Business Statistics And Research Methods - Study Mode

[#681] If sum of the product of deviations of x and y series from their means, i.e., Σxy is zero, the coefficient of correlation shall be
Correct Answer

(B) 0

[#682] Consider the following statements. Assertion (A): A reasonably sized sample drawn randomly from large sized population contains almost all the characteristics which exist in the population. Reason (R): The theory of sampling is based on the two important laws of statistics, viz., Law of statistical regularity and law of inertia of large numbers.
Correct Answer

(A) Both (A) and (R) are correct and (R) is the complete explanation of (A)

[#683] Probable error in statistics is obtained by
Correct Answer

(C) $$0.6745frac{{1 - {r^2}}}{{sqrt N }}$$

[#684] When a researcher uses a telephone directory to select the respondents for a opinion poll, he is following . . . . . . . .
Correct Answer

(B) convenience sampling

[#685] Study the following information: Covariance between X and Y series = -17.8 Standard deviation of X series = 6.6 Standard deviation of Y series = 4.2 Number of pairs of observation = 20 The coefficient of correlation is
Correct Answer

(A) -0.642