Karl Pearson's coefficient of correlation between two variables x and y is equal to
A. covariance between two variables
B. product of their standard deviation
C. square root of the product of two regression coefficient
D. None of the above
Select an option to see the answer and solution.
Fisher's ideal index is based on
A. arithmetic mean of Laspeyre's & Paasche's index
B. median of Laspeyre's & Paasche's index
C. geometric mean of Laspeyre's & Paasche's index
D. None of the above
Select an option to see the answer and solution.
. . . . . . . . is particularly useful when we have to compute the mean of means.
A. Arithmetic mean
B. Geometric mean
C. Weighted arithmetic mean
D. None of the above
Select an option to see the answer and solution.
For a positively skewed disttibution, mean is always:
A. Less than the median
B. Less than the mode
C. Greater than the mode
D. Difficult to tell
Select an option to see the answer and solution.
It is helpful to use a multi-stage cluster sample when:
A. the population is widely dispersed geographically
B. you have limited time and money available for travelling
C. you want to use a probability sample in order to generalise the results
D. all of the above
Select an option to see the answer and solution.
Systematic sampling is used for which of the following?
1. Quota sampling
2. Non-probability sampling
3. Probability sampling
A. Both 1 and 2
B. Both 2 and 3
C. Only 2
D. Only 3
Select an option to see the answer and solution.
The first measure of dispersion is called-
A. arithmetic mean
B. mean deviation
C. standard deviation
D. quartile deviation
Select an option to see the answer and solution.
Let A and B be two events such that the occurrence of A implies occurrence of B, but not vice-versa, then the correct relation between P(A) and P(B) is:
A. P(A) < P(B)
B. P(B) ≥ P(A)
C. P(A) = P(B)
D. P(A) ≥ P(B)
Select an option to see the answer and solution.
In a general class interval, margin of error is equal to
Select an option to see the answer and solution.
The value of the median of an even discrete series will be
A. [ 2 n + 1 ] th value
B. [ 2 n ] th value
C. 5 th value
D. [ 4 n + 1 ] th value
Select an option to see the answer and solution.
Match the following.
List-I (Terms)
List-II (Definitions)
a. Simple regression
1. Process of predicting one variable from another
b. Multiple regression
2. Single variable is used to predict another variable on the assumption of linear relationship between the given variables
c. Simple linear regression analysis
3. Involves two or more independent variables and one dependent variable
A. a-1, b-2, c-3
B. a-1, b-3, c-2
C. a-3, b-1, c-2
D. a-3, b-2, c-1
Select an option to see the answer and solution.
By which of the following methods, the sampling error, in comparison to biased approach, can be reduced?
A. increasing response rate
B. interpolation
C. increasing the sample size
D. changing the title
Select an option to see the answer and solution.
The significance of the difference between two means of the populations, when σ2 values are known and equal, is tested by
A. z - test
B. t - test
C. f - test
D. x2 - test
Select an option to see the answer and solution.
The . . . . . . . . is less sensitive to extreme scores than the . . . . . . . .
A. median, mean
B. mean, median
C. mode, median
D. None of the above
Select an option to see the answer and solution.
If a frequency distribution is positively skewed, the mean of the distribution is:
A. greater than the mode
B. less than the mode
C. equal to the mode
D. none of these
Select an option to see the answer and solution.
The joint probability is:
A. The likelihood of two events happening together
B. The likelihood of an event happening given that another event has already happened
C. Based on two mutually exclusive events
D. Also called prior probability
Select an option to see the answer and solution.
If a perpendicular on X-axis from the point of intersection of both 'less than' and 'more than' frequency curves is drawn, it gives the value of
A. Arithmetic mean
B. Third quartile
C. Mode
D. Median
Select an option to see the answer and solution.
Match the items of
List-I with the items of
List-Il and denote the option of correct matching.
List-I
List-II
a. Hypothesis of Sales Revenue Maximization
1. W. J. Baumol
b. Hypothesis of Maximization of Firm's Growth Rate
2. Robin Marris
c. Hypothesis of Maximization of Managerial Utility Function
3. O. E. Williamson
d. Hypothesis of Satisfying Behaviour
4. Cyert and March
A. a-2, b-1, c-3, d-4
B. a-2, b-3, c-1, d-4
C. a-1, b-2, c-3, d-4
D. a-1, b-4, c-2, d-3
Select an option to see the answer and solution.
Consider the following statements.
Statement I: The absolute value of the difference between an unbiased estimate and the corresponding population parameter is called sampling error.
Statement II: Multi-stage sampling is a restricted non-probability-based sampling technique.
A. Both the Statements are correct
B. Both the Statements are incorrect
C. Statement I is correct, while Statement II is incorrect
D. Statement I is incorrect, while Statement II is correct
Select an option to see the answer and solution.
Which one is not the method of collecting primary data?
A. Economic survey publication
B. Direct personal investigation
C. Indirect oral investigation
D. Schedules to be filled in by enumerators
Select an option to see the answer and solution.