Questions
1
One of the category of the statistical method is
Answer: inferential statistics
2
The branch of statistics in which the data is collected according to ordinal scale or nominal scale is classified as
Answer: non-parametric statistics
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3
The time frame to complete a transaction in bank is classified as
Answer: process
4
The type of rating scale which represents response of respondents by marking at appropriate point is classified as
Answer: graphic rating scale
6
The scale which is used to determine the ratios equality is considered as
Answer: ratio scale
7
The examples of variables in statistical phenomenon consists
Answer: all of above
8
The procedures of descriptive statistics and control charts which are used to improve the process are classified as
Answer: statistical tools
9
The analytical study of breakeven point and decisions related to investments in uncertain conditions is an example of
Answer: statistics in finance
10
The measurement scale which allows the researchers and statisticians to perform certain operations on the data collected from respondents is classified as
Answer: interval scale
