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» Business Statistics solved MCQs

In regression analysis, if the independent variable is measured in kilograms, the dependentvariable:

Question:

In regression analysis, if the independent variable is measured in kilograms, the dependentvariable:

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 units

Note: The above multiple-choice question is for all general and Competitive Exams in India

In regression analysis, if the independent variable is measured in kilograms, the dependentvariable: Read More »

» Business Statistics solved MCQs

If the coefficient of determination is equal to 1, then the correlation coefficient :

Question:

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.

Note: The above multiple-choice question is for all general and Competitive Exams in India

If the coefficient of determination is equal to 1, then the correlation coefficient : Read More »

» Business Statistics solved MCQs

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:

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

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: Read More »

» Business Statistics solved MCQs

The strength (degree) of the correlation between a set of independent variables X and a dependent variable Y is measured by

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

The strength (degree) of the correlation between a set of independent variables X and a dependent variable Y is measured by Read More »

» Business Statistics solved MCQs

In regression analysis, the variable that is used to explain the change in the outcome of an experiment, or some natural process, is called:

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

In regression analysis, the variable that is used to explain the change in the outcome of an experiment, or some natural process, is called: Read More »

» Business Statistics solved MCQs

In regression, the equation that describes how the response variable (y) is related to the explanatory variable (x) is:

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

In regression, the equation that describes how the response variable (y) is related to the explanatory variable (x) is: Read More »

» Business Statistics solved MCQs

In regression analysis, the variable that is being predicted is the:

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

In regression analysis, the variable that is being predicted is the: Read More »

» Business Statistics solved MCQs

If there is a very strong correlation between two variables then the correlation coefficient must be:

Question:

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

Note: The above multiple-choice question is for all general and Competitive Exams in India

If there is a very strong correlation between two variables then the correlation coefficient must be: Read More »

» Business Statistics solved MCQs