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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-3

Each section contains 100 MCQs on Business Statistics and Research Methods .
81
Range is the measure of dispersion which is used for the following purpose.
1. Quality control of products.
2. Studying the fluctuation in financial and share market.
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Answer & Solution
Answer: Option C
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82
If you want to check the uniformity of your students in terms of knowledge, which one test based on statistics would you consider for this purpose?
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Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
83
The sum of squares of the deviations is minimum, when deviations are taken from:
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Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
84
Generally mode is equal to
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Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
85
A common test in research demands much priority on:
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Answer & Solution
Answer: Option D
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86
A report that accumulates information about entire organisation and serves the interest of outsiders as well is called-
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Answer & Solution
Answer: Option A
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87
The mean of a distribution is 14 and the standard deviation is 5. What is the value of the coefficient of variation.
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Answer & Solution
Answer: Option B
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88
Which of the following report does provide us the rational findings?
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Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
89
If x is a random variable and 'a' and 'b' are constants, then Var (ax + b) is
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Answer & Solution
Answer: Option A
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90
The two tails of the normal distribution . . . . . . . . the horizontal axis.
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Answer & Solution
Answer: Option B
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