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This set of Quantitative Techniques for Business Multiple Choice Questions & Answers (MCQs) focuses on Quantitative Techniques For Business Set 1

Q1 | The techniques which provide the decision maker a systematic and powerful means of analysis toexplore policies for achieving predetermined goals are called.................
  • mathematical techniques
  • correlation technique
  • quantitative techniques
  • none of the above
Q2 | Programming techniques are generally known as ...................................
  • statistical techniques
  • mathematical techniques
  • operation research techniques
  • none of these
Q3 | .................................is the reverse process of differentiation
  • differential equation
  • integration
  • determinant
  • none of these
Q4 | .............................. is a powerful device developed over the matrix algebra.
  • integration
  • differentiation
  • determinants
  • none of these
Q5 | Correlation analysis is a........................... analysis.
  • univariate analysis
  • bivariate analysis
  • game theory
  • queuing theory
Q6 | When the values of two variables move in the same direction, correlation is said to be ..........
  • positive
  • negative
  • linear
  • non-linear
Q7 | When the values of two variables move in the opposite direction, correlation is said to be……
  • positive
  • negative
  • linear
  • non-linear
Q8 | When the amount of change in one variable leads to a constant ratio of change in the othervariable, correlation is said to be ............................
  • positive
  • negative
  • linear
  • non-linear
Q9 | Scatter diagram is also called ...................................
  • correlation graph
  • zero correlation
  • probability
  • none of the above
Q10 | If all the points of a scatter diagram lie on a straight line falling from the lower left-hand corner tothe upper right-hand corner, the correlation is said to be ..........................
  • zero correlation
  • perfect positive correlation
  • perfect negative correlation
  • high degree of positive correlation
Q11 | If all the dots of a scatter diagram lie on a straight line falling from the upper left-hand corner tothe lower right hand corner, the correlation is said to be ..........................
  • zero correlation
  • perfect positive correlation
  • perfect negative correlation
  • high degree of negative correlation
Q12 | The quantitative measure of correlation between two variables is known as.....................
  • coefficient of correlation
  • coefficient of regression
  • coefficient of determination
  • none of the above
Q13 | Coefficient of correlation measures ...........................................
  • location
  • variability
  • concentration
  • relation
Q14 | Coefficient of correlation lies between .....................................
  • 0 and 1
  • 0 and -1
  • +1 and -1
  • none of these
Q15 | Correlation can be ............................................
  • positive only
  • negative only
  • between +1 and -1
  • positive
Q16 | If r= +1, the correlation is said to be .......................
  • perfectly positive correlation
  • high degree of correlation
  • direction and degree
  • none of the above
Q17 | An analysis of the covariance between two or more variables is called ..............................
  • regression analysis
  • correlation analysis
  • testing of hypothesis
  • none of these
Q18 | In correlation analysis, P.E. = ....................0.6745
  • standard error
  • probable error
  • coefficient of non-determination
  • coefficient of alienation
Q19 | If correlation between the two variables is unity , there exists ........................................
  • perfect +ve correlation
  • perfect -ve correlation
  • zero correlation
  • perfect correlation
Q20 | In correlation analysis, the formulae 1-r2 is used to compute the value of .......................
  • coefficient of determination
  • coefficient of non-determination
  • coefficient of correlation
  • coefficient of alienation
Q21 | Study of correlation between two sets of data only is called ..............................
  • partial correlation
  • simple correlation
  • multiple correlation
  • none of the above
Q22 | ………..is the study of correlation between one dependent variable with one independent variable bykeeping the other independent variables as constant.
  • multiple correlation
  • simple correlation
  • partial correlation
  • none of the above
Q23 | ……….is the study of correlation among three or more variable simultaneously.
  • multiple correlation
  • partial correlation
  • simple correlation
  • none of the above
Q24 | In a correlation analysis, if r=0, then we may say that, there is ..................... between variables.
  • no correlation
  • perfect correlation
  • linear correlation
  • none of the above