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Business Statistics Basics
The model which consists of management philosophy, behavioral tools and statistical methods as key steps towards improvement is considered as
serial improvement process model
behavioral improvement process model
quality improvement process model
statistics improvement process model
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Business Statistics Basics
The upper and lower boundaries of interval of confidence are classified as
error biased limits
marginal limits
estimate limits
confidence limits
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Business Statistics Basics
The type of variable which can take fixed integer values is classified as
flowchart variable
discrete variable
continuous variable
measuring variables
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Business Statistics Basics
The type of questions for questionnaire includes
multiple choices
open ended
dichotomous
all of above
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Business Statistics Basics
The type of variable which can take any numerical figure for calculation is classified as
continuous variable
measuring variable
flowchart variable
discrete variable
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Business Statistics Basics
The analysis of labor turnover rates, performance appraisal, training programs and planning of incentives are examples of role of
statistics in personnel management
statistics in finance
statistics in marketing
statistics in production
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Business Statistics Basics
The type of rating scale which allows respondents to choose most relevant option out of other stated options is classified as
marking rating scale
graphical rating scale
itemized rating scale
pointed rating scale
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Business Statistics Basics
The scale which categorize the events in collectively exhaustive manner and mutually exclusive manner is classified as
discrete scale
continuous scale
valid scale
nominal scale
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Business Statistics Basics
The measurement scale which allows the researchers and statisticians to perform certain operations on the data collected from respondents is classified as
interval scale
flow measuring scale
validity scale
reliability scale
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Business Statistics Basics
The branches of statistics includes
applied statistics
mathematical statistics
industry statistics
both a and b
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