Quiz: Business Mathematics & Statistics #2

10 Questions | Total Attempts: 1652

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Quiz: Business Mathematics & Statistics #2 - Quiz

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Questions and Answers
  • 1. 
    The value of x after solving the following linear equation is                                               -2x + 6 = 4x - 2
    • A. 

      0

    • B. 

      3

    • C. 

      1/2

    • D. 

      4/3

  • 2. 
    Sum of annuity is always:
    • A. 

      Present Value

    • B. 

      Future Value

    • C. 

      Net Present Value

    • D. 

      Current Value

  • 3. 
    How many arrangements can be made of the letter BUSINESS:
    • A. 

      6721

    • B. 

      6720

    • C. 

      6723

    • D. 

      6725

  • 4. 
    The RSQ of any data is:
    • A. 

      Square root of correlation coefficient.

    • B. 

      Square of correlation coefficient.

    • C. 

      Correlation coefficient.

    • D. 

      Slope of the data.

  • 5. 
    How many ways can 10 letters be posted in 5 post boxes, if each of the post boxes can take more than 10 letters?
    • A. 

      5^10

    • B. 

      10^5

    • C. 

      10P5

    • D. 

      10C5

  • 6. 
    When there is no linear correlation between two variables, what will the value of r be?
    • A. 

      1

    • B. 

      -1

    • C. 

      0

    • D. 

      A very small negative number

  • 7. 
    The mode of the words in the word  CORRELATION is:
    • A. 

      L

    • B. 

      R

    • C. 

      O

    • D. 

      Both R and O

  • 8. 
    The point where a straight line cuts the X-axis is called:
    • A. 

      Slope

    • B. 

      Starting point

    • C. 

      Y-intercept

    • D. 

      X-intercept

  • 9. 
    Which of the following indicates a strong positive correlation.
    • A. 

      R=0

    • B. 

      R=-0.793

    • C. 

      R=0.913

    • D. 

      R=0.45

  • 10. 
    Which of the following is not a type of graph?
    • A. 

      Line graph

    • B. 

      Frequency distributions

    • C. 

      Histogram

    • D. 

      Median

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