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Test: Sampling Theory - 3 - CA Foundation MCQ


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40 Questions MCQ Test Quantitative Aptitude for CA Foundation - Test: Sampling Theory - 3

Test: Sampling Theory - 3 for CA Foundation 2024 is part of Quantitative Aptitude for CA Foundation preparation. The Test: Sampling Theory - 3 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Sampling Theory - 3 MCQs are made for CA Foundation 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Sampling Theory - 3 below.
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Test: Sampling Theory - 3 - Question 1

The ————— that we associate with an interval estimate is called the confidence level.

Test: Sampling Theory - 3 - Question 2

The higher the probability the ———————— is the confidence.

Test: Sampling Theory - 3 - Question 3

The most commonly used confidence levels are

Test: Sampling Theory - 3 - Question 4

The confidence limits are the upper & lower limits of the

Test: Sampling Theory - 3 - Question 5

We use t- distributions when the sample size is

Test: Sampling Theory - 3 - Question 6

We use t- distributions when samples are drawn from the —————— population.

Test: Sampling Theory - 3 - Question 7

For 2 sample values, we have ————— degree of freedom.

Test: Sampling Theory - 3 - Question 8

For 5 sample values, we have ————— degree of freedom.

Test: Sampling Theory - 3 - Question 9

The ratio of the no. of elements possessing a characteristic to the total no. of elements in the population is known as

Test: Sampling Theory - 3 - Question 10

The ratio of the no. of elements possessing a characteristic to the total no. of elements in a sample is known as

Test: Sampling Theory - 3 - Question 11

The mean of the sampling distribution of sample proportion is ——————— the population proportion.

Test: Sampling Theory - 3 - Question 12

For ————— samples , the sample proportion is an unbiased estimate of the population proportion.

Test: Sampling Theory - 3 - Question 13

The finite population correction factors should be used when the population is

Test: Sampling Theory - 3 - Question 14

Which would you prefer for ——” The universe is large”

Test: Sampling Theory - 3 - Question 15

Which would you prefer for ——” The Statistical inquiry is in depth”

Test: Sampling Theory - 3 - Question 16

Which would you prefer for ——” Where testing destroys the quality of the product”

Test: Sampling Theory - 3 - Question 17

In Hypothesis Testing when H0 is true, it is called

Test: Sampling Theory - 3 - Question 18

P (type I error) means

Test: Sampling Theory - 3 - Question 19

The procedures for determining the sample size for estimating a population proportion are similar to those of estimating a population mean. In this case we must know ———— —— facto Rs.

Test: Sampling Theory - 3 - Question 20

In determining the sample size for estimating a population mean , the no. of factors must be known is

Test: Sampling Theory - 3 - Question 21

In audit test Statistical Sampling methods are used.

Test: Sampling Theory - 3 - Question 22

In cost accounting operation Statistical Sampling methods are used.

Test: Sampling Theory - 3 - Question 23

The difference between the estimate from the sample and the parameter to be estimated is

Test: Sampling Theory - 3 - Question 24

The estimated true proportion of success is required to determine sample size for

Test: Sampling Theory - 3 - Question 25

The standard deviation is required to determine sample size for

Test: Sampling Theory - 3 - Question 26

The desired confidence level is required to determine sample size for

Test: Sampling Theory - 3 - Question 27

The permissible sampling error is required to determine sample size for

Test: Sampling Theory - 3 - Question 28

In Control of book keeping and clerical errors Statistical sampling methods are used.

Test: Sampling Theory - 3 - Question 29

The Exploratory sampling is known as

Test: Sampling Theory - 3 - Question 30

Single, double, multiple and sequential are several types of

Test: Sampling Theory - 3 - Question 31

Standard deviation of a sampling distribution is itself the standard error.

Test: Sampling Theory - 3 - Question 32

Sampling error increases with an increase in the size of the sample.

Test: Sampling Theory - 3 - Question 33

Deliberate sampling is free from bias.

Test: Sampling Theory - 3 - Question 34

Which would you prefer ————A higher degree of confidence is desired.

Test: Sampling Theory - 3 - Question 35

Which would you prefer ———— Previous experience reveals a low rate of error.

Test: Sampling Theory - 3 - Question 36

Testing the assumption that an assumed population is located at a known level of significance is known as

Test: Sampling Theory - 3 - Question 37

Purposive selection is resorted to in case of judgment sampling

Test: Sampling Theory - 3 - Question 38

In test for means of Paired data, if the computed value is _________ than the table value the difference is considered significant.

Test: Sampling Theory - 3 - Question 39

Cluster sampling is ideal in case the data are widely scattered.

Test: Sampling Theory - 3 - Question 40

Stratified random sampling is appropriate when the universe is not homogeneous

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