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MBA Business Statistics Exam MCQs – Practice Test 4 (Chapter 7)

Interval Estimation Notes Questions with Answers PDF Download – Test 4

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Download the Interval Estimation Study App with MCQ: "Square root of coefficient of determination is said to be"; with answers: coefficient of minimization, coefficient of correlation, coefficient of maximization, and coefficient of derivation. Practice Data Elements, Variables and Observations Quiz Questions, download Kobo e-Book (Free Chapter) to strengthen business simulations.

Interval Estimation MCQs – Practice Test 4 PDF Download

MCQ 16: Square root of coefficient of determination is said to be:

  1. Coefficient of correlation
  2. Coefficient of minimization
  3. Coefficient of maximization
  4. Coefficient of derivation

MCQ 17: When we reject a true null hypothesis it is called:

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

MCQ 18: If an estimator have variance 0 when the sample size increases, it is known to be:

  1. Biased estimator
  2. Unbiased estimator
  3. Consistent estimator
  4. Efficient estimator

MCQ 19: In the regression model if the number of parameters are equal to the number of observations to be estimated, then the output would be:

  1. Equation cannot be derived
  2. Equation can be derived
  3. Non-unique results
  4. Unique results

MCQ 20: Coefficient of correlation shows relationship between variables, its negative value depicts:

  1. No correlation
  2. Negatively correlated
  3. Positively correlated
  4. No dependency

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