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Buiseness Statistics - Part 2
1
of
25
💡
Hints:
3
Q1. Examples of discrete probability distribution
A. Poisson distribution
B. Normal distribution
C. Binomial distribution
Q2. To find the ___ you put all numbers in order from least to greatest and then take the largest number minus the smallest number.
A. Mean
B. Median
C. Mode
D. Range
Q3. Pr(Aor B) =
A. 1-pr(A) + pr(B)
B. pr(A) - pr(B)
C. pr(A) X pr(B)
D. pr(A) + pr(B)
Q4. A sample is
A. a subset of a population
B. an infinite selection of a population
C. a characteristic of a population
D. a data value generated by the statistical information
Q5. If two events are mutually exclusive, then their intersection
A. will be equal to zero
B. canhaveanyvaluelargerthanzero
C. must be larger than zero, but less than one
D. will be one
Q6. Data obtained from measuring
A. Dichotomic
B. Discrete
C. Continuous
D. Polynomic
Q7. What is the standard deviation for the data given:5, 10, 15,
A. 4.88
B. 5.18
C. 4.08
D. 9.18
Q8. Wage and Salary Administration consists of
A. Representative Role
B. Rate Determination
C. Creation of Post
D. All of the above
Q9. MIS stands for?
A. Management Information System
B. Multiple Information System
C. Maximum Information System
D. None of the above
Q10. Range of the coefficient of correlation is
A. + 2
B. ± 1
C. ± 0.5
D. ± 0.25
Q11. Which of the following data collection method requires less staff time?
A. Observations
B. Surveys
C. Interviews
D. Census
Q12. Which one of the following is not in sequence of personnel training procedure i) Instructor Preparation ii) Present the task iii) Try out performance iv) Training preparation v) Follow up.
A. (i), (ii), (iii), (iv) and (v)
B. (ii), (i), (iv), (iii) and (v)
C. (i), (iv), (ii), (iii) and (v)
D. (iii), (i), (ii), (v) and (iv)
Q13. Human Relations Theory focuses on
A. Individuals
B. Role of Individuals
C. System
D. Informal Organisation
Q14. Labour productivity means
A. Output is greater than input
B. Output is less than input
C. Output is equal to input
D. Output is negative
Q15. HRM function does not involve
A. Recruitment
B. Cost control
C. Selection
D. Training
Q16. What is the MEDIAN of this set of data?10, 90, 80, 60, 50, 40, 70, 30, 20, 100
A. 50
B. 60
C. 55
D. 45
Q17. Which is non-monetary incentives?
A. Training
B. Sabbaticals
C. Flexible work hours
D. All of the above
Q18. What is the lower quartile of the numbers 19, 10, 6, 25, 13?
A. 6
B. 8
C. 10
D. 13
Q19. The Workmen’s compensation Act came into force in which year?
A. 1930
B. 1921
C. 1944
D. 1924
Q20. Job analysis includes the preparation of
A. experience and responsibilities
B. qualification and abilities
C. job descriptions and job specifications
D. All of the above
Q21. Given the data, what percent of people like caramel corn?
×
A. 26%
B. 92%
C. 38%
D. 23%
Q22. An experiment is
A. a planned activity whose results yield a set of data
B. a numerical value that summarizes all of the data of an entire population
C. the set of values collected from the variable from each of the elements that belong to the sample
D. A numerical value summarizing the sample data
Q23. What is the upper quartile for the numbers30, 15, 9, 27, 5, 42?
A. 18
B. 21
C. 30
D. 42
Q24. If a data set has an even number of observations, the median
A. Cannot be determined
B. Is the average value of the two middle items
C. Must be equal to the mean
D. Is the average value of the two middle items when all items are arranged in ascending order
Q25. pr (A and B) =
A. pr(A) / pr(B)
B. pr(A) X-pr(B)
C. pr(A) X pr(B)
D. pr(A) + pr(B)
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