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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-9 section-2

Each section contains 100 MCQs on Business Statistics and Research Methods .
81
Consider the following information.
Commodity Price in 2015 (Rs.) Price in 2016 (Rs.)
A 50 70
B 40 60
C 80 90
D 110 120
E 20 20
If we go on constructing an index number for the year 2016, taking year 2015 as base, what will be the value?
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Answer & Solution
Answer: Option D
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82
Questionnaire is a:
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Answer: Option C
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83
If a construction company claims that 40% of all residences being built are 2 bedroom homes, the null hypothesis is
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Answer: Option A
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84
Monthly expenditure of five persons in rupees are 132, 140, 144, 136 and 138. What will be its arithmetic mean?
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Answer: Option A
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85
Poisson distribution is applied for:
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Answer: Option B
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86
Which of the following should be taken as the main features of an ideal average?
1. Easy to Understand and Simple to Compute
2. Rigidly Defined
3. Based on the minimum number of items in the data
4. Not to be Unduly Affected by Extreme Items
5. Capable of Further Algebraic Treatment
6. Less Sampling Stability
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Answer & Solution
Answer: Option C
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87
$${\gamma _2}$$ coefficientis equal to
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Answer: Option C
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88
Which of the following statements is/are true about a population in statistics?
1. Population is the total number of items under observation.
2. Parameter is a characteristics of population.
3. Each unit in a population possess same characteristics.
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Answer: Option A
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89
What part of the standard deviation is the mean deviation?
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Answer: Option C
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90
For a symmetrical distribution:
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Answer: Option C
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