Business Statistics and Data Processing - Business Statistics MCQ

41:  

How much should an organisation spend for information can be determined by some type of a 

A.

cost analysis

B.

benefit analysis

C.

cost-benefit  analysis

D.

any of the above

 
 

Option: C

Explanation :

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42:  

Relation between two variables is determined by

A.

Regression

B.

Mean

C.

Correlation

D.

Dispersion

 
 

Option: C

Explanation :

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43:  

In case, coefficient of correlation is positive, the curve representing the relation will be

A.

Upward sloping

B.

Downward sloping

C.

Vertical

D.

Horizontal

 
 

Option: A

Explanation :

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44:  

In which files, the records organised in such a way that it is possible for the computer to directly locate the key of the desired record without having to search through a sequence of other records?

A.

Direct Files

B.

Sequential files

C.

Both (A) & (B)

D.

None of these

 
 

Option: A

Explanation :

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45:  

Data collection terminals 

A.
track the flow of materials from one production area to another
B.

record employee attendance

C.

All of these

D.

None of these

 
 

Option: C

Explanation :

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