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BBA Business Statistics Exam MCQs – Practice Test 4 (Chapter 1)

Confidence Intervals and Estimation Notes Questions with Answers PDF Download – Test 4

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Free Confidence Intervals and Estimation Notes App Download: "In confidence interval estimation, the formula of calculating confidence interval is"; MCQ with answers: point estimate ± margin of error, point estimate * margin of error, point estimate - margin of error, and point estimate + margin of error. Practice Binomial Distribution Quiz Questions, download Kobo e-Book (Free Chapter) for BBA career preparation.

Confidence Intervals & Estimation MCQs – Practice Test 4 PDF Download

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

  1. point estimate * margin of error
  2. point estimate ± margin of error
  3. point estimate - margin of error
  4. point estimate + margin of error

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

  1. sampling error
  2. marginal error
  3. confidence error
  4. 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:

  1. 2.325
  2. 3.325
  3. 4.325
  4. 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:

  1. unbiased estimator
  2. biased estimator
  3. interval estimator
  4. hypothesis estimator

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

  1. consistency
  2. unbiasedness
  3. efficiency
  4. all of above

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