Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

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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-11

Each section contains 100 MCQs on Business Statistics and Research Methods .

In a correlation study the results were: The correlation coefficient will be:
∑xy = 40, N = 100, ∑x² = 80, ∑y² = 20

A) -1.0 B) 0 C) +1.0 D) 0.92

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Spearman's rank correlation explores relationship between:

A) Two ordinal data B) Two interval data C) Two ratio data D) Two nominal data

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

In a chronological classification, data are classified on the basis of

A) attributes B) class-intervals C) time D) location

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Which of the following should be considered in report writing?
1. Structure
2. Content
3. Presentation
4. Use of english
5. Style
6. Detailed preparation
Select the correct answer using the options given below

A) 1, 2, 4 and 5 B) 2, 3, 5 and 6 C) 1, 3, 5 and 6 D) All of these

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

The p.d.f of Poisson Distribution is given by

A) $$\frac{{{e^{ - m}}{m^z}}}{{x!}}$$ B) $$\frac{{{e^{ - m}}x!}}{{{m^z}}}$$ C) $$\frac{{x!}}{{{m^z} - {e^{ - m}}}}$$ D) $$\frac{{{e^m}{m^z}}}{{z!}}$$

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The definition of statistics "Statistics is the science of estimates and probabilities" is given by

A) Bowley B) Boddington C) Roberts D) Fisher

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

The data obtained from a newspaper called economic times is referred to as

A) primary data B) secondary data C) Both A and B D) None of these

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Correlation coefficient is measure of

A) Relationship between two variables B) Linear relationship between two variables C) Independence between two variables D) Dependence between two variables

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Which of the following is NOT a part of measuring the central tendency?

A) Weighted Average B) Mean C) Median D) Harmonic Mean E) Chi Square Test

Discuss

Answer & Solution

Answer: Option E

No explanation is given for this question. Let's Discuss on Board

100

The average of the squared deviations from the arithmetic mean is called:

A) Mean deviation B) Variance C) Standard deviation D) Quartile deviation

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

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