Business Statistics and Data Processing - Business Statistics Multiple Choice Questions

21:  

The causal relationship is indicated by

A.

Correlation

B.

Regression

C.

Association

D.

None of the above

 
 

Option: B

Explanation :

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22:  
If a sample is taken at random from a population, it is likely to possess almost the same characteristics as that of the population. Which one of the following laws states the above theme?
A.

Law of Inertia of Large numbers

B.

Law of Statistical Regularity

C.

Law of Persistence of small numbers

D.

Law of optimisation

 
 

Option: D

Explanation :

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23:  

HTTP stands for?

A.

Hyper test transfer procedure

B.

High text transfer procedure

C.

Hyper text transfer protocol

D.

None of the above

 
 

Option: C

Explanation :

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24:  
Given
X          Y
 5        37
 7        31
10       20
15      15
20      10
28       5
The above series is an example of
A.

Positive correlation

B.

Negative correlation

C.

Linear correlation

D.

Non-Linear correlation

 
 

Option: B

Explanation :

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25:  
The regression analysis for studying only two variable at a time is called
A.

Simple Regression

B.

Multiple Regression

C.

Zero Regression

D.

None of these

 
 

Option: A

Explanation :

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