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

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51.

Following are the Relative measures of dispersion except

A. Co-efficient of Mean deviation
B. Standard deviation
C. Co-efficient of Range
D. Co-efficient of Quartile deviation
Answer» B. Standard deviation
52.

For a symmetrical distribution Q1=25, Q3=45, the median is

A. 20
B. 25
C. 35
D. None of these
Answer» C. 35
53.

The coefficient of variation cannot be meaningfully used to compare the variability of two or more sets of data, when

A. The standard deviation is zero for one or more sets of data
B. The standard deviation is 1 for one or more sets of data
C. The mean is zero for one or more sets of data
D. The mean is 1 for one or more sets of data
Answer» C. The mean is zero for one or more sets of data
54.

Standard deviation is always computed from

A. Mean
B. Median
C. Mode
D. geometric mean
Answer» A. Mean
55.

Which of the following is true, if there is no dispersion in a data set:

A. All the mathematical and positional averages are equal.
B. All the mathematical averages are equal but the positional averages are not equal
C. All the mathematical averages are equal to zero
D. None of these
Answer» A. All the mathematical and positional averages are equal.
56.

For a distribution of data, if the arithmetic mean> median>mode, then which of the following is true?

A. The distribution is symmetrical
B. The distribution is positively skewed
C. The distribution is negatively skewed
D. None of these
Answer» B. The distribution is positively skewed
57.

Correlation analysis is a ..............................

A. Univariate analysis
B. Bivariate analysis
C. Multivariate analysis
D. Both Bivariate and Multivariate analysis
Answer» D. Both Bivariate and Multivariate analysis
58.

If one of the regression coefficients is greater than unity, the other must be:

A. More than Unity
B. Less than Unity
C. Unity
D. all
Answer» B. Less than Unity
59.

If all the points of a scatter diagram lie on a straight line falling from left upper corner to the right bottom corner, the correlation is called...................

A. Zero correlation
B. High degree of positive correlation
C. Perfect negative correlation
D. Perfect positive correlation
Answer» C. Perfect negative correlation
60.

The rank correlation coefficient was discovered by....................................

A. Fisher
B. Spearman
C. Karl Pearson
D. Bowley
Answer» B. Spearman
61.

If the regression line is Y on X, then the variable X is known as..........................

A. Independent variable
B. Explanatory variable
C. Regressor
D. All the above
Answer» D. All the above
62.

The point of intersection of two regression lines is..........................

A. (0,0)
B. (1,1)
C. (x,y)
D. (x̄, ӯ)
Answer» D. (x̄, ӯ)
63.

If r = ± 1, the two regression lines are...............................

A. Coincident
B. Parallel
C. Perpendicular to each other
D. None of these
Answer» A. Coincident
64.

If bxy and byx are two regression coefficients, they have:

A. Same signs
B. Opposite signs
C. Either a or b
D. None of the above.
Answer» A. Same signs
65.

The Correlation coefficient between two variables is the………………..of their regression coefficients.

A. Arithmetic mean
B. Geometric mean
C. Harmonic mean
D. None of these
Answer» B. Geometric mean
66.

The percent of the total variation of the dependent variable Y explained by the set of independent variables X is measured by:

A. Coefficient of Correlation
B. Coefficient of Skewness
C. Coefficient of Determination
D. Standard error
Answer» C. Coefficient of Determination
67.

The value of the correlation coefficient lies between

A. -1 and +1
B. -1 and 0
C. 0 and 1
D. None
Answer» A. -1 and +1
68.

A Scatter diagram is considered for measuring

A. Linear relationship between two variables
B. Curvilinear relationship between two variables
C. Neither a or b
D. Both a and b
Answer» D. Both a and b
69.

The maximum value of the Rank Correlation coefficient is

A. +1
B. -1
C. 0
D. None of these
Answer» A. +1
70.

What is the purpose of a simple linear regression?

A. To predict scores on a dependent variable from scores on a single independent variable
B. To predict scores on an independent variable from scores on multiple dependent variables
C. To predict scores on a dependent variable from scores on multiple independent variables
D. None of Above
Answer» A. To predict scores on a dependent variable from scores on a single independent variable
71.

If r is the simple correlation coefficient, the quantity 𝑟2 is known as ...................

A. Coefficient of determination
B. Coefficient of non-determination
C. Coefficient of alienation
D. None of these
Answer» A. Coefficient of determination
72.

Asimpleindexnumberis anumberthatmeasures arelativechangein ?

A. group of variable with respect to a base
B. single variable with respect to a base
C. Both A &B
D. None of theabove
Answer» B. single variable with respect to a base
73.

Which index number is called as ideal index number.

A. Lasperys
B. Paasches
C. Fisher
D. None of Above
Answer» C. Fisher
74.

Secular trend can be measured by:

A. Two methods
B. Three methods
C. Four methods
D. Five methods
Answer» C. Four methods
75.

Fishers price index number is the -------

A. A.M. of Lasperys and Paasches.
B. G.M. of Lasperys and Paasches.
C. Difference between Lasperys and Paasches
D. None of the above.
Answer» B. G.M. of Lasperys and Paasches.
76.

Relative Method is further divided into how many types?

A. One
B. two
C. None of the above
D. All of the Above.
Answer» B. two
77.

In Price Index Numbers prices can either be ?

A. Retail
B. wholesale
C. Both I and II
D. None of the above.
Answer» C. Both I and II
78.

While computing a weighted index, the current period quantities are used in the:

A. Laspeyre's method
B. Paasche's method
C. Marshall Edgeworth method
D. Fisher's ideal method
Answer» B. Paasche's method
79.

………….is a point of reference in comparing various data describing individual behaviour.

A. Sample
B. Base period
C. Estimation
D. None
Answer» B. Base period
80.

Wheat crops badly damaged on account of rains is:

A. Cyclical movement
B. Random movement
C. Secular trend
D. Seasonal movement
Answer» B. Random movement
81.

A complete business cycle consists of a period of:

A. Prosperity
B. Recession
C. Both prosperity and recession
D. none of the above
Answer» C. Both prosperity and recession
82.

Which of the following can’t be a component for a time series plot?

A. Seasonality
B. Trend
C. Cyclical
D. Noise
E. None of the above
Answer» E. None of the above
83.

The additive and multiplicative time series models are:

A. Y = T + S + C + I and Y = TSCI respectively
B. Y = TSCI and Y = T + S + C + I
C. none of these
D. all
Answer» A. Y = T + S + C + I and Y = TSCI respectively
84.

Value of b in the trend line Y = a + bX is:

A. Always positive
B. Always negative
C. Both positive or negative
D. None of these
Answer» C. Both positive or negative
85.

In a straight line equation Y = a + bX; a and b are respectively:

A. X-intercept and slope
B. Y intercept and slope
C. can't determined
D. all
Answer» B. Y intercept and slope
86.

A time series consists of:

A. Short-term variations
B. Irregular variations
C. Long-term variations
D. All of the above
Answer» D. All of the above

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