Classical

Business Statistics and Data Processing - Business Statistics Questions

1:  
Distribution which are not obtained by actual observation but are deduced mathematically under certain definite hypothesis or assumptions are called
A.

correlation analysis

B.

theoretical frequency distribution

C.

regression analysis

D.

mean and average

 
 

Option: B

Explanation :


2:  
Statements:
(i) Non-sampling errors can occur in any survey, whether it be a complete enumeration or sampling.
(ii) Sampling errors are present both in a census as well as a sample survey.
A.

Both are correct

B.

Both are wrong

C.

(i) correct, (ii) wrong

D.

(i) wrong, (ii) correct.

 
 

Option: C

Explanation :


3:  
The following methods is (Care) used in Transportation Models of Operations Research
A.

Vogel's Approximation Method

B.

North West Corner Method 

C.

Least cost Method

D.

All of the above

 
 

Option: D

Explanation :


4:  
Among the following methods, which is not the non-probability sampling method
A.

Convenient sampling

B.

Quota sampling

C.

Judgement sampling

D.

Systematic sampling

 
 

Option: D

Explanation :


5:  
Linear programming models solve problems dealing with
A.

relatives and absolutes

B.

routes and mixes

C.

dispersions and similarities

D.

rupees and percentages

 
 

Option: B

Explanation :




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