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

Interval Estimation MCQs with Answers PDF Download – Test 1

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Download the "Interval Estimation MCQs" App: If the expected value of a parameter is equal to true population, then the parameter is known to be; MCQ with answers: unbiased parameter, biased parameter, best estimator, and efficient estimator. Solve Chow-test Model Quiz Questions, download Google e-Book (Free Chapter) for online enterprise planning.

Interval Estimation MCQs – Practice Test 1 PDF Download

MCQ 1: If the expected value of a parameter is equal to true population, then the parameter is known to be:

  1. Biased parameter
  2. Unbiased parameter
  3. Best estimator
  4. Efficient estimator

MCQ 2: Regression function can be classified into:

  1. 2 types
  2. 3 types
  3. 4 types
  4. 5 types

MCQ 3: Regression is estimated with the mean value of dependent variable on the basis of:

  1. Different values in a sample
  2. Fixed values in repeated samples
  3. Fixed values in one sample
  4. Different values in repeated samples

MCQ 4: The coefficient of correlation could be:

  1. Positive
  2. Negative
  3. Non-linear
  4. Positive and Negative both

MCQ 5: When we accept a false null hypothesis it is called:

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

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