Business Statistics And Research Methods - Study Mode

[#111] Consider the following information. Commodity Price in 2015 (Rs.) Price in 2016 (Rs.) A 50 70 B 40 60 C 80 90 D 110 120 E 20 20 If we go on constructing an index number for the year 2016, taking year 2015 as base, what will be the value?
Correct Answer

(D) 120

[#112] Questionnaire is a:
Correct Answer

(C) Tool for data collection

[#113] If a construction company claims that 40% of all residences being built are 2 bedroom homes, the null hypothesis is
Correct Answer

(A) H 0 /P = 0.4

[#114] Monthly expenditure of five persons in rupees are 132, 140, 144, 136 and 138. What will be its arithmetic mean?
Correct Answer

(A) Rs. 138

[#115] Poisson distribution is applied for:
Correct Answer

(B) Discrete Random Variable