Business Statistics Basics

Business Statistics Basics
In the response questionnaires, the questions which requires reflections from respondents side are called
reflection questions
responsive questions
opinion questions
reliability questions
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Business Statistics Basics
The value of any sample statistic which is used to estimate the parameters of population is classified as
point estimate
population estimate
sample estimate
parameter estimate
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Business Statistics Basics
The types of structured questions does not include
nominal questions
interval questions
ratio questions
non-disguised questions
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Business Statistics Basics
The examples of variables in statistical phenomenon consists
job satisfaction
consumer behaviors
leadership ability
all of above
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Business Statistics Basics
The analysis based on study of price fluctuations, production of commodities and deposits in banks is classified as
sample series analysis
time series analysis
numerical analysis
experimental analysis
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Business Statistics Basics
The tools such decision making by nominal groups, brain storming and term buildings are all considered as
serial tools
behavioral tools
statistical tools
parallel tools
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Business Statistics Basics
In every phenomenon, the process of thought that focus on identifying, controlling and reduction of variations in data is classified as
parallel thinking
serial thinking
statistical thinking
managerial thinking
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Business Statistics Basics
The numerical methods and graphical methods are specialized procedures used in
social statistics
business statistics
descriptive statistics
education statistics
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Business Statistics Basics
The time frame to complete a transaction in bank is classified as
parameters
process
mixer
sampler
Author: rikazzz Comment
Business Statistics Basics
To develop interval estimate of any parameter of population, the value which is added or subtracted from the point estimate is classified as
margin of efficiency
margin of consistency
margin of biasedness
margin of error
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