BBA Business Statistics MCQs - Chapter 1

Confidence Intervals and Estimation MCQ (Multiple Choice Questions) PDF - 2

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The MCQ: If the point estimate is 8 and the margin of error is 5 then the confidence interval is; "Confidence Intervals and Estimation" App Download Android & iOS (Free) with answers 4 to 14, 3 to 13, 5 to 15 and 6 to 16 for online school programs. Practice confidence interval estimation quiz questions, download Apple Book (Free Sample) for accredited online business administration degree.

Confidence Intervals & Estimation Questions & Answers PDF Download: MCQ Quiz 2

MCQ 6: If the point estimate is 8 and the margin of error is 5 then the confidence interval is

3 to 13
4 to 14
5 to 15
6 to 16

MCQ 7: To develop interval estimate of any parameter of population, the value which is added or subtracted from the point estimate is classified as

margin of efficiency
margin of consistency
margin of biasedness
margin of error

MCQ 8: In confidence interval estimation, the confidence efficient is denoted by

1 + β
1 - β
1 - α
1 + α

MCQ 9: Considering the sample size, the sampling distribution standard error decreases when the

size of sample increases
size of sample decreases
margin of error increases
margin of error decreases

MCQ 10: The method in which the sample statistic is used to estimate the value of parameters of population is classified as

estimation
valuation
probability calculation
limited theorem estimation

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