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-11
Each section contains 100 MCQs on
Business Statistics and Research Methods .
Consider the following statements. Statement-I: Standard error of the mean is the standard deviation of the sampling distribution of mean. Statement-II: Simple random sampling is non-probability sampling method.
Which of the following combination is correct?
Which of the following statement/s is/are true in context of ANOVA?
1. ANOVA is an acronym for "analysis of variance"
2. ANOVA is a parametric statistical hypothesis test to determine whether the means from two or more samples of data come from the same distribution or not.
3. ANOVA is used when one variable is numeric and one is categorical, such as numerical input variables and a classification target variable in a classification task.
4. ANOVA is a class of statistical tests that calculate the ratio between variances values, such as the variance from two different samples.
5. ANOVA tell us the explained and unexplained variance by a statistical test.