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-7 section-2

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

When one regression coefficient is negative the other would be

A) negative B) positive C) zero D) None of them

Discuss

Answer & Solution

Answer: Option A

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

Match the following and choose the most appropriate option.

List-I	List-II
a. Median	1. Hypothesis
b. Standard Deviation	2. Positional Average
c. F-Test	3. Distance from mean value

A) a-1, b-2, c-3 B) a-2, b-3, c-1 C) a-3, b-1, c-2 D) a-2, b-1, c-3 E) a-1, b-3, c-2

Discuss

Answer & Solution

Answer: Option B

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Which one of the following statistical approach must be adopted to deal with the issues of making estimates, predictions and decisions?

A) Descriptive statistics B) Inferential statistics C) Probability theory D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

In table, the wordings of stubs and captions should be . . . . . . . .

A) as detailed as possible B) as brief as possible C) to the point D) Both B and C

Discuss

Answer & Solution

Answer: Option B

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The critical region of a test of hypothesis is equal to the

A) probability of a correct decision B) probability of not making a correct decision C) probability of committing type I error D) probability of committing type II error

Discuss

Answer & Solution

Answer: Option C

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The data are presented in time series:

A) On the basis of value B) On the basis of time C) On the basis of Both A and B D) None of the above

Discuss

Answer & Solution

Answer: Option C

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The measures used to calculate the variation present among the observations relative to their average is called:

A) Coefficient of kurtosis B) Absolute measures of dispersion C) Quartile deviation D) Relative measures of dispersion

Discuss

Answer & Solution

Answer: Option D

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In sampling research, a study can be made to arrive at a concrete conclusion

A) Only a very small numbers of units out of over all pollution B) All units of the whole population C) Representative units of the population D) None of the above

Discuss

Answer & Solution

Answer: Option C

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"Internal validity" refers to:

A) whether or not there is really a causal relationship between two variables B) whether or not the findings are relevant to the researcher's everyday lives C) the extent to which the researcher believes that this was a worthwhile project D) how accurately the measurements represent underlying concepts

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Answer & Solution

Answer: Option A

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In trees standard error of estimation 'n' stands for

A) $$n = Z_{1 - \frac{\alpha }{2}}^2.{\sigma ^2}{m^2}$$ B) $$n = {Z_{1 - \frac{\alpha }{2}}}.\frac{{{m^2}}}{{{\sigma ^2}}}$$ C) $$n = Z_{1 - \frac{\alpha }{2}}^2.\frac{\sigma }{m}$$ D) Both A and C

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