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-3

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

Which of the following is restricted non-probability based sampling method?

A) Stratified sampling B) Quota sampling C) Cluster sampling D) Systematic sampling

Discuss

Answer & Solution

Answer: Option B

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

The criterion which enables us to classify various sampling units into different strata is termed as . . . . . . . .

A) probability factor B) stratifying factor C) Both A and B D) Neither A nor B

Discuss

Answer & Solution

Answer: Option B

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

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

Discuss

Answer & Solution

Answer: Option C

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

The limits of the population correlation is

A) r ± P.E. B) r ± 3 S.E. C) r ± 3 P.E. D) None of these

Discuss

Answer & Solution

Answer: Option A

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

The independent variable in a regression line is:

A) Non-random variable B) Random variable C) Qualitative variable D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Percentage bar diagram is similar to sub-divided bar diagrams. The only difference is

A) in percentage bars diagram length of bar are equal while it is unequal in sub-divided bar diagram B) in percentage bars diagram width is equal while unequal in sub-divided bar diagram C) Both A and B D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Which of the following not true for binomial distribution?

A) The experiment is performed repeatedly B) Outcome of random experiment results in the dichotomous classification of events C) All trial are dependent D) None of the above

Discuss

Answer & Solution

Answer: Option C

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

The equation Y = A + BX can show:

A) Regression line of Y on X B) Regression line of X on Y C) Both A and B D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Quartile deviation is-

A) $$\frac{4}{5}\sigma $$ B) $$\frac{3}{2}\sigma $$ C) $$\frac{2}{3}\sigma $$ D) $$\frac{5}{4}\sigma $$

Discuss

Answer & Solution

Answer: Option C

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

100

Statistical software packages for research in social sciences include:

A) SPSS B) STATA C) Mini Tab D) All of the above

Discuss

Answer & Solution

Answer: Option D

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