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

A. The median is the least representative average

B. All averaging techniques will produce equally acceptable results

C. The mean will tend to overstate the average

D. The mode will tend to overstate the average

A. $$r = 0$$

B. $$r = \frac{1}{2}$$

C. $$r = - \frac{1}{2}$$

D. $$r = \pm 1$$

A. The Central Limit Theorem

B. The Law of Statistical Regularity

C. The Law of Inertia of Large Numbers

D. None of the above

A. $$1 - \frac{{{S_y}}}{{{\sigma _y}}}$$

B. $$\sqrt {1 - \frac{{{S^2}y}}{{{\sigma ^2}y}}} $$

C. $$\sqrt {1 - \frac{{{\sigma ^2}y}}{{{S^2}y}}} $$

D. $$\frac{{{S^2}y}}{{{\sigma ^2}y}}$$

A. 23.40

B. 25.46

C. 40.40

D. 38.53

A. $$\frac{1}{2}$$

B. $$\frac{1}{3}$$

C. $$\frac{1}{4}$$

D. $$\frac{1}{5}$$

A. Access deviant or hidden populations

B. Theorise inductively in a qualitative study

C. Overcome the problem of not having an accessible sampling frame

D. All of the above

A. 34.13%, 47.72%, 49.87%

B. 60%, 70%, 90%

C. 62.27%, 95.45%, 99.73%

D. None of the above

A. 0.12

B. 1.2

C. 12

D. 2.5

A. 1 and 2

B. 4 and 5

C. 2 and 4

D. 3 and 5