πŸ“Š Quantitative Techniques for Business
Q. .............................. refers to the chance of happening or not happening of an event.
  • (A) regression
  • (B) probability
  • (C) correlation
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) probability
πŸ“Š Quantitative Techniques for Business
Q. While analysing the relationship between variables, independent variable is also called..................................
  • (A) explained variable
  • (B) explanatory variable
  • (C) variable
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) explanatory variable
πŸ“Š Quantitative Techniques for Business
Q. The square root of coefficient of determination is ...................
  • (A) coefficient of correlation
  • (B) coefficient of regression
  • (C) coefficient of variation
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (A) coefficient of correlation
πŸ“Š Quantitative Techniques for Business
Q. If the sign of regression coefficient bxy is negative, then the sign of regression coefficient byx will be ........................
  • (A) positive
  • (B) negative
  • (C) 0
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) negative
πŸ“Š Quantitative Techniques for Business
Q. The regression coefficient and correlation coefficient of two variables will be the same, if their .................... are same.
  • (A) standard deviation
  • (B) arithmetic mean
  • (C) mean deviation
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (A) standard deviation
πŸ“Š Quantitative Techniques for Business
Q. If the correlation between the two variables , X and Y is negative, the regression coefficient of Y on X is .............................
  • (A) zero
  • (B) positive
  • (C) negative
  • (D) not certain
πŸ’¬ Discuss
βœ… Correct Answer: (C) negative