Business Statistics and Data Processing - Business Statistics Multiple Choice Questions

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1:  

Which of the following is a relative measure of dispersion?

A.	Standard deviation
B.	Variance
C.	Co-efficient of variation
D.	None of the above
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

2:  

Chunk sampling is known as

A.	Quota sampling
B.	Convenience sampling
C.	Judgement sampling
D.	Cluster sampling
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	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

3:  

"Parameter" refers to the characteristic of the

A.	Population
B.	Universe
C.	Both
D.	None of these
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

4:  

Co-variance between two variables is

A.	The average of the product of deviations taken from their averages.
B.	A is further divided by the product of their standard deviations.
C.	A is further divided by the product of their arithmetic average
D.	None of the above
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	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

5:  

Which of the following software has applications in both Mathematics and statistics.

A.	SPSS
B.	SAS
C.	R
D.	None of the above
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	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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