Business Statistics and Data Processing - Business Statistics MCQ

21:  

In the field of management some of the important techniques, relate to budgeting, cost accounting, planning and control are through 

A.

Operational Research

B.

PERT and CPM

C.

Budgetary control

D.

Financial Administration

 
 

Option: B

Explanation :

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22:  

Dependent variable is represented along

A.

x-axis

B.

y-axis

C.

z-axis

D.

None of the above

 
 

Option: B

Explanation :

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23:  

A series of actions or operations that convert inputs into outputs is known as

A.

information

B.

data

C.

processing

D.

facts

 
 

Option: C

Explanation :

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24:  
Which is the most widely used method of calculating correlation?
A.

Scatter diagram

B.

Karl Pearson's

C.

Charles Spearman's

D.

None of the above

 
 

Option: B

Explanation :

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25:  

Correlation between price and supply is

A.

Negative

B.

Positive

C.

Zero

D.

None of the above

 
 

Option: B

Explanation :

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