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MBA Business Statistics MCQs – Practice Test 7 (Chapter 6)

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Inference About Population Variances Quiz – Practice Test 7 PDF Download

MCQ 31: What would be the generated standard deviation for the data set 1, 2, 3, 4, 5, 6, 7?

  1. 1.1
  2. 2
  3. 3.4
  4. 2.3

MCQ 32: What would be the generated sample variance for the data set 1, 2, 3, 4, 5, 6, 7?

  1. 4
  2. 5
  3. 4.3
  4. 5.4

MCQ 33: Positive sign with the coefficient value depicts:

  1. Direct relationship
  2. Successive relationship
  3. Circular relationship
  4. No relationship

MCQ 34: The result generated from the square root of sample variance is equivalent to:

  1. Standard deviation
  2. Population variance
  3. Error term variance
  4. Significance of variance

MCQ 35: For data set x equals to 95, 85, 80, 70, 60 and y equals to 85, 95, 70, 70, 65, what's the variance of slope coefficient(β2) is?

  1. 0.1797
  2. 0.1495
  3. 0.4802
  4. 0.1161

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