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MBA Business Statistics MCQs – Practice Test 7 (Chapter 1)

Data and Statistics Quiz with Answers PDF Download – Test 7

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Data and Statistics Quiz – Practice Test 7 PDF Download

MCQ 31: In sample variance, the denominator possessing the (n-1) factor, is an indication of:

  1. Biased estimates
  2. Unbiased estimates
  3. Large samples
  4. Faulty samples

MCQ 32: The index calculation in finding percentile can be derived through:

  1. (P/10)*n
  2. (P/50)*n
  3. (P/100)*n
  4. (P/1000)*n

MCQ 33: The difference between the highest and lowest value in a data set is known to be:

  1. Standard error
  2. Quartile
  3. Range
  4. Variance

MCQ 34: Variable categorization that cannot use the actual numbers are called:

  1. Quantitative variables
  2. Qualitative variables
  3. Discrete variables
  4. Continuous variables

MCQ 35: Computation of variance is based upon the:

  1. Ranks
  2. Range
  3. Units
  4. Grades

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