Classical

Business Statistics and Data Processing - Business Statistics MCQ

31:  

The integration of the computer with manufacturing is called

A.

CAM

B.

CAD

C.

Computer Integrated Manufacturing

D.

All of the above

 
 

Option: C

Explanation :


32:  
Age of applicants of life insurance and the premium of insurance is
A.

Negatively correlated

B.

Positively correlated

C.

Zero Correlation

D.

None of the above

 
 

Option: B

Explanation :


33:  
Karl Pearson's coefficient of correlation is based on the assumption by
A.

Normality

B.

Platykurtic

C.

Leptokurtic

D.

None of the above

 
 

Option: A

Explanation :


34:  

In case of simple correlation, the number of variables involved are

A.

1

B.

2

C.

3

D.

4

 
 

Option: B

Explanation :


35:  

As the value of x increases, if value of y decreases, then coefficient of correlation will be

A.

Positive

B.

Negative

C.

Zero

D.

None of the above

 
 

Option: B

Explanation :




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