Classical

Business Statistics and Data Processing - Business Statistics Questions

11:  

Student's t-test was developed by

A.

Karl Pearson's

B.

Gosset

C.

Fisher

D.

Laplace

 
 

Option: B

Explanation :


12:  

Correlation implies that

A.
The effect of correlation is to reduce the range of uncertainty of our production.
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 at least, to move together.
D.

All of the above

 
 

Option: D

Explanation :


13:  
Data collected from published books are called
A.

Primary data

B.

Secondary data

C.

Tertiary data

D.

None of the above

 
 

Option: B

Explanation :


14:  
Which of the following is a type of statistical hypothesis?
A.

Null hypothesis

B.

Alternative hypothesis

C.

Both (A) and (B)

D.

None of the above

 
 

Option: C

Explanation :


15:  
A Hypothesis that asserts that there is no true difference, in the sample and the population in the particular matter under study is termed as
A.

Null Hypothesis

B.

True Hypothesis

C.

Alternative hypothesis

D.

Rejected hypothesis

 
 

Option: A

Explanation :




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