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

51.
Which one of the following is the main problem with using non-probability sampling techniques?

A. The expense

B. The results are never representative

C. Human judgement error

D. Informants can refuse to participate

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52.
From the following, identity one situation where 'F' test cannot be used?

A. To compare more than two population means

B. To test the hypothesis about a single population vanance

C. To test the hypothesis about two population variance

D. To study about randomized block design

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53.
The duration of the Jagler cycle is approximately

A. $$6\frac{1}{2}$$ year

B. $$7\frac{1}{2}$$ year

C. 8 year

D. $$9\frac{1}{2}$$ year

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54.
. . . . . . . . refers to devising a representation in a small and simplified form of a system, which can be manipulated to gauge effect.

A. Simulation

B. Evaluation

C. Comparative

D. None of these

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55.
For testing of hypothesis H₀ : M₁ = M₂ and H₁ : M₁ < M₂, the critical value of Z at 5% level of significance when size of sample is more than 30 is

A. 1.96

B. 2.32

C. 1.645

D. 2.5758

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56.
In which one of the following situations is the application of t-test is most appropriate?

A. Testing the significance of coefficient of correlation between paired observations of small sized sample

B. Testing the significance of coefficient of correlation between paired observations of large sized sample

C. Comparing variances of two small sized samples

D. Testing the significance of the difference among mean values of more than two samples groups

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57.
Second quartile is called

A. Mean

B. Median

C. Mode

D. None of the above

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58.
The most common use of Kruskal-Wall is test is
1. one nominal variable.
2. one measurement variable.
Select the correct answer using the options given below

A. Only 1

B. Only 2

C. Both 1 and 2

D. None of these

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59.
Standard Deviation is calculated on the basis of

A. mean

B. median

C. mode

D. None of the above

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60.
If Σx = 440, Σy = 330, Σx² = 17,986, Σy² = 10,366, Σxy = 13,467 and n = 11, then the value of r, the coefficient of correlation, to 2 decimal places, is

A. 0.36

B. 0.63

C. 0.80

D. 0.50

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

51. Which one of the following is the main problem with using non-probability sampling techniques?

Answer & Solution

52. From the following, identity one situation where 'F' test cannot be used?

Answer & Solution

53. The duration of the Jagler cycle is approximately

Answer & Solution

54. . . . . . . . . refers to devising a representation in a small and simplified form of a system, which can be manipulated to gauge effect.

Answer & Solution

55. For testing of hypothesis H0 : M1 = M2 and H1 : M1 < M2, the critical value of Z at 5% level of significance when size of sample is more than 30 is

Answer & Solution

56. In which one of the following situations is the application of t-test is most appropriate?

Answer & Solution

57. Second quartile is called

Answer & Solution

58. The most common use of Kruskal-Wall is test is 1. one nominal variable. 2. one measurement variable. Select the correct answer using the options given below

Answer & Solution

59. Standard Deviation is calculated on the basis of

Answer & Solution

60. If Σx = 440, Σy = 330, Σx2 = 17,986, Σy2 = 10,366, Σxy = 13,467 and n = 11, then the value of r, the coefficient of correlation, to 2 decimal places, is

Answer & Solution

Read More Section(Business Statistics and Research Methods)

51.
Which one of the following is the main problem with using non-probability sampling techniques?

52.
From the following, identity one situation where 'F' test cannot be used?

53.
The duration of the Jagler cycle is approximately

54.
. . . . . . . . refers to devising a representation in a small and simplified form of a system, which can be manipulated to gauge effect.

55.
For testing of hypothesis H₀ : M₁ = M₂ and H₁ : M₁ < M₂, the critical value of Z at 5% level of significance when size of sample is more than 30 is

56.
In which one of the following situations is the application of t-test is most appropriate?

57.
Second quartile is called

58.
The most common use of Kruskal-Wall is test is
1. one nominal variable.
2. one measurement variable.
Select the correct answer using the options given below

59.
Standard Deviation is calculated on the basis of

60.
If Σx = 440, Σy = 330, Σx² = 17,986, Σy² = 10,366, Σxy = 13,467 and n = 11, then the value of r, the coefficient of correlation, to 2 decimal places, is