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-3 section-1

Karl Pearson's coefficient of correlation between two variables is

A) The product of their standard deviations B) The square root of the product of their regression coefficients C) The covariance between the variables D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

When quantitative measures for certain factors cannot be fixed the measure which is generally adopted is known as?

A) Standard deviation B) Quartile deviation C) Range D) Correlation coefficient E) Rank correlation coefficient

Discuss

Answer & Solution

Answer: Option E

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

Statement I: If the alternative hypothesis is as $$\mu \ne {\mu _0}$$ ; a researcher requires two-tailed test in hypothesis-testing.
Statement II: The mean of the sampling distribution of mean is not equal to the parametric value of mean.

A) Both the statements are true B) Both the statements are false C) Statement I is true, while Statement II is false D) Statement I is false, while Statement II is true

Discuss

Answer & Solution

Answer: Option C

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

If unexplained variation between variables X and Y is 36%, what is the coefficient of correlation between the variables?

A) 0.36 B) 0.64 C) 0.60 D) 0.80

Discuss

Answer & Solution

Answer: Option D

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

A reasoning where we start with certain particular statements and conclude with a universal statement is called:

A) Deductive Reasoning B) Inductive Reasoning C) Abnormal Reasoning D) Transcendental Reasoning

Discuss

Answer & Solution

Answer: Option B

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

Process of arranging data into a new order is called

A) Manipulation of data B) Standardisation of data C) Sequencing of data D) Standardised input

Discuss

Answer & Solution

Answer: Option C

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

From the following, identify one situation where 'F' test cannot be used.

A) To compare more than two population means B) To test the hypothesis about a single population variance C) To test the hypothesis about two population variance D) To study about randomised block design

Discuss

Answer & Solution

Answer: Option B

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

The most widely used method of measuring seasonal variations is

A) Ratio-to-moving average method B) Ratio-to-trend method C) Link relative method D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Sturge's rule is used to find out directly

A) Number of classes in a continuous distribution B) Size of class limits C) Direction of the classification D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Action research that is usually meant for professional people is:

A) A longitudinal research B) An applied research C) A research initiated to solve an immediate problem D) A research with socioeconomic objective

Discuss

Answer & Solution

Answer: Option C

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