Q. ...............................is an operation research technique which resembles a real life situation.
✅ Correct Answer: (B)
Simulation
Quantitative Techniques for Business MCQs and Notes
Q. ............................. is the reverse process of differentiation
✅ Correct Answer: (B)
Integration
Q. The techniques which provide the decision maker a systematic and powerful means of analysis to explore policies for achieving predetermined goals are called.................
✅ Correct Answer: (C)
Quantitative techniques
Q. Index numbers are
✅ Correct Answer: (D)
all of these
Q. Standard deviation of the sampling distribution is called ............................
✅ Correct Answer: (B)
standard error
Q. Theoretically, the range of normal curve is ................................................
✅ Correct Answer: (C)
–infinity to +infinity
Q. Mean ± 2 S.D. covers .............. % area of normal curve.
✅ Correct Answer: (B)
95.45
Q. A normal distribution is an approximation to ..............................
✅ Correct Answer: (A)
binomial distribution
Q. A normal distribution requires two parameters, namely the mean and ..............
✅ Correct Answer: (C)
standard deviation±
Q. In a ......................... distribution, quartiles are equi-distant from median.
✅ Correct Answer: (C)
normal