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

31.
The intersecting point of two regression lines is

A. 0, 0

B. $$\overline x ,\,\overline y $$

C. $${b_{xy}},\,{b_{yx}}$$

D. None of these

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32.
Assertion (A) In mean deviation, everything is considered positive.
Reason (R) Sum of the deviations of the value of items in a series from arithmetic mean is zero and from other averages it is nearly zero.

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

B. Both (A) and (R) are true, but (R) is not the correct explanation of (A)

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

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

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33.
The data obtained by economic times are

A. Primary

B. Secondary

C. Both

D. None of these

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34.
In the case of classification of data, the class having its upper limit is treated as the lower limit of its next class is called:

A. Open ended class

B. Close ended class

C. Exclusive class

D. Inclusive class

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35.
Secular trend cannot be measured by

A. Moving Average Method

B. Semi-Average Method

C. Weighted Average Method

D. Free Hand Curve Method

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36.
A firm which bottles shampoo selects some filled bottles for examination: The procedure used is that two random numbers are chosen, x and y. Starting at the x bottle filled, every bottle at an interval of y is then chosen for examination. This type of sampling is known as:

A. Multi-stage

B. Random

C. Systematic

D. Stratified

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37.
The data obtained by 'Financial Express' is:

A. Primary data

B. Secondary data

C. All the above

D. None of these

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38.
Which of the following is more relevant to primary data?

A. More reliable

B. Quicker to obtain

C. Available to individuals and small organizations

D. All are correct

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39.
Which of the following is not a property of the arithmetic mean?

A. Its variance is no larger than the variance of the population distribution

B. It is always equal to the population mean

C. It is unbiased

D. Its variance becomes smaller when the sample size gets bigger

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40.
According to Kruskal-Wallis H-test, variable should be measured with

A. discontinuous level

B. continuous level

C. Both A and B

D. Neither A nor B

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

31. The intersecting point of two regression lines is

Answer & Solution

32. Assertion (A) In mean deviation, everything is considered positive. Reason (R) Sum of the deviations of the value of items in a series from arithmetic mean is zero and from other averages it is nearly zero.

Answer & Solution

33. The data obtained by economic times are

Answer & Solution

34. In the case of classification of data, the class having its upper limit is treated as the lower limit of its next class is called:

Answer & Solution

35. Secular trend cannot be measured by

Answer & Solution

36. A firm which bottles shampoo selects some filled bottles for examination: The procedure used is that two random numbers are chosen, x and y. Starting at the x bottle filled, every bottle at an interval of y is then chosen for examination. This type of sampling is known as:

Answer & Solution

37. The data obtained by 'Financial Express' is:

Answer & Solution

38. Which of the following is more relevant to primary data?

Answer & Solution

39. Which of the following is not a property of the arithmetic mean?

Answer & Solution

40. According to Kruskal-Wallis H-test, variable should be measured with

Answer & Solution

Read More Section(Business Statistics and Research Methods)

31.
The intersecting point of two regression lines is

32.
Assertion (A) In mean deviation, everything is considered positive.
Reason (R) Sum of the deviations of the value of items in a series from arithmetic mean is zero and from other averages it is nearly zero.

33.
The data obtained by economic times are

34.
In the case of classification of data, the class having its upper limit is treated as the lower limit of its next class is called:

35.
Secular trend cannot be measured by

36.
A firm which bottles shampoo selects some filled bottles for examination: The procedure used is that two random numbers are chosen, x and y. Starting at the x bottle filled, every bottle at an interval of y is then chosen for examination. This type of sampling is known as:

37.
The data obtained by 'Financial Express' is:

38.
Which of the following is more relevant to primary data?

39.
Which of the following is not a property of the arithmetic mean?

40.
According to Kruskal-Wallis H-test, variable should be measured with