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Quantitative Techniques in Management

QUESTION 1. SPSS stands for which of the following?

Statistical Package for the Social Sciences

Statistics Problems Solved Smart

Simple Package for Science Statistics

Simple Program for Statistics and Science

QUESTION 2. “The set of values of the statistic so obtained, one for each sample, constitutes what is called:”

Sampling distribution

Systematic sampling

Stratified sampling

Cluster sampling

QUESTION 3. “When an investigator uses the data which has already been collected by others, such data is called ________.”

Primary data

Collected data

Processed data

Secondary data

QUESTION 4. Arithmetic mean is 25 and all sum of observations is 350 then number of observations are

25

70

14

75

QUESTION 5. Which of the following statements are true?

“The larger the sample size, the greater the sampling error”

“The more categories or breakdowns you want to make in your data analysis, the larger the sample needed.”

“The fewer categories or breakdowns you want to make in your data analysis, the larger the sample needed.”

“As sample size decreases, so does the size of the confidence interval”

QUESTION 6. Branches of statistics includes

applied statistics

mathematical statistics

industry statistics

both a and b

QUESTION 7. For any discrete distribution standard deviation is not less than

Mean deviation from mean

Mean deviation from median

Mode

None of these

QUESTION 8. “Find the variance and standard deviation for the data:57, 64, 43, 67, 49, 59, 44, 47, 61, 59”

8.13

4.2

6.8

8.89

QUESTION 9. Mean or average used to measure central tendency is called

sample mean

arithmetic mean

negative mean

population mean

QUESTION 10. The need for inferential statistical methods derives from the need for ______________.

Population

Association

Sampling

Probability

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QUESTION 11. “A population, in statistical terms, is the totality of things under consideration. It is the collection of all values of the _____ that is under study.”

Instance

Variable

Amount

Measure

QUESTION 12. Method used to compute average or central value of collected data is considered as

measures of positive variation

measures of central tendency

measures of negative skewness

measures of negative variation

QUESTION 13. Sampling is simply a process of learning about the ___on the basis of a sample drawn from it.

Census

Population

Group

Area

QUESTION 14. Diagrams such as cubes and cylinders are classified as

one dimension diagrams

two dimension diagram

three dimensional diagrams

dispersion diagrams

QUESTION 15. “Value of }fx is 180, A= 22, and width of class interval is 5, arithmetic mean is 120 then observations are”

59

30

39.5

49.5

QUESTION 16. “Find the range for the following data:14, 16, 16, 14, 22, 13, 15, 24, 12, 23, 14, 20, 17, 21, 22, 18, 18, 19, 20, 17, 16, 15, 11, 12, 21, 20, 17, 18, 19, 23”

13

12

14

16

QUESTION 17. “Find the mode in following numbers:- 9,8,15,8,20”

15

8

9

20

QUESTION 18. The sampling errors arise due to drawing faulty inferences about the ____ based upon the results of the samples.

Sample

Survey

Population

Census

QUESTION 19. ___________ is one which is collected by the investigator himself for the purpose of a specific inquiry or study.

Secondary data

Primary data

Statistical data

Published data

QUESTION 20. “In two units of company, employees in unit one are 650 and monthly salary is INR 2750, employees in unit two are 700 and monthly salary is INR 2500 then combined arithmetic mean is”

“INR 2,620”

“INR 2,520”

“INR 2,420”

“INR 2,320”

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