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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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