Business Statistics And Research Methods - Study Mode

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[#1046] If the dispersion is small, the standard deviation is:

(A) Large

(B) Zero

(C) Small

(D) Negative

Correct Answer

(C) Small

[#1047] The process of thoroughly checking the collected data to ensure optimal quality level is referred to as

(A) Validation

(B) Editing

(C) Classification

(D) Entry

Correct Answer

(B) Editing

[#1048] Sample design involves which of the following? 1. Sampling unit 2. Size of samples 3. Type of universe 4. Source list 5. Sampling procedure

(A) 1, 2, 3, 4, 5

(B) 3, 4, 1, 2, 5

(C) 3, 1, 4, 2, 5

(D) 3, 5, 1, 4, 2

Correct Answer

(C) 3, 1, 4, 2, 5

[#1049] The value we would predict for the dependent variable when the independent variables are all equal to zero is called:

(A) Slope

(B) Sum of residual

(C) Intercept

(D) Difficult to tell

Correct Answer

(C) Intercept

[#1050] With reference to the value of Q 3 which of the following statement is/are correct? (1) 1.5 of mean $$left( {overline X }
ight)$$ (2) 75 th percentile Choose the correct answer from the options give below

(A) Only 1

(B) Only 2

(C) Both 1 and 2

(D) Neither 1 nor 2

Correct Answer

(B) Only 2