Deck 6: Statistics and Statistical Analysis

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Question
The control charts used for the fraction of defective items in a sample is............................

A)Range chart
B)P-chart
C)C-chart
D)Mean chart
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Question
........................is user for testing goodness of fit.

A)Wilcoxon test
B)Sign test
C)K-S Test
D)Chi-square test
Question
Regression coefficient is independent of...........................

A)Origin
B)Scale
C)Both a and b
D)Neither origin nor scale
Question
The geometric mean of the two regression coefficient, bxy and byx is equal to:

A)R
B)r2
C)1
D)None of the above
Question
In a correlation analysis, if r= 0, then we may say that there is .................. between variables.

A)No correlation
B)Linear correlation
C)Perfect correlation
D)none of these
Question
If 'r' is the correlation coefficient between two variables, then:

A)0 < r < 1
B)- 1 ? r ? 1
C)r ? 0
D)r ? 0
Question
Statistics can be best considered as

A)an art
B)science
C)both art as well as science
D)art and philosophy
Question
The mid point of a class is obtained by

A)adding upper and lower limit
B)deducting upper limit from the lower limit
C)dividing the diference of upper and lower limit by 2
D)ading upper and lower limit and dividing by 2
Question
The algebraic sum of the deviations of a set of a n values from their arithmetic mean is

A)n
B)0
C)1
D)-1
Question
Standard deviation is

A)absolute measure
B)relative measure
C)both
D)none
Question
Coefficient of variation is a relative measure of

A)mean
B)standard deviation
C)range
D)dispersion
Question
In a business house, statistics decreases the:

A)risk
B)uncertainty
C)profit
D)sales
Question
Cartograph is a:

A)line diagram
B)bar diagram
C)map
D)circle
Question
Statistical results are all the time:

A)qualitative one
B)an average
C)an exact result
D)an isolated number
Question
Economics cannot be a successful subject without:

A)business
B)commerce
C)statistics
D)management
Question
The arithmetic mean between 5 + 3 and 5 - 3 is:

A)3
B)3.
C)5.
D)5
Question
The geometric mean of two numbers is 16. If one number is 32, the other number is:

A)4
B)6
C)8
D)10
Question
The harmonic mean of 4 and 6 is:

A)4.5
B)4.8
C)5
D)5.5
Question
Difference between highest and lowest value called:

A)standard deviation
B)Mean Deviation
C)Quartile Deviation
D)Range
Question
Open-end classes are those in which

A)lower limit of the first class and the upper limit of the last class are known
B)lower limit of the first class and the upper limit of the last class are not known
C)only lower limit of the first class are known
D)none of the above
Question
Relationship of mean, median and mode according to Karl Pearson is

A)mode = 2median - 3mean
B)median = 2mode - 2mean
C)mode = 3median - 2 mean
D)none of the above
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Deck 6: Statistics and Statistical Analysis
1
The control charts used for the fraction of defective items in a sample is............................

A)Range chart
B)P-chart
C)C-chart
D)Mean chart
P-chart
2
........................is user for testing goodness of fit.

A)Wilcoxon test
B)Sign test
C)K-S Test
D)Chi-square test
Chi-square test
3
Regression coefficient is independent of...........................

A)Origin
B)Scale
C)Both a and b
D)Neither origin nor scale
Origin
4
The geometric mean of the two regression coefficient, bxy and byx is equal to:

A)R
B)r2
C)1
D)None of the above
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k this deck
5
In a correlation analysis, if r= 0, then we may say that there is .................. between variables.

A)No correlation
B)Linear correlation
C)Perfect correlation
D)none of these
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k this deck
6
If 'r' is the correlation coefficient between two variables, then:

A)0 < r < 1
B)- 1 ? r ? 1
C)r ? 0
D)r ? 0
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k this deck
7
Statistics can be best considered as

A)an art
B)science
C)both art as well as science
D)art and philosophy
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Unlock for access to all 21 flashcards in this deck.
Unlock Deck
k this deck
8
The mid point of a class is obtained by

A)adding upper and lower limit
B)deducting upper limit from the lower limit
C)dividing the diference of upper and lower limit by 2
D)ading upper and lower limit and dividing by 2
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Unlock Deck
k this deck
9
The algebraic sum of the deviations of a set of a n values from their arithmetic mean is

A)n
B)0
C)1
D)-1
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k this deck
10
Standard deviation is

A)absolute measure
B)relative measure
C)both
D)none
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11
Coefficient of variation is a relative measure of

A)mean
B)standard deviation
C)range
D)dispersion
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12
In a business house, statistics decreases the:

A)risk
B)uncertainty
C)profit
D)sales
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13
Cartograph is a:

A)line diagram
B)bar diagram
C)map
D)circle
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14
Statistical results are all the time:

A)qualitative one
B)an average
C)an exact result
D)an isolated number
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k this deck
15
Economics cannot be a successful subject without:

A)business
B)commerce
C)statistics
D)management
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Unlock for access to all 21 flashcards in this deck.
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16
The arithmetic mean between 5 + 3 and 5 - 3 is:

A)3
B)3.
C)5.
D)5
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17
The geometric mean of two numbers is 16. If one number is 32, the other number is:

A)4
B)6
C)8
D)10
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18
The harmonic mean of 4 and 6 is:

A)4.5
B)4.8
C)5
D)5.5
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19
Difference between highest and lowest value called:

A)standard deviation
B)Mean Deviation
C)Quartile Deviation
D)Range
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20
Open-end classes are those in which

A)lower limit of the first class and the upper limit of the last class are known
B)lower limit of the first class and the upper limit of the last class are not known
C)only lower limit of the first class are known
D)none of the above
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21
Relationship of mean, median and mode according to Karl Pearson is

A)mode = 2median - 3mean
B)median = 2mode - 2mean
C)mode = 3median - 2 mean
D)none of the above
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