145
90.6k

150+ Quantitative Techniques for Business Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Commerce (B Com) .

51.

In a regression line of Y on X, the variable X is known as ..................................

A. explanatory variable
B. independent variable
C. regressor
D. all the above
Answer» D. all the above
52.

The term regression was used firstly by .............................

A. prof. karl pearson
B. edward spearman
C. 0
D. none of these
Answer» C. 0
53.

If a constant 30 is subtracted from each of the value of X and Y , the regression coefficient is ..........................

A. reduced by 30
B. increased by 30
C. not changed
D. 1/30th of the original regression
Answer» C. not changed
54.

In .........................regression, only one independent variable is used to explain the dependent variable.

A. linear
B. multiple
C. scatter diagram
D. none of these
Answer» A. linear
55.

Regression lines are also called .........................

A. correlation graph
B. scatter diagram
C. scatter diagram
D. none of these
Answer» C. scatter diagram
56.

If the correlation between the two variables , X and Y is negative, the regression coefficient of Y on X is .............................

A. zero
B. positive
C. negative
D. not certain
Answer» C. negative
57.

The arithmetic mean of bxy and byx is ..........................

A. equal to one
B. greater than r
C. francis galton
D. none of these
Answer» B. greater than r
58.

The regression coefficient and correlation coefficient of two variables will be the same, if their .................... are same.

A. standard deviation
B. arithmetic mean
C. mean deviation
D. none of these
Answer» A. standard deviation
59.

If the sign of regression coefficient bxy is negative, then the sign of regression coefficient byx will be ........................

A. positive
B. negative
C. 0
D. none of these
Answer» B. negative
60.

The square root of coefficient of determination is ...................

A. coefficient of correlation
B. coefficient of regression
C. coefficient of variation
D. none of these
Answer» A. coefficient of correlation
61.

While analysing the relationship between variables, independent variable is also called..................................

A. explained variable
B. explanatory variable
C. variable
D. none of these
Answer» B. explanatory variable
62.

Dependent variable is also called ............................

A. explained variable
B. explanatory variable
C. 4.0
D. 0.4
Answer» A. explained variable
63.

If one regression coefficient is positive, the other is .......................

A. positive
B. negative
C. zero
D. 1
Answer» A. positive
64.

The arithmetic mean of bxy and byx is .............................

A. equal to 1
B. equal to 0
C. greater than r
D. less than r
Answer» C. greater than r
65.

.............................. refers to the chance of happening or not happening of an event.

A. regression
B. probability
C. correlation
D. none of these
Answer» B. probability
66.

The numerical value given to the likelyhood of the occurrence of an event is called................

A. correlation
B. regression
C. probability
D. none of these
Answer» C. probability
67.

Sample point is also called .........................

A. sample space
B. elementary outcome
C. probability
D. none of these
Answer» B. elementary outcome
68.

The result of a random experiment is called .................................

A. sample space
B. event
C. probability
D. none of these
Answer» B. event
69.

............................ has two or more outcomes which vary in an unpredictable manner from trial to trial when conducted under uniform conditions.

A. experiment
B. random experiment
C. probability
D. none of these
Answer» B. random experiment
70.

An event whose occurrence is inevitable is called ......................................

A. sure event
B. impossible event
C. uncertain event
D. none of these
Answer» A. sure event
71.

An event whose occurrence is impossible, is called ......................

A. sure event
B. impossible event
C. uncertain event
D. none of these
Answer» A. sure event
72.

An event whose occurrence is neither sure nor impossible, is called ...........................

A. sure event
B. impossible event
C. uncertain event
D. none of these
Answer» C. uncertain event
73.

A set of events are said to be ...................... , if the occurrence of one of them excludes the possibility of the occurrence of the other.

A. mutually exclusive
B. not mutually exclusive
C. independent
D. none of them
Answer» A. mutually exclusive
74.

....................... refers to the arrangement of objects in a definite order.

A. combination
B. permutation
C. independent
D. none of them
Answer» B. permutation
75.

Selection of objects without considering their order is called ...................................

A. combination
B. permutation 94. 12c12 = ................
C. independent
D. none of them
Answer» A. combination
76.

Classical probability is also called .........................

A. priori probability
B. mathematical probability
C. finite set
D. none of these
Answer» D. none of these
77.

The relative frequency approach is also called ................................

A. empirical approach
B. statistical probability
C. apsteriori probability
D. all the above
Answer» D. all the above
78.

When P(AUB) = P(A) + P(B), then A and B are .............................

A. dependent
B. independent
C. mutually exclusive
D. none of these
Answer» C. mutually exclusive
79.

When two events cannot occur together is called ........................

A. equally likely
B. mutually exclusive
C. random events
D. none of these
Answer» B. mutually exclusive
80.

If two sets have no common element, they are called ....................

A. subset
B. super set
C. disjoint set
D. equal set
Answer» C. disjoint set
81.

Two events are said to be ..................... , if any one of them cannot be expected to occur in preference to the other.

A. equally likely
B. mutually exclusive
C. dependent
D. none of them
Answer» A. equally likely
82.

Two events are said to be independent if ........................

A. there is no common point in between them
B. both the events have only one point
C. each outcome has equal chance of occurrence
D. one does not affect the occurrence of the other
Answer» D. one does not affect the occurrence of the other
83.

Probability of an event lies between ................................

A. +1 and -1
B. 0 and 1
C. 0 and -1
D. 0 and infinite
Answer» B. 0 and 1
84.

Probability of sample space of a random experiment is ............................

A. -1
B. 0
C. +1
D. between 0 and +1
Answer» C. +1
85.

In tossing a coin , getting head and getting tail are ............................................

A. mutually exclusive events
B. simple events
C. complementary events
D. all the above
Answer» A. mutually exclusive events
86.

If two events, A and B are mutually exclusive, then P(AUB) = .........................

A. p(a) + p(b)
B. p(a) + p(b) - p(a and b)
C. p(a) + p(b) + p(a and b)
D. none of these
Answer» A. p(a) + p(b)
87.

If two events, A and B are not mutually exclusive, the P(AUB) = ..................

A. p(a) + p(b)
B. p(a) + p(b) - p(a and b)
C. p(a) + p(b) + p(a and b)
D. none of these
Answer» B. p(a) + p(b) - p(a and b)
88.

An event consisting of those elements which are not in the given event is called.............

A. simple event
B. derived event
C. complementary event
D. none of these
Answer» C. complementary event
89.

The definition of priori probability was originally given by ............................

A. de-moivre
B. laplace
C. pierre de fermat
D. james bernoulli
Answer» B. laplace
90.

........................ refers to the totality of all the elementary outcomes of a random experiment.

A. sample point
B. sample space
C. simple event
D. none of these
Answer» B. sample space
91.

The sum of probabilities of all possible elementary outcomes of a random experiment is always equal to ...................

A. 0
B. 1
C. infinity
D. none of these
Answer» B. 1
92.

Chance for an event may be expressed as .................

A. percentage
B. proportion
C. infinity
D. none of these
Answer» D. none of these
93.

If it is known that an event A has occurred, the probability of an event B given A is called ............................

A. empirical probability
B. conditional probability
C. priori probability
D. posterior probability
Answer» B. conditional probability
94.

The mean of a binomial distribution is ...........................

A. np
B. npq
C. square root of npq
D. none of these
Answer» A. np
95.

Binomial distribution is a ................................ probability distribution

A. discrete
B. continuous
C. continuous distribution
D. none of these
Answer» A. discrete
96.

Binomial distribution is originated by ..................................

A. prof. karl pearson
B. simeon dennis poisson
C. james bernoulli
D. de-moivre
Answer» C. james bernoulli
97.

When probability is revised on the basis of all the available information, it is called .............

A. priori probability
B. posterior probability
C. continuous
D. none of these
Answer» B. posterior probability
98.

Baye’s theorem is based upon inverse probability.

A. yes
B. no
C. probability
D. none of these
Answer» A. yes
99.

Probability distribution is also called theoretical distribution.

A. yes
B. no
C. probability
D. none of these
Answer» A. yes
100.

The height of persons in a country is a .......................... random variable.

A. discrete
B. continuous
C. discrete as well as continuous
D. neither discrete nor continuous
Answer» B. continuous

Done Studing? Take A Test.

Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.