Statistics and methodology - Statistics and Methodology Questions Answer

61:

Decision making using MIS is

A.	Sequential in nature
B.	Exceedingly complex due to risks and trade offs
C.	Influenced by personal values
D.	All of the above
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

62:

ERP Model is/are

A.	Production planning and control
B.	Planning and control
C.	Business forecasting
D.	All of the above
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

63:

Given

P(A) = m/(m + n)

This formula may be used in

A.	Hypothesis
B.	Regression analysis
C.	Probability theory
D.	Correlation analysis
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

64:

The _________ that one of the several mutually exclusive events X₁, X₂....X_n shall happen is the sum of the probabilities of the individual events.

A.	Correlation analysis
B.	Probability
C.	Regression analysis
D.	Error
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

65:

The options approved after the technical evaluation are tested on the

A.	Financial consideration
B.	Operational feasibility
C.	Technical evaluation
D.	Management process
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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