Vidyalelo
Management · all questions

Business Statistics
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

382

Questions

10/20

Page

Pick an option on a question to see the right answer and solution.

If    then

Select an option to see the answer and solution.

Chebyshev's theorem provides that atleast 89% of the values will lie within ±3 standard deviations from the mean for

Select an option to see the answer and solution.

Attributes of decision support system are

Select an option to see the answer and solution.

Match the items of List-I with those of List-II and choose the correct answer.
List-I List-II
a. The probability of two events occurring together or in succession 1. Marginal probability
b. The probability of occurring one event given that another event has occurred 2. Posterior probability
c. The probability of occurring a single event 3. Subjective probability
d. The probability revised in the light of additional information 4. Joint probability
5. Conditional probability

Select an option to see the answer and solution.

The value set of α is known as

Select an option to see the answer and solution.

The Management Information System applies on

Select an option to see the answer and solution.

Which of the following statements are not true with regard to questionnaire?

Select an option to see the answer and solution.

Let byx and bxy denote the regression coefficient of y and x on of x on y, respectively. Then, byx = bxy implies that

Select an option to see the answer and solution.

System analysis plays a central role in the development of

Select an option to see the answer and solution.

If p = 0.6 for a particular Bernoulli process, the calculation     indicates the probability of happening of

Select an option to see the answer and solution.

The goal of psychoanalysis is

Select an option to see the answer and solution.

Given,
This formula may be used in

Select an option to see the answer and solution.

Which of the following statement is/are correct?

Select an option to see the answer and solution.

The Enterprise Resource Planning (ERP) system deals

Select an option to see the answer and solution.

Sourcing of MIS includes

Select an option to see the answer and solution.

If A1, A2 . . . . . . . . An are 'n' mutually exclusive and exhaustive events and B is a common event, then Baye's theorem deals with

Select an option to see the answer and solution.

Match the following
List-I (Degree of correlation) List-II (Measurement)
a. Absence of correlation 1. +0.90 or More
b. Moderate 2. +1
c. Perfect 3. +0.60 to +0.75
d. Very high 4. 0

Select an option to see the answer and solution.

The following are the two statements relating to the theory of probability. Indicate the statements being correct or incorrect.
Statement I The probability of the joint occurrence of independent events A and B is equal to the probability of event A multiplied by the probability of event B or vice-versa.
Statement II The probability of the joint occurrence of independent event A and dependent event B is equal to the probability of event A multiplied by the conditionalprobability of event B when event A has occurredor vice-versa.

Select an option to see the answer and solution.

Benefits of Integrated Data Processing are

Select an option to see the answer and solution.

The role of the compiler is

Select an option to see the answer and solution.