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Business Statistics Basics
The government and non-government publications are considered as
external secondary data sources
internal secondary data sources
external primary data sources
internal primary data sources
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Business Statistics Basics
The branch of statistics which deals with development of particular statistical methods is classified as
industry statistics
economic statistics
applied statistics
mathematical statistics
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Business Statistics Basics
If the point estimate is 8 and the margin of error is 5 then the confidence interval is
3 to 13
4 to 14
5 to 15
6 to 16
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Business Statistics Basics
The scale which is used to determine the ratios equality is considered as
satisfactory scale
ratio scale
goodness scale
exponential scale
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rikazzz
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Business Statistics Basics
If the sample size is greater than or equal to 30 then the sample standard deviation can be approximated to population standard deviation for the
known standard deviation
unknown standard deviation
standard interval deviation
population interval theorem
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rikazzz
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Business Statistics Basics
The collection of observations for all the variables related to some research or findings is classified as
data
population
statistical process
mesokurtic
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Business Statistics Basics
The type of rating scale which represents response of respondents by marking at appropriate point is classified as
graphic rating scale
responsive scale
pointed scale
marking scale
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rikazzz
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Business Statistics Basics
If the standard deviation of population 1 is 3 with sample size is 8 and the population 2 standard deviation is 5 with sample size is 7 then the standard deviation of sampling distribution is
4.044
3.044
1.044
2.044
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rikazzz
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Business Statistics Basics
The variables whose measurement is done in terms such as weight, height and length are classified as
continuous variables
measuring variables
flowchart variables
discrete variables
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rikazzz
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Business Statistics Basics
For a parameter whose value is unknown, the belief or claim for that parameter is classified as
parameter claim testing
expected belief testing
hypothesis testing
primary limit testing
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rikazzz
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