MCQ Bank
In scatter diagram the dependent variable is plotted on the
- A) y-axis
- B) x-axis
- C)
- D)
If Sxy = -3.27, Sx = 2.416 and r = -0.091, then Standard deviation of Y is
- A) 14.87
- B) 15.88
- C) 13.86
- D) 12.85
If many data points are close to the mean, then the standard deviation is -----------.
- A) Middle value
- B) 0
- C) Large
- D) Small
The moving averages can be used for -------------.
- A) forecasting purposes
- B) mode
- C) Middle value.
- D) Median
What is the slope of the line y = -3.4x - 2.5?
- A) 3.4
- B) -3.4
- C) -2.5
- D) 2.5
In case of variance, for the population, the sum of squares of the deviations is divided by
- A) Two more the number of values in the population i-e (N+2)
- B) One more the number of values in the population i-e (N+1)
- C) Exactly the number of values in the population i-e N
- D) One less the number of values in the population i-e (N-1)
The SLOPE and INTERCEPT functions in Excel are most commonly associated with which type of analysis?
- A) Regression analysis
- B) Statistical hypothesis testing
- C) Financial modeling
- D) Time series forecasting
If the value of r is 0.79 then there exist …………….. correlation
- A) strong positive linear
- B) None of these
- C) weak positive
- D) strong negative
Which of the following is a measure of central tendency?
- A) Range
- B) Mode
- C) Standard deviation
- D) Mean deviation
Suppose the slope of regression line is -16.36 and the intercept is 1.56, then the equation of regression line will be ---------------
- A) y – 16.36x = 1.56
- B) y – 1.56 = -16.36x
- C) y +16.36x = -1.56
- D) y + 1.56 = -16.36x
The measurement of measure of degree of to which any two variables vary together is called
- A) c)Both (a) and (b)
- B) b)Correlation
- C) d)None of these
- D) a)Regression Coefficient
All of the following are assumptions of the error terms in the simple linear regression model except
- A) normality
- B) constant variance
- C) variance of one
- D) error terms with a mean of zero
If the increase in one variable causes increase in the another variable, the form of correlation between the variables must be
- A) Perfect
- B) Imperfect
- C) Negative
- D) Positive
Prices are 2,4,6,8,10 and Moving averages are 4,6,8
then Actual- Trend are
- A) 3,2,1
- B) 3,4,5
- C) 0, 0,0
- D) 1, 2,3
Scatter plots are used only for ________.
- A) surplus variable
- B) mulivariables
- C) quantitative variables
- D) single variable
Which one is the correct option to calculate the slope of the regression line?
- A) $b = \frac{{n\sum {xy + \sum {x\sum y } } }}{{n\sum {{x^2} - {{\left( {\sum x } \right)}^2}} }}$
- B) $b = \frac{{n\sum {xy - \sum {x\sum y } } }}{{n\sum {{x^2} + {{\left( {\sum x } \right)}^2}} }}$
- C) $b = \frac{{n\sum {xy - \sum {x\sum y } } }}{{n\sum {{x^2} - {{\left( {\sum x } \right)}^2}} }}$
- D) $b = \frac{{n\sum {xy + \sum {x\sum y } } }}{{n\sum {{x^2} + {{\left( {\sum x } \right)}^2}} }}$
The minimum number of points required to calculate the intercept of a straight line is/are
- A) one
- B) two
- C) one or three
- D) three
In given Qrtly, data the first step in computing seasonal index is calculating:
- A) 4 qtr moving average.
- B) Discard highest and lowest values.
- C) 3 qtr. moving average.
- D) 4 qtr. Moving total.
The sum of the deviations about the mean are always:
- A) zero
- B) the range
- C) positive
- D) the standard deviation total
A scatter diagram:
- A) d) Both a and b are correct
- B) c) Does not allow negative values.
- C) a) Is a graphic tool designed to portray the relationship between variable.
- D) b) Uses interval or ratio scale data.