Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

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-6 section-11

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option B

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

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

Discuss

Answer & Solution

Answer: Option D

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

. . . . . . . . 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

Discuss

Answer & Solution

Answer: Option A

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

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

Discuss

Answer & Solution

Answer: Option C

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

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

Discuss

Answer & Solution

Answer: Option A

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

Second quartile is called

A) Mean B) Median C) Mode D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

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

Discuss

Answer & Solution

Answer: Option C

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

Standard Deviation is calculated on the basis of

A) mean B) median C) mode D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

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

Discuss

Answer & Solution

Answer: Option B

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