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Each section contains 100 MCQs on Business Statistics .

Which one is not the type of utility of information

A) Form utility B) Time utility C) Place utility D) Product utility

Discuss

Answer & Solution

Answer: Option D

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

Given

X	Y
5	37
7	31
10	20
15	15
20	10
28	5

The above series is an example of

A) positive correlation B) negative correlation C) linear correlation D) non-linear correlation

Discuss

Answer & Solution

Answer: Option B

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

In case of conditional probability, (A and B) =

A) P(A) × P(A/B) B) P(B) × P(A) C) P(B) × P(A/B) D) P(A)/P(B)

Discuss

Answer & Solution

Answer: Option C

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

Which of the following is/are tools of the decision support system?

A) Operations research model B) Management science model C) Behavioural model D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

The information technology choice is a

A) Strategic decision B) Co-ordinated decision C) Planned decision D) Directed decision

Discuss

Answer & Solution

Answer: Option A

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

If both the regression coefficients are negative, the correlation coefficient would be

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

Discuss

Answer & Solution

Answer: Option C

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

The DBMS is a

A) Collection of the interrelated files and a set of programmes through which the users can access and modify these files B) Software designed to manage and maintain the database of an organisation C) System of accounting D) Both A and B

Discuss

Answer & Solution

Answer: Option D

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

If all values of a variable are multiplied by a given number, which one of the following will not be affected?

A) Mean B) Range C) Coefficient of variation D) Median

Discuss

Answer & Solution

Answer: Option C

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

A company makes electric toys. The probability that an electric toy is defective is 0.01. What is the probability that a shipment of 300 toys will contain exactly 5 defectives?

A) 0.1 B) 3.4 C) 0.2 D) 0.36

Discuss

Answer & Solution

Answer: Option A

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

The emperical formulae of ceritral measure of tendency is

A) 2 Mode = 3 Median - Mean B) Mode = 3 Median - 2 Mean C) Mean = 3 Median - 2 Mode D) Mode = 2 Median - 3 Mean

Discuss

Answer & Solution

Answer: Option B

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

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