BBA Business Statistics MCQs - Chapter 1

Confidence Intervals and Estimation Trivia Questions and Answers PDF - 4

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The MCQ Quiz: In confidence interval estimation, the formula of calculating confidence interval is; "Confidence Intervals and Estimation" App APK Download (Free) with answers point estimate ± margin of error, point estimate * margin of error, point estimate - margin of error, and point estimate + margin of error to learn online MBA business courses. Practice confidence interval estimation quiz questions, download Kindle eBook (Free Sample) for BS degree in business administration.

Confidence Intervals & Estimation Questions & Answers PDF Download: MCQ Quiz 4

MCQ 16: In confidence interval estimation, the formula of calculating confidence interval is

point estimate * margin of error
point estimate ± margin of error
point estimate - margin of error
point estimate + margin of error

MCQ 17: The difference between value of parameter of population and value of unbiased estimator point is classified as

sampling error
marginal error
confidence error
population error

MCQ 18: If the critical value of normal standard variable is 0.95 and the standard error of specific statistic 3.5 then the margin of error is

2.325
3.325
4.325
5.325

MCQ 19: Considering the sample statistic, if the sample statistic mean is not equal to population parameter then sample statistic is considered as

unbiased estimator
biased estimator
interval estimator
hypothesis estimator

MCQ 20: The criteria of selecting the point estimator must include the information of

consistency
unbiasedness
efficiency
all of above

BBA Business Statistics Mock Tests

Introduction to Statistics MCQs

Skewness, Kurtosis and Moments MCQs

Measures of Central Tendency MCQs

Introduction to Probability MCQs

Measures of Dispersion MCQs

Sampling Distributions MCQs

Probability Distributions MCQs

Confidence Intervals and Estimation MCQs

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