Business Statistics and Research Methods MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11 Section 12

11.
. . . . . . . . technique is employed when the complete and up to date list of the sampling units is available in some systematic order.

A. Stratified sampling

B. Cluster sampling

C. Systematic sampling

D. None of these

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12.
Median - Mode = 2 (Mean - . . . . . . . . )

A. Mean

B. Median

C. Mode

D. None of these

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13.
Consider the following statements.
Assertion (A): If regression coefficient of X on Y is greater than one, regression coefficient of Y on X must be less than one.
Reason (R): The geometric mean between two regression coefficientsis the co-efficient of correlation.
On the basis of the above, choose the appropriate answer:

A. (A) and (R) are correct

B. (A) is correct, but (R) is not correct

C. (A) is not correct, but (R) is correct

D. Both (A) and (R) are not correct

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14.
The conclusion of the law of inertia of large numbers

A. small numbers are more stable than large numbers

B. large numbers are more stable than small numbers

C. All the above

D. None of the above

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15.
Which of the following are the graphical representation of data?

A. Histogram

B. Pictogram

C. Frequency polygon

D. Both A and C

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16.
Any measure indicating the centre of a set of data, arranged in an increasing or decreasing order of magnitude, is called a measure of

A. Skewness

B. Symmetry

C. Central tendency

D. Dispersion

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17.
A coin is biased so that its chances of landing Head is 21.3. If the coin is flipped 3 times, the probability that the first 2 flips are heads and the 3^rd flip is a tail is:

A. 4/27

B. 8/27

C. 4/9

D. 2/9

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18.
When large weights have to be given to small items and small weights to large items the most appropriate mean for its measurement is?

A. Arithmetic mean

B. Median

C. Mode

D. Geometric mean

E. Harmonic mean

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19.
The frequencies in the cumulative frequency distribution are placed

A. Cumulatively

B. Systematically

C. In ascending order

D. In descending order

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20.
The sum total of the values of two variables 'X' and 'Y' is equal for all the observations. The value of the coefficient of correlation between 'X' and 'Y' is:

A. +1 (perfectly positive)

B. -1 (perfectly negative)

C. Zero (No correlation)

D. > 0 < 1 (Imperfect correlation)

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Business Statistics and Research Methods MCQ Questions and Solutions with Explanations | Commerce

11. . . . . . . . . technique is employed when the complete and up to date list of the sampling units is available in some systematic order.

Answer & Solution

12. Median - Mode = 2 (Mean - . . . . . . . . )

Answer & Solution

Answer & Solution

14. The conclusion of the law of inertia of large numbers

Answer & Solution

15. Which of the following are the graphical representation of data?

Answer & Solution

16. Any measure indicating the centre of a set of data, arranged in an increasing or decreasing order of magnitude, is called a measure of

Answer & Solution

17. A coin is biased so that its chances of landing Head is 21.3. If the coin is flipped 3 times, the probability that the first 2 flips are heads and the 3rd flip is a tail is:

Answer & Solution

18. When large weights have to be given to small items and small weights to large items the most appropriate mean for its measurement is?

Answer & Solution

19. The frequencies in the cumulative frequency distribution are placed

Answer & Solution

20. The sum total of the values of two variables 'X' and 'Y' is equal for all the observations. The value of the coefficient of correlation between 'X' and 'Y' is:

Answer & Solution

Read More Section(Business Statistics and Research Methods)

11.
. . . . . . . . technique is employed when the complete and up to date list of the sampling units is available in some systematic order.

12.
Median - Mode = 2 (Mean - . . . . . . . . )

14.
The conclusion of the law of inertia of large numbers

15.
Which of the following are the graphical representation of data?

16.
Any measure indicating the centre of a set of data, arranged in an increasing or decreasing order of magnitude, is called a measure of

17.
A coin is biased so that its chances of landing Head is 21.3. If the coin is flipped 3 times, the probability that the first 2 flips are heads and the 3^rd flip is a tail is:

18.
When large weights have to be given to small items and small weights to large items the most appropriate mean for its measurement is?

19.
The frequencies in the cumulative frequency distribution are placed

20.
The sum total of the values of two variables 'X' and 'Y' is equal for all the observations. The value of the coefficient of correlation between 'X' and 'Y' is: