Classical

Business Statistics and Data Processing - Business Statistics Objective Type Questions

41:  

If correlation is not perfect, it is known as

A.

Perfect correlation

B.

Limited correlation

C.

Linear correlation

D.

Non-Linear correlation

 
 

Option: B

Explanation :


42:  
For 3 x 2 contingency table, the degree of freedom for testing the hypothesis is
A.

6

B.

2

C.

3

D.

4

 
 

Option: A

Explanation :


43:  

Schedules help us in Collecting

A.

Secondary Data

B.

Qualitative Data

C.

Primary Data

D.

None of the above

 
 

Option: C

Explanation :


44:  
Positive Error may be (If A = Real value, E = Estimate value)
A.

A /E

B.

E / A

C.

A < E

D.

E > A

 
 

Option: D

Explanation :


45:  
The statistical data in the original form before any statistical technique are used to refine, process or summarise is called
A.

Finished good

B.

Secondary Data

C.

Raw or Primary Data

D.

Data

 
 

Option: C

Explanation :




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