Top 50+ Solved Statistics for Tourism Business MCQ Questions Answer
Q. The mean of a observation is x. If k is added to each observation then new mean is_______________
a. x
b. x+k
c. x-k
d. kx
Q. Method of least squares to fit in the trend is applicable only if the trend is____________
a. linex
b. parabolic
c. both a & b
d. neither a nor c
Q. If the prices of all commodities in a place have increased 1.25 times more on the base period price. The index number of prices of that place is now
a. 125
b. 150
c. 225
d. None of these