ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 417  421 of 469
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Question number: 417 (4 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
If the income of company Y in the year 2014 was 15 lakhs, what was its expenditure in that year?
Choices
Choice (4)  Response  

a.  Rs. 9 lakhs 

b.  Rs. 10 lakhs 

c.  Rs. 8 lakhs 

d.  All of the above 

Question number: 418 (5 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
What is the percent increase in profit of company X in the year 2013 from the previous year?
Choices
Choice (4)  Response  

a. 


b. 


c. 


d. 


Question number: 419
» Statistical Methods » Regression  Linear and Polynomial
Question
What is the relationship between correlation coefficient and coefficient of determination?
Choices
Choice (4)  Response  

a.  No relation exists. 

b.  The coefficient of determination is the square of the correlation coefficient. 

c.  The coefficient of determination is the square root of the correlation coefficient. 

d.  Correlation coefficient and coefficient of determination are equal 

Question number: 420
» Statistical Methods » Skewness and Kurtosis
Question
Suppose we have the following observations:
{12 13 54 56 25}
Determine the type of kurtosis present.
Choices
Choice (4)  Response  

a.  More information required for calculation. 

b.  Platykurtic 

c.  Leptokurtic 

d.  Mesokurtic 

Question number: 421
» Statistical Methods » Regression  Linear and Polynomial
Question
The strength (degree) of the correlation between a set of independent variables X and a dependent variable Y is measured by________.
Choices
Choice (4)  Response  

a.  Coefficient of Correlation 

b.  Coefficient of Determination 

c.  Both a. and b. are correct 

d.  Question does not provide sufficient data or is vague 
