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MBA Business Statistics Competitive Exam MCQs – Practice Test 13 (Chapter 2)

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Free "MBA Business Statistics" App Download with MCQ: Value halfway between the lower and upper class limits is known to be as; with answers: class boundary point, class midpoint, class dot point, and class plot point to strengthen strategic leadership. Solve T-Test Quiz Questions, download Google e-Book (Free Chapter) for virtual management simulations.

Descriptive Statistics MCQs – Practice Test 13 PDF Download

MCQ 61: The value halfway between the lower and upper class limits is known to be as:

  1. Class midpoint
  2. Class boundary point
  3. Class dot point
  4. Class plot point

MCQ 62: Assumption of number of classes in which the data is to be grouped in frequency distribution is made at:

  1. Step 1
  2. Step 2
  3. Step 3
  4. Step 4

MCQ 63: For calculation of ANOVA test, the formula of F-distribution is expressed as:

  1. MSS of ESS/ MSS of TSS
  2. MSS of TSS/ MSS of RSS
  3. MSS of ESS/ MSS of RSS
  4. MSS of TSS/ MSS of ESS

MCQ 64: Dividing frequency of any class by the total number of frequencies, results in:

  1. Relative frequency
  2. Relative Percentage distribution
  3. Cumulative frequency
  4. Cumulative percentage distribution

MCQ 65: Researchers have concluded that a reasonable level for alpha is:

  1. 0.01
  2. 0.05
  3. 0.5
  4. 0.1

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