Business Statistics

A. to show you what things you need to make your life happier

B. to help you consciously recognise the roots of your problems

C. to make you forget the things that are troubling you

D. to make you conform to society's expectations

A. Hypothesis

B. Regression analysis

C. Probability theory

D. Correlation analysis

A. The processing of data for the information processing should be allowed only after a thorough validation of the transactions and contents, as a whole, on a logical plane

B. The quality of information can be measured on the four dimensions, viz., utility, satisfaction, error and bias

C. The quality of information is high, if it creates managerial impact leading to attention, decision and action

D. All of the above

A. With the planning and use of resources used in the business

B. With the financial planning and use of resource

C. With the planning of computer

D. All of the above

A. Data validation

B. Data entry

C. Data acquisition

D. All of these

A. P(B/A_i)

B. $$\sum $$P(B $$ \cap $$ A_i)

C. P(A_i $$ \cup $$ B)

D. P(A_i/B)

A. a-1. b-2, c-3, d-4

B. a-4, b-3, c-2, d-1

C. a-3, b-1, c-4, d-2

D. a-3, b-2, c-1, d-4

A. Both statements are correct

B. Both statements are incorrect

C. Statement I is correct while Statement II is incorrect

D. Statement I is incorrect while Statement II is correct

A. The use of the same co-ordinated data ensures accuracy

B. It assists in laying down necessary control mechanism in as much as each level of management becomes aware of the information flowing to the other levels

C. In an integrated data processing system, data is properly analysed and shifted, unnecessary items are weeded out, and data are to flow with speed

D. All of the above

A. To convert a raw into finished

B. To convert the source code to programming language

C. To convert information into result

D. To convert the device into output