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MCQs

Business Statistics Basics

Total Questions : 85 | Page 6 of 9 pages
Question 51. The measurement scale which allows the researchers and statisticians to perform certain operations on the data collected from respondents is classified as
  1.    interval scale
  2.    flow measuring scale
  3.    validity scale
  4.    reliability scale
 Discuss Question
Answer: Option A. -> interval scale
Answer: (a).interval scale
Question 52. The type of questions included in questionnaire to record responses in which the respondent can answer in any way are classified as
  1.    multiple choices
  2.    itemized question
  3.    open ended questions
  4.    close ended questions
 Discuss Question
Answer: Option C. -> open ended questions
Answer: (c).open ended questions
Question 53. The collection of all the elements such as group of variables for research is classified as
  1.    statistical process
  2.    marginal error
  3.    data
  4.    population
 Discuss Question
Answer: Option D. -> population
Answer: (d).population
Question 54. The model which consists of management philosophy, behavioral tools and statistical methods as key steps towards improvement is considered as
  1.    serial improvement process model
  2.    behavioral improvement process model
  3.    quality improvement process model
  4.    statistics improvement process model
 Discuss Question
Answer: Option C. -> quality improvement process model
Answer: (c).quality improvement process model
Question 55. The numerical or descriptive measure which is associated with variable to describe entire population of statistical phenomenon is classified as
  1.    mixer
  2.    sampler
  3.    parameter
  4.    process
 Discuss Question
Answer: Option C. -> parameter
Answer: (c).parameter
Question 56. According to the types of questionnaires, the structured undisguised questionnaire is the one in which the purpose of study is
  1.    non-interval respondents
  2.    disclosed to respondents
  3.    not disclosed to respondents
  4.    none of above
 Discuss Question
Answer: Option C. -> not disclosed to respondents
Answer: (c).not disclosed to respondents
Question 57. The data measurement which arises from a specific measuring process is classified as
  1.    reliable data
  2.    valid data
  3.    continuous data
  4.    discrete data
 Discuss Question
Answer: Option D. -> discrete data
Answer: (d).discrete data
Question 58. The characterization, collection and presentation of particular set of data in organized way is classified as
  1.    descriptive statistics
  2.    education statistics
  3.    social statistics
  4.    business statistics
 Discuss Question
Answer: Option A. -> descriptive statistics
Answer: (a).descriptive statistics
Question 59. The measurement scale which allows the ranking of numbers rather than arithmetic operations on data is classified as
  1.    valid scale
  2.    discrete scale
  3.    ordinal scale
  4.    continuous scale
 Discuss Question
Answer: Option C. -> ordinal scale
Answer: (c).ordinal scale
Question 60. The scale used in statistics which provides the difference of proportions as well as magnitude of differences is considered as
  1.    satisfactory scale
  2.    ratio scale
  3.    goodness scale
  4.    exponential scale
 Discuss Question
Answer: Option B. -> ratio scale
Answer: (b).ratio scale

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