Q. Review of performance appraisal, labour turnover rates, planning of incentives and training programs and are examples of
✅ Correct Answer: (D)
statistics in personnel management
Quantitative Methods for Economic Analysis 2 MCQs and Notes
Q. The scale applied in statistics which imparts a difference of magnitude and proportions is considered as
✅ Correct Answer: (C)
ratio scale
Q. Graphical and numerical methods are specialized processes utilised in
✅ Correct Answer: (B)
descriptive statistics
Q. A method used to examine inflation rate anticipation, unemployment rate and capacity utilisation to produce products is classified as
✅ Correct Answer: (C)
forecasting technique
Q. The variables whose calculation is done according to the weight, height and length and weight are known as:
✅ Correct Answer: (C)
continuous variables
Q. Individual respondents, focus groups, and panels of respondents are categorised as
✅ Correct Answer: (A)
primary data sources
Q. Sample statistics are also represented as
✅ Correct Answer: (B)
roman letters
Q. To enhance a procedure the control charts and procedures of descriptive statistics are classified into
✅ Correct Answer: (A)
behavioural tools
Q. Statistics branches include
✅ Correct Answer: (D)
both a and b
Q. A numerical value used as a summary measure for a sample, such as a sample mean, is known as a
✅ Correct Answer: (C)
sample statistic