Business Statistics and Data Processing - Business Statistics MCQ

1:

Maximum value of correlation is

 A. 2 B. 1.5 C. 1 D. 0 Answer Report Discuss Option: C Explanation : Click on Discuss to view users comments. bukola said: (4:35am on Thursday 7th June 2018) what is correlation Write your comments here:
2:

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 Answer Report Discuss Option: A Explanation : Click on Discuss to view users comments. bukola said: (4:36am on Thursday 7th June 2018) what is probable error , standard error and correlation Write your comments here:
3:
Spearman's method is the method of calculating coefficient of correlation by
 A. Irvin Fischer B. Charles Spearman C. Lorenz D. Karl Pearson Answer Report Discuss Option: B Explanation : Click on Discuss to view users comments. Write your comments here:
4:
Graph of variables having linear relation will be
 A. Curved B. Hyperbola C. Straight line D. None of the above Answer Report Discuss Option: C Explanation : Click on Discuss to view users comments. Write your comments here:
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 Answer Report Discuss Option: B Explanation : Click on Discuss to view users comments. Write your comments here:

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