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MBA Business Statistics MCQs – Practice Test 9 (Chapter 7)

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Study Interval Estimation MCQs App Download with MCQ: "Minimum variance estimator is also referred to as"; with answers: biased estimator, unbiased estimator, consistent estimator, and best estimator. Solve Measures of Dispersion Quiz Questions, download Google e-Book (Free Chapter) for virtual business intelligence.

Interval Estimation MCQs – Practice Test 9 PDF Download

MCQ 41: Minimum variance estimator is also referred to as:

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

MCQ 42: In regression model, the value taken by the independent variable(x) should not be fixed in:

  1. Few samples
  2. First sample only
  3. A given sample
  4. Repeated samples

MCQ 43: In the regression model if the number of parameters are greater than number of observations to be estimated, then the output would be:

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

MCQ 44: The dependence of dependent variable on independent variable can be estimated with:

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

MCQ 45: Regression model is correctly specified only if consumption is a function of:

  1. Wealth
  2. Income
  3. Residual term
  4. Experience

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