Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

Business Statistics and Research Methods MCQ Questions and Solutions with Explanations | Commerce

Business Statistics and Research Methods MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business Statistics and Research Methods MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-1

The most appropriate average to be used to compute the average rate of growth in population is

A) Arithmetic mean B) Median C) Geometric mean D) Harmonic mean

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Answer & Solution

Answer: Option C

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The geometric mean of 864 and 512 is-

A) 194 B) 64 C) 16 D) None of these

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Answer & Solution

Answer: Option B

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The coefficient of correlation

A) Has no limits B) Can be less than one C) Can be more than one D) Varies between ± 1

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Answer & Solution

Answer: Option D

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Two events are said to be independent, as per the theory of probability, if the occurrence of one:

A) Prevents the occurrence of another B) Makes the probability of occurrence of other as zero C) Affects the probability of another D) Does not effects the probability of occurrence of another

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Answer & Solution

Answer: Option D

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A distribution where the mode has a lower value than the median and the median is less than the mean is known as:

A) Positively skewed distribution B) Normal distribution C) Negatively skewed distribution D) Continuous distribution

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Answer & Solution

Answer: Option A

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If the population is heterogeneous, which one of the following probability sampling methods is more appropriate?

A) Sequential sampling B) Quota sampling C) Double sampling D) Stratified sampling

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Answer & Solution

Answer: Option D

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The probability of drawing a 'spade' from a well shuffled packet of cards is

A) $$\frac{1}{{52}}$$ B) $$\frac{4}{{52}}$$ C) $$\frac{1}{4}$$ D) $$\frac{2}{3}$$

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Answer & Solution

Answer: Option B

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Which of the following averages can not be calculated with the help of graphic presentation?

A) Arithmetic mean B) Quartiles C) Median D) Mode

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Answer & Solution

Answer: Option A

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National sample survey organisation conducts surveys on

A) Socio-Economic Subjects B) Agricultural and Industrial Subjects C) Demographic issues D) All of the above

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Answer & Solution

Answer: Option D

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100

Which one of the following is a false statement?

A) The signs of the regression coefficients are always the same B) Correlation coefficient is the geometric mean of the two regression coefficients C) The covariance between two variables divided by the product of their standard deviations produces the value of coefficient of correlation D) Coefficient of correlation is independent of origin but not of scale

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Answer & Solution

Answer: Option D

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