Business Statistics and Research Methods MCQs

Question 1

To determine the height of a person when his weight is given is:

Accepted Answer

Regression problem

Answer

Correlation problem

Answer

Association problem

Answer

Qualitative problem

Question 2

In a negatively skewed distribution, which of the following statements holds to be true?

Accepted Answer

The excess tail is in the left hand side

Answer

The value of mean is maximum

Answer

The value of mode is minimum

Answer

Median value is equal to mode

Question 3

If two entries are assigned the average of rank 5 and it's next rank 6, then the next rank after 5.5 is

Accepted Answer

7

Answer

5

Answer

6

Answer

8

Question 4

Which of the following give's the substance of the report?

Accepted Answer

Summary

Answer

Abstract

Answer

Preface

Answer

Table of contents

Question 5

Moment ratios β1 and β2 are:

Accepted Answer

Unit less quantities

Answer

Independent of origin and scale of measurement

Answer

Expressed in original unit of the data

Answer

Both A and B

Question 6

The most commonly used measure of dispersion is . . . . . . . .

Accepted Answer

standard deviation

Answer

range

Answer

coefficient of variation

Answer

quartile deviation

Question 7

Given below are two statements one labelled as Assertion (A) and the other as Reason (R)- Assertion (A): Fisher's Ideal Index is geometric mean of Laspeyre's and Pasche's index. Reason (R): Pasche Index Number adopts base year quantity. Choose the correct answer from the options given below

Accepted Answer

(A) is true but (R) is false

Answer

Both (A) and (R) are true and (R) is correct explanation of (A)

Answer

Both (A) and (R) are true but (R) is not the correct explanation of (A)

Answer

(A) is false but (R) is true

Question 8

When regression line passes through the origin, then:

Accepted Answer

Intercept is zero

Answer

Regression coefficient is zero

Answer

Correlation is zero

Answer

Association is zero

Question 9

Which of the following is/are part of sampling distribution?

Accepted Answer

All of these

Answer

Mean absolute value

Answer

Range

Answer

Standard deviation