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-12
Each section contains 100 MCQs on
Business Statistics and Research Methods .
Which of the following steps would be included in hypothesis testing?
1. State the null and alternative hypothesis.
2. Set the significance level before the research study.
3. Eliminate all outliers.
4. Obtain the probability value using a computer program such as SPSS.
5. Compare the probability value to the significance level and make the statistical decision.
Arrange the following steps in sequence in constructing histogram.
1. Convert frequency table into equal class interval.
2. Check that class intervals are shown on X-axis and frequencies on the Y-axis.
3. Check that height of the rectangle is proportional to the respective frequency of grouped data.
4. Check that width of the rectangle represent the class interval.
5. Each rectangle is then joined.
Select the correct answer using the options given below