Quiznetik

Quantitative Techniques for Business | Set 1

1. The techniques which provide the decision maker a systematic and powerful means of analysis to explore policies for achieving predetermined goals are called.................

Correct : C. quantitative techniques

2. Programming techniques are generally known as ...................................

Correct : B. mathematical techniques

3. .................................is the reverse process of differentiation

Correct : B. integration

4. .............................. is a powerful device developed over the matrix algebra.

Correct : C. determinants

5. Correlation analysis is a........................... analysis.

Correct : D. queuing theory

6. When the values of two variables move in the same direction, correlation is said to be ..........

Correct : A. positive

7. When the values of two variables move in the opposite direction, correlation is said to be……

Correct : B. negative

8. When the amount of change in one variable leads to a constant ratio of change in the other variable, correlation is said to be ............................

Correct : C. linear

9. Scatter diagram is also called ...................................

Correct : B. zero correlation

10. If all the points of a scatter diagram lie on a straight line falling from the lower left-hand corner to the upper right-hand corner, the correlation is said to be ..........................

Correct : B. perfect positive correlation

11. If all the dots of a scatter diagram lie on a straight line falling from the upper left-hand corner to the lower right hand corner, the correlation is said to be ..........................

Correct : C. perfect negative correlation

12. The quantitative measure of correlation between two variables is known as.....................

Correct : A. coefficient of correlation

13. Coefficient of correlation measures ...........................................

Correct : D. relation

14. Coefficient of correlation lies between .....................................

Correct : C. +1 and -1

15. Karl Pearson’s coefficient of correlation is denoted by the symbol ..................

Correct : B. r

16. Correlation can be ............................................

Correct : C. between +1 and -1

17. If r= +1, the correlation is said to be .......................

Correct : A. perfectly positive correlation

18. An analysis of the covariance between two or more variables is called ..............................

Correct : B. correlation analysis

19. In correlation analysis, P.E. = ....................0.6745

Correct : A. standard error

20. If correlation between the two variables is unity , there exists ........................................

Correct : D. perfect correlation

21. In correlation analysis, the formulae 1-r2 is used to compute the value of .......................

Correct : B. coefficient of non-determination

22. Study of correlation between two sets of data only is called ..............................

Correct : B. simple correlation

23. ………..is the study of correlation between one dependent variable with one independent variable by keeping the other independent variables as constant.

Correct : C. partial correlation

24. ……….is the study of correlation among three or more variable simultaneously.

Correct : A. multiple correlation

25. In a correlation analysis, if r=0, then we may say that, there is ..................... between variables.

Correct : A. no correlation

26. Coefficient of correlation is independent of ........................................

Correct : C. both

27. When r = -1, we may say that, there is ..........................

Correct : A. perfect negative correlation

28. If the ratio of change in one variable is equal to the ratio of change in the other variable, the correlation is said to be ..................................

Correct : A. linear

29. If the plotted points of a scatter diagram fall on a narrow band, it indicates a. ............degree of correlation.

Correct : C. high

30. If r =0.9, coefficient of determination is .........................

Correct : C. absence

31. If plotted points in a scatter diagram lie on a straight line vertical to the Y-axis, then r=.........

Correct : B. 0

32. ................................is the geometric mean of two regression coefficients.

Correct : A. coefficient of correlation

33. If dots in a scatter diagram are lie in a haphazard manner, then r= .......................

Correct : A. 0

34. Product moment correlation was developed by .......................

Correct : A. karl pearson

35. Spearman’s coefficient of correlation is usually denoted by .................

Correct : C. r

36. If m is the coefficient of correlation, then the value of m2 is known as .................

Correct : B. coefficient of determination

37. If m is the correlation coefficient, then the quantity (1-m2) is called ......................

Correct : B. coefficient of non-determination

38. The coefficient of correlation between two variables, X and Y , will have negative sign when……

Correct : C. any one of the above

39. Coefficient of concurrent deviation depends on ..........................

Correct : B. direction of deviation

40. ............................ refers to analysis of average relationship between two variables to provide a mechanism for prediction.

Correct : B. regression

41. The two regression lines coincide each other when r = .......................

Correct : C. +1

42. The two regression lines are mutually perpendicular when r = ..............

Correct : A. 0

43. byx is the regression coefficient of regression equation ...........................

Correct : A. y on x

44. The signs of regression coefficients will be .......................

Correct : B. same

45. The signs of correlation coefficient and regression coefficient are ............................

Correct : B. same

46. Scatter diagram of the various values of ( X, Y) gives the idea about .......................

Correct : C. functional relationship

47. If X and Y are independent , the value of regression coefficient byx = ....................

Correct : B. 0

48. bxy x byx = ..............................

Correct : C. both

49. If X and Y are two variables, there can be at most ..........................

Correct : B. two regression lines

50. Geometric mean of regression coefficients will be ..............................

Correct : A. coefficient of correlation

51. In a regression line of Y on X, the variable X is known as ..................................

Correct : D. all the above

52. The term regression was used firstly by .............................

Correct : C. 0

53. If a constant 30 is subtracted from each of the value of X and Y , the regression coefficient is ..........................

Correct : C. not changed

54. In .........................regression, only one independent variable is used to explain the dependent variable.

Correct : A. linear

55. Regression lines are also called .........................

Correct : C. scatter diagram

56. If the correlation between the two variables , X and Y is negative, the regression coefficient of Y on X is .............................

Correct : C. negative

57. The arithmetic mean of bxy and byx is ..........................

Correct : B. greater than r

58. The regression coefficient and correlation coefficient of two variables will be the same, if their .................... are same.

Correct : A. standard deviation

59. If the sign of regression coefficient bxy is negative, then the sign of regression coefficient byx will be ........................

Correct : B. negative

60. The square root of coefficient of determination is ...................

Correct : A. coefficient of correlation

61. While analysing the relationship between variables, independent variable is also called..................................

Correct : B. explanatory variable

62. Dependent variable is also called ............................

Correct : A. explained variable

63. If one regression coefficient is positive, the other is .......................

Correct : A. positive

64. The arithmetic mean of bxy and byx is .............................

Correct : C. greater than r

65. .............................. refers to the chance of happening or not happening of an event.

Correct : B. probability

66. The numerical value given to the likelyhood of the occurrence of an event is called................

Correct : C. probability

67. Sample point is also called .........................

Correct : B. elementary outcome

68. The result of a random experiment is called .................................

Correct : B. event

69. ............................ has two or more outcomes which vary in an unpredictable manner from trial to trial when conducted under uniform conditions.

Correct : B. random experiment

70. An event whose occurrence is inevitable is called ......................................

Correct : A. sure event

71. An event whose occurrence is impossible, is called ......................

Correct : A. sure event

72. An event whose occurrence is neither sure nor impossible, is called ...........................

Correct : C. uncertain event

73. A set of events are said to be ...................... , if the occurrence of one of them excludes the possibility of the occurrence of the other.

Correct : A. mutually exclusive

74. ....................... refers to the arrangement of objects in a definite order.

Correct : B. permutation

75. Selection of objects without considering their order is called ...................................

Correct : A. combination

76. Classical probability is also called .........................

Correct : D. none of these

77. The relative frequency approach is also called ................................

Correct : D. all the above

78. When P(AUB) = P(A) + P(B), then A and B are .............................

Correct : C. mutually exclusive

79. When two events cannot occur together is called ........................

Correct : B. mutually exclusive

80. If two sets have no common element, they are called ....................

Correct : C. disjoint set

81. Two events are said to be ..................... , if any one of them cannot be expected to occur in preference to the other.

Correct : A. equally likely

82. Two events are said to be independent if ........................

Correct : D. one does not affect the occurrence of the other

83. Probability of an event lies between ................................

Correct : B. 0 and 1

84. Probability of sample space of a random experiment is ............................

Correct : C. +1

85. In tossing a coin , getting head and getting tail are ............................................

Correct : A. mutually exclusive events

86. If two events, A and B are mutually exclusive, then P(AUB) = .........................

Correct : A. p(a) + p(b)

87. If two events, A and B are not mutually exclusive, the P(AUB) = ..................

Correct : B. p(a) + p(b) - p(a and b)

88. An event consisting of those elements which are not in the given event is called.............

Correct : C. complementary event

89. The definition of priori probability was originally given by ............................

Correct : B. laplace

90. ........................ refers to the totality of all the elementary outcomes of a random experiment.

Correct : B. sample space

91. The sum of probabilities of all possible elementary outcomes of a random experiment is always equal to ...................

Correct : B. 1

92. Chance for an event may be expressed as .................

Correct : D. none of these

93. If it is known that an event A has occurred, the probability of an event B given A is called ............................

Correct : B. conditional probability

94. The mean of a binomial distribution is ...........................

Correct : A. np

95. Binomial distribution is a ................................ probability distribution

Correct : A. discrete

96. Binomial distribution is originated by ..................................

Correct : C. james bernoulli

97. When probability is revised on the basis of all the available information, it is called .............

Correct : B. posterior probability

98. Baye’s theorem is based upon inverse probability.

Correct : A. yes

99. Probability distribution is also called theoretical distribution.

Correct : A. yes

100. The height of persons in a country is a .......................... random variable.

Correct : B. continuous