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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The histograms and pie charts are classified as one dimensional diagrams because only |
| A. | length is considered |
| B. | width is considered |
| C. | length plus width is considered |
| D. | breadth is considered |
| Answer» B. width is considered | |
| 2. |
Considering the types of diagrams, squares, circles and rectangles are classified as |
| A. | cumulative diagram |
| B. | dispersion diagrams |
| C. | one dimension diagrams |
| D. | two dimension diagram |
| Answer» E. | |
| 3. |
The type of bar chart that is used to present deficit in loss, excess in exports and deficit in imports is classified as |
| A. | ungrouped bar charts |
| B. | grouped bar charts |
| C. | deviation bar charts |
| D. | dimension bar charts |
| Answer» D. dimension bar charts | |
| 4. |
The graphical diagram in which total number of observations are represented in percentages rather than absolute values is classified as |
| A. | asymmetrical diagram |
| B. | ungrouped diagram |
| C. | grouped diagram |
| D. | pie diagram |
| Answer» E. | |
| 5. |
The types of histograms includes |
| A. | deviation bar charts |
| B. | paired bar charts |
| C. | grouped charts |
| D. | all of above |
| Answer» E. | |
| 6. |
The revenues are subtracted from cost of direct materials of goods sold to calculate |
| A. | throughput contribution |
| B. | operating cost contribution |
| C. | operating contribution |
| D. | marginal contribution |
| Answer» B. operating cost contribution | |
| 7. |
The time between a customer placed until customer receives its delivery is classified as |
| A. | manufacturing lead time |
| B. | manufacturing cycle time |
| C. | customer response time |
| D. | system process time |
| Answer» D. system process time | |
| 8. |
The quality aspect of which refers how well the product fulfills the demand of customers is classified as |
| A. | learning quality |
| B. | design quality |
| C. | conformance quality |
| D. | business process quality |
| Answer» C. conformance quality | |
| 9. |
The timeframe between placement of order until a finished good is produced is classified as |
| A. | customer response time |
| B. | manufacturing lead time |
| C. | manufacturing cycle time |
| D. | both b and c |
| Answer» E. | |
| 10. |
The carrying costs of inventories and price discounts related to delayed deliveries are examples of |
| A. | measures of growth and learning |
| B. | measures of internal business processes |
| C. | customer measures |
| D. | financial measures |
| Answer» E. | |
| 11. |
The formal way of differentiating between non-random and random variations in manufacturing process is classified as |
| A. | statistical process control |
| B. | statistical failure control |
| C. | statistical control of prevention cost |
| D. | statistical control of sunk cost |
| Answer» B. statistical failure control | |
| 12. |
The costs that are incurred to find which manufactured product does not meet specifications are called |
| A. | prevention costs |
| B. | external failure costs |
| C. | appraisal costs |
| D. | internal failure costs |
| Answer» D. internal failure costs | |
| 13. |
The reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are examples of |
| A. | measures of growth and learning |
| B. | measures of internal business processes |
| C. | customer measures |
| D. | financial measures |
| Answer» C. customer measures | |
| 14. |
The company wants to nurture, retain and grow its customer of the customer group called |
| A. | True friend |
| B. | Barnacles |
| C. | Butterflies |
| D. | Strangers |
| Answer» B. Barnacles | |
| 15. |
Firm's performance can be better measured by |
| A. | Current sales |
| B. | Customer equity |
| C. | Market share |
| D. | Both a and b |
| Answer» C. Market share | |
| 16. |
The concept through which the life is brought up in message of advertising strategy in memorable and distinctive way is classified as |
| A. | rational concept |
| B. | reminder concept |
| C. | creative concept |
| D. | persuasive concept |
| Answer» D. persuasive concept | |
| 17. |
Classification of customers are of |
| A. | 2 types |
| B. | 3 types |
| C. | 4 types |
| D. | 5 types |
| Answer» D. 5 types | |
| 18. |
The most crucial and first step in marketing process is |
| A. | Designing a marketing strategy |
| B. | Create customer delight |
| C. | Understanding customer needs and wants |
| D. | Capturing value from customers |
| Answer» D. Capturing value from customers | |
| 19. |
The consumer's and society's long run interests are considered in |
| A. | Societal marketing concept |
| B. | Market concept |
| C. | Product concept |
| D. | selling concept |
| Answer» B. Market concept | |
| 20. |
The median of a moderately skewed distribution is 8, third quartile is 12, first quartile is 8 and inter-quartile range is 4 then relative coefficient of skewness is |
| A. | ±8 |
| B. | ±1 |
| C. | ±9 |
| D. | ±11 |
| Answer» C. ±9 | |
| 21. |
The coefficient of skewness method in which the basis of measuring is deciles and percentiles is classified as |
| A. | Gary's coefficient of skewness |
| B. | Sharma's coefficient of skewness |
| C. | Kelly's coefficient of skewness |
| D. | Jack Karl's coefficient of skewness |
| Answer» D. Jack Karl's coefficient of skewness | |
| 22. |
For the grouped data in calculation of moments from mean, the formula to calculate this measure is |
| A. | 2⁄n Σn(x+mean)r |
| B. | 2⁄n Σn(x+mean)x |
| C. | 1⁄n Σf(x-mean)r |
| D. | 2⁄n Σf(x-mean)r |
| Answer» D. 2⁄n Σf(x-mean)r | |
| 23. |
If for a distribution the difference of first quartile and median is greater than difference of median and third quartile then the distribution is classified as |
| A. | absolute open ended |
| B. | positively skewed |
| C. | negatively skewed |
| D. | not skewed at all |
| Answer» C. negatively skewed | |
| 24. |
In kurtosis, the beta is greater than three and quartile range is preferred for |
| A. | mesokurtic distribution |
| B. | mega curve distribution |
| C. | leptokurtic distribution |
| D. | platykurtic distribution |
| Answer» E. | |
| 25. |
Considering the moments in standard units, the fourth alpha with power 1 is equivalent to |
| A. | beta three |
| B. | beta four |
| C. | beta one |
| D. | beta two |
| Answer» E. | |
| 26. |
The first deciles of data is 8, ninth deciles is 12 and fifth deciles is 6 then the coefficient of skewness is |
| A. | ±2 |
| B. | ±1 |
| C. | ±3 |
| D. | ±4 |
| Answer» B. ±1 | |
| 27. |
If the first quartile and third quartile are as 32 and 35 respectively with the median of 20 then distribution is skewed to |
| A. | lower tail |
| B. | upper tail |
| C. | close end tail |
| D. | open end tail |
| Answer» B. upper tail | |
| 28. |
Considering the alpha and beta in moments, the measure of asymmetrical distribution is possible with |
| A. | alpha three and beta one |
| B. | alpha two and beta one |
| C. | alpha three and beta four |
| D. | alpha three and beta two |
| Answer» B. alpha two and beta one | |
| 29. |
If the first quartile and third quartile are as 20 and 18 respectively with the median of 12 then distribution is skewed to |
| A. | close end tail |
| B. | open end tail |
| C. | lower tail |
| D. | upper tail |
| Answer» E. | |
| 30. |
The distribution is considered leptokurtic if |
| A. | beta three is less than three |
| B. | beta two is greater than two |
| C. | beta three is greater than three |
| D. | beta two is greater than three |
| Answer» E. | |
| 31. |
As compared to measures of variation, the measure of skewness is used to understand concentration of |
| A. | values around mean |
| B. | upper tail only |
| C. | lower tail only |
| D. | median coefficients |
| Answer» B. upper tail only | |
| 32. |
Considering the mean, mode and skewness of data, the value of skewness will be positive if |
| A. | mean |
| B. | mean>median |
| C. | mean>mode |
| D. | mean |
| Answer» E. | |
| 33. |
If all the values move towards one tail of a distribution then this scenario results in |
| A. | width of distribution |
| B. | height of distribution |
| C. | lengthening the tail |
| D. | shortening the tail |
| Answer» D. shortening the tail | |
| 34. |
The formula of calculating moment about means for the origin or zero is |
| A. | 1⁄n Σfxr |
| B. | 3⁄4 Σfxn |
| C. | 5⁄7 Σfxr |
| D. | 2⁄10 Σfxr |
| Answer» B. 3⁄4 Σfxn | |
| 35. |
In kurtosis, the beta is less than three and median is preferred as central tendency for |
| A. | leptokurtic distribution |
| B. | platykurtic distribution |
| C. | mesokurtic distribution |
| D. | mega curve distribution |
| Answer» B. platykurtic distribution | |
| 36. |
Consider a set of observations whose mean is 14 and the mode of the same set of observations is 12 then the values of skewness around central value are |
| A. | 2 |
| B. | 26 |
| C. | 1.667 |
| D. | 168 |
| Answer» B. 26 | |
| 37. |
In statistical procedures, the skewness is used to measure the |
| A. | amount of variance |
| B. | amount of upper tail values |
| C. | amount of dispersion |
| D. | direction of dispersion |
| Answer» D. direction of dispersion | |
| 38. |
The kurtosis defines the peakness of the curve in the region which is |
| A. | around the mode |
| B. | around the mean |
| C. | around the median |
| D. | around the variance |
| Answer» B. around the mean | |
| 39. |
According to notations used by R.A. Fisher, the value of beta one with square root is equivalent to |
| A. | gamma four |
| B. | gamma one |
| C. | gamma two |
| D. | gamma three |
| Answer» C. gamma two | |
| 40. |
In moments, the alphas whose values depends on shape of frequency curve are |
| A. | alpha one and two |
| B. | alpha one and two |
| C. | alpha three and four |
| D. | alpha one and four |
| Answer» D. alpha one and four | |
| 41. |
The method of calculating skewness which is based on the positions of quartiles and median in a distribution is called |
| A. | Gary's coefficient of skewness |
| B. | Sharma's coefficient of skewness |
| C. | Bowley's coefficient of skewness |
| D. | Jack Karl's coefficient of skewness |
| Answer» D. Jack Karl's coefficient of skewness | |
| 42. |
The frequency distribution is considered as negatively skewed if all the values of distribution moves to |
| A. | lower tail |
| B. | median tail |
| C. | variance tail |
| D. | upper tail |
| Answer» B. median tail | |
| 43. |
The frequency distribution is considered as positively skewed if all the values of distribution moves to |
| A. | variance tail |
| B. | upper tail |
| C. | lower tail |
| D. | median tail |
| Answer» C. lower tail | |
| 44. |
Stock market investors are considered as example of |
| A. | Strangers |
| B. | Butterflies |
| C. | True friends |
| D. | Barnacles |
| Answer» C. True friends | |
| 45. |
The 'Millennial' are also classified as |
| A. | generation X |
| B. | generation Y |
| C. | baby boomers |
| D. | both a and b |
| Answer» C. baby boomers | |
| 46. |
The forces and factors that shape customers preferences and behaviors are known as |
| A. | the cultural environment |
| B. | the demographic environment |
| C. | the economic environment |
| D. | the political environment |
| Answer» B. the demographic environment | |
| 47. |
The company's marketing environment consists of |
| A. | Microenvironment |
| B. | Macroenvironment |
| C. | Both a and b |
| D. | None of the above |
| Answer» D. None of the above | |
| 48. |
The large societal forces that affects organizations close factors are known as |
| A. | Microenvironment |
| B. | Macroenvironment |
| C. | Organizations environment |
| D. | Market environment |
| Answer» C. Organizations environment | |
| 49. |
In company's microenvironment, the 'financial publics' consists of |
| A. | banks |
| B. | investment analysis |
| C. | stockholders |
| D. | all of above |
| Answer» E. | |
| 50. |
Physical distribution channels include |
| A. | Retailers |
| B. | Wholesalers |
| C. | Both a and b |
| D. | None of the above |
| Answer» D. None of the above | |