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Question Text: Clear My Choice

These questions are multiple choice questions about statistical concepts, data analysis techniques, and tools like Excel and R. The questions cover topics like scatterplots, correlation, linear regression, reading data files in R, functions in Excel, and interpreting regression outputs.

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0% found this document useful (0 votes)
64 views13 pages

Question Text: Clear My Choice

These questions are multiple choice questions about statistical concepts, data analysis techniques, and tools like Excel and R. The questions cover topics like scatterplots, correlation, linear regression, reading data files in R, functions in Excel, and interpreting regression outputs.

Uploaded by

Blaze Learning
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Question 2

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The weakness of scatterplots is that they


Select one:
a. do not help identify linear relationships.
b. can be misleading about the types of relationships they indicate.
c. only help identify outliers.
d. do not actually quantify the relationships between variables.
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Which of the following R command will you use to determine strength of relationship
between two variables sales amount and advertisement spend from the R-Console?
Select one:
a. mean and boxplot
b. mean and standard deviation
c. correlation and scatterplot
d. correlation and cosine
e. mean, median and standard deviation
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What is correct sequence in Excel to create a bar graph?


Select one:
a. Tools -> Chart
b. Edit -> Chart
c. Format -> Chart
d. Insert -> Chart
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If you have a vector stored as A in R, then A[-1] would result in?


Select one:
a. All the elements replaced by -1
b. None of the options
c. All the elements except the first item in the vector
d. First element replaced by -1
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Which of the following KPIs can be used by a cricket academy based in Sydney,
Australia to select baller with excellent fielding capabilities?
Select one:
a. Batting average, number of wickets taken per match
b. Average number of wickets taken per match
c. Number of wickets taken per match, average catches per match
d. Batting average per match, ratio of runs per wicket, average catches per match
e. Total runs scored, total wickets taken, total catches taken
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Which of the following R commands will you use to open comma delimited text file from
R-console?
Select one:
a. read.data(file.choose( ))
b. read.csv(file.choose( ))
c. read.table(file.choose( ), header = T, “\t”)
d. read.table(file.choose( ), header = T, “\n”)
e. read.data(file.choose(), header = T, “t”)
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In a simple linear regression model, if we change the independent variable by 1 unit.


How much change will occur in the dependent variable?
Select one:
a. No change
b. By 1
c. By Intercept
d. By slope
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If the slope of the regression equation Y=a + b X is positive, it means that:


Select one:
a. As X increases, so does Y
b. No relationship between X and Y
c. As X decreases, Y increases
d. As X increases, Y decreases
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Which of the following statistical term helps us to understand the nature of relationship
between two numeric variables during analysis?
Select one:
a. skewness
b. correlation
c. mean
d. kurtosis
e. median
Question 11
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Which of these is not a valid function in Excel ?


Select one:
a. MAX
b. SUM
c. MIN
d. RANGE
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What does a beta of 0.578 mean in a simple linear regression model?


Select one:
a. Means that for every unit increase in independent variable, dependent variable
increases by 0.578 units
b. That the correlation is significant
c. Means that for every unit increase in dependent variable, independent variable
increases by 0.578 units
d. That the regression is not significant
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Which type of chart is not possible in Excel?


Select one:
a. Violin chart
b. Waterfall chart
c. Surface chart
d. Treemap chart
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Which category of functions is used to calculate depreciation, rates of return and loan
payment amounts?
Select one:
a. Financial
b. Logical
c. Statistical
d. Math & Trigonometry
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If the coefficient of correlation is a positive value, then the regression equation
Select one:
a. Must have a positive y intercept
b. Must have a positive slope
c. Could have either a positive or a negative slope
d. Must have a negative slope
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Which of the following command is correct to find position of missing values in a vector
v1?
Select one:
a. which(v1==NA)
b. which(is.na(v1)=="NA")
c. which(is.na(v1))
d. which(v1=="NA")
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In regression analysis, the variable that is being predicted is the


Select one:
a. Intervening variable
b. Response, or dependent, variable
c. Independent variable
d. Is usually ‘X’
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For a data-frame named as “data1” which of the following command in R is used to load
the column names of the data-table in the memory
Select one:
a. names(data1)
b. load(data1)
c. detach(data1)
d. attach(data1)
e. dim(data1)
Clear my choice

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Which of the following Excel function will return the highest number in a series of
number?
Select one:
a. MAXIMUM(K1:K10)
b. HIGHEST(K1:K10)
c. HIGH(K1:K10)
d. MAX(K1:K10)
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When historical data is used to better understand the changes that have occurred in the
business and use it draw comparisons is an example of
Select one:
a. None of the options
b. Descriptive analytics
c. Predictive analytics
d. Prescriptive analytics

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Which of the following system will not be holding OLTP data:


Select one:
a. Payroll system at a large university which maintains employee payroll records
b. ERP system at distribution company AMUL
c. POS system at retailer Reliance
d. Production planning system at Siemens Washing machine manufacturing plant
e. Inventory Management system at an automobile company Tata Motors
Clear my choice
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This type of chart helps us to understand proportion of different categories visually


Select one:
a. Bar-plot
b. Histogram
c. Boxplot
d. Pie-Chart
e. Scatterplot
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Shane wants to use a Excel function that will return a value of 17. Which of the following
functions is correct?
Select one:
a. ROUNDING(16.4999, 0)
b. ROUNDABOVE(16.4999, 0)
c. ROUNDUP(16.4999, 0)
d. ROUNDMORE(16.4999, 0)
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A residual is defined as
Select one:
a. The difference between the actual Y values and the mean of Y
b. The difference between the actual Y values and the predicted Y values
c. The predicted value of Y for the average X value
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Analyst Joe has collected data from the marketing division of the company for past 3
years and analysed it using regression with sales revenue as dependent variable and
others as independent variables. The output of regression is R-Square is 0.6012,
intercept is 27.58 and coefficient for amount spent on advertisement is 0.2931 and
coefficient for hours spent in promotions is 0.2091. Which of the following is the correct
equation for this outcome from the regression?
Select one:
a. sales revenue = (amount spent on advertisement) + (hours spent in promotions) +
27.58
b. sales revenue = 0.2931 X (amount spent on advertisement) + 0.2091 X (hours spent
in promotions) + 27.58
c. sales revenue = 0.2931 X (amount spent on advertisement) + 0.2091 X (hours spent
in promotions)
d. sales revenue = 0.2931 X (amount spent on advertisement) + 27.58 X (hours spent in
promotions) + 0.2091
e. sales revenue = 0.2091 X (amount spent on advertisement) + 0.2931 X (hours spent
in promotions) + 27.58
Clear my choice
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Which of the following is a characteristic of an OLAP system?


Select one:
a. System consists of several tables
b. Source of data is operational or transactional data
c. We can run queries on the database
d. Frequent updates and inserts
e. Highly normalized database
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A scatterplot that appears as a shapeless mass of data points indicates _____


relationship among the variables.
Select one:
a. a nonlinear
b. no
c. a linear
d. a curved
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Question 28
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MS Excel is a
Select one:
a. Presentation Program
b. Programming Language
c. Spreadsheet Program
d. Database
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Which of the following methods do we use to find the best-fit line for data in linear
regression?
Select one:
a. Exponential method
b. Least squares method
c. Maximum likelihood
d. Logarithmic loss
Clear my choice

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Mike has defined a vector as w <- c(0.078828,0.078531,0.078431,0.078063,0.078069,


0.078125,0.078827). What would be the output of the command range(w) ?
Select one:
a. 0.078063, 0.078828
b. 0.078431, 0.078818
c. 0.078069, 0.078531
d. 0.078531, 0.078827

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