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Model - Question - Paper - QTM Quantatative

The document contains a model question paper for the Quantitative Techniques for Management course. It includes 20 multiple choice questions related to topics like statistics, probability, regression, index numbers, and time series analysis. The questions test concepts like measures of central tendency, dispersion, probability, regression coefficients, index number methods, time series components, and business cycle phases.

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Amanda Adriana Persaud
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53 views5 pages

Model - Question - Paper - QTM Quantatative

The document contains a model question paper for the Quantitative Techniques for Management course. It includes 20 multiple choice questions related to topics like statistics, probability, regression, index numbers, and time series analysis. The questions test concepts like measures of central tendency, dispersion, probability, regression coefficients, index number methods, time series components, and business cycle phases.

Uploaded by

Amanda Adriana Persaud
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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Model Question Paper

Course Name: Quantitative Techniques for Management

Which of the following statements is correct?

 Resources have alternative uses


 All numbers are statistics
 Macroeconomics studies large aggregates
 Statistics studies only the aggregate of quantitative facts.

Which one of these methods is the most expensive way to collect data per respondent?

 Online
 Personal
 Postal
 Phone

When data originally collected in the process of investigation is known as what kind of data?

 Primary data
 Secondary data
 Foreign data
 Third data

With the help of ogive curves which central tendency can be identified?

 Mean
 Median
 Mode
 Geometric mean

Which of the following statement is not correct?

 The bars in a histogram touch each other


 The bar in a column chart touch each other
 There are bar diagrams which are known as broken bar diagrams
 Multiple bar diagrams also exist

Which diagram is suitable when : there are a large number of values in an individual
series, preference for portraying the data goes to

 Bar diagram
 Column chart
 Line chart
 Scatter diagram

In case of odd number of observations, Which of the following describes median?

 Average of two middle values


 Simply the middle value
 Weighted average of two middle values
 Any of two middle most values

Shirt size of most of the people in India is No.40. Which measure of central value does it
represent?

 Mean
 Second quartile
 Eighth decile
 Mode

What is the mean of the 3,4,5,6,7?

 3
 4
 5
 6

The upper and lower quartiles of a distribution are 78rs and 49rs respectively. What is the
quartile deviation and the coefficient of quartile deviation?

 14.5 , 22.8
 15.5 ,22.8
 14.5 , 25
 14.5 , 8.6

What is the range of the following sales data 10,12,14,16,18,20?

 10
 -10
 20
 100

Which dispersion is also called as semi Inter Quartile range?

 Range
 Quartile deviation
 Mean deviation
 Standard deviation

What is the conditional probability of event A given event B has occurred?

 P(B/A) = P(AUB)/P(A)
 P(A/B) = P(A∩B)/P(B)
 P(B/A) = P(A∩B)/P(A)
 P(B/A) = P(A∩B)/P(A)

If two events A and B are independent, then P(A ∩ B) is equal to which of the given options?

 Equals to P(A) + P(B)


 Equals to P(A) × P(B)
 Equals to P(A) × P(B/A)
 Equals to P(B) × P(A/B)

What is the probability of getting Even number, while throwing a die?

 3-6
 1
 1-7
 1-8

In which of the following situations, Binomial distribution is not applicable?

 Sex of a new born baby


 Result in an examination
 Rating of a new movie
 Result of a tennis match

In normal distribution mean= 22 , what is median?

 20
 21
 22
 23

In which distribution Mean and Median are same?

 Binomial distribution
 Poisson distribution
 Normal distribution
 Bernoulli distribution

If r = -0.6 and one of the regression coefficients is -0.4, what is the value of the other
regression coefficient?

 0.4
 -0.4
 -0.9
 0.9

What do you mean by r=-1

 Perfect positive
 Perfect negative
 Positive
 High negative

In simple regression equation, how many variables are involved?

 1
 2
 3
 4

What would be the value of b when regression equation of Y on X is: Y = 15+ 0.7X?

 0.7
 15
 1
 0

What would be the value of r when both the b's are equal to 0.4?

 0.4
 0.16
 -0.4
 -0.16

If r = 0.4 and one of the regression coefficients is 0.2, what is the value of the other
regression coefficient?

 0.2
 -0.2
 -0.8
 0.8

What can be said about the index numbers?

 It is an average
 It is a correlation
 It is variation
 It is average deviation

Which of the following is the use of index numbers?

 Forecasting
 Fixed prices
 Different prices
 Constant prices

Which method uses current year quantity weights?

 Laspeyres
 Paasche
 Fisher
 Kelly

What do you call an orderly set of data arranged in accordance with their time of
occurrence?

 Arithmetic series
 Time series
 Geometric series
 Harmonic series

What is the difference between the actual value of the time series and the forecasted value
called?

 Residual
 Sum of variation
 Sum of squares of residual
 Sum of means

What do you call the stage when the production of a thing is maximum?

 Recovery
 Recession
 Boom
 Depression

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