Fundamentals of Business Mathematics And Statistics MCQ - Fundamentals of Business Mathematics And Statistics Section 1

1 The maximum value of the correlation is

A
2
B
1.5
C
1
D
0

View Explanation
Comment

Correct AnswerOption C

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

2 Match the Following.

List-I	List-II
(i) Probable error	(a) √ bxybyx
(ii) Standard error	(b) 1 - r3 / √N
(iii) Correlation	(c) 2 / 3 (1 - r3 / √N)

A
i - c, ii - b, iii - a
B
i - a,ii - b,iii - b
C
i - b, ii - c, iii - a
D
i - b,ii - a,iii - a

View Explanation
Comment

Correct AnswerOption A

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

3 Spearman's method is the method of calculating the coefficient of correlation by

A
Irvin Fischer
B
Charles Spearman
C
Lorenz
D
Karl Pearson

View Explanation
Comment

Correct AnswerOption B

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

4 Graph of variables having a linear relation will be

A
Curved
B
Hyperbola
C
Straight line
D
None of the above

View Explanation
Comment

Correct AnswerOption C

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Found this useful?

Follow:

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

5 The files required to maintain general ledger records include

A
Inventory file
B
Detail posting file
C
Charts of accounts file
D
None of these

View Explanation
Comment

Correct AnswerOption B

Rate difficulty Rate difficulty:

Easy Medium Hard

Choose a difficulty.

Cancel reply

Your email address will not be published. Required fields are marked *

Report

Name

Save my name and email in this browser for the next time I comment.

Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name

Save my name and email in this browser for the next time I comment.

First Previous 1 2 3 4 5 Next Last