InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1051. |
The ages of 5 husbands and their wives are tabulated below. Find the correlation coefficient for their ages. Husband′s age (X)Wife′s age (Y)24212828322836344039 |
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Answer» The ages of 5 husbands and their wives are tabulated below. Find the correlation coefficient for their ages. Husband′s age (X)Wife′s age (Y)24212828322836344039 |
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| 1052. |
Calculate the mean deviation from median and coefficient of MD from the given data XFrequency1281812251535234716551862317512 |
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Answer» Calculate the mean deviation from median and coefficient of MD from the given data XFrequency1281812251535234716551862317512 |
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| 1053. |
The mode of the given data Wages(in Rs.)No. of workers0−535−10710−151515−203020−252025−301030−355 is |
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Answer» The mode of the given data |
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| 1054. |
Calculate the mean deviation using mean and standard deviation for the following distribution.ClassesFrequencies20−40340−80680−10020100−12012120−1409Total 50 |
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Answer» Calculate the mean deviation using mean and standard deviation for the following distribution. |
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| 1055. |
Bar diagram is a (a) one-dimensional diagram (b) two-dimensional diagram (c) diagram with no dimension (d) none of these |
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Answer» Bar diagram is a (a) one-dimensional diagram (b) two-dimensional diagram (c) diagram with no dimension (d) none of these |
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| 1056. |
The preferred characteristic(s) of a base year is(are) |
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Answer» The preferred characteristic(s) of a base year is(are) |
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| 1057. |
Mention two points on the significance of Statistics in Economics. |
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Answer» Mention two points on the significance of Statistics in Economics. |
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| 1058. |
Consider the following committees constituted from time to time to determine poverty line and match them with their key recommendation: Which of the above statements is/are correct |
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Answer» Consider the following committees constituted from time to time to determine poverty line and match them with their key recommendation:
Which of the above statements is/are correct |
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| 1059. |
The size of land holdings of 380 families in a village is given below. Find the median size of land holdings. Size of Land Holdings in(acres) Less than 100100−200200−300300−400400 and aboveNumber of Families40891486439 |
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Answer» The size of land holdings of 380 families in a village is given below. Find the median size of land holdings. Size of Land Holdings in(acres) Less than 100100−200200−300300−400400 and aboveNumber of Families40891486439 |
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| 1060. |
What are sub-divided bar diagrams? |
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Answer» What are sub-divided bar diagrams? |
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| 1061. |
Find out range and coefficient of range of the following series. Size5−1010−1515−2020−2525−30Frequency49153040 |
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Answer» Find out range and coefficient of range of the following series. Size5−1010−1515−2020−2525−30Frequency49153040 |
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| 1062. |
The following table contains the cost of 5 motorcycles and their corresponding mileages in (km/litre). Find the correlation coefficient using the shortcut method. Cost (X)Mileage (Y)500004010000030150000252000001525000010 |
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Answer» The following table contains the cost of 5 motorcycles and their corresponding mileages in (km/litre). Find the correlation coefficient using the shortcut method. |
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| 1063. |
Figure shows four paths along which 4 different objects move from a starting point to a final point, all in the same time interval. The gridlines are equally spaced. Rank the paths according to the average speed, greatest first. |
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Answer» Figure shows four paths along which 4 different objects move from a starting point to a final point, all in the same time interval. The gridlines are equally spaced. Rank the paths according to the average speed, greatest first. |
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| 1064. |
When are the two variables said to be in perfect correlation? |
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Answer» When are the two variables said to be in perfect correlation? |
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| 1065. |
On the basis of the following information, calculate Fisher's index number: |
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Answer» On the basis of the following information, calculate Fisher's index number:
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| 1066. |
Find the coefficient of mean deviation about median for the following cumulative frequency distribution: xfrequencyCumulative frequency221134233925458135482156930684347843884240 |
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Answer» Find the coefficient of mean deviation about median for the following cumulative frequency distribution: |
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| 1067. |
Which of the following errors is more serious and why? (a) Sampling error (b) Non-sampling error |
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Answer» Which of the following errors is more serious and why? (a) Sampling error (b) Non-sampling error |
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| 1068. |
The mean of following frequency table is 50. If the total of frequency is 120. Then the missing frequencies f1,f2 are respectively Class0−2020−4040−6060−8080−100Frequency17f132f219 |
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Answer» The mean of following frequency table is 50. |
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| 1069. |
The number of points at which log |x| is discontinuous? |
| Answer» The number of points at which log |x| is discontinuous? | |
| 1070. |
In the reaction, 2NH3+F2⟶N2F4+6HF 16.85g of N2F4 is obtained by mixing 2gNH3 and 8g F2. The percentage yield of the production is: |
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Answer» In the reaction, 2NH3+F2⟶N2F4+6HF 16.85g of N2F4 is obtained by mixing 2gNH3 and 8g F2. The percentage yield of the production is: |
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| 1071. |
Textual presentation is otherwise known as ___. |
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Answer» Textual presentation is otherwise known as |
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| 1072. |
Why do we need an index number? |
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Answer» Why do we need an index number? |
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| 1073. |
The runs scored by a batsman in 60 innings are given below. Find the standard deviation of the runs using the assumed mean method. Runs0−2020−4040−6060−8080−100100−120No.of innings152012544 |
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Answer» The runs scored by a batsman in 60 innings are given below. Find the standard deviation of the runs using the assumed mean method. |
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| 1074. |
P01=∑(P1Q0P0Q0)×100 is the formula of: |
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Answer» P01=∑(P1Q0P0Q0)×100 is the formula of: |
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| 1075. |
Discuss the importance of Statistics in Business. |
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Answer» Discuss the importance of Statistics in Business. |
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| 1076. |
Write the negation of the following statements: (i) Chennai is the capital of Tamil Nadu. (ii) √2 is not a complex number. (iii) All triangles are not equilateral triangles. (iv) The number 2 is greater than 7. (v) Every natural number is an integer. |
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Answer» Write the negation of the following statements: (i) Chennai is the capital of Tamil Nadu. (ii) √2 is not a complex number. (iii) All triangles are not equilateral triangles. (iv) The number 2 is greater than 7. (v) Every natural number is an integer. |
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| 1077. |
From the following data construct fisher's ideal index: ItemsBase year priceBase year quantityCurrent year priceCurrent year quantityA550760B615810C881112D7201015 |
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Answer» From the following data construct fisher's ideal index: |
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| 1078. |
Given the following data: YearCPI Industrial workerCPI of Urban Non- Manual EmployeesCPI agricultural WPI (1993-94=100 )1995−96313257234121.61996−97342283256127.21997−98336302264132.81998−99414337293140.71999−00428352306145.31995−96444252234155.72000−02463390309161.32002−03482405319166.82003−04500420331175.9 Source Economic Survey, Government of India 2004 - 2005 (i) Calculate the inflation rates using different index numbers. (ii) Comment on the relative values of the index numbers. (iii) Are they comparable? |
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Answer» Given the following data: YearCPI Industrial workerCPI of Urban Non- Manual EmployeesCPI agricultural WPI (1993-94=100 )1995−96313257234121.61996−97342283256127.21997−98336302264132.81998−99414337293140.71999−00428352306145.31995−96444252234155.72000−02463390309161.32002−03482405319166.82003−04500420331175.9 |
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| 1079. |
Explain briefly the method of collecting data through mailed questionnaire. State its merits and demerits. |
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Answer» Explain briefly the method of collecting data through mailed questionnaire. State its merits and demerits. |
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| 1080. |
Calculate Karl Pearson's coefficient of correlation by actual mean method: Price (Rs)1012141618Quatity (Units)2029212228 |
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Answer» Calculate Karl Pearson's coefficient of correlation by actual mean method: Price (Rs)1012141618Quatity (Units)2029212228 |
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| 1081. |
Find the mean deviation about the mean for the given data. Q2. 38, 70, 48, 40, 42, 55, 63, 46, 54, 44 |
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Answer» Find the mean deviation about the mean for the given data. Q2. 38, 70, 48, 40, 42, 55, 63, 46, 54, 44 |
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| 1082. |
If there is no correlation between two variables, then ___ |
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Answer» If there is no correlation between two variables, then |
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| 1083. |
How does the imposition of a unit tax affect the supply curve of a firm? |
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Answer» How does the imposition of a unit tax affect the supply curve of a firm? |
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| 1084. |
State the assumptions made while determining the production possibility curve. |
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Answer» State the assumptions made while determining the production possibility curve. |
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| 1085. |
Given the following data : Year2004−052005−062006−072007−082008−092009−102010−112011−12WPI(2004−05)121.6127.2132.8140.7145.7155.7161.3166.8 Calculate the inflation rate. |
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Answer» Given the following data : Year2004−052005−062006−072007−082008−092009−102010−112011−12WPI(2004−05)121.6127.2132.8140.7145.7155.7161.3166.8 Calculate the inflation rate. |
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| 1086. |
Compare the merits of census method and sampling method of collection of data. |
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Answer» Compare the merits of census method and sampling method of collection of data.
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| 1087. |
What are the characteristics of a good measure of dispersion? |
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Answer» What are the characteristics of a good measure of dispersion? |
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| 1088. |
Depict 8 as tally mark |
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Answer» Depict 8 as tally mark |
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| 1089. |
Calculate the correlation coefficient between X and Y and comment on their relationship. X134578Y268101416 |
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Answer» Calculate the correlation coefficient between X and Y and comment on their relationship. X134578Y268101416 |
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| 1090. |
The reasons for deflation in Japan for almost 2 decades beginning early 1990s could be attributed to______. |
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Answer» The reasons for deflation in Japan for almost 2 decades beginning early 1990s could be attributed to______. |
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| 1091. |
Identify the correct formula for calculating r using the step deviation method, where U and V are the step deviations of X and Y. |
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Answer» Identify the correct formula for calculating r using the step deviation method, where U and V are the step deviations of X and Y. |
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| 1092. |
Find the first quartile for the following data. ObservationFrequency1271561813325331145144845310 |
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Answer» Find the first quartile for the following data. |
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| 1093. |
Explain the implications of the feature 'homogeneous products' in perfectly competitive markets. |
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Answer» Explain the implications of the feature 'homogeneous products' in perfectly competitive markets. |
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| 1094. |
Let P be the statement 'Ravi races' and let Q be the statement 'Ravi wins'. Then the verbal translation of ∼(P ∨∼Q) is |
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Answer» Let P be the statement 'Ravi races' and let Q be the statement 'Ravi wins'. Then the verbal translation of ∼(P ∨∼Q) is |
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| 1095. |
Define Mode. Calculate Mode of the following frequency distribution: Marks10−1515−2020−2525−3030−3535−4040−45No.of Students371612953 |
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Answer» Define Mode. Calculate Mode of the following frequency distribution: Marks10−1515−2020−2525−3030−3535−4040−45No.of Students371612953 |
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| 1096. |
If scatter diagram is a straight line parallel to X axis or Y axis, What kind of correlation exist between X and Y? |
| Answer» If scatter diagram is a straight line parallel to X axis or Y axis, What kind of correlation exist between X and Y? | |
| 1097. |
State three merits and three demerits of collecting data by 'Personal Interview'. |
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Answer» State three merits and three demerits of collecting data by 'Personal Interview'. |
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| 1098. |
Arjun and Karna had an archery competition where they had to shoot a target board with 7 concurrent circles dividing the board into 8 concurrent circular strips. The score for each successive outer strip decreases by unity with the centermost circle having a score of 8. Both of them took 78 shots. Dronacharya had difficulty in deciding who the winner was after the scores were recorded. Calculate the mean deviation about the score of innermost circle so as to decide who the winner is. Assume that the winner is less deviated from the bulls eye. Points87654321Arjun(fi)571423111044Karna(fi)58112414853 |
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Answer» Arjun and Karna had an archery competition where they had to shoot a target board with 7 concurrent circles dividing the board into 8 concurrent circular strips. The score for each successive outer strip decreases by unity with the centermost circle having a score of 8. Both of them took 78 shots. Dronacharya had difficulty in deciding who the winner was after the scores were recorded. Calculate the mean deviation about the score of innermost circle so as to decide who the winner is. Assume that the winner is less deviated from the bulls eye. Points87654321Arjun(fi)571423111044Karna(fi)58112414853 |
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| 1099. |
Rectify the following errors. (a) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 700. (b) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 900. (c) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 400. (d) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 100. |
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Answer» Rectify the following errors. (a) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 700. (b) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 900. (c) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 400. (d) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 100. |
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| 1100. |
Find the median class for the given distribution: Weekly wages (in Rs.)0−100100−200200−300300−400400−500No. of workers4039343045 |
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Answer» Find the median class for the given distribution: |
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