11. Which of the following steps would be included in hypothesis testing?
1. State the null and alternative hypothesis.
2. Set the significance level before the research study.
3. Eliminate all outliers.
4. Obtain the probability value using a computer program such as SPSS.
5. Compare the probability value to the significance level and make the statistical decision.
1. State the null and alternative hypothesis.
2. Set the significance level before the research study.
3. Eliminate all outliers.
4. Obtain the probability value using a computer program such as SPSS.
5. Compare the probability value to the significance level and make the statistical decision.
12. Which one of the following is not the correct property of normal distribution?
13. While calculating which mean the next year's value is included but the previous value is not omitted?
14. Probable error is-
15. Which of the following can be reduced by proper interviewer training?
16. The price index that uses base year quantities as weights is called
17. E(x + y) = ?
18. Which one of the following index number is based on geometric mean?
19. All the properties of order, interval and zero origin are simultaneously possessed by:
20. Arrange the following steps in sequence in constructing histogram.
1. Convert frequency table into equal class interval.
2. Check that class intervals are shown on X-axis and frequencies on the Y-axis.
3. Check that height of the rectangle is proportional to the respective frequency of grouped data.
4. Check that width of the rectangle represent the class interval.
5. Each rectangle is then joined.
Select the correct answer using the options given below
1. Convert frequency table into equal class interval.
2. Check that class intervals are shown on X-axis and frequencies on the Y-axis.
3. Check that height of the rectangle is proportional to the respective frequency of grouped data.
4. Check that width of the rectangle represent the class interval.
5. Each rectangle is then joined.
Select the correct answer using the options given below
Read More Section(Business Statistics and Research Methods)
Each Section contains maximum 100 MCQs question on Business Statistics and Research Methods. To get more questions visit other sections.
- Business Statistics and Research Methods - Section 1
- Business Statistics and Research Methods - Section 2
- Business Statistics and Research Methods - Section 3
- Business Statistics and Research Methods - Section 4
- Business Statistics and Research Methods - Section 5
- Business Statistics and Research Methods - Section 6
- Business Statistics and Research Methods - Section 7
- Business Statistics and Research Methods - Section 8
- Business Statistics and Research Methods - Section 9
- Business Statistics and Research Methods - Section 10
- Business Statistics and Research Methods - Section 11