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"An assumption, which states that there must be linear relationship between independent variable and dependent variable is" Multiple Choice Questions (MCQ) on independent variables with choices irrelevant range of linearity, relevant range of linearity, significant range, and insignificant range for business management classes online. Solve independent variables quiz questions fmerit scholarship test and certificate programs for online college courses. Independent Variables Video

MCQ: An assumption, which states that there must be linear relationship between independent variable and dependent variable is

1. irrelevant range of linearity
2. relevant range of linearity
3. significant range
4. insignificant range

B

MCQ: In multicollinearity, the correlation coefficient between two independent variables must be greater than

1. 0.7
2. 0.6
3. 0.5
4. 0.4

A

MCQ: An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as

1. standard error of estimated coefficient
2. weighted error of estimated coefficient
3. average of estimated coefficient
4. variance of estimated coefficient

A

MCQ: For slope coefficient b, the value of the estimated coefficient is considered as

1. d-value
2. c-value
3. t-value
4. b-value

C

MCQ: The situation in which two or more independent variables are highly correlated is known as

1. price linearity
2. cost linearity
3. division linearity
4. multi-collinearity

D