Business Statistics

A. 1, 4, 3 and 2

B. 1, 2, 3 and 4

C. 1, 4, 2, and 3

D. 1, 3, 4 and 2

A. Standard error

B. Correlation error

C. Probable error

D. Average error

A. H₀ : µ = 300

B. H_A : µ = 300

C. H₀ : µ > 300

D. H₀ : µ < 300

A. Bernoulli principle

B. Principle of validity

C. Principle of persistence of small numbers

D. Principle of optimization

A. the effect of correlation is to reduce the range of uncertainty of our prediction

B. between two series or groups of data there exists some causational connections

C. the whole subject of correlation refers to inter-relation between separate character by which they tend, in some degree atleast, to move together

D. All of the above

A. Diagnostic function

B. Application logic

C. Command language

D. All of the above

A. Sample space refers to the collection of all favourable outcomes of an experiment

B. Collectively exhaustive events are those whose union is sample space

C. All the outcomes of an experiment are known as sample space

D. Two events are said to be independent if the happening of one does not affect the probability of happening of the other

A. Laspeyres test

B. Fisher's test

C. Paasche's test

D. Keely's test

A. Graphical representation

B. Relational identity

C. Data analysis

D. All of the above

A. Computing $${\chi ^2}$$

B. Computing regression analysis

C. Computing correlation

D. Computing average