ABOUT ME

Akash Singh Yadav

MBA In Finance AND Marketing with 84%
Qualified Continuously 3 TIMES UGC NET AND JRF
Qualified FMS IIT BHU PhD interview 2019
Qualified IIM Kashipur Academic assistant in finance
Pursuing PhD in Finance and accounting , IIT Kharagpur
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 Question :-1 5

Match List-I with List-II and select the correct answer

using the codes given below the lists:
List-I List-II
a. Chi-square test I. Secondary data
b. Annual reports of companies II. Information system
c. Multi-variate Ill. Hypothesis testing
d. Data processing IV. Factor analysis

A. a b c d
IV II I III
B. a b c d
III I IV II
C. a b c d
III IV I II
D. a b c d
IV I III II
 Question :-2 6

A distribution, where the value of arithmetic

mean is maximum as compared to median and
mode, is

(A) Normal distribution

(B) Positively-skewed distribution
(C) Negatively-skewed distribution
(D) None of these
 Question :-3 7

Match the items in List-I with items in List-II.

List – I List – II
(i) Level of significance (a) Sample mean is equal to population mean
(ii) Standard deviation of sampling distribution (b) Parameters
(iii) Numerical value that describes the characteristics of the population (c) Type-I error
(iv) Normally distributed population (d) Standard error
Codes:
(i) (ii) (iii) (iv)
(A) (d) (c) (a) (b)
(B) (c) (d) (b) (a)
(C) (c) (b) (d) (a)
(D) (d) (b) (c) (a)
 Question :-4 8

Kendall’s co-efficient of concordance is used to

(A) Test the difference among two or more sets of data.
(B) Test the relationship between variables.
(C) Test the variations in the given data.
(D) Test the randomness of samples.
 Question :-5 9

Statements:
(i) Non-sampling errors can occur in any survey, whether
it be a complete enumeration or sampling.
(ii) Sampling errors are present both in a census as well as
a sample survey.

A. Both are correct

B. Both are wrong
C. (i) correct, (ii) wrong
D. (i) wrong, (ii) correct.
 Question :-6 10

Assertion (A): If regression coefficient of X on Y is greater than one,

regression coefficient of Y on X must be less than one.
Reason (R): The geometric mean between two regression coefficients
is the co-efficient of correlation.
On the basis of the above, choose the appropriate answer:
(A) (A) and (R) are correct.
(B) (A) is correct, but (R) is not correct.
(C) (A) is not correct, but (R) is correct.
(D) Both (A) and (R) are not correct.
 Question :-7 11

Which of the following tests can be applied to ordinal scale data?

(i) Chi-square test
(ii) ‘Z’ test
(iii) Kruskal-Wallis test
(iv) Wilcoxon Mann-Whitney test
Codes:
(A) (i), (ii) and (iii)
(B) (ii), (iv) and (iii)
(C) (i), (iii) and (iv)
(D) (i), (ii) and (iv)
 Question :-8 12

Given the following data calculate the regression

coefficient of X on Y. Pearson’s correlation coefficient =
+ 0.8. Regression coefficient of Y on X = 0.8
Choose the correct answer from the following:
(A) 0.32
(B) 0.64
(C) 0.80
(D) 0.82
 Question :-9 13

A distribution that is relatively peaked compared to a

normal bell-shaped distribution is referred to as
a. Mesokurtic
b. lordotic
c. leptokurtic
d. Platykurtic
 Question :-10 14

List-I List-II
(i) Probable error (a) √ bxybyx
(ii) Standard error (b) SD/ √N
(iii) Correlation (c) 2 / 3 (1 – r2 / √N)

A. i - c, ii - b, iii - a
B. i-a,ii-b,iii-b
C. i - b, ii - c, iii-a
D. i-b, ii-a, iii-a
 Question :-11 15

If the standard deviation of a population is

20 and the standard error of mean is 4, then
the sample size is

(A) 100
(B) 80
(C) 5
(D) 25
 Question :-12 16

Which one of the following is not a

measure of dispersion?
(A) Quartile
(B) Range
(C) Mean Deviation
(D) Standard Deviation
 Question :-13 17

From a population with mean of 220 and standard deviation of 30, a

sample of 36 was drawn at random. Calculate the standard error of the
sampling distribution and choose the correct answer from the following
options.

(A) 7.3
(B) 6.2
(C) 6.0
(D) 5.0
 Question :-14 18

Parts of descriptive statistics do NOT include

a. collecting data
b. interpreting data
c. organizing data
d. summarizing data
 Question :-15 19

Match List-I with List-II and select the correct answer using
the codes given below the lists:
List-I List-II
a. Random sampling I. Structured
b. Hypothesis testing II. Parametric test
c. Questionnaire Ill. Probability sampling
d. t-test IV. β-error

A. a b c d
IV Ill I II
B. a b c d
III IV ll I
C. a b c d
III I IV II
D. a b c d
III IV l II
 Question :-16 20

From the following, identify one situation where ‘F’ test cannot be
used?
(A) To compare more than two populations means.
(B) To test the hypothesis about a single population variance.
(C) To test the hypothesis about two-population variance.
(D) To study about randomized block design.
 Question :-17 21

Studying a small sample of people in a population to

infer information about the larger population is done
in
a. inferential statistics
b. nominal statistics
c. descriptive statistics
d. ordinal statistics
 Question :-18 22

Which of the following tests assume that the underlying data are
normally distributed?

a) Z test
b) T test
c) One way ANOVA
d) Mann -Whitney
e) Spearman Rank Correlation

1.a and b
2.a,b and c
3.b,c,and d
4.c,d and e
 Question :-19 23

Which of the following statements is true about Pearson correlation?

values range from -1 to +1

A. Correlation
b. A correlation value of 0.7 indicates that there may be an overall positive relationship
between the two variables being analyzed, but with some scatter
c. A correlation value of -0.7 indicates that there may be an overall positive relationship
between the two variables being analyzed, but with some scatter
d. A significant correlation implies some sort of causal relationship between the
variables being considered
e. A correlation value of zero indicates there is no overall trend in one variable as the
other increases or decreases

1.a,b and c
2.a,b and d
3.b,c and e
4.a,b and e
 Question :-20 24

Assertion (A). Chi-square test is used to measure

the Association between two attributes.
Reason (R). We apply Non-parametric tests like
chi-square test from data measured on week
scale like nominal scale or ordinal scale.

A. (A) is true but (R) is wrong.

B. (A) is wrong but (R) is true.
C. Both (A) and (R) are wrong.
D. Both (A) and (R) are true
 Question :-21 25

The mean is
a. the sum of all the values in a group,
divided by the number of values in that
group
b. the midpoint in a set of scores
c. the value that occurs most frequently
d. the highest value
 Question :-22 26

To describe a set of nominal data, the researcher should

use the
a. mode
b. median
c. mean
d. nothing can be used for nominal data
 Question :-23 27

Which of the following is the non-parametric equivalent of a one-

way ANOVA with 3 treatments?
a. Chi-square
b. Kolmogorov-Smirnov
c. Kruskal-Wallis
d. Mann-Whitney
e. Wilcoxon
 Question :-24 28

Which of the following is the least affected by outliers?

A. the range
B. the mean
C. the median
D. the standard deviation
 Question :-25 29

Sample design involves the following:

i. Sampling unit
ii. Size of samples
iii.Type of universe
iv. Sampling procedure
Which one of the following sequences is correct?
(A) i, ii, iii, iv
(B) iii, iv, i, ii
(C) iii, i, iv, ii
(D) iii, i, iv, ii
 Question :26 30

Three tools used to assess variability are

a. the mean, the median and the mode
b. the range, the standard deviation and the
mean
c. the variance, the measures of central
tendency, and the standard deviation
d. the range, the standard deviation and the
variance
 Question :-27 31

Which statement is most true?

a. The closer the sample size is to the actual population, the more
accurate the standard deviation will be.
b. The closer the sample size is to the actual population, the less
accurate the standard deviation will be.
c. The closer the sample size is to the actual population, the smaller
the standard deviation will be.
d. The closer the sample size is to the actual population, the more
skewed the data will be.
 Question :-28 32

visual representation of the frequency distribution

where the frequencies are represented by bars is
called a
a. frequency polygon
b. scattergram
c. histogram
d. tally chart
 Question :-29 33

if a distribution is negatively skewed, the ___________

is greater than the _____________.
a. median / mode
b. median / mean
c. mean / median
d. mean / mode
 Question :-30 34

The hypothesis testing consists of following steps

(i) Establish a level of significance, prior to sampling
(ii) Defining the rejection or critical regions
(iii) State the hypothesis
(iv) Determination of a suitable test statistic.
Which of the sequence is correct :

A. (ii), (iii), (iv), (i)

B. (iii), (i), (iv), (ii)
C. (iii), (ii), (iv), (i)
D. (iv), (iii), (ii), (i)
 Question :-31 35

A __________ would best be used when you want to

show the proportions of an item that makes up a series
of data points.
a. a pie chart
b. a column chart
c. a bar chart
d. a line chart
 Question :-32 36

The Pearson product-moment correlation

examines the relationship between two
_________ variables.
a. discontinuous
b. continuous
c. nominal-level
d. large
 Question :-33 37

A _________ is a graphical representation

of association between variables.
A.scatterplot
B.regression plot
C.graphical plot
D.variable plot
 Question :-34 38

Karl Pearson’s co-efficient of correlation between

two variables is
(A) the product of their standard deviations
(B) the square root of the product of their
regression coefficients
(C) the co-variance between the variables
(D) None of the above
 Question :-35 39

If bxy = 0.25 and byx = 0.64, correlation

coefficient is
(A) 0.16
(B) 0.40
(C) 0.89
(D) 0.30
 Question :-36 40

The main purpose of inferential statistics is to:

A. Summarize data in a useful and informative
manner.
B. Estimate a population characteristic based on
a sample.
C. Determine if the data adequately represents
the population.
D. Gather or collect data.
 Question :-37 41

Which of the following does not require the data to be

ordered before you can get the right answer?

a. Mean
b. Median
c. Quartiles
d. Range
e. All of the above require the data to be ordered.
 Question :-38 42

What is the relationship between the variance and the

standard deviation?

a. The variance is the square root of the standard

deviation.
b. The variance is the square of the standard deviation.
c. The variance is twice the standard deviation.
d. There is no relationship between them.
 Question :-39 43

A numerical measure that is computed to describe a

characteristic of an entire population is called:
A. a parameter
B. a population
C. a discrete variable
D. a statistic
 Question :-40 44

Consider the following statistical tests:

(i) ‘F’ test
(ii) ‘t’ test
(iii) ‘z’ test
(iv) ‘Chi-square’ test
Which of these are parametric tests?
(A) (i), (ii) and (iv)
(B) (i), (iii) and (iv)
(C) (i), (ii) and (iii)
(D) (ii), (iii) and (iv)
 Question :-41 45

Based on the results of a poll of 500 registered voters,

the conclusion that the Democratic candidate for U.S.
president will win the upcoming election is an example
of:
A. inferential statistics
B. descriptive statistics
C. a parameter
D. a statistic
 Question :-42 46

The human resources director of a large corporation wants to

develop a dental benefits package and decides to select 100
employees from a list of all 5,000 workers in order to study their
preferences for the various components of a potential package. The
100 employees who will participate in this study constitute the:

A. sample
B. population
C. statistic
D. parameter
 Question :-43 47

Which of the following statements about histograms is

true?
a. A histogram is a summary of interval data.
b. A histogram is made of a series of intervals, called
classes.
c. The classes in a histogram cover the complete range
of observations.
d. All of these choices are true.
 Question :-44 48

Which of the following measures of center is

affected by an outlier?

a. Mean
b. Median
c. Mode
d. All of the above
 Question :-45 49

From the following ANOVA table, calculate the ‘F’ value and select the correct answer from
the options given below:
ANOVA Table
Sources of Variation Sum of Squares Degrees of Freedom
Between columns 100 3
Between rows 24 16
Total 124 19

(A) 22.2
(B) 31.5
(C) 33.3
(D) 36.2
 Question :-46 50

A researcher was interested in stress levels of lecturers during

lectures. She took the same group of 8 lecturers and measured their
anxiety (out of 15) during a normal lecture and again in a lecture in
which she had paid students to be disruptive and misbehave. What
test is best used to compare the mean level of anxiety in the two
lectures?

A. Independent sample t-test

B. Paired-samples t-test
C. One-way independent ANOVA
D. Mann-Whitney test
 Question :-47 51

A researcher measured people's physiological reactions to horror

films. He split the data into two groups: males and females. The
resulting data were normally distributed and men and women had
equal variances. What test should be used to analyze the data?

A. Dependent
B. Independent t-test
C. Mann-Whitney test
D. Wilcoxon signed-rank test
 Question :-48 52

Regression analysis is a statistical procedure for

developing a mathematical equation which describes
how
a. one independent variable and one or more dependent
variables are related
b. several independent and several dependent variables
are related
c. one dependent and one or more than one
independent variables are related
d. None of the above answers are correct
 Question :-49 53

Suppose a data set is skewed left. What is the most

likely relationship between the mean and the median?

a. The mean is larger than the median.

b. The mean is smaller than the median.
c. The mean and the median are not related to each
other at all.
d. The mean and the median are essentially equal.
 Question :-50 54

If the value of co-efficient of determination is 0.64, what is the value of

coefficient of correlation?
(A) 0.40
(B) 0.80
(C) 0.08
(D) 0.04
 Question :-51 55

In regression analysis, the variable which is being

predicted is the
a. dependent variable
b. independent variable
c. intervening variable
d. none of the answers
 Question :-52 56

In regression analysis if SSE = 200 and SSR = 300,

the coefficient of determination is
a. .6667
b. .6000
c. .4000
d. 1.5
e. none of the above
 Question :-53 57

A variable that cannot be measured in terms of

how much or how many but instead is assigned
values to represent categories is called:
a. an interaction
b. a constant variable
c. a qualitative variable
d. none of the above
 Question :-54 58

As the sample size increases, the variance of

the sample mean
A.) increases
B.) decreases
C.) stays constant
D.) not enough info to know
 Question :-55 59

In multiple regression analysis, qualitative variables are

sometimes referred to as:
a. performance variables
b. dependent variables
c. quantitative variables
d. cardinal variables
e. dummy variables
 Question :-56 60

A negative value for a correlation indicates ______.

A. a much stronger relationship than if the correlation were

positive
B. A much weaker relationship than if the correlation were
positive
C. increases in X tend to be accompanied by increases in Y
D. increases X tend to be accompanied by decreases in Y
 Question :-57 61

Which of the following is the correct order, from strongest

and mot consistent to weakest and least consistent, for the
following correlations?

A. -1.00, 0.85, -0.34, 0.02

B. 0.85, 0.02, -0.43, -1.00
C. -1.00, -0.43, 0.02, 0.85
D. 0.85, -0.43, 0.02, -1.00
 Question :-58 62

What is measured by a partial correlation?

A. It is the correlation obtained for a sample with missing scores (x and y values).
B. it is the correlation obtained for a restricted range of scores
C. it eliminates the influence of outliers (extreme scores when computing a
correlation)
D. it measures the relationship between two variables while controlling the
influence of a third variable
 Question :-59 63

For a hypothesis test for the Pearson correlation, what is stated by

the null hypothesis?

A. there is a non-zero correlation for the general population

B. the population correlation is zero
C. there is a non-zero correlation for the sample
D. the sample correlation is zero
 Question :-60 64

In what situations can the phi-coefficient be used?

A. when an independent-measures t test would also

be appropriate
B. when both X and Y are ranks
C. When a single-sample t test would also be
appropriate
D. when both X and Y are dichotomous
 Question :-61 65

The appropriate correlation coefficient for measuring

the direction and strength of the linear relationship
between one continuous and one dichotomous variable
is
a. the Spearman rank-order correlation coefficient
b. the point-biserial correlation coefficient
c. the phi correlation coefficient
d. none of the above
 Question :-62 66

The assumption that there is an equal variance or scatter of data

points dispersed along the regression line is referred to as
a. normality
b. linearity
c. homoscedasticity
d. restriction of range
 Question :-63 67

The equation for the regression line is:

Ŷ = a +bX. What does 'a' represent?
a. the constant or intercept
b. regression coefficient
c. predicted value
d. some measure of the variable
 Question :-64 68

The difference between a z-test and a t-test is that in a

z-test

a. Two samples are used

b. The population standard deviation is known

c. The population mean is known

d. The population standard deviation is unknown

 Question :-65 69

Match List-I with List-II and select the correct answer using the codes
given below the lists:
List-I List-II
(Degree of correlation) (Measurement)
a. No correlation I. 0
b. Perfect correlation II. + 1
c. Moderate Correlation Ill. 0.6 - 0.75
d. Very High Correlation IV. 0.9 or more

A. a b c d
I III II IV
B. a b c d
I II III IV
C. a b c d
I III IV II
D. a b c d
I IV II III
 Question :-66 70

The t-distribution is most different from the standard normal

distribution when sample size is

a. Infinitely large

b. Very large

c. Moderately small

d. Very small
 Question :-67 71

If a researcher measured the performance of 10 students in her Statistics

class (all taking the course) and then used those data to predict the
performance of her remaining 30 students in the class, this would be an
example of a:

a. statistical parameter

b. statistical population

c. statistical description

d. statistical inference
 Question :-68 72

The Phi correlation is computed on ___ data and Spearman's correlation is

computed on ___ data

a. Ranked; dichotomous

b. Dichotomous; ranked

c. Dichotomous; continuous

d. Continuous; ranked
 Question :-69 73

In multiple regression analysis, the correlation among

the independent variables is termed:
a. homoscedasticity
b. multiregression
c. linearity
d. multicollinearity

two or more independent variables are highly correlated

with one another
 Question :-70 74

A multiple regression model has

a. only one independent variable
b. more than one dependent variable
c. more than one independent variable
d. none of the above
 75

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