The device used to estimating the value of one variable from the value of the other consists of a line through the points, drawn in such a manner as to represent the average relationship between the two variables, such a line is called the
| A. | Mode |
| B. | Average |
| C. | Regression |
| D. | Correlation |
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Option: C Explanation : Click on Discuss to view users comments. |
The value of Karl Pearson's co-efficient of correlation may be
| A. | ±1 |
| B. | ±3 |
| C. | ±2 |
| D. | ±4 |
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Option: A Explanation : Click on Discuss to view users comments. |
Benefits of Integrated Data Processing are
| A. | The use of the same co-ordinated data ensures accuracy. |
| B. | It assists in laying down necessary control mechanism in as much as each level of management becomes aware of the information flowing to the other levels. |
| C. | In an integrated data processing system, data is properly analysed and shifted, unnecessary items are weeded out, and data are to flow with speed. |
| D. | All of the above. |
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Option: D Explanation : Click on Discuss to view users comments. |
If the decision processes are centralised at a higher level and the ___________ and authorities is not proper, then the information technology choice will weigh heavily in favour of the distributed data acquisition systems and the centralised high and information processing systems for decision support.
| A. | Management process |
| B. | Delegation of responsibility |
| C. | Co-ordination |
| D. | Business operations |
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Option: B Explanation : Click on Discuss to view users comments. |
Which of the following statement is/are correct?
| A. | The functional information can be assessed on the work design, the responsibility and the functional objectives basis |
| B. | The functional information is used for assessing particular aspects of the business |
| C. | The knowledge information creates an awareness of those aspects of business where the manager is forced to think, decide and act |
| D. | All of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
