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

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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.
. . . . . . . . error arise due to chance difference between the members of population included in the sample and those not included.

A. Biased

B. Unbiased

C. Relative

D. Absolute

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12.
The relationship between two variables can be expressed in

A. Ratio

B. Percentage

C. Rate

D. All of the above

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13.
. . . . . . . . is a behavioural approach to assess risk using a number of possible return estimates to obtain a sense of the variability among outcomes.

A. Range analysis

B. Deviation analysis

C. Dispersion analysis

D. Probability analysis

E. Sensitivity analysis

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14.
The average height of 100 selected students is 168.8 cm and their coefficient of variation is 3.2%. What is the standard deviation of their height?

A. 514

B. 521

C. 524.61

D. 5.4016

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15.
. . . . . . . . state that other things being equal, as the sample size increases, the result tends to be more reliable and accurate.

A. Principle of statistical regularity

B. Law of inertia of large numbers

C. Principle of representativeness

D. None of the above

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16.
The number of times each score occurs is called . . . . . . . .

A. cumulation

B. frequency

C. range

D. None of these

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17.
There will be only one regression line in case of two variables if

A. r = 0

B. r = ± 1

C. r = 0.5

D. None of them

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18.
When the quantitative and qualitative data are arranged according to a single feature, the tabulation is known as:

A. One-way

B. Bivariate

C. Manifold-division

D. Dichotomy

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19.
If A and B are two independent events in a sample group, then P (A and B) is equal to

A. P(B/A)

B. P(A) + P(B)

C. P(A/B)

D. P(A) × P(B)

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20.
Statistical data are used for knowing about the progress in the

A. techniques of production

B. volume of production

C. imports and exports

D. All of these

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

11. . . . . . . . . error arise due to chance difference between the members of population included in the sample and those not included.

Answer & Solution

12. The relationship between two variables can be expressed in

Answer & Solution

13. . . . . . . . . is a behavioural approach to assess risk using a number of possible return estimates to obtain a sense of the variability among outcomes.

Answer & Solution

14. The average height of 100 selected students is 168.8 cm and their coefficient of variation is 3.2%. What is the standard deviation of their height?

Answer & Solution

15. . . . . . . . . state that other things being equal, as the sample size increases, the result tends to be more reliable and accurate.

Answer & Solution

16. The number of times each score occurs is called . . . . . . . .

Answer & Solution

17. There will be only one regression line in case of two variables if

Answer & Solution

18. When the quantitative and qualitative data are arranged according to a single feature, the tabulation is known as:

Answer & Solution

19. If A and B are two independent events in a sample group, then P (A and B) is equal to

Answer & Solution

20. Statistical data are used for knowing about the progress in the

Answer & Solution

Read More Section(Business Statistics and Research Methods)

11.
. . . . . . . . error arise due to chance difference between the members of population included in the sample and those not included.

12.
The relationship between two variables can be expressed in

13.
. . . . . . . . is a behavioural approach to assess risk using a number of possible return estimates to obtain a sense of the variability among outcomes.

14.
The average height of 100 selected students is 168.8 cm and their coefficient of variation is 3.2%. What is the standard deviation of their height?

15.
. . . . . . . . state that other things being equal, as the sample size increases, the result tends to be more reliable and accurate.

16.
The number of times each score occurs is called . . . . . . . .

17.
There will be only one regression line in case of two variables if

18.
When the quantitative and qualitative data are arranged according to a single feature, the tabulation is known as:

19.
If A and B are two independent events in a sample group, then P (A and B) is equal to

20.
Statistical data are used for knowing about the progress in the