Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

» Fundamentals of Business Statistics solved MCQs

Given the table: Class Interval 10 – 15 15 – 20 20 – 25 25 – 30 30 – 35 Frequency 5 7 4 6 8 The class mark for the second class is

Question:

Given the table: Class Interval 10 – 15 15 – 20 20 – 25 25 – 30 30 – 35 Frequency 5 7 4 6 8 The class mark for the second class is

A.

27.5

B.

17.5

C.

12.5

D.

32.5

Answer» b. 17.5

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

Given the table: Class Interval 10 – 15 15 – 20 20 – 25 25 – 30 30 – 35 Frequency 5 7 4 6 8 The class mark for the second class is Read More »

» Fundamentals of Business Statistics solved MCQs

For a symmetrical distribution first quartile and median are respectively 20 and 24. Thethird quartile of the distribution is

Question:

For a symmetrical distribution first quartile and median are respectively 20 and 24. Thethird quartile of the distribution is

A.

28

B.

26

C.

22

D.

32

Answer» a. 28

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

For a symmetrical distribution first quartile and median are respectively 20 and 24. Thethird quartile of the distribution is Read More »

» Fundamentals of Business Statistics solved MCQs

If the two regression coefficients are byx = – 0.4 and bxy = – 0.9 then the value ofcorrelation coefficient (r) is

Question:

If the two regression coefficients are byx = – 0.4 and bxy = – 0.9 then the value ofcorrelation coefficient (r) is

A.

0.6

B.

0.65

C.

– 0.6

D.

– 0.65

Answer» c. – 0.6

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

If the two regression coefficients are byx = – 0.4 and bxy = – 0.9 then the value ofcorrelation coefficient (r) is Read More »

» Fundamentals of Business Statistics solved MCQs

The quartile deviation of the following data 12, 10, 17, 14, 19, 21, 27, 30, 32, 38, 34 is

Question:

The quartile deviation of the following data 12, 10, 17, 14, 19, 21, 27, 30, 32, 38, 34 is

A.

11

B.

18

C.

9

D.

16

Answer» c. 9

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

The quartile deviation of the following data 12, 10, 17, 14, 19, 21, 27, 30, 32, 38, 34 is Read More »

» Fundamentals of Business Statistics solved MCQs

A random variable X can take the values -1, 0 and 1 with respective probabilities 0.2,0.5 and 0.3. The expected value of X is:

Question:

A random variable X can take the values -1, 0 and 1 with respective probabilities 0.2,0.5 and 0.3. The expected value of X is:

A.

0.3

B.

0.5

C.

0.2

D.

0.1

Answer» d. 0.1

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

A random variable X can take the values -1, 0 and 1 with respective probabilities 0.2,0.5 and 0.3. The expected value of X is: Read More »

» Fundamentals of Business Statistics solved MCQs

Given : Q3 – Q1 = 8, Q3 + Q1 = 22, Median (Q2) = 10.5. The coefficient of skewness is

Question:

Given : Q3 – Q1 = 8, Q3 + Q1 = 22, Median (Q2) = 10.5. The coefficient of skewness is

A.

1/8

B.

1/7

C.

1/5

D.

1

Answer» a. 1/8

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

Given : Q3 – Q1 = 8, Q3 + Q1 = 22, Median (Q2) = 10.5. The coefficient of skewness is Read More »

» Fundamentals of Business Statistics solved MCQs

The correlation coefficient between two variables x and y is

Question:

The correlation coefficient between two variables x and y is

A.

sum of two regression coefficients.

B.

Arithmetic Mean of two regression coefficients.

C.

Harmonic Mean of two regression coefficients.

D.

Geometric Mean of two regression coefficients.

Answer» d. Geometric Mean of two regression coefficients.

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

The correlation coefficient between two variables x and y is Read More »

» Fundamentals of Business Statistics solved MCQs

The measure of central tendency of a statistical data which takes into account all thedata

Question:

The measure of central tendency of a statistical data which takes into account all thedata

A.

Median

B.

Mean

C.

Mode

D.

Range

Answer» b. Mean

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

The measure of central tendency of a statistical data which takes into account all thedata Read More »

» Fundamentals of Business Statistics solved MCQs

Given a table: Value (greater than) 100 150 200 250 Frequency 50 32 9 0 The number of observations between 150 and 200 is

Question:

Given a table: Value (greater than) 100 150 200 250 Frequency 50 32 9 0 The number of observations between 150 and 200 is

A.

23

B.

15

C.

8

D.

18

Answer» a. 23

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

Given a table: Value (greater than) 100 150 200 250 Frequency 50 32 9 0 The number of observations between 150 and 200 is Read More »

» Fundamentals of Business Statistics solved MCQs