MBA Business Statistics Learning App | Interval Estimation Notes e-Book PDF
MBA Business Statistics MCQs (MBA Business Administration) From Textbook

MBA Business Statistics MCQs – Practice Test 8 (Chapter 7)

Interval Estimation Notes Questions with Answers PDF Download – Test 8

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Interval Estimation MCQs – Practice Test 8 PDF Download

MCQ 36: For probability the committing types of error can be classified into:

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

MCQ 37: A model in which x appears with power 1 only is said to be:

  1. Uniform model
  2. Linear model
  3. Rational model
  4. Exact model

MCQ 38: In the OLS method, the relationship between parameters and number of observations are said to be:

  1. Number of observations are greater than parameters
  2. Number of observations are less than parameters
  3. Number of observations equal to parameters
  4. Number of observations and parameters are fixed

MCQ 39: The process of derivating a linear model from a non-linear model is known to be as:

  1. Minimization
  2. Optimization
  3. Linearization
  4. Regression

MCQ 40: If an estimator is unbiased and have minimum variance compared to any other estimator, it is known to be:

  1. Best estimator
  2. Efficient estimator
  3. Best linear unbiased estimator
  4. Consistent estimator

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