Business Math & Stat Quiz#4, MCQs



NOTE: Attempt all Questions to see the Result at the bottom of this page.



The Timer has started 10:00



  1. 1)

    How many number of times will the digit ‘7' be written when listing the integers from 1 to 1000?


    • A) 271
    • B) 300
    • C) 252
    • D) 304

  2. 2)

    The moving averages represent ------------------


    • A) Time series variations
    • B) Co-efficient of variations
    • C) Statistical Dispersion
    • D) Absolute deviation

  3. 3)

    The class frequency is


    • A) The number of observations in each class
    • B) The difference between consecutive lower class limits
    • C) Always contains at least 5 observations
    • D) Usually a multiple of the lower limit of the first class

  4. 4)

    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.


    • A) slope, intercept
    • B) intercept, slope
    • C) slope, regression coefficient
    • D) radius, intercept

  5. 5)

    If mean scores of midterm and final term of a student is 78% and 80%. Also variances are 106 and 77 then


    • A) Midterm has greater variation in marks than Final term
    • B) Final term has greater variation in marks than Midterm
    • C) No variation in midterm and final term marks

  6. 6)

    The correlation coefficient between x and y shows


    • A) Whether y depends on x
    • B) Whether y depends on x
    • C) whether there is any relation between x and y
    • D) whether there is a linear relation between x and y

  7. 7)

    The equation of the regression line is 2y + 5x - 3 = 0. What will be the slope and intercept of the line?


    • A) slope = -5, intercept = 3
    • B) slope = 5, intercept = -3
    • C) slope = -2.5, intercept = 1.5
    • D) slope = 2.5, intercept = -1.5

  8. 8)

    Which is incorrect?


    • A) The mode is a measurement that records value
    • B) A bar graph is same as line graph
    • C) A mean may cause distortions
    • D) A circle graph is based on 360∞

  9. 9)

    Which one of the following is not a component of the multiplicative time series model


    • A) trend
    • B) irregular variation
    • C) regression trend
    • D) seasonality

  10. 10)

    Break Even point is a point at which neither a profit nor ----- is made.


    • A) Gain
    • B) Loss
    • C) Sale
    • D) cost