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

A. the margin of error permissible in the estimate

B. the confidence coefficient with, which we want the estimate to be within the margin of error

C. Both A and B

D. Neither A nor B

A. Explaining the nature of the data

B. Simplifying the data

C. Simplifying the comparison

D. Editing the data

A. Both (A) and (R) are true

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

C. Both (A) and (R) are false

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

A. A higher degree of freedom means more power to reject a false null hypothesis and find a significant result

B. Degrees of Freedom is an essential idea that appears in many contexts throughout statistics including hypothesis tests, probability distributions, and regression analysis

C. Degrees of Freedom indicate the number of independent values that can vary in an analysis without breaking any constraints

D. All of the above

A. Range

B. Mean deviation

C. Inter-quartile range

D. None of these

A. Median

B. Harmonic mean

C. Standard deviation

D. Coefficient of variation

A. A way of conducting research that is not grounded in theory

B. The choice between using gualitative or quanritative methods

C. The style in which you present your research findings, e.g., a graph

D. A framework for every stage of the collection and analysis of data

A. 0 to (-)1

B. 0 to (-)0

C. 0 to (-)0.05

D. 0 to 1

A. single value

B. average value

C. central value

D. All of these

A. metric data with one sample

B. non-metric data

C. non-metric data with independent variable

D. metric data with independent two samples