Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11 Section 12

21.
Which of the following statistical measures is based on all observations?

A. Harmonic mean

B. Range

C. Mode

D. None of these

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22.
The area under normal distribution covered within μ ± 3σ limit is

A. 0.6827

B. 0.9545

C. 0.9973

D. 1.0000

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23.
Survey research is cross-sectional and as a result, it is:

A. low in internal validity but high in replicability

B. high in internal validity but low in reliability

C. none of the above

D. high in ecological validity but low in external validity

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24.
Which kind of research is conducted to understand and resolve one's own problems?

A. Qualitative research

B. Problem solving research

C. Both A and B

D. None of the above

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25.
Which of the following statement is/are correct?
(1) Circle is a two dimensional diagram.
(2) Frequency polygon represents cumulative frequency.
Select the correct answer using the options given below

A. Only 1

B. Only 2

C. Both 1 and 2

D. Neither 1 nor 2

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26.
Index for base period is always taken as

A. 0

B. 100

C. 200

D. 1000

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27.
Assertion (A) Range is not useful to manager for comparison, if the observations are in different units.
Reason (R) For the purpose of comparison a relative measure of range is required which is called coefficient of range.

A. Both (A) and (R) are true

B. (A) is true, but (R) is false

C. (A) is false, but (R) is true

D. Both (A) and (R) are false

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28.
Which of the following statements are true for a standard normal curve?
1. Standard normal curve is symmetrical.
2. Standard normal curve is non-symmetrical.

A. Only 1

B. Only 2

C. Both 1 and 2

D. None of the above

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29.
Which of the following test are used for dealing with the problem of small samples?

A. T-test

B. Z-test

C. Both A and B

D. Neither A nor B

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30.
Whenever the data is related to speed distance and time, their best average will be

A. Median

B. Mode

C. Geometric mean

D. Harmonic mean

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Business Statistics and Research Methods MCQ Questions and Solutions with Explanations | Commerce

21. Which of the following statistical measures is based on all observations?

Answer & Solution

22. The area under normal distribution covered within μ ± 3σ limit is

Answer & Solution

23. Survey research is cross-sectional and as a result, it is:

Answer & Solution

24. Which kind of research is conducted to understand and resolve one's own problems?

Answer & Solution

25. Which of the following statement is/are correct? (1) Circle is a two dimensional diagram. (2) Frequency polygon represents cumulative frequency. Select the correct answer using the options given below

Answer & Solution

26. Index for base period is always taken as

Answer & Solution

27. Assertion (A) Range is not useful to manager for comparison, if the observations are in different units. Reason (R) For the purpose of comparison a relative measure of range is required which is called coefficient of range.

Answer & Solution

28. Which of the following statements are true for a standard normal curve? 1. Standard normal curve is symmetrical. 2. Standard normal curve is non-symmetrical.

Answer & Solution

29. Which of the following test are used for dealing with the problem of small samples?

Answer & Solution

30. Whenever the data is related to speed distance and time, their best average will be

Answer & Solution

Read More Section(Business Statistics and Research Methods)

21.
Which of the following statistical measures is based on all observations?

22.
The area under normal distribution covered within μ ± 3σ limit is

23.
Survey research is cross-sectional and as a result, it is:

24.
Which kind of research is conducted to understand and resolve one's own problems?

25.
Which of the following statement is/are correct?
(1) Circle is a two dimensional diagram.
(2) Frequency polygon represents cumulative frequency.
Select the correct answer using the options given below

26.
Index for base period is always taken as

27.
Assertion (A) Range is not useful to manager for comparison, if the observations are in different units.
Reason (R) For the purpose of comparison a relative measure of range is required which is called coefficient of range.

28.
Which of the following statements are true for a standard normal curve?
1. Standard normal curve is symmetrical.
2. Standard normal curve is non-symmetrical.

29.
Which of the following test are used for dealing with the problem of small samples?

30.
Whenever the data is related to speed distance and time, their best average will be