Business Statistics and Data Processing - Business Statistics MCQ

1:  

Maximum value of correlation is

A.

2

B.

1.5

C.

1

D.

0

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

bukola said: (4:35am on Thursday 7th June 2018)
what is correlation

Write your comments here:



2:  

List-I                               List-II

(i) Probable error     (a) √ bxybyx

(ii) Standard error    (b) 1 - r3 / √N

(iii) Correlation         (c)  2 / 3 (1 - r3 / √N)

A.

i - c, ii - b, iii - a

B.

i-a,ii-b,iii-b

C.

i - b, ii - c, iii-a

D.

i-b,ii-a,iii-a

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

bukola said: (4:36am on Thursday 7th June 2018)
what is probable error , standard error and correlation

Write your comments here:



3:  
Spearman's method is the method of calculating coefficient of correlation by
A.

Irvin Fischer

B.

Charles Spearman

C.

Lorenz

D.

Karl Pearson

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here:



4:  
Graph of variables having linear relation will be
A.

Curved

B.

Hyperbola

C.

Straight line

D.

None of the above

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



5:  
The files required to maintain general ledger records include
A.

Inventory file

B.

Detail posting file

C.

Charts of accounts file

D.

None of these

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here:




  • Business Statistics questions can be used for the preparation of quizzes by any commerce student.
  • Business statistics objective type questions answers can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
  • This section contains Business statistics  Questions Answers.
  • This section can also be downloaded as business statistics online study material pdf.
  • Business statistics questions answers can be used in the preparation of ugc net exams.
  • This section can also be used by statistics students for improving their knowledge in Business ststistics.
  • These mcq can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Business statistics.