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260+ Quantitative Techniques Solved MCQs

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

1.

The techniques which provide the decision maker a systematic and powerful means of analysis to explore policies for achieving predetermined goals are called..........................

A. Correlation techniques
B. Mathematical techniques
C. Quantitative techniques
D. None of the above
Answer» C. Quantitative techniques
2.

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

A. Univariate analysis
B. Bivariate analysis
C. Multivariate analysis
D. Both b and c
Answer» D. Both b and c
3.

If change in one variable results a corresponding change in the other variable, then the variables are.........................

A. Correlated
B. Not correlated
C. Any of the above
D. None of the above
Answer» A. Correlated
4.

When the values of two variables move in the same direction, correlation is said to be ............................

A. Linear
B. Non-linear
C. Positive
D. Negative
Answer» C. Positive
5.

When the values of two variables move in the opposite directions, correlation is said to be ............................

A. Linear
B. Non-linear
C. Positive
D. Negative
Answer» D. Negative
6.

When the amount of change in one variable leads to a constant ratio of change in the other variable, then correlation is said to be .........................

A. Linear
B. Non-linear
C. Positive
D. Negative
Answer» A. Linear
7.

...........................attempts to determine the degree of relationship between variables.

A. Regression analysis
B. Correlation analysis
C. Inferential analysis
D. None of these
Answer» B. Correlation analysis
8.

Non-linear correlation is also called.....................................

A. Non-curvy linear correlation
B. Curvy linear correlation
C. Zero correlation
D. None of these
Answer» B. Curvy linear correlation
9.

Scatter diagram is also called ......................

A. Dot chart
B. Correlation graph
C. Both a and b
D. None of these
Answer» A. Dot chart
10.

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
11.

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

A. Zero correlation
B. High degree of positive correlation
C. Perfect negative correlation
D. Perfect positive correlation
Answer» D. Perfect positive correlation
12.

Numerical measure of correlation is called .....................

A. Coefficient of correlation
B. Coefficient of determination
C. Coefficient of non-determination
D. Coefficient of regression
Answer» A. Coefficient of correlation
13.

Coefficient of correlation explains:

A. Concentration
B. Relation
C. Dispersion
D. Asymmetry
Answer» B. Relation
14.

Coefficient of correlation lies between:

A. 0 and +1
B. 0 and –1
C. –1 and +1
D. – 3 and +3
Answer» C. –1 and +1
15.

A high degree of +ve correlation between availability of rainfall and weight of weight of people is:

A. A meaningless correlation
B. A spurious correlation
C. A nonsense correlation
D. All of the above
Answer» D. All of the above
16.

If the ratio of change in one variable is equal to the ratio of change in the other variable, then the correlation is said to be .....................

A. Linear
B. Non-linear
C. Curvilinear
D. None of these
Answer» A. Linear
17.

Pearsonian correlation coefficient if denoted by the symbol ...............

A. K
B. r
C. R
D. None of these
Answer» C. R
18.

If r= +1, the correlation is said to be ...................

A. High degree of +ve correlation
B. High degree of –ve correlation
C. Perfect +ve correlation
D. Perfect –ve correlation
Answer» C. Perfect +ve correlation
19.

If the dots in a scatter diagram fall on a narrow band, it indicates a ....................... degree of correlation.

A. Zero
B. High
C. Low
D. None of these
Answer» B. High
20.

If all the points of a dot chart lie on a straight line vertical to the X-axis, then coefficient of correlation is ...................

A. 0
B. +1
C. –1
D. None of these
Answer» A. 0
21.

If all the points of a dot chart lie on a straight line parallel to the X-axis, it denotes .................................of correlation.

A. High degree
B. Low degree
C. Moderate degree
D. Absence
Answer» D. Absence
22.

If dots are lying on a scatter diagram in a haphazard manner, then r = ......................

A. 0
B. +1
C. –1
D. None of these
Answer» A. 0
23.

The unit of Coefficient of correlation is ........................

A. Percentage
B. Ratio
C. Same unit of the data
D. No unit
Answer» D. No unit
24.

Product moment correlation method is also called ........................

A. Rank correlation
B. Pearsonian correlation
C. Concurrent deviation
D. None of these
Answer» B. Pearsonian correlation
25.

The –ve sign of correlation coefficient between X and Y indicates.............................

A. X decreasing, Y increasing
B. X increasing, Y decreasing
C. Any of the above
D. There is no change in X and Y
Answer» C. Any of the above
26.

Coefficient of correlation explains .................... of the relationship between two variables.

A. Degree
B. Direction
C. Both of the above
D. None of the above
Answer» C. Both of the above
27.

For perfect correlation, the coefficient of correlation should be ..........................

A. ± 1
B. + 1
C. – 1
D. 0
Answer» A. ± 1
28.

Rank correlation coefficient was discovered by....................................

A. Fisher
B. Spearman
C. Karl Pearson
D. Bowley
Answer» B. Spearman
29.

The rank correlation coefficient is always............................

A. + 1
B. – 1
C. 0
D. Between + 1 and – 1
Answer» D. Between + 1 and – 1
30.

Spearman’s Rank Correlation Coefficient is usually denoted by....................

A. K
B. r
C. S
D. R
Answer» D. R
31.

Probable error is used to:

A. Test the reliability of correlation coefficient
B. Measure the error in correlation coefficient
C. Both a an b
D. None of these
Answer» A. Test the reliability of correlation coefficient
32.

If coefficient of correlation is more than ................of its P E, correlation is significant.

A. 2 times
B. 5 times
C. 6 times
D. 10 times
Answer» C. 6 times
33.

In correlation analysis, Probable Error = ........................ x 0.6745

A. Standard deviation
B. Standard error
C. Coefficient of correlation
D. None of these
Answer» B. Standard error
34.

Coefficient of concurrent deviation depends on .......................

A. The signs of the deviations
B. The magnitude of the deviations
C. Bothe a and b
D. None of these
Answer» A. The signs of the deviations
35.

Correlation analysis between two sets of data only is called....................

A. Partial correlation
B. Multiple correlation
C. Nonsense correlation
D. Simple correlation
Answer» D. Simple correlation
36.

Correlation analysis between one dependent variable with one independent variable by keeping the other independent variables as constant is called......................

A. Partial correlation
B. Multiple correlation
C. Nonsense correlation
D. Simple correlation
Answer» A. Partial correlation
37.

Study of correlation among three or more variables simultaneously is called.............

A. Partial correlation
B. Multiple correlation
C. Nonsense correlation
D. Simple correlation
Answer» B. Multiple correlation
38.

If r = 0.8, coefficient of determination is.....................................

A. 80%
B. 8%
C. 64%
D. 0.8%
Answer» C. 64%
39.

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
40.

If r is the simple correlation coefficient, the quantity 1 -- r2 is known as ...................

A. Coefficient of determination
B. Coefficient of non-determination
C. Coefficient of alienation
D. None of these
Answer» B. Coefficient of non-determination
41.

The term regression was first used by..........................

A. Karl Pearson
B. Spearman
C. R A Fisher
D. Francis Galton
Answer» D. Francis Galton
42.

....................refers to analysis of average relationship between two variables to provide mechanism for prediction.

A. Correlation
B. Regression
C. Standard error
D. None of these
Answer» B. Regression
43.

If there are two variables, there can be at most ........................ number of regression lines.

A. One
B. Two
C. Three
D. Infinite
Answer» B. Two
44.

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
45.

Regression line is also called.................................

A. Estimating equation
B. Prediction equation
C. Line of average relationship
D. All the above
Answer» D. All the above
46.

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

A. Dependent variable
B. Explained variable
C. Both a and b
D. Regressor
Answer» C. Both a and b
47.

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

A. Dependent variable
B. Independent variable
C. Bothe a and b
D. None of the above
Answer» A. Dependent variable
48.

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

A. Dependent variable
B. Independent variable
C. Both a and b
D. None of the above
Answer» B. Independent variable
49.

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)
50.

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

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

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