Business Statistics MCQ
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Business Statistics MCQ
161. The component of time series useful for long term forecasting is
162. If the growth rate is constant, the trend is –
163. The trend line Y=a+bX obtained by the least Squares method is known as the line of
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164. . The average salary of a group of unskilled workers is 10,000 and for a group of skilled workers is 15,000. Combines salary is 12,000. What is the percent of skilled workers?
165. The averages are affected by change of:
166. When the values in a series are not of equal importance, we calculate the:
167. A data set may have no mode, one mode, or multiple modes.
168. Which partition value divides the series into two equal parts.
169. A furniture retail chain operates several stores across the country. A table is to be constructed to showing the number of employees in each region, organized into groups. Which of the following sets of categories would NOT be suitable for use in such a table?
170. The cumulative frequency for a particular class is equal to 35. The cumulative frequency for the next class will be .
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