BUSINESS ANALYSIS

TECHNIQUES

QUIZ
 Question 01

Horizontal curve represents the value of

coefficient of correlation to be
A Negative
B Positive
C Zero
D None of the above
 Question 02

Which of the following is the non-random method of

selecting samples from a population

A. Stratified sampling
B. Quota sample
C. Systematic sampling
D. Cluster sampling
 Question 03

Probability of rejecting the null

hypothesis when it is true is called

A. Type-II error
B. Type-I error
C. Standard error
D. None of these
 Question 04

If the sample size increases the

sampling error

A. Decreases
B. Increases
C. Remains constant
D. None of the above
 Question 05
Which of the following is the tool of
measure of the variation of the items

A. Mode
B. Mean
C. Hypothesis
D. Dispersion
 Question 06

For testing of hypothesis Ho : m = M, and

Ha: m < M, the critical value of z at 5%
level of significance
A. 1.96
B. 2.32
C. 1.645
D. 2.5758
 Question 07
Classification of respondents only on the
basis of gender is an application of

A. Ordinal Scale
B. Nominal Scale
C. Interval Scale
D. Ratio Scale
 Question 08

If the two regression coefficient are 0.8

and 0.2, then the value of coefficient of
correlation is
A. +0.16
B. -0.40
C. -0.16
D. +0.40
 Question 09
Previous probabilities in Bayes Theorem
that are changed with help of new
available information are classified as
A. Independent probabilities
B. Posterior probabilities
C. Interior probabilities
D. Dependent probabilities
 Question 10

In random experiment,
observations of random
variable are classified as

A.Events
B.Composition
C.Trials
D.Functions
 Question 11

1–α is the probability of

A.Type-I Error
B.Rejection Region
C.Acceptance Region
D.Type-II Error
 Question 12

If we reject the null hypothesis, we

might be making

A.Type-I Error
B.Type-II Error
C.A correct Decision
D.Unpredictable
 Question 13
Herbicide A has been used for years in order to kill a particular
type of weed. An experiment is to be conducted in order to see
whether a new herbicide, Herbicide B, is more effective than
Herbicide A. Herbicide A  will continue to be used unless there
is sufficient evidence that Herbicide B is more effective. The
alternative hypothesis in this problem is

A.Herbicide A is more effective than Herbicide B

B.Herbicide B is more effective than Herbicide A    
C.Herbicide A is not more effective than Herbicide B
D.Herbicide B is not more effective than Herbicide A
 Question 14

What is the probability of a type II error when

α=0.05?

A.0.025
B.0.05
C.0.95
D.Cannot be determined without more information
 Question 15

If most repeated observations recorded are

 

outliers of data, then mode is considered as

A. Intended measure
B. Percentage measure
C. Best measure
D. Poor measure
 Question 16

In deciles, central tendency median to

be measured must lie in
A. Fourth deciles
B. Seventh deciles
C. Sixth deciles
D. Fifth deciles
 Question 17

In arithmetic mean, sum of deviations of all

recorded observations must always be

A. 2
B. -1
C. +1
D. 0
 Question 18

Arithmetic mean is multiplied to coefficient

of mean absolute deviation to calculate the

A. Absolute mean deviation

B. Absolute median deviation
C. Relative mean deviation
D. Relative median deviation
 Question 19

When regression line passes through the origin

then

A.Regression coefficient is zero

B.Correlation is zero
C.Intercept is zero
D.Association is zero
 Question 20
Two regression lines are parallel to each other
if their slope is

A.Different
B.Same
C.Negative
D.None of these