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MBA Business Statistics MCQs – Practice Test 7 (Chapter 2)

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Descriptive Statistics Quiz – Practice Test 7 PDF Download

MCQ 31: The change in scale follows no apparent effect on:

  1. Correlation
  2. Standard deviation of first variable
  3. Standard deviation of second variable
  4. Covariance

MCQ 32: For total sum of square, the degree of freedom is taken as:

  1. n-2
  2. n-k
  3. k-1
  4. n-1

MCQ 33: A measure of the evidence against the null hypothesis given by the sample is known to be as:

  1. Critical value
  2. Test statistics
  3. p-value
  4. Level of significance

MCQ 34: When we fail to realize that our study has revealed something meaningful, we commit:

  1. Type 1 error
  2. Type 2 error
  3. Type 3 error
  4. Type 4 error

MCQ 35: Relatively easy sample selection and data collection is one of the main advantages of:

  1. Convenience sampling
  2. Cluster sampling
  3. Systematic sampling
  4. Stratified sampling

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