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Business Statistics Basics
The analytical study of relationship between output commodity and its price is classified as
demand analysis
supply analysis
imports analysis
export analysis
Author:
rikazzz
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Business Statistics Basics
The process of converting inputs into outputs in the presence of repeatedly same conditions is classified as
sampler
parameters
process
mixer
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rikazzz
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Business Statistics Basics
If the critical value of normal standard variable is 0.95 and the standard error of specific statistic 3.5 then the margin of error is
2.325
3.325
4.325
5.325
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rikazzz
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Business Statistics Basics
Considering the sample statistic, if the mean of sampling distribution is equal to population mean then the sample statistic is classified as
unbiased estimator
biased estimator
interval estimator
hypothesis estimator
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rikazzz
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Business Statistics Basics
The use of statistics in analysis of sales territories, advertising strategies and routing of sales personnel are classified as uses of
statistics in personnel management
statistics in finance
statistics in marketing
statistics in production
Author:
rikazzz
Comment
Business Statistics Basics
According to the types of questionnaires, the structured undisguised questionnaire is the one in which the purpose of study is
non-interval respondents
disclosed to respondents
not disclosed to respondents
none of above
Author:
rikazzz
Comment
Business Statistics Basics
In confidence interval estimation, the interval estimate is also classified as
confidence efficient
confidence deviation
confidence mean
marginal coefficient
Author:
rikazzz
Comment
Business Statistics Basics
The reports on quality control, production and financial accounts issued by the companies are considered as
external secondary data sources
internal secondary data sources
external primary data sources
internal primary data sources
Author:
rikazzz
Comment
Business Statistics Basics
The subset of selected population is called
descriptive portion
elementary portion
inferential portion
sample
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rikazzz
Comment
Business Statistics Basics
The measurement of how well the particular concept and technique measures the variables is classified as
reliability
validity
continuity of variables
goodness of variables
Author:
rikazzz
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