Home / MCQ Bank / Commerce

Commerce Business Statistics And Research Methods Difficulty: Medium

Which of the following statement/s is/are true in context of ANOVA? 1. ANOVA is an acronym for "analysis of variance" 2. ANOVA is a parametric statistical hypothesis test to determine whether the means from two or more samples of data come from the same distribution or not. 3. ANOVA is used when one variable is numeric and one is categorical, such as numerical input variables and a classification target variable in a classification task. 4. ANOVA is a class of statistical tests that calculate the ratio between variances values, such as the variance from two different samples. 5. ANOVA tell us the explained and unexplained variance by a statistical test.

Select the correct option to test your answer:

More Commerce Questions

What shall be the amount of Shareholders fund, if Equity Share Capital is Rs. 16,00,000, 8% Preference Share Capital is Rs. 2,00,000, General Reserve Rs. 73,000, Profit and Loss account balance (Cr.) Rs. 41,000, Preliminary Expenses. Rs. 20,000 and Short-term liabilities Rs. 30,000: Which of the following statements are true? 1. The coefficient of rank correlation has the same limits as the Karl Pearson's coefficient of correlation. 2. The coefficient of correlation is independent of the change of origin but not of scale. 3. The covariance between $$X$$ and $$Y$$ is defined as $$\frac{{\sum {xy} }}{n}$$ where, $$x = \left( {X - \overline X } \right),y = \left( {Y - \overline Y } \right)$$ and $$n = $$ no. of paired observations. 4. $${b_{xy}}$$ is called regression coefficient of $$X$$ variable on $$Y$$ variable. 5. If $${b_{xy}}$$ is 0.4 and $${b_{yx}}$$ is 1.6, coefficient of determination would be 0.8. Select the correct answer: Which of the following is not included in the function of physical supply? Controller of Certifying Authorities (CCA) work under? Present value of portfolio is Rs 1300 and current value of stock in portfolio is Rs 2300 then current option price will be