Q. Secular trend can be measured by:
✅ Correct Answer: (C)
Four methods
Business Statistics MCQs and Notes
Q. Which index number is called as ideal index number.
✅ Correct Answer: (C)
Fisher
Q. Asimpleindexnumberis anumberthatmeasures arelativechangein ?
✅ Correct Answer: (B)
single variable with respect to a base
Q. If r is the simple correlation coefficient, the quantity ?2 is known as ...................
✅ Correct Answer: (A)
Coefficient of determination
Q. What is the purpose of a simple linear regression?
✅ Correct Answer: (A)
To predict scores on a dependent variable from scores on a single independent variable
Q. The maximum value of the Rank Correlation coefficient is
✅ Correct Answer: (A)
+1
Q. A Scatter diagram is considered for measuring
✅ Correct Answer: (D)
Both a and b
Q. The value of the correlation coefficient lies between
✅ Correct Answer: (A)
-1 and +1
Q. The percent of the total variation of the dependent variable Y explained by the set of independent variables X is measured by:
✅ Correct Answer: (C)
Coefficient of Determination
Q. The Correlation coefficient between two variables is the………………..of their regression coefficients.
✅ Correct Answer: (B)
Geometric mean