QUANTITATIVE TECHNIQUES FOR DECISION MAKING

The techniques which provide the decision maker a systematic and powerful means of analysis to explore policies for achieving predetermined goals are called.................

• Mathematical techniques

• Correlation technique

• Quantitative techniques

• None of the above

Programming techniques are generally known as ...................................

• Statistical techniques

• Mathematical techniques

• Operation research techniques

• None of these

.................................is the reverse process of differentiation

• Differential equation

• Integration

• Determinant

• None of these

Correlation analysis is a........................... analysis.

• Univariate analysis

• Bivariate analysis

• Game theory

• Queuing theory

When the values of two variables move in the same direction, correlation is said to be ..........

• Positive

• Negative

• 
  Linear

• Non-linear

When the amount of change in one variable leads to a constant ratio of change in the other variable, correlation is said to be ............................

• Positive

• Negative

• Linear

• Non-linear

Scatter diagram is also called ...................................

• Correlation graph

• Zero correlation

• Probability

• None of the above

If all the points of a scatter diagram lie on a straight line falling from the lower left-hand corner to the upper right-hand corner, the correlation is said to be ..........................

• Zero correlation

• Perfect positive correlation

• Perfect negative correlation

• High degree of positive correlation

The quantitative measure of correlation between two variables is known as.....................

• Coefficient of correlation

• Coefficient of regression

• Coefficient of determination

• None of the above

Coefficient of correlation measures ...........................................

• Location

• Variability

• Concentration

• Relation