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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-1 section-10

Each section contains 100 MCQs on Business Statistics and Research Methods .
1
A shopkeeper wants to keep a stock of shoes. The most appropriate mean for that would be
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Answer: Option C
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2
Mean deviation computed from a set of data is always:
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Answer: Option D
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3
The arrangement of data in rows and columns is called:
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Answer: Option C
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4
Which of the following is an incomplete experimental research design?
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Answer: Option C
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5
Standard deviation of a binomial distribution is equal to
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Answer: Option A
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6
The coefficient of correlation between two series x and y is found to be 0.80. if all the vallues of x and y are reduced by 50%, the correlation coefficient will be
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Answer: Option A
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7
500 students were selected at random out of which 190 were married. 90 passed out of married students and 110 failed out of unmarried students, the number of passed unmarried students would be
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Answer: Option C
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8
Assertion (A) The value, of coefficient of correlation shall always lie between -1 < r < +1.
Reason (R) When the value or r = +1 the correlation between the variable is perfect and positive and when r = -1, correlation is said to be perfect and negative.
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Answer: Option A
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9
In a Binomial Distribution, if p, q and n are probability of success, failure and number of trials respectively then given by:
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Answer: Option B
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10
Statistical forecasting is done:
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Answer: Option C
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