( Best 225+ ) Business Statistics MCQ

Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 1. Index number for base year is always considered as------ A. 100 B. 101 C. 200 D. 201 Answer: - A. 100 2. Index number is a special type of ---------- A. Average B. dispersion C. correlation D. none of the above Answer: - A. Average 3. A period for which index number is determined is called as ------ A. current period B. base period C. . Normal period. D. None of the above Answer: - A. current period 4. Laspeyre's index 110, Paasche's index 108, then Fisher's Ideal index is equal to: A. 110 B. 108 C. 100 D. 109 Answer: - D. 109 5. Index number calculated by Fisher's formula is ideal because it satisfy: A. Circular test B. Factor reversal test D. All of the above Answer: - D. All of the above Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 6. In the regression equation Y 75.65 + 0.50X, the intercept is A. 75.65 B. 0.5 C. 1 D. intereminable Answer: - A. 75.65 7. The coefficient of determination must be A. between -1 and+1 B. between -1 and0 C. between 0 and 1 D. equal to SSE/(n-2) Answer: - A. between -1 and+1 8. In the regression equation Y a+bX, the Y is called: A. Independent variable B. Dependent variable C. Continuous variable D. None of the above Answer: - B. Dependent variable 9. How many type of data are there in Statistics A. 2 B. 3 C. 4 D. 5 Answer: - A. 2 10. is data that is collected by a researcher from first-hand sources A. Primary data B. Secondary data C. both D. none Answer: - A. Primary data Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 11. What are the method of collecting Primary Data A. Interview B. observation C. Questionnair D. All of the above Answer: - D. All of the above 12. A measure of is a single value that attempts to describe a set of data by identifying the central position within that set of A. Central Tendency B. Mean C. Median D. Mode Answer: - A. Central Tendency 13. Find the mean of 13,18,13,14,13,16,14,21,13 A. 123.444 B. 125.666 C. 154 D. 132 Answer: - A. 123.444 14. how many types of series are there A. 3 B. 2 C. 5 D. 4 Answer: - A. 3 15. Find the median of the set { 11,22,33,55,66,99 } A. 55 B. 44 C. 33 D. 22 Answer: - B. 44Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 16. Find the mode of the Set {1,3,3,6,9} A. 3 B. 6 C. 9 D. 1 Answer: - A. 3 17. Roger bowled 7 games last weekend. His scores are: 155, 165, 138, 172, 127, 193, 142. What is the range of Roger's scores? A. 77 B. 66 C. 155 D. 38 Answer: - B. 66 18. Find the mode of the set (8, 5, 7, 10, 15, 21, 5, 7, 2, 5) A. 15 B. 21 C. 7 D. 5 Answer: - D. 5 19. Find the median of the set of numbers: 100, 200, 450, 29, 1029, 300 and 2001. A. 300 B. 29 C. 7 D. 4080 Answer: - A. 300 20. The median of the data 13, 15, 16, 17, 19, 20 is: A. 30/2 B. 31/2 C. 33/2 D. 35/2 Answer: - C. 33/2Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 21. Find the mode of 8, 5, 7, 10, 15, 21, 5, 7, 2, 5 A. 5 B. 7 C. 2 D. 10 Answer: - B. 7 22. Find the median of the set of numbers: 21, 3, 7, 17, 19, 31, 46, 20 and 43. A. 19 B. 20 C. 3 D. 16 Answer: - B. 20 23. The following numbers represent the ages of people on a bus: 3, 6, 27, 13, 6, 8, 12, 20, 5, 10. Calculate their mean of their ages. A. 11 B. 6 C. 9 D. 110 Answer: - A. 11 24. if the mean is 11 and the median is13 then the value of mode is A. 15 B. 13 C. 11 D. 17 Answer: - D. 17 25. If the mode is 14 and value of mean is 5 then the value of median is A. 12 B. 18 C. 8 D. 14 Answer: - C. 8Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 26. The sample mean is a A. Parameter B. statistics C. variable D. constant Answer: - B. statistics 27. The suitable average for qualitative data is A. mean B. median C. mode D. Geometric mean Answer: - B. median Unit 1 28. The sum of deviations of observations from their arithmetic mean: A. Maximum B. Least C. Zero D. None of these Answer: - C. Zero 29. The sum of absolute deviations is minimum when taken from: A. Mean B. Median C. Mode D. None of these Answer: - B. Median 30. The sum of squared deviations is minimum when taken from: A. Mean B. Median C. Mode D. None of these Answer: - A. Mean 31. What is the median of 33, 86, 68, 32, 80, 48, 70? A. 32 B. 68 C. 80 D. 86 Answer: - B. 68Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 32. In a moderately skewed distribution, the value of mean is 16 and that of mode is 25. A. 20 B. 19 C. 21 D. None of these Answer: - B. 19 33. In a moderately skewed distribution, the following equation indicates the relationship among mean, median and mode: A. Mean 2 Mode - 3 Median B. Mode 3 Median – 2 Mean C. Median 3 Mean – 2 Mode D. None of these Answer: - B. Mode 3 Median – 2 Mean 34. For a symmetrical distribution, Q1 and Q3 are 20 and 60 respectively. The value of median will be: A. 20 B. 30 C. 40 D. 50 Answer: - C. 40 35. The variate values which divide a series into ten equal parts are called: A. Quartiles B. Deciles C. Percentiles D. None of these Answer: - B. DecilesAlso Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 36. From which average, the sum of deviations is zero? A. Mean B. Median C. Mode D. None of these Answer: - A. Mean 37. The average to be used to determine the average size of the shoe sold in a shop is: A. Mean B. Median C. Mode D. None of these Answer: - C. Mode 38. Find the Mode of 5, 3, 27, 5, 9, 3, 8, 5: A. 5 B. 27 C. 9 D. 3 Answer: - A. 5 39. In a moderately asymmetrical distribution, the value of mean is 75 and the value of mode is 60: A. 75 B. 70 C. 85 D. 80 Answer: - B. 70 40. Given Mean 70.2 and mode 70.5. Find the median using empirical relationship among them. A. 120 B. 150 C. 180 D. 300 Answer: - B. 150Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 41. In a moderately skewed distribution, the value of mode is 120 and that of median is 140. Find the value of arithmetic mean. A. 150 B. 160 C. 170 D. 180 Answer: - A. 150 42. The arithmetic mean of the marks obtained by 50 students was calculated as 44. It was later discovered that a score of 36 was misread as 56. Find the correct value of arithmetic mean of the marks obtained by the students. A. 43 B. 43.6 C. 45 D. 50 Answer: - B. 43.6 43. The marks obtained by 9 students in a test are 25, 20, 15, 45, 18, 7, 10, 38 and 12. Find the median. A. 38 B. 20 C. 18 D. 15 Answer: - C. 18 44. In a moderately asymmetrical distribution, the mode and mean are 32.1 and 35.4 respectively. Calculate the median. A. 35 B. 34.3 C. 36 D. 37 Answer: - B. 34.3Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 45. In a moderately skewed distribution, the mode and median are 20 and 24 respectively. Calculate the value of mean. A. 27 B. 26 C. 25 D. 28 Answer: - B. 26 46. The mean weight of 150 students in a class is 60 Kg. The mean weight of Boy students is 70 Kg and that of a girl students is 55 kg. Find the number of Boys and Girls in the class. A. 50 and 100 B. 100 and 50 C. 150 and 200 D. 200 and 150 Answer: - A. 50 and 100 47. A distribution consists of three components with total frequencies of 200, 250 and 300 having means 25, 10 and 15 respectively. Find the mean of the combined distribution. A. 17 B. 16 C. 15 D. 20 Answer: - B. 16 48. The arithmetic mean is 12 and the number of observations are 20 then the sum of all the values is A. 8 B. 32 C. 240 D. 1.667 Answer: - C. 240 49. The method used to compute average or central value of the collected data is considered as A. measures of positive variation B. measures of central tendency C. measures of negative skewness D. measures of negative variation Answer: - B. measures of central tendency Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 50. The mean or average used to measure central tendency is called A. sample mean B. arithmetic mean C. negative mean D. population mean Answer: - B. arithmetic mean> Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 51. If the mean of percentages, rates and ratios is to be calculated then the central tendency measure which must be used in this situation is A. weighted arithmetic mean B. paired arithmetic mean C. non-paired arithmetic mean D. square of arithmetic mean Answer: - A. weighted arithmetic mean 52. In the quartiles, the central tendency median to be measured must lie in A. first quartile B. second quartile C. third quartile D. four quartile Answer: - B. second quartile 53. A numerical value used as a summary measure for a sample, such as sample mean, is known as a A. population parameter B. sample parameter C. sample statistic D. population mean Answer: - C. sample statistic 54. The mean of a sample is A. always equal to the mean of the population B. always smaller than the mean of the population C. computed by summing the data values and dividing the sum by (n - 1) D. computed by summing all the data values and dividing the sum by the number of items Answer: - D. computed by summing all the data values and dividing the sum by the number of items 55. In a five number summary, which of the following is not used for data summarization? A. the smallest value B. the largest value C. the median D. the 25th percentile Answer: - D. the 25th percentile Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 56. Since the mode is the most frequently occurring data value, it A. can never be larger than the mean B. is always larger than the median C. is always larger than the mean D. None of the above Answer: - C. is always larger than the mean 57. In statistics out of 100, marks of 21 students in final exams are as 90, 95, 95, 94, 90, 85, 84, 83, 85, 81, 92, 93, 82, 78, 79, 81, 80, 82, 85, 76, 85 then mode of data is A. 85 B. 95 C. 90 D. 81 Answer: - A. 85 58. Branches of statistics includes A. applied statistics B. mathematical statistics C. industry statistics D. both a and b Answer: - D. both a and b 59. What is the median of the data 78, 56, 22, 34, 45, 54, 39, 68, 54, 84? A. 54 B. 53 C. 55 D. 51 Answer: - A. 54 60. Find the mean of x + 77, x + 7, x + 5, x + 3 and x – 2? A. x + 8 B. x + 18 C. x – 8 D. x – 18 Answer: - B. x + 18 Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 61. In the class intervals 40 – 50, 50 – 60, the number 50 is included in which of the following? A. 40 – 50 B. 30 – 40 C. 50 – 60 D. 60 – 70 Answer: - C. 50 – 60 62. If each observation of the data is increased by 5, then what happens to its mean? A. is increased by 4 B. is increased by 5 C. is decreased by 4 D. is decreased by 5 Answer: - B. is increased by 5 Unit 2 63. The measurements of spread or scatter of the individual values around the central point is called: A. Measures of dispersion B. Measures of central tendency C. Measures of skewness D. Measures of kurtosis Answer: - A. Measures of dispersion 64. The scatter in a series of values about the average is called: A. Central tendency B. Dispersion C. Skewness D. Symmetry Answer: - B. Dispersion 65. The measures used to calculate the variation present among the observations in the unit of the variable is called: A. Relative measures of dispersion B. Coefficient of skewness C. Absolute measures of dispersion D. Coefficient of variation Answer: - C. Absolute measures of dispersionAlso Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 66. The measures used to calculate the variation present among the observations relative to their average is called: A. Coefficient of kurtosis B. Absolute measures of dispersion C. Quartile deviation D. Relative measures of dispersion Answer: - D. Relative measures of dispersion 67. The degree to which numerical data tend to spread about an average value called: A. Constant B. Flatness C. Variation D. Skewness Answer: - C. Variation 68. The measures of dispersion can never be: A. Positive B. Zero C. Negative D. Equal to 2 Answer: - C. Negative 69. If all the scores on examination cluster around the mean, the dispersion is said to be: A. Small B. Large C. Normal D. Symmetrical Answer: - A. Small 70. If there are many extreme scores on all examination, the dispersion is: A. Large B. Small C. Normal D. Symmetric Answer: - A. LargeAlso Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 71. Given below the four sets of observations. Which set has the minimum variation? A. 46, 48, 50, 52, 54 B. 30, 40, 50, 60, 70 C. 40, 50, 60, 70, 80 D. 48, 49, 50, 51, 52 Answer: - D. 48, 49, 50, 51, 52 72. Which of the following is an absolute measure of dispersion? A. Coefficient of variation B. Coefficient of dispersion C. Standard deviation D. Coefficient of skewness Answer: - C. Standard deviation 73. The measure of dispersion which uses only two observations is called: A. Mean B. Median C. Range D. Coefficient of variation Answer: - C. Range 74. The measure of dispersion which uses only two observations is called: A. Range B. Quartile deviation C. Mean deviation D. Standard deviation Answer: - A. Range 75. In quality control of manufactured items, the most common measure of dispersion is: A. Range B. Average deviation C. Standard deviation D. Quartile deviation Answer: - A. RangeAlso Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 76. The range of the scores 29, 3, 143, 27, 99 is: A. 140 B. 143 C. 146 D. 70 Answer: - A. 140 77. If the observations of a variable X are, -4, -20, -30, -44 and -36, then the value of the range will be: A. -48 B. 40 C. -40 D. 48 Answer: - B. 40 78. The range of the values -5, -8, -10, 0, 6, 10 is: A. 0 B. 10 C. -10 D. 20 Answer: - D. 20 79. If the maximum value in a series is 25 and its range is 15, the maximum value of the series is: A. 10 B. 15 C. 25 D. 35 Answer: - A. 10 80. Half of the difference between upper and lower quartiles is called: A. Interquartile range B. Quartile deviation C. Mean deviation D. Standard deviation Answer: - B. Quartile deviation Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 81. If Q320 and Q110, the coefficient of quartile deviation is: A. 3 B. 1/3 C. 2/3 D. 1 Answer: - B. 1/3 82. If the quartile range is 24 then the quartile deviation is: A. 48 B. 12 C. 24 D. 72 Answer: - B. 12 83. The sum of all the squared deviations is divided by the total number of observations to calculate A. population deviation B. population variance C. sample deviation D. sample variance Answer: - B. population variance 84. For the recorded observation, the ratios measured by absolute variation are considered as A. non-relative measures B. relative measures C. high uniform measures D. low uniform measures Answer: - B. relative measures 85. If the arithmetic mean is multiplied to coefficient of variation then the resulting value is classified as A. coefficient of deviation B. coefficient of mean C. standard deviation D. variance Answer: - B. coefficient of mean Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 86. If mean absolute deviation of set of observations is 8.5 then value of quartile deviation is A. 7.08 B. 9.08 C. 10.2 D. 11.2 Answer: - A. 7.08 87. For a positively skewed distribution, mean is always: A. Less than the median B. Less than the mode C. Greater than the mode D. Difficult to tell Answer: - C. Greater than the mode 88. If the sum of deviations from median is not zero, then a distribution will be: A. Symmetrical B. Skewed C. Normal D. All of the above Answer: - B. Skewed 89. The degree of peaked ness or flatness of a unimodel distribution is called: A. Skewness B. Symmetry C. Dispersion D. Kurtosis Answer: - D. Kurtosis 90. In a mesokurtic or normal distribution, µ4 243. The standard deviation is: A. 81 B. 27 C. 9 D. 3 Answer: - D. 3Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 91. In a symmetrical distribution, Q3 – Q1 20, median 15. Q3 is equal to: A. 5 B. 15 C. 20 D. 25 Answer: - D. 25 92. The first three moments of a distribution about the mean are 1, 4 and 0. The distribution is: A. Symmetrical B. Skewed to the left C. Skewed to the right D. Normal Answer: - A. Symmetrical 93. For a symmetrical distribution: A. β1 > 0 B. β1 < 0 C. β1 0 D. β1 3 Answer: - C. β1 0 94. The second and fourth moments about mean are 4 and 48 respectively, then the distribution is: A. Leptokurtic B. Platykurtic C. Mesokurtic or normal D. Positively skewed Answer: - C. Mesokurtic or normal 95. Bowley's coefficient of skewness lies between: A. 0 and 1 B. 1 and +1 C. -1 and 0 D. -2 and +2 Answer: - B. 1 and +1 96. The value of β2 can be: A. Less than 3 B. Greater than 3 C. Equal to 3 D. All of the above Answer: - D. All of the above Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 97. If the sum of squares of the rank differences of 10 pairs of values is 30, find the correlation coefficient between them. A. 0.75 B. 0.82 C. 0.90 D. 0.83 Answer: - B. 0.82 98. In a bivariate sample, the sum of squares of differences between marks of observed values of two variables is 33 and the rank correlation between them is 0.8. Find the number of pairs of observations: A. 12 B. 10 C. 15 D. 18 Answer: - B. 10 99. In a bivariate distribution, Spearman’s Coefficient of Correlation is -0.25. If the sum of the squares of various ranks is 150, find out the number of pairs of items: A. 10 B. 8 C. 9 D. 7 Answer: - C. 9 100. The rank correlation coefficient of a debating contest involving 10 participants was calculated as 0.6. However, it was later discovered that the difference in the ranks of some participants was read as 8 instead of 3. Find the correct correlation coefficient: A. 0.933 B. 0.652 C. 0.854 D. 0.751 Answer: - A. 0.933Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 101. The regression coefficient of X on Y is: A. bXY B. bYX C. Not Specified D. none Answer: - A. bXY 102. Regression Coefficient of Y on X is: A. bXY B. bYX C. Not Specified D. none Answer: - B. bYX 103. If one of the regression coefficient is greater than unity, the other must be: A. More than Unity B. Less than Unity C. Unity D. none Answer: - B. Less than Unity 104. The regression coefficients re independent of change of origin but: A. Not of Scale B. Also of Scale C. No Change in scale D. none Answer: - A. Not of Scale 105. The coefficient of correlation between the regression coefficients is: A. Arithmetic Mean B. Geometric Mean C. Average D. none Answer: - B. Geometric Mean Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 106. The correlation coefficient is used to determine: A. A specific value of the y-variable given a specific value of the x-variable B. A specific value of the x-variable given a specific value of the y-variable C. The strength of the relationship between the x and y variables D. None of these Answer: - C. The strength of the relationship between the x and y variables 107. If there is a very strong correlation between two variables then the correlation coefficient must be: A. any value larger than 1 B. much smaller than 0, if the correlation is negative C. much larger than 0, regardless of whether the correlation is negative or positive D. None of these alternatives is correct Answer: - B. much smaller than 0, if the correlation is negative 108. In regression, the equation that describes how the response variable (y) is related to the explanatory variable (x) is: A. the correlation model B. the regression model C. used to compute the correlation coefficient D. None of these alternatives is correct. Answer: - B. the regression model 109. In regression analysis, the variable that is being predicted is the: A. Response, or dependent, variable B. Independent variable C. intervening variable D. is usually x Answer: - A. Response, or dependent, variable 110. In a regression analysis if r2 1, then : A. SSE must also be equal to one B. SSE must be equal to zero C. SSE can be any positive value D. SSE must be negative Answer: - B. SSE must be equal to zero Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 111. In regression analysis, the variable that is used to explain the change in the outcome of an experiment, or some natural process, is called: A. the x-variable B. the independent variable C. the predictor variable D. the explanatory variable Answer: - C. the predictor variable 112. If the coefficient of determination is a positive value, then the regression equation: A. must have a positive slope B. must have a negative slope C. could have either a positive or a negative slope D. must have a positive y intercept Answer: - C. could have either a positive or a negative slope 113. If two variables, x and y, have a very strong linear relationship, then: A. there is evidence that x causes a change in y B. there is evidence that y causes a change in x C. there might not be any causal relationship between x and y D. None of these alternatives is correct. Answer: - A. there is evidence that x causes a change in y 114. If the coefficient of determination is equal to 1, then the correlation coefficient : A. must also be equal to 1. B. can be either -1 or +1. C. can be any value between -1 to +1 D. must be -1 Answer: - B. can be either -1 or +1. 115. In regression analysis, if the independent variable is measured in kilograms, the dependent variable: A. must also be in kilograms B. must be in some unit of weight C. cannot be in kilograms D. can be any units Answer: - D. can be any unitsAlso Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 116. The strength (degree) of the correlation between a set of independent variables X and a dependent variable Y is measured by A. Coefficient of Correlation B. Coefficient of Determination C. Standard error of estimate D. All of the above Answer: - A. Coefficient of Correlation 117. The percent of total variation of the dependent variable Y explained by the set of independent variables X is measured by: A. Coefficient of Correlation B. Coefficient of Skewness C. Coefficient of Determination D. Standard error Answer: - C. Coefficient of Determination 118. A coefficient of correlation is computed to be -0.95 means that: A. The relationship between two variables is weak B. The relationship between two variables is strong and positive C. The relationship between two variables is strong and but negative D. Correlation coefficient cannot have this value Answer: - C. The relationship between two variables is strong and but negative 119. Let the coefficient of determination computed to be 0.39 in a problem involving one independent variable and one dependent variable. This result means that: A. The relationship between two variables is negative B. The correlation coefficient is 0.39 also C. 39% of the total variation is explained by the independent variable D. 39% of the total variation is explained by the dependent variable Answer: - C. 39% of the total variation is explained by the independent variable 120. Relationship between correlation coefficient and coefficient of determination is that: A. both are unrelated B. The coefficient of determination is the coefficient of correlation squared C. The coefficient of determination is the square root of the coefficient of correlation D. both are equal Answer: - B. The coefficient of determination is the coefficient of correlation squared Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 121. The value of a correlation is reported by a researcher to be r −0.5. Which of the following statements is correct? A. The x-variable explains 25% of the variability in the y-variable. B. The x-variable explains −25% of the variability in the y-variable. C. The x-variable explains 50% of the variability in the y-variable. D. The x-variable explains −50% of the variability in the y-variable. Answer: - A. The x-variable explains 25% of the variability in the y-variable. 122. Past data has shown that the regression line relating the final exam score and the midterm exam score for students who take statistics from a certain professor is: final exam 50 + 0.5 × midterm One interpretation of the slope is A. a student who scored 0 on the midterm would be predicted to score 50 on the final exam. B. a student who scored 0 on the final exam would be predicted to score 50 on the midterm exam. C. a student who scored 10 points higher than another student on the midterm would be D. predicted to score 5 points higher than the other student on the final exam. students only receive half as much credit (.5) for a correct Answer: - A. a student who scored 0 on the midterm would be predicted to score 50 on the final exam. 123. One use of a regression line is A. to determine if any x-values are outliers. B. to determine if any y-values are outliers. C. to determine if a change in x causes a change in y. D. to estimate the change in y for a one-unit change in x. Answer: - D. to estimate the change in y for a one-unit change in x. 124. The percent of total variation of the dependent variable Y explained by the set of independent variables X is measured by A. Coefficient of Correlation B. Coefficient of Skewness C. Coefficient of Determination D. Standard Error or Estimate Answer: - C. Coefficient of Determination 125. The strength (degree) of the correlation between a set of independent variables X and a dependent variable Y is measured by A. Coefficient of Correlation B. Coefficient of Determination C. Standard error of estimate D. All of the above Answer: - D. All of the above Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 126. A coefficient of correlation is computed to be -0.95 means that A. The relationship between two variables is weak. B. The relationship between two variables is strong and positive C. The relationship between two variables is strong and but negative D. Correlation coefficient cannot have this value Answer: - C. The relationship between two variables is strong and but negative 127. Relationship between correlation coefficient and coefficient of determination is that A. both are unrelated B. The coefficient of determination is the coefficient of correlation squared C. The coefficient of determination is the square root of the coefficient of correlation D. both are equal Answer: - B. The coefficient of determination is the coefficient of correlation squared 128. The sample coefficient of correlation A. Has the same sign as the slope, i.e. β B. Can range from -1.00 up to 2.00 C. Is also called Peterson's r D. Can range from -3.00 up to 2.00 Answer: - A. Has the same sign as the slope, i.e. β 129. The regression equation is the line with slope a passing through A. The point (X¯¯¯¯,Y¯¯¯¯) B. The point (Y, X) C. The point (X, Y) D. The point (Y¯¯¯¯,X¯¯¯¯) Answer: - A. The point (X¯¯¯¯,Y¯¯¯¯) 130. In regression equation ya+βx+e, both x and y variables are A. y is fixed and x is random B. Random C. Fixed D. x is fixed and y is random Answer: - D. x is fixed and y is random Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 131. A series of numerical figures which show the relative position is called A. index no. B. relative no. C. absolute no. D. none Answer: - A. index no. 132. Index no. for the base period is always taken as A. 200 B. 50 C. 1 D. 100 Answer: - D. 100 133. play a very important part in the construction of index nos A. weights B. classes C. estimations D. none Answer: - A. weights 134. ___is particularly suitable for the construction of index nos. A. H.M B. A.M. C. G.M D. None Answer: - C. G.M 135. Index nos. show changes rather than absolute amounts of change. A. Relative B. Percentage C. Both D. None Answer: - B. Percentage Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 136. The makes index nos. time-reversible A. A.M B. G.M. C. H.M D. None Answer: - B. G.M. 137. Index no. is equal to A. sum of price relatives B. average of the price relatives C. product of price relative D. none Answer: - B. average of the price relatives 138. The of group indices given the General Index A. H.M. B. G.M. C. A.M D. none Answer: - C. A.M 139. Circular Test is one of the tests of A. index no’s B. hypothesis C. both D. none Answer: - A. index no’s 140. ____ is an extension of time reversal test A. Factor Reversal test B. Circular test C. Both D. None Answer: - B. Circular test Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 141. Weighted G.M. of relative formula satisfy test A. Time Reversal Test B. Circular test C. Factor Reversal Test D. None Answer: - A. Time Reversal Test 142. Factor Reversal test is satisfied by: A. Fisher’s Ideal Index B. Laspeyres Index C. Paasches Index D. None Answer: - A. Fisher’s Ideal Index 143. Laspeyre's formula does not obey: A. Factor Reversal Test B. Time Reversal Test C. Circular Test D. None Answer: - B. Time Reversal Test 144. A ratio or an average of ratios expressed as a percentage is called A. a relative no B. an absolute no. C. an index no. D. none Answer: - C. an index no. 145. The value at the base time period serves as the standard point of comparison A. False B. True C. Both D. None Answer: - B. True Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 146. An index time series is a list of nos. for two or more periods of time A. Index B. Absolute C. Relative D. None Answer: - A. Index 147. Index nos. are often constructed from the A. Frequency B. Class C. Sample D. None Answer: - C. Sample 148. __________ is a point of reference in comparing various data describing individual behavior. A. Sample B. Base period C. Estimation D. None Answer: - B. Base period 149. The ratio of price of single commodity in a given period to its price in another period is called the A. base period B. price ratio C. relative price D. none Answer: - A. base period 150. P01 is the index for time A. 1 on 0 B. 0 on 1 C. 1 on 1 D. 0 on 0 Answer: - A. 1 on 0 Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 151. When the price of a divided by the price of the preceding year, we, get: A. Value index B. Link relative C. Simple relative D. None of them Answer: - B. Link relative 152. The most appropriate average in averaging the price relatives is: A. Median B. Harmonic mean C. Arithmetic mean D. Geometric mean Answer: - D. Geometric mean 153. In constructing index number geometric mean relatives are: A. Non-reversible B. Reciprocal C. Reversible D. None of them Answer: - C. Reversible 154. The general purchasing power of the currency of a country is determined by: A. Retail price index B. Volume index C. Composite index D. Whole-sale price index Answer: - D. Whole-sale price index 155. What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices: A. Whole sale price index B. Consumer's price C. Quantity D. None of them Answer: - B. Consumer's price Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 156. Which of the following is a component of timer series; A. Secular trend B. Correlation C. Regression D. Consumer price index Answer: - A. Secular trend 157. Which of the following is a method of measuring trend: A. Freehand curve B. Bar graph C. Histogram D. System Analysis Answer: - A. Freehand curve 158. Cyclical variations are caused by A. Trade business cycles B. Elections C. Changes in foreign exchange D. Changes in interest rates Answer: - A. Trade business cycles 159. Periodic movements with duration longer than a year are called A. Seasonal movements B. Cyclic movements C. Social movements D. Cultural movements Answer: - B. Cyclic movements 160. Seasonal variations are short term variations with period A. less than 6 months B. less than 5 years C. less than 1 year D. more than 10 years Answer: - C. less than 1 year Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 161. The component of time series useful for long term forecasting is A. Secular trend B. Seasonal variation C. Cyclical variation D. Irregular variation Answer: - A. Secular trend 162. If the growth rate is constant, the trend is – A. linear B. non linear C. curvy D. wavy Answer: - A. linear 163. The trend line Ya+bX obtained by the least Squares method is known as the line of A. best fit B. fit best C. best neutral D. nonlinear fit Answer: - A. best fit more mcqs 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? A. 40% B. 50% C. 60% D. None of these Answer: - A. 40% 165. The averages are affected by change of: A. Origin B. Scale C. Origin and Scale D. None of Above Answer: - C. Origin and Scale Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 166. When the values in a series are not of equal importance, we calculate the: A. Arithmetic mean B. Geometric mean C. Weighted mean D. Mode Answer: - C. Weighted mean 167. A data set may have no mode, one mode, or multiple modes. A. True B. False C. none D. all Answer: - A. True 168. Which partition value divides the series into two equal parts. A. P10 B. P5 C. P50 D. P90 Answer: - C. P50 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? A. 0 - 10, 11-20 B. 0 to less than 10, 10 to less than 20 C. 0-10, 10-20 D. 0 up to 10, 10 up to 20 Answer: - C. 0-10, 10-20 170. The cumulative frequency for a particular class is equal to 35. The cumulative frequency for the next class will be . A. equal to 65. B. 35 minus the next class frequency. C. less than 35. D. 35 plus the next class frequency. Answer: - B. 35 minus the next class frequency. Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 171. What is the modal value for the numbers 4, 3, 8, 15, 4, 3, 6, 3, 15, 3, 4. A. 3 B. 4 C. 6 D. 15 Answer: - A. 3 172. If in a discrete series 75% values are less than 30, then: A. Q3 30 Answer: - C. Q3 30 173. One of the following methods of calculating mode is: A. Mode 3 Median – 2 Mean B. Mode 2 Median – 3 Mean C. Mode 3 Median + 2 Mean D. Mode 2 Median – 2 Mean Answer: - A. Mode 3 Median – 2 Mean 174. According to percentiles, the median to be measured must lie in A. 80th B. 50th C. 100th D. 30th Answer: - B. 50th 175. The sum of the squares of the deviations of the variable is when taken about arithmetic mean A. Maximum B. Zero C. Minimum D. None Answer: - B. Zero Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 176. The mean of 10 observations is 10. All the observations are increased by 10%. The mean of increased observations will be: A. 10 B. 1.1 C. 11 D. 10.1 Answer: - C. 11 177. The suitable average for averaging the shoe sizes for children is: A. Mean B. Median C. Mode D. Geometric mean Answer: - C. Mode 178. What is the value of the first quartile for observations 15, 18, 10, 20, 23, 28, 12, 16? A. 17 B. 16 C. 12.75 D. 12 Answer: - B. 16 179. The measurements of spread or scatter of the individual values around the central point is called: A. Measures of dispersion B. Measures of skewness C. Measures of central tendency D. Measures of kurtosis Answer: - A. Measures of dispersion 180. The smaller the variance the less spread of the data around the mean A. True B. False C. none D. all Answer: - A. True Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 181. The measures of dispersion can never be: A. Positive B. Negative C. Zero D. equal to 2 Answer: - B. Negative 182. The mean deviation is minimum when deviations are taken from: A. Mean B. Median C. Mode D. None of these Answer: - B. Median 183. Which of the following is a unit free measure of dispersion: A. Range B. Standard deviation C. Interquartile range D. Coefficient of range Answer: - D. Coefficient of range 184. The standard deviation is independent of: A. Change of scale B. Change of origin C. Change of origin and scale D. None of these Answer: - B. Change of origin 185. In order to compare two series we can use A. Coefficient of Variation B. Standard deviation C. Coefficient of Skewness D. Coefficient of kurtosis Answer: - A. Coefficient of Variation Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 186. If the values of mean, median and mode coincide in a unimodal distribution, then the distribution will be: A. Positively Skewed B. Symmetrical C. Negatively Skewed D. None of these Answer: - B. Symmetrical 187. The degree of peaked ness or flatness of a unimodal distribution is called: A. Skewness B. Kurtosis C. Dispersion D. Normal distribution Answer: - B. Kurtosis 188. Following are the Relative measures of dispersion except A. Co-efficient of Mean deviation B. Standard deviation C. Co-efficient of Range D. Co-efficient of Quartile deviation Answer: - B. Standard deviation 189. For a symmetrical distribution Q125, Q345, the median is A. 20 B. 25 C. 35 D. None of these Answer: - C. 35 190. The coefficient of variation cannot be meaningfully used to compare the variability of two or more sets of data, when A. The standard deviation is zero for one or more sets of data B. The standard deviation is 1 for one or more sets of data C. The mean is zero for one or more sets of data D. The mean is 1 for one or more sets of data Answer: - C. The mean is zero for one or more sets of data Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 191. Standard deviation is always computed from A. Mean B. Median C. Mode D. geometric mean Answer: - A. Mean 192. Which of the following is true, if there is no dispersion in a data set: A. All the mathematical and positional averages are equal. B. All the mathematical averages are equal but the positional averages are not equal C. All the mathematical averages are equal to zero D. None of these Answer: - A. All the mathematical and positional averages are equal. 193. For a distribution of data, if the arithmetic mean> median>mode, then which of the following is true? A. The distribution is symmetrical B. The distribution is positively skewed C. The distribution is negatively skewed D. None of these Answer: - B. The distribution is positively skewed 194. Correlation analysis is a .............................. A. Univariate analysis B. Bivariate analysis C. Multivariate analysis D. Both Bivariate and Multivariate analysis Answer: - D. Both Bivariate and Multivariate analysis 195. If one of the regression coefficients is greater than unity, the other must be: A. More than Unity B. Less than Unity C. Unity D. all Answer: - B. Less than Unity. Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 196. If all the points of a scatter diagram lie on a straight line falling from left upper corner to the right bottom corner, the correlation is called................... A. Zero correlation B. High degree of positive correlation C. Perfect negative correlation D. Perfect positive correlation Answer: - C. Perfect negative correlation 197. The rank correlation coefficient was discovered by.................................... A. Fisher B. Spearman C. Karl Pearson D. Bowley Answer: - B. Spearman 198. If the regression line is Y on X, then the variable X is known as.......................... A. Independent variable B. Explanatory variable C. Regressor D. All the above Answer: - D. All the above 199. The point of intersection of two regression lines is.......................... A. (0,0) B. (1,1) C. (x,y) D. (x̄, ӯ) Answer: - D. (x̄, ӯ) 200. If r ± 1, the two regression lines are............................... A. Coincident B. Parallel C. Perpendicular to each other D. None of these Answer: - A. Coincident 201. If bxy and byx are two regression coefficients, they have: A. Same signs B. Opposite signs C. Either a or b D. None of the above. Answer: - A. Same signs Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 202. The Correlation coefficient between two variables is the………………..of their regression coefficients. A. Arithmetic mean B. Geometric mean C. Harmonic mean D. None of these Answer: - B. Geometric mean 203. The percent of the total variation of the dependent variable Y explained by the set of independent variables X is measured by: A. Coefficient of Correlation B. Coefficient of Skewness C. Coefficient of Determination D. Standard error Answer: - C. Coefficient of Determination 204. The value of the correlation coefficient lies between A. -1 and +1 B. -1 and 0 C. 0 and 1 D. None Answer: - A. -1 and +1 205. A Scatter diagram is considered for measuring A. Linear relationship between two variables B. Curvilinear relationship between two variables C. Neither a or b D. Both a and b Answer: - D. Both a and b Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 206. The maximum value of the Rank Correlation coefficient is A. +1 B. -1 D. None of these Answer: - A. +1 207. What is the purpose of a simple linear regression? A. To predict scores on a dependent variable from scores on a single independent variable B. To predict scores on an independent variable from scores on multiple dependent variables C. To predict scores on a dependent variable from scores on multiple independent variables D. None of Above Answer: - A. To predict scores on a dependent variable from scores on a single independent variable 208. If r is the simple correlation coefficient, the quantity 𝑟2 is known as ................... A. Coefficient of determination B. Coefficient of non-determination C. Coefficient of alienation D. None of these Answer: - A. Coefficient of determination 209. Asimpleindexnumberis anumberthatmeasures arelativechangein ? A. group of variable with respect to a base B. single variable with respect to a base C. Both A &B D. None of theabove Answer: - B. single variable with respect to a base 210. Which index number is called as ideal index number. A. Lasperys B. Paasches C. Fisher D. None of Above Answer: - C. Fisher Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 211. Secular trend can be measured by: A. Two methods B. Three methods C. Four methods D. Five methods Answer: - C. Four methods 212. Fishers price index number is the ------- A. A.M. of Lasperys and Paasches. B. G.M. of Lasperys and Paasches. C. Difference between Lasperys and Paasches D. None of the above. Answer: - B. G.M. of Lasperys and Paasches. 213. Relative Method is further divided into how many types? A. One B. two C. None of the above D. All of the Above. Answer: - B. two 214. In Price Index Numbers prices can either be ? A. Retail B. wholesale C. Both I and II D. None of the above. Answer: - C. Both I and II 215. While computing a weighted index, the current period quantities are used in the: A. Laspeyre's method B. Paasche's method C. Marshall Edgeworth method D. Fisher's ideal method Answer: - B. Paasche's method Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel 216. ………….is a point of reference in comparing various data describing individual behaviour. A. Sample B. Base period C. Estimation D. None Answer: - B. Base period 217. Wheat crops badly damaged on account of rains is: A. Cyclical movement B. Random movement C. Secular trend D. Seasonal movement Answer: - B. Random movement 218. A complete business cycle consists of a period of: A. Prosperity B. Recession C. Both prosperity and recession D. none of the above Answer: - C. Both prosperity and recession 219. Which of the following can’t be a component for a time series plot? A. Seasonality B. Trend C. Cyclical D. Noise Answer: - E. 220. The additive and multiplicative time series models are: A. Y T + S + C + I and Y TSCI respectively B. Y TSCI and Y T + S + C + I C. none of these D. all Answer: - A. Y T + S + C + I and Y TSCI respectively Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel Business Statistics MCQ business statistics mcqs pdf free download | statistics mcqs with answers pdf download | business statistics mcqs with answers pdf free download | business statistics questions and answers pdf 2020 | business statistics mcqs examveda | business statistics mcq for bba final year | business statistics mcqs bba | statistics mcqs pdf download Business Statistics MCQ 221. Value of b in the trend line Y a + bX is: A. Always positive B. Always negative C. Both positive or negative D. None of these Answer: - C. Both positive or negative 222. In a straight line equation Y a + bX; a and b are respectively: A. X-intercept and slope B. Y intercept and slope C. can't determined D. all Answer: - B. Y intercept and slope 223. A time series consists of: A. Short-term variations B. Irregular variations C. Long-term variations D. All of the above Answer: - D. All of the above Also Read :- Marketing Management MCQs Digital Business Management MCQs Cost Accounting MCQs Join Our Telegram Channel

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( Best 225+ ) Business Statistics MCQ

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Business Statistics MCQ

221. Value of b in the trend line Y = a + bX is:

222. In a straight line equation Y = a + bX; a and b are respectively:

223. A time series consists of:

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