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

41.
Match the following.

List-I List-II

a. Range 1. Summing up the consecutive frequencies

b. Width of the interval 2. Range/Number of classes

c. Open ended class 3. Highest value-lowest value in data

d. Cumulative frequency 4. No lower limit of first group or no upper limit of the last group

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

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

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

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

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42.
In case of unequal term values-

A. $$\overline X < G.M. < H.M.$$

B. $$\overline X > G.M. > H.M.$$

C. $$\overline X = G.M. = H.M.$$

D. None of these

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43.
A histogram is constructed from a frequency distribution and is

A. uni-dimensional

B. two dimensional

C. three dimensional

D. None of these

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44.
Who said, "Statistics is the science of estimates and probabilities."

A. Bowley

B. Boddington

C. Prof. King

D. P. H. Carmel

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45.
Harmonic mean is calculated by dividing the number of observations by the reciprocal of each number in the series. Thus, the harmonic mean is:

A. the reciprocal of the arithmetic mean of the reciprocals

B. the reciprocal of the geometric mean of the reciprocals

C. the reciprocal of the mode of the reciprocals

D. the reciprocal of the median of the reciprocals

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46.
Regression analysis measures:

A. The magnitude of the covariance between the X and Y series

B. Variance of Y series

C. Variance of X series

D. Functional relationship between X and Y variable

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47.
Match the following.

List-I List-II

a. Diagrammatic representation 1. Geographical, chronological, qualitative, quantitative

b. Graphic representation 2. Ungrouped, grouped

c. Frequency distribution 3. Bar diagram, pie chart, pictogram

d. Classification of data 4. Histogram, frequency polygon, ogive

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

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

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

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

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48.
Which of the following is correct?
1. Large sample, n > 30
2. Small sample, n < 20
3. Probability of type I error (α) is also called significance level of least.
4. Accepting the null hypothesis, when it is false is called type II error.
Select the correct answer using the options given below

A. 1, 2 and 3

B. 2, 3 and 4

C. 1, 3 and 4

D. All of the above

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49.
Which of the following are the positional averages?
1. Mean
2. Median
3. Mode

A. Both 1 and 2

B. Both 2 and 3

C. Both 1 and 3

D. 1, 2 and 3

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50.
Which of the following is correct?

A. $$Z = 3M - 2\overline X $$

B. $$M = 3Z - 2\overline X $$

C. $$\overline X = 3Z - 2M$$

D. $$M = \overline X - 3Z$$

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1 2 3 4 5 6 7 8 9 10

List-I	List-II
a. Range	1. Summing up the consecutive frequencies
b. Width of the interval	2. Range/Number of classes
c. Open ended class	3. Highest value-lowest value in data
d. Cumulative frequency	4. No lower limit of first group or no upper limit of the last group

List-I	List-II
a. Diagrammatic representation	1. Geographical, chronological, qualitative, quantitative
b. Graphic representation	2. Ungrouped, grouped
c. Frequency distribution	3. Bar diagram, pie chart, pictogram
d. Classification of data	4. Histogram, frequency polygon, ogive

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

41. Match the following. List-I List-II a. Range 1. Summing up the consecutive frequencies b. Width of the interval 2. Range/Number of classes c. Open ended class 3. Highest value-lowest value in data d. Cumulative frequency 4. No lower limit of first group or no upper limit of the last group

Answer & Solution

42. In case of unequal term values-

Answer & Solution

43. A histogram is constructed from a frequency distribution and is

Answer & Solution

44. Who said, "Statistics is the science of estimates and probabilities."

Answer & Solution

45. Harmonic mean is calculated by dividing the number of observations by the reciprocal of each number in the series. Thus, the harmonic mean is:

Answer & Solution

46. Regression analysis measures:

Answer & Solution

Answer & Solution

48. Which of the following is correct? 1. Large sample, n > 30 2. Small sample, n < 20 3. Probability of type I error (α) is also called significance level of least. 4. Accepting the null hypothesis, when it is false is called type II error. Select the correct answer using the options given below

Answer & Solution

49. Which of the following are the positional averages? 1. Mean 2. Median 3. Mode

Answer & Solution

50. Which of the following is correct?

Answer & Solution

Read More Section(Business Statistics and Research Methods)

41.
Match the following.

List-I List-II

a. Range 1. Summing up the consecutive frequencies

b. Width of the interval 2. Range/Number of classes

c. Open ended class 3. Highest value-lowest value in data

d. Cumulative frequency 4. No lower limit of first group or no upper limit of the last group

42.
In case of unequal term values-

43.
A histogram is constructed from a frequency distribution and is

44.
Who said, "Statistics is the science of estimates and probabilities."

45.
Harmonic mean is calculated by dividing the number of observations by the reciprocal of each number in the series. Thus, the harmonic mean is:

46.
Regression analysis measures:

48.
Which of the following is correct?
1. Large sample, n > 30
2. Small sample, n < 20
3. Probability of type I error (α) is also called significance level of least.
4. Accepting the null hypothesis, when it is false is called type II error.
Select the correct answer using the options given below

49.
Which of the following are the positional averages?
1. Mean
2. Median
3. Mode

50.
Which of the following is correct?