Business Statistics And Research Methods - Study Mode

[#611] The value of third quartile will be equal to
Correct Answer

(C) 75 th decile

[#612] Calculate the value of variance if median = 23, mode = 29 and coefficient of variation is 50%.
Correct Answer

(A) 100

[#613] Match the items of List-II with the items of List-I and select the option of correct matching. List-I List-II a. Standard error of mean 1. Ha: > 100 b. Base of point estimate of the mean of the population 2. Values based on all the observations of the population c. Non-specific hypothesis 3. Mean of the sampling distribution of mean d. Parameter value of descriptive statistics 4. Standard deviation of the sampling distribution of mean
Correct Answer

(A) a-4, b-3, c-1, d-2

[#614] Which one of the following statements is the correct interpretation of P-value ofless than 0.01 in hypothesis testing?
Correct Answer

(A) There is overwhelming evidence to infer that the alternative hypothesis is true

[#615] The standard error of the mean:
Correct Answer

(D) all of the above