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

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71.
It is suitable to use Binomial Distribution only for:

A. Large values of 'n'

B. Fractional values of 'n'

C. Small values of 'n'

D. Any value of 'n'

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72.
The probability that at least one of the events M and N occur is 0.6. If M and N have probability of occurring together as 0.2, then P(M) + P(N) is:

A. 0.4

B. 1.2

C. 0.8

D. Indeterminate

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73.
Which of the following is not applicable in the series of non-probability sampling method?

A. Simple Random Sampling

B. Stratified Random Sampling

C. Systematic Sampling

D. Cluster Sampling

E. Quota Sampling

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74.
What does the term 'longitudinal design' mean?

A. A study completed far away from where the researcher lives

B. A study which is very long to read

C. A study with two contrasting cases

D. A study completed over a distinct period of time to map changes in social phenomena

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75.
Time series is related to:

A. Seasonal variation or inflection

B. Cyclic variation or inflection

C. By long term trend

D. All of these

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76.
Which one of the following is not probability sampling method?

A. Simple Random Sampling

B. Cluster Sampling

C. Judgemental Sampling

D. Systematic Sampling

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77.
Which of the following is the most common example of a situation for which the main parameter of interest is a population proportion?

A. A binomial experiment

B. A normal experiment

C. A randomized experiment

D. An observational study

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78.
Classification of respondents only on the basis of gender is an application of:

A. Ordinal scale

B. Nominal scale

C. Interval scale

D. Ratio scale

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79.
Theoretically the best average in the construction of index number is:

A. median

B. geometric mean

C. mode

D. arithmetic mean

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80.
If the calculated value is equal or . . . . . . . . than the table value, the null hypothesis to be accepted but, if the calculated value is . . . . . . . . than the table value, the hypothesisis rejected.

A. less, greater

B. greater, less

C. less, equal

D. None of the above

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

71. It is suitable to use Binomial Distribution only for:

Answer & Solution

72. The probability that at least one of the events M and N occur is 0.6. If M and N have probability of occurring together as 0.2, then P(M) + P(N) is:

Answer & Solution

73. Which of the following is not applicable in the series of non-probability sampling method?

Answer & Solution

74. What does the term 'longitudinal design' mean?

Answer & Solution

75. Time series is related to:

Answer & Solution

76. Which one of the following is not probability sampling method?

Answer & Solution

77. Which of the following is the most common example of a situation for which the main parameter of interest is a population proportion?

Answer & Solution

78. Classification of respondents only on the basis of gender is an application of:

Answer & Solution

79. Theoretically the best average in the construction of index number is:

Answer & Solution

80. If the calculated value is equal or . . . . . . . . than the table value, the null hypothesis to be accepted but, if the calculated value is . . . . . . . . than the table value, the hypothesisis rejected.

Answer & Solution

Read More Section(Business Statistics and Research Methods)

71.
It is suitable to use Binomial Distribution only for:

72.
The probability that at least one of the events M and N occur is 0.6. If M and N have probability of occurring together as 0.2, then P(M) + P(N) is:

73.
Which of the following is not applicable in the series of non-probability sampling method?

74.
What does the term 'longitudinal design' mean?

75.
Time series is related to:

76.
Which one of the following is not probability sampling method?

77.
Which of the following is the most common example of a situation for which the main parameter of interest is a population proportion?

78.
Classification of respondents only on the basis of gender is an application of:

79.
Theoretically the best average in the construction of index number is:

80.
If the calculated value is equal or . . . . . . . . than the table value, the null hypothesis to be accepted but, if the calculated value is . . . . . . . . than the table value, the hypothesisis rejected.