Sail E0 Webinar

MCQs

Business Statistics Basics

Total Questions : 85 | Page 4 of 9 pages
Question 31. The numerical methods and graphical methods are specialized procedures used in
  1.    social statistics
  2.    business statistics
  3.    descriptive statistics
  4.    education statistics
 Discuss Question
Answer: Option C. -> descriptive statistics
Answer: (c).descriptive statistics
Question 32. The measure of how well is a technique, concept or process is considered as
  1.    continuity of variables
  2.    goodness of variables
  3.    validity
  4.    reliability
 Discuss Question
Answer: Option C. -> validity
Answer: (c).validity
Question 33. In every phenomenon, the process of thought that focus on identifying, controlling and reduction of variations in data is classified as
  1.    parallel thinking
  2.    serial thinking
  3.    statistical thinking
  4.    managerial thinking
 Discuss Question
Answer: Option C. -> statistical thinking
Answer: (c).statistical thinking
Question 34. The branch of statistics which considers the ratio scale and interval scale is considered as
  1.    parametric statistics
  2.    non-parametric statistics
  3.    distribution statistics
  4.    sampling statistics
 Discuss Question
Answer: Option A. -> parametric statistics
Answer: (a).parametric statistics
Question 35. The reports on quality control, production and financial accounts issued by the companies are considered as
  1.    external secondary data sources
  2.    internal secondary data sources
  3.    external primary data sources
  4.    internal primary data sources
 Discuss Question
Answer: Option B. -> internal secondary data sources
Answer: (b).internal secondary data sources
Question 36. The question which have different answers for its subparts is considered as
  1.    double barreled questions
  2.    single barreled questions
  3.    multiple barreled questions
  4.    dichotomous questions
 Discuss Question
Answer: Option A. -> double barreled questions
Answer: (a).double barreled questions
Question 37. The process of converting inputs into outputs in the presence of repeatedly same conditions is classified as
  1.    sampler
  2.    parameters
  3.    process
  4.    mixer
 Discuss Question
Answer: Option C. -> process
Answer: (c).process
Question 38. The type of variable which can take any numerical figure for calculation is classified as
  1.    continuous variable
  2.    measuring variable
  3.    flowchart variable
  4.    discrete variable
 Discuss Question
Answer: Option A. -> continuous variable
Answer: (a).continuous variable
Question 39. The branch of statistics which deals with development of particular statistical methods is classified as
  1.    industry statistics
  2.    economic statistics
  3.    applied statistics
  4.    mathematical statistics
 Discuss Question
Answer: Option D. -> mathematical statistics
Answer: (d).mathematical statistics
Question 40. The analytical study of relationship between output commodity and its price is classified as
  1.    demand analysis
  2.    supply analysis
  3.    imports analysis
  4.    export analysis
 Discuss Question
Answer: Option A. -> demand analysis
Answer: (a).demand analysis

Latest Videos

Latest Test Papers