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MBA Business Statistics MCQs (MBA Business Administration) From Textbook

MBA Business Statistics MCQs – Practice Test 8 (Chapter 1)

Data and Statistics Notes Questions with Answers PDF Download – Test 8

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Study MBA Business Statistics Notes App (Free) with MCQ: "Positive value of correlation means the two associated variable are"; with answers: minimal correlated, highly correlated, positively correlated, and negatively correlated. Practice Time Series Patterns Quiz Questions, download Kobo e-Book (Free Chapter) to improve professional growth.

Data and Statistics MCQs – Practice Test 8 PDF Download

MCQ 36: Positive value of correlation means the two associated variable are:

  1. Highly correlated
  2. Minimal correlated
  3. Positively correlated
  4. Negatively correlated

MCQ 37: Difference between the 3rd Quartile and 1st Quartile is known to be:

  1. Inter-Decile range
  2. Inter-Percentile range
  3. Inter-Quartile Range
  4. Inter-relation Range

MCQ 38: While drawing a hypothesis, encountered errors can be classified into:

  1. 2 types
  2. 3 types
  3. 4 types
  4. 5 types

MCQ 39: Any change in scale is considered to effect the:

  1. Mean value
  2. Median value
  3. Covariance
  4. Correlation

MCQ 40: The middle value of any data set after arranging data in some order is known to be its:

  1. Central point
  2. Mean
  3. Mode
  4. Median

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