is the mean of inverse values. Select correct option: Harmonic mean Geometric mean Arithmetic mean Midhing In EXCEL use the …………….function to calculate correlation Select correct option: COREL CORREL CORRELE CORRELATION A line graph shows ……… plotted on a graph. Select correct option: Points Picturs Lines Sectors The middle value of an ordered array of numbers is the Select correct option: mean median mode midpoint The coefficient of variation for a set of annual incomes is 18%; the coefficient of variation for the length of service with the company is 29%. What does this indicate? Select correct option:
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is the mean of inverse values.
Select correct option:
Harmonic mean
Geometric mean
Arithmetic mean
Midhing
In EXCEL use the …………….function to calculate correlation
Select correct option:
COREL
CORREL
CORRELE
CORRELATION
A line graph shows ……… plotted on a graph.
Select correct option:
Points
Picturs
Lines
Sectors
The middle value of an ordered array of numbers is the
Select correct option:
mean
median
mode
midpoint
The coefficient of variation for a set of annual incomes is 18%; the coefficient of variation for the length of service with the company is 29%. What does this indicate?
Select correct option:
More dispersion in the distribution of the incomes compared with the dispersion of their length of service
More dispersion in the lengths of service compared with income
Dispersion in the two distributions (income and service) cannot be compared using percents
Dispersions are equal
How many types of data classification are there?
Select correct option:
1
2
3
none of these
If the regression equation is equal to 23.6 - 54.2X, then 23.6 is the _________ while -54.2 is the ________ of the regression line
Select correct option:
slope, intercept
intercept, slope
slope, regression coefficient
radius, intercept
Measures of dispersion indicate the
Select correct option:
average score.
extent to which scores differ from one another.
relationships between variables.
central tendency of scores.
-------------- measures the strength of the linear relationship between the dependent and the independent variable.
Select correct option:
Simple correlation coefficient
Distance value
Y intercept
Normal plot
A worker out of 500 gets a prize by lottery. What is the chance of any one individual say Zain being selected?
Select correct option:
1/500
500/500
1/600
-1/500
Standard deviation can be calculated by taking deviation from any measure of central tendency
Select correct option:
True
False
The frequency of the required class can be obtained from the cumulative frequency
Select correct option:
a) by subtracting the cumulative frequency of the relative class from the next cumulative frequency
b) by subtracting the cumulative frequency of the relative class from the total frequency
c) by subtracting the cumulative frequency of the relative class from the previous cumulative frequency
None of these
Analysis of Variance (ANOVA) is a test for equality of:
Select correct option:
variances
means
proportions
only two parameters
The average of the first and third quartiles is called…
Select correct option:
Range
Midrange
Interquartile range
Midhinge
The method of least squares finds the best fit line that _______ the error between observed & estimated points on the line
Select correct option:
a) Maximizes
b) Minimizes
c) Reduces to zero
d) b & c
The sum of the deviations about the mean are always:
Select correct option:
the range
the standard deviation total
zero
positive
A data in which we study about provinces is called ……
Select correct option:
Qualitative
Quantitative
Geographical
Chronological
The following results were obtained from a simple regression analysis: y = 37.2895 - 1.2024 X r^2 = .6774 s = .2934 ____________ is the proportion of the variation explained by the simple linear regression model
Select correct option:
-1.2024
0.6774
37.2895
0.2934
Variance gives the average square of deviations from the
Select correct option:
Mean
Median
Mode
Standard deviation
Which of the following is correct
Select correct option:
Random = Actual - Expected
Random = Expected - Actual
Random = Actual +Expected
None of these
The ratio of the standard deviation of a distribution to the mean of that distribution is referred to as
Select correct option:
a probability distribution
the expected return
Variance
coefficient of variation
A scatter diagram:
Select correct option:
A) Is a graphic tool designed to portray the relationship between variable.
B) Uses interval or ratio scale data.
C) Does not allow negative values.
D) Both A and B are correct
Which of the following is the better average?
Select correct option:
arithmetic mean
geometric mean
harmonic mean
all above
An arrangement of data by successive time periods is called
Select correct option:
Time Series
Exponential smoothing
Linear regression
Representation of data
First quartile for 10.1, 10.3, 10.5, 10.5, 10.7, 10.9 is approximately ……………….
Select correct option:
10.5
10.3
10.1
10.2
In the central tendency Mean, Median and Mode
Select correct option:
Mean is better than Median
Median is better than Mode
Mean is better than Mode
All of these are true
Which is the proportion of total variation explained by the regression line?
Select correct option:
Simple coefficient of determination
Slope of the regression line
Mean square error
Standard error of the regression coefficient
In given Qrtly, data the first step in computing seasonal index is calculating:
Select correct option:
4 qtr moving average.
Discard highest and lowest values.
4 qtr. Moving total.
3 qtr. moving average.
A histogram is a special kind of …….
Select correct option:
Picture graph
Line graph
Bar graph
Sector graph
A coin and die can be thrown together in
Select correct option:
2 ways
8 ways
12 ways
None of these
The following formula for probability P(A or B) = P(A) + P(B)-P(A and B) is called
Select correct option:
The law of addition
The law of subtraction
The law of multiplication
None of these
Arrangement of numbers: 3,5,8,10,12,15,16 has
Select correct option:
‘10’ as its mode
No mode
All the terms can be taken as mode
‘11’ as its mode
Measures of dispersion indicate the
Select correct option:
average score.
extent to which scores differ from one another.
relationships between variables.
central tendency of scores.
The Harmonic Mean of the data 8, 5, 3 is
Select correct option:
3.44
4.55
5.44
None of these
The equation for the intercept of the regression line is Y=a+bX where b is
Select correct option:
Intercept
Slope
Equation
Dependant variable
The estimated number of visitors (‘00s) at the holiday resort was during year 2001 to 2005 were 31, 49,74,62 and 65 respectively. Then 3-year moving average of visitors are
Select correct option:
62.67, 51.45,85
82.03, 63.64,73
51.33, 61.67, 67
49.32, 32.73,93
Prices are 2,4,6,8,10 and Moving averages are 4,6,8 then Actual- Trend are
Select correct option:
0, 0,0
1, 2,3
3,4,5
3,2,1
The Number of combinations of 3 different objects A, B, C taken two at a time is…….
Select correct option:
6
4
3
5
If Mean of X = 7.857 , Mean of Y = 4.857 , and Slope = -0.47538 Then intercept of the data is
Select correct option:
9.978
5.627
7.911
8.592
…………..graphs are similar to bar graphs.
Select correct option:
column
line
conversion
sector
The graph of a regression line may be
Select correct option:
Linear
Quardatic
Cubic
All of these
For the class 165 – 184 the mid point will be
Select correct option:
172.5
174.5
176.5
To find mid point at least two classes are required.
The mode of the words in the word CORRELATION is
Select correct option:
L
R
O
Both R and O
The Standard Deviation of 60 , 60, 80, 70 is
Select correct option:
9.29
8.29
7.29
6.29
In how many ways can a cricket eleven be chosen out of a batch of fifteen players? Which option as
below is true according to the given statement?
Select correct option:
15C4
11C15
15C11
None of these.
The equation of the regression line is: Y = a + bx. The variable a is the value of
Select correct option:
The slope of the regression line
The X- intercept
The Y- interecept
The independent variable
If the value of any regression coefficient is zero, then two variables are
Select correct option:
dependent
independent
correlated
none of these
In Qualitative data we study about the ….
Select correct option:
Religion
Height
Weight
Income
New Forecast is (constant of exponential smothing is 'c')
Select correct option:
old forecast + c x (old actual – old forecast)
old forecast + c x (old forecast – old actual)
old forecast - c x (old actual + old forecast)
None of these
The sum of deviation of the observed values of Yi from the regression line is always equal to
Select correct option:
1
0
-1
None
Mean deviation is always
Select correct option:
less then S.D
equal to S.D
more than S.D
negative
The moving averages can be used for -------------.
Select correct option:
mode
forecasting purposes
Middle value.
Median
The business ups and downs over a period of certain number of years” is an example of
Select correct option:
Seasonal variation
Cyclical fluctuation
Secular trend
None of these
Truncated mean is also called
Select correct option:
Arithmetic mean
Trimmed mean
Harmonic Mean
None of these
The value of dependant variable decreases with increase in the value the independent variable in
Select correct option:
Positive linear relationship
Negative linear relationship
Week relationship
Strong relationship
The price of wheat falls after the harvesting of crop and rise before the sowing time” Is an example of
Select correct option:
Seasonal variation
Cyclical fluctuation
Secular trend
None of these
Value of Correlation coefficient always
Select correct option:
between +1 & -1
greater than +1
lesser than -1
between 0 &1
Which of the following is not an example of seasonal variation?
Select correct option:
sales of snow blowers
plant and flower sales
use of electricity
annual earnings for a large corporation
Which method of trend analysis is useful for data not having a pronounced trend or seasonality?
Select correct option:
Multiplicative model
Decomposition model
Exponential smoothing method
Trend analysis
If xm=4, ym=80, s(x)=sqrt2, s(y)=2sqrt10 and r=0.8, then the regression is given by
Select correct option:
y = 6x + 46
y = 16x - 64
y = 48x + 46
y = 8x + 48
The variance of data 80, 70, 80, 60, 75 is
Select correct option:
60
70
56
66
The relationship between height and educational qualification
Select correct option:
The height is independent and education is dependent variable
The height is dependent and education is independent variable