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-8

The Karl Pearson's coefficient of correlation can be computed between

A) Two Variables B) Two Attributes C) Two Numbers D) Two Assumptions

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Answer & Solution

Answer: Option A

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There is a correlation between weight gain with age

A) Linear B) Curvey linear C) Negative D) Positive

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Answer: Option D

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The right-hand tail of a frequency distribution is found to the mirror image of the left-hand tail.
The distribution is-

A) positively skewed B) negatively skewed C) asymmetric D) symmetric

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Answer & Solution

Answer: Option B

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Research is:

A) Searching again and again B) Finding solution to any problem C) Working in a scientific way to search for truth of any problem D) None of the above

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Answer: Option C

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Correlation is expressed by:

A) ΣX B) ΣP C) r D) ΣWX

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Answer: Option C

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Formula of the Laspeyer's index

A) $$\frac{{\sum {{p_1}\left( {{q_0}{q_1}} \right)} }}{{\sum {{p_0}\left( {{q_0}{q_1}} \right)} }} \times 100$$ B) $$\frac{{\sum {{p_1}{p_0}} }}{{\sum {{q_1}{q_0}} }} \times 100$$ C) $$\frac{{\sum {{p_1}{q_0}} }}{{\sum {{p_0}{q_0}} }} \times 100$$ D) $$\frac{{\sum {{p_1}\left( {{q_0} + {q_1}} \right)} }}{{\sum {{p_0}\left( {{q_0} + {q_1}} \right)} }} \times 100$$

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Answer & Solution

Answer: Option C

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"The life expectancy of people in Kerala is more than that of Tamil Nadu." This statement is an example of:

A) Descriptive Hypothesis B) Causal Hypothesis C) Correlational Hypothesis D) None of the above

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Answer: Option C

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A distribution, where the value of arithmetic mean is maximum as compared to median and mode, is

A) Normal distribution B) Positively-skewed distribution C) Negatively-skewed distribution D) None of these

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Answer: Option B

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The role of a project supervisor is to:

A) give you a reading list B) provide academic support, guidance and critical feedback on your work C) negotiate access to the research setting on the student's behalf D) ensure you keep to your schedule and deadlines

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Answer: Option B

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100

For the construction of index number which among the following averages is the best one?

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

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Answer: Option D

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