Classical

Business Statistics and Data Processing - Business Statistics Questions

41:  
A model in which one physical property is used to represent another physical property is known as
A.

analog model

B.

deterministic model

C.

decision theory model

D.

ionic model

 
 

Option: A

Explanation :


42:  
The device through which the functional relationship is studied and forecasting is made is called
A.

Correlation

B.

Regression

C.

Time Series

D.

None of the above

 
 

Option: B

Explanation :


43:  
Assertion (A). Chi-square test is used to measure the Association between two attributes.
Reason (R). We apply Non-parametric tests like chi-square test from data measured on week scale like nominal scale or ordinal scale.
A.

(A) is true but (R) is wrong.

B.

(A) is wrong but (R) is true.

C.

Both (A) and (R) are wrong.

D.

Both (A) and (R) are true

 
 

Option: D

Explanation :


44:  
Match List-I with List-II and select the correct answer using the codes given below the lists:
      List-I                                           List-II
a. t-test                                         I. Secondary data
b. Regression test                   II. Systematic Sampling
c. Published  Sources            Ill. Hypothesis test
d. Probability sampling          IV. Quota sampling
                                                     V. Multi-variable analysis
A.

a   b   c    d

III   V    I    II

B.

a   b   c    d

III   I   IV    II

C.

a   b   c    d

III  IV    I    II

D.

a   b   c    d

IV   I    III    II

 
 

Option: A

Explanation :


45:  

Benefits from a computerised MIS include

A.

higher returns on short-term investment

B.
less frequent and smaller short-term loans
C.

lower rates of interest

D.

All of the above

 
 

Option: D

Explanation :




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