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

61.
The advent of computers in research has led to:

A. limitations of options in analysis

B. tremendous amount of flexibility with marginal increase in cost

C. myopic exposure of statistics to the researcher

D. none of the above

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62.
The sum of squared deviations is minimum when taken from

A. mean

B. median

C. mode

D. none of these

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63.
Statistical Errors means:

A. Mistakes made during data collection

B. Mistakes made during calculations

C. Difference between actual value and estimated value

D. Difference between old data and new data

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64.
Compute the coefficient of range from the following data 91, 54, 44, 56, 71, 25, 09, 27, 72, 62.

A. 0.79

B. 0.82

C. 0.85

D. 0.76

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65.
The moments about mean are called:

A. Raw moments

B. Central moments

C. Moments about origin

D. All of the above

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66.
Both the regression coefficients cannot be

A. less than one

B. greater than one

C. equal to one

D. none of these

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67.
The mean of the frequency distribution of the economics marks of 100 students is 20. It was later found that the number 23 was misread as 25. What will be the correct mean?

A. 1.998

B. 1998

C. 19.98

D. 1999.8

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68.
Consider the following statements.
Assertion (A): The expected values should be at least 5 to apply the chi-square test.
Reason (R): The chi-square distribution provides an adequate approximation of the sampling distribution.
Indicate the correct answer from the following:

A. Both (A) and (R) are true, and (R) is the right explanation

B. Both (A) and (R) are true, but (R) is not the correct explanation

C. (A) is true, but (R) is false

D. (A) is false, but (R) is true

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69.
Hostorically the first index was constructed in . . . . . . . .

A. 1764

B. 1844

C. 1850

D. 1744

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70.
Which of the following are true for report writing under statistics?
1. A description explanation or development of the methodology tube used.
2. Analysis should be full scale analysis.
3. In the subsection containing the actual analysis it is important that you describe your analysis sufficiently clearly.

A. Both 1 and 2

B. Both 2 and 3

C. Both 1 and 3

D. All of these

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

61. The advent of computers in research has led to:

Answer & Solution

62. The sum of squared deviations is minimum when taken from

Answer & Solution

63. Statistical Errors means:

Answer & Solution

64. Compute the coefficient of range from the following data 91, 54, 44, 56, 71, 25, 09, 27, 72, 62.

Answer & Solution

65. The moments about mean are called:

Answer & Solution

66. Both the regression coefficients cannot be

Answer & Solution

67. The mean of the frequency distribution of the economics marks of 100 students is 20. It was later found that the number 23 was misread as 25. What will be the correct mean?

Answer & Solution

68. Consider the following statements. Assertion (A): The expected values should be at least 5 to apply the chi-square test. Reason (R): The chi-square distribution provides an adequate approximation of the sampling distribution. Indicate the correct answer from the following:

Answer & Solution

69. Hostorically the first index was constructed in . . . . . . . .

Answer & Solution

Answer & Solution

Read More Section(Business Statistics and Research Methods)

61.
The advent of computers in research has led to:

62.
The sum of squared deviations is minimum when taken from

63.
Statistical Errors means:

64.
Compute the coefficient of range from the following data 91, 54, 44, 56, 71, 25, 09, 27, 72, 62.

65.
The moments about mean are called:

66.
Both the regression coefficients cannot be

67.
The mean of the frequency distribution of the economics marks of 100 students is 20. It was later found that the number 23 was misread as 25. What will be the correct mean?

68.
Consider the following statements.
Assertion (A): The expected values should be at least 5 to apply the chi-square test.
Reason (R): The chi-square distribution provides an adequate approximation of the sampling distribution.
Indicate the correct answer from the following:

69.
Hostorically the first index was constructed in . . . . . . . .