Business Statistics Question Answer MBA First Semester-1
Business Statistics Question Answer MBA First Semester-1
2021
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Ans- hypothesis
___ Is just another team for variance that is used in the analysis of
variance
Ans- means
Ans- Chisquare
Ans- 18
Ans- t distribution
Ans- 1.328
normal distribution
:
chi square test is extended to compare more than two ___
independent
On which of the following does the critical value for a chi-square static
rely.
Normality.
0.26
1. none of these
1.587
:
In a two-tail test for the population mean, if the null hypothesis is
reject
the proportion of data items with values less than or equal to the upper
limit of each class.
Z value
in Hypothesis testing if the null hypothesis has been rejected when the
alternative is true
Normality
All of these
class width
:
For a one-tailed test (upper tail), a sample size of 18 at 95%
confidence, t =
1.74
Mean square
T-test
a population parameter
t-test
Inverse method
-2.45
:
if you assume that difference scores are randomly and independently
selected from a
which test will you use if you have a numerical variable and related
samples?
paired t-test
(c-1) and (n – c )
Children can learn a second language faster before the age of 7. This
statement is_____
A one-tailed hypothesis
Hypothesis
1.316
:
Poisson distribution is applied for _________
1.48
continous variation
Null Hypothesis
Normality
Vector
A.
trend line
it will be inefficient
crosstabulation
Interval estimate
Frequencies
Data that provide labels or names for categories of like items are
known as
Qualitative
none of these
:
For a one-tailed test (upper tail), a sample size of 22 at 95%
confidence, t =
-1.717
becomes narrower
which test will you use if you have a numerical variable and
paired t-test
The p–value
is a probability
LIN are
Linearity
2.41
:
Which of the following is not an assumption for simple linear
regression?
Multicollinearity
decreases
F – Distribution
-1.53
_______ test would test whether the population mean is less than a
specific value.
both of these
4/3
0.16
A.4560
How many lamps will fail between 950 and 1000 hrs.
1250
:
Given the same mean life, what would the standard deviation
100
both of these
Homogeneity of Variance
decreases
None of these
0.0124
Precision
A frequency distribution is
in anova with 4 groups and a total sample size of 44 Greater than 0.05
:
in a sample of 500 voters, 400 indicated they favour the incumbent
governor.The 95% confidence interval of voters not favouring the
incumbent is 0.165 to 0.235
1. Arlingtons scenario
2. Dcova
3. Pool variance T test
4. None of these
1. -1.27
2. -1.53
3. -1.96
4. -1.64
1. Significance
2. Degree of association
Confidence level
1. Precision
1. 4772
2. 0228
3. 0056
4. 0228
Chi square test statistic is equal to the square difference between the
___ and ___ frequency(65)
1. Observed
2. Expected
3. Both of these
4. None of these
1. Continuous models
2. Discrete models
3. Both of these
4. None of these
:
When a data value in one sample is matched with a corresponding
data value in another sample.
1. Corresponding samples
2. Matched samples
3. Independent samples
4. None of these alternative is correct
1. Decreased
2. Remain unchanged
3. Increased
4. Can increase or decrease depending upon the data value
1. Poisson distribution
2. T distribution with 60 degree of freedom
3. T distribution with 59 degree of freedom
4. T distribution with 58 degree of freedom
A frequency distribution is
1. 0.025
2. 0.06
3. 0.02
4. 0.04
The p-Value
is a probability
The Null Hypothesis uses ——— and the alternative hypothesis never
uses an
equal sign
After computing a confidence interval, the user believes the results are
meaningless because the width
independent
The sum of relative frequencies for all classes will always equal
one
Independence of errors
Alternative Hypothesis
Independence
is (1 – confidence level)
:
Which of the following best describes the form of sampling distribution
of the sample proportion?
inanova with 4 groups and a total sample size of 44Greater than 0.05
categorical variable
discrete variable <<
continuous variable
statistic
1. continuous variable
2. categorical variable
3. table of random numbers
:
1. Referring to Scenario 1-1, the possible responses to the question
“Are you happy, indifferent, or unhappy with the performance per
dollar spent on the Blu-ray player?” are values from
1. A type of vertical bar chart in which the categories are plotted in the
descending rank order of the magnitude of their frequencies is called
a a. contingency table
1. frequency histograms
2. percentage polygons <<
3. cumulative percentage polygon (ogives)
4. All of the above
1. A Pareto chart
2. A two-way classification table
3. A histogram
4. A time-series plot <<
1. A pie chart
2. A Pareto chart
3. A side-by-side bar chart
4. A histogram <<
1. A pie chart
2. A Pareto chart
3. A percentage table
4. A percentage polygon <<
1. A pie chart
2. A Pareto chart
3. A stem-and-leaf display <<
4. A contingency table
:
1. A survey of 150 executives were asked what they think is the most
common mistake candidates make during job interviews. Six
different mistakes were given. Which of the following is the best for
presenting the information?
1. In a right-skewed distribution
2. the median equals the arithmetic mean
3. the median is less than the arithmetic mean
4. the median is greater than the arithmetic mean
5. none of the above
:
1. Which of the following statements about the median is not true?
2. It is more affected by extreme values than the arithmetic
mean
3. It is a measure of central tendency
4. It is equal to Q2
5. It is equal to the mode in bell-shaped “normal” distributions
1. If two events are mutually exclusive, what is the probability that one
or the other occurs?
2. 0 b. 0.50
3. 1.00 d. Cannot be determined from the information given
A occurs?
1. 0 b. 0.50
2. 1.00 d. Cannot be determined from the information given
1. A lab orders 100 rats a week for each of the 52 weeks in the year for
experiments that the lab conducts. Suppose the mean cost of rats
used in lab experiments turned out to be $13.00 per week. Interpret
this value
2. Most of the weeks resulted in rat costs of $13.00
3. The median cost for the distribution of rat costs is $13.00
4. The expected or mean cost for all weekly rat purchases is
$13.00
5. The rat cost that occurs more often than any other is $13.00
True
1. In a binomial distribution
2. the variable X is continuous
3. the probability of event of interest is stable from trial to trial
4. the number of trials n must be at least 30
5. the results of one trial are dependent on the results of the other
trials
:
1. Whenever π = 0.5, the binomial distribution will
2. always be symmetric
3. be symmetric only if n is large
4. be right-skewed
5. be left-skewed
incorrect?
True
1. True or False: For all two-sample tests, the sample sizes must be
equal in the two groups.
1. True or False: When the sample sizes are equal, the pooled variance
of the two groups is the average of the 2 sample variances.
1. If two events are mutually exclusive, what is the probability that one
or the other occurs?
2. 0 b. 0.50
3. 1.00 d. Cannot be determined from the information given
A occurs?
1. 0 b. 0.50
2. 1.00 d. Cannot be determined from the information given
s12 = 4 s22 = 6
n1 = 16 n2 = 25
1. sp2 = 6.00
2. sp2 = 5.00
3. sp2 = 5.23
4. sp2 = 4.00
1. In a one-way ANOVA
2. an interaction term is present
3. an interaction effect can be tested
4. there is no interaction term
5. the interaction term has (c – 1)(n – 1) degrees of freedom
1. True or False: When the F test is used for ANOVA, the rejection
region is always in the right tail
1. True or False: A test for the difference between two proportions can
be performed using the chi- square distribution.
1. True or False: A test for whether one proportion is higher than the
other can be performed using the chi-square distribution.
1. How many types are used for the calculation of weighted aggregate
price index numbers?
2. 7 b. 4
3. 5 d. 6
1. Null hypothesis
2. Alternate hypothesis
Normal Distribution
1. None of these
1. Significance
2. Degree of association
Confidence level
Precision
Which test will you use if you have a numerical variable and related
sample(55)
1. Paired T test
2. Z-test
F-test
1. All of these
1. All of above
1. 100
In a two tail test for the population mean , if the null hypothesis is
rejected when the alternate is true
Test would test whether the population is less than specific value(54)
Both of these
1. None of these
1. The value of the outcome when all of the predictors are zero
2. The relationship between a predictor and the outcome variable
3. The value of the outcome when the predictor variable is zero
4. The gradient of the regression line
1. Normalities
2. Independence
3. Plotting the residuals in the order or sequence in which the data
were collected
4. None of these
Chi square test statistic is equal to the square difference between the
___ and ___ frequency(65)
1. Observed
2. Expected
3. Both of these
4. None of these
1. Confidence level
2. Interval estimate
3. Parameter value
4. Population estimate
1. Symmetrical
2. Skewed to the left
3. Skewed to the right
4. None of these alternate is correct
1. Corresponding samples
2. Matched samples
3. Independent samples
4. None of these alternative is correct
1. Decreased
2. Remain unchanged
3. Increased
1. 04 to 110.96 hrs
2. 36 to 10.64
3. 80 to 10.20
4. 74 to 9.26
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