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-5
Each section contains 100 MCQs on
Business Statistics and Research Methods .
In binomial distribution, if number oftrials (n) is infinitely large, the probability of success (p) of occurrence of an event is close to . . . . . . . . and probability of failure (q) of occurrence of an event close to . . . . . . . .
Arrange the following statements in sequence for applicability of Chi-square test.
1. Observations are recorded and samples are collected on a random basis.
2. Check whether all the members in the sample must be independent.
3. Check that no group contain items less than 10 otherwise regrouping needs to be done.
4. Check that are constraints are linear.
Assertion (A) The CLT is useful when examining returns for a stock or index because it simplifies many analysis procedures. Reason (R) An appropriate sample size depends on the data available.
According to . . . . . . . ., "is a relatively large number of items be chosen at random from a group, such items are on average almost sure to have the characteristics of the group."
