Business Statistics

A. mean equation

B. correlation equation

C. regression equation

D. poisson distribution

A. The functional information can be assessed on the work design, the responsibility and the functional objectives basis

B. The functional information is used for assessing particular aspects of the business

C. The knowledge information creates an awareness of those aspects of business where the manager is forced to think, decide and act

D. All of the above

A. Data is communicated

B. Data has been assured

C. Data is collected

D. Integration phase confirmed

A. Laplace criterion

B. Hurwicz criterion

C. Wald's criterion

D. Bayesian criterion

A. Probability

B. Mode

C. Mean

D. Average

A. The ratio of change between the variables is constant

B. The ratio of change between the variables is constant and change in one variable is equal to the percentage change in other variable respectively

C. Change in variables are haphazard

D. Change in one variable is equal to the percentage change in another variable

A. Simple graphical method

B. Karl Pearson's coefficient

C. Least square method

D. All of the above

A. Normal distribution is a continuous probability distribution

B. Range of normal distribution is from $$ - \infty $$ to $$ + \infty $$

C. Normal distribution is perfectly symmet rical

D. All of the above

A. Parent population is normal in nature

B. Sample is not random in nature

C. Population standard deviation is given

D. Both the population have same variance

A. economic

B. mechanical

C. technical

D. operational