Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

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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-8

Each section contains 100 MCQs on Business Statistics and Research Methods .

Which of the following is NOT a method of collection of primary data?

A) Referring to economic reports published by the Government B) Conducting oral interviews C) Taking information form correspondents D) Schedules through Enumerators E) Mailing of questionnaire

Discuss

Answer & Solution

Answer: Option A

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

The correlation coefficient between X and Y is directly proportional to

A) Standard deviation of X B) Standard deviation of Y C) Covariance of X and Y D) Both A and B

Discuss

Answer & Solution

Answer: Option C

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

In the process of conducting research 'Formulation of Hypothesis" is followed by:

A) Statement of Objectives B) Analysis of Data C) Selection of Research Tools D) Collection of Data

Discuss

Answer & Solution

Answer: Option C

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

For larger values of 'n', Binomial Distribution:

A) loses its discreteness B) tends to Poisson Distribution C) stays as it is D) gives oscillatory values

Discuss

Answer & Solution

Answer: Option B

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

What effect does increase in the sample size have upon the sampling error?

A) It reduces the sampling error B) It increases the sampling error C) It has no effecton the sampling error D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Comparative research design is used to compare . . . . . . . . and . . . . . . . . situation.

A) prospective, applied B) present, future C) past, present D) known, unknown

Discuss

Answer & Solution

Answer: Option C

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

Shape of T-distribution loses its flatness when

A) as the sample size gets larger B) as the sample size gets smaller C) with the passage of time D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Time reversal test is satisfied when

A) P₀₁ × P₁₀ = 0 B) P₀₁ × P₁₀ = 1 C) P₀₂ × P₁₀ > 1 D) P₀₁ × P₁₀ < 1

Discuss

Answer & Solution

Answer: Option B

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

Mann-Whitney U-test uses which of the following function?

A) U = min(u_y, u_y) B) U = max(u_x, u_x) C) U = max(u_x, u_y) D) U = min(u_x, u_y)

Discuss

Answer & Solution

Answer: Option C

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

All data points falling along a straight line is called:

A) Linear relationship B) Non-linear relationship C) Residual D) Scatter diagram

Discuss

Answer & Solution

Answer: Option A

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

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