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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-2 section-10

Each section contains 100 MCQs on Business Statistics and Research Methods .
11
. . . . . . . . technique is employed when the complete and up to date list of the sampling units is available in some systematic order.
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Answer: Option C
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12
Median - Mode = 2 (Mean - . . . . . . . . )
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Answer: Option B
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13
Consider the following statements.
Assertion (A): If regression coefficient of X on Y is greater than one, regression coefficient of Y on X must be less than one.
Reason (R): The geometric mean between two regression coefficientsis the co-efficient of correlation.
On the basis of the above, choose the appropriate answer:
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Answer: Option A
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14
The conclusion of the law of inertia of large numbers
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Answer: Option B
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15
Which of the following are the graphical representation of data?
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Answer: Option D
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16
Any measure indicating the centre of a set of data, arranged in an increasing or decreasing order of magnitude, is called a measure of
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Answer: Option C
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17
A coin is biased so that its chances of landing Head is 21.3. If the coin is flipped 3 times, the probability that the first 2 flips are heads and the 3rd flip is a tail is:
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Answer: Option A
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18
When large weights have to be given to small items and small weights to large items the most appropriate mean for its measurement is?
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Answer: Option D
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19
The frequencies in the cumulative frequency distribution are placed
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Answer: Option A
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20
The sum total of the values of two variables 'X' and 'Y' is equal for all the observations. The value of the coefficient of correlation between 'X' and 'Y' is:
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Answer: Option B
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