1. A numerical value used as a summary measure for a sample, such as a sample mean, is known as a
(a) Population Parameter
(b) Sample Parameter
(c) Sample Statistic
(d) Population Mean
Answer: (c)
2.Sample statistics are also represented as
(a) Lower Case Greek Letter
(b) Roman Letters
(c) Associated Roman Alphabets
(d) Upper Case Greek Letter
Answer: (b)
3. Individual respondents, focus groups, and panels of respondents are categorised as
(a) Primary Data Sources
(b) Secondary Data Sources
(c) Itemized Data Sources
(d) Pointed Data Sources
Answer: (a)
4.A method used to examine inflation rate anticipation, unemployment rate, and capacity utilization to produce products is classified as
(a) Data Exporting Technique
(b) Data Importing Technique
(c) Forecasting Technique
(d) Data Supplying Technique
Answer: (c)
5.Review of performance appraisal, labour turnover rates, planning of incentives, and training programs and are examples of
(a) Statistics in Production
(b) Statistics in Marketing
(c) Statistics in Finance
(d) Statistics in Personnel Management
Answer: (d)
6.If Y = aX ± b, where a and b are any two constants and a ∦ 0, then the quartile deviation of Y values is equal to:
A.a Q.D(X) + b
B.∣a∣ Q.D(X)
C.Q.D(X) - b
D.∣b∣ Q.D(X)