MBA Business Statistics Certification Exam Tests

MBA Business Statistics Practice Test 1

# Population Mean Quiz Questions and Answers PDF

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## Population Mean Questions and Answers : Quiz 1

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:

The classical probability approach have foundations based over

1. Two assumptions
2. Three assumptions
3. Four assumptions
4. Five assumptions
MCQ 3:

Pearson coefficient of skewness computes the degree of skewness through method

1. mean - median / variance
2. mean - median / standard deviation
3. mean - mode / variance
4. mean - mode / standard deviation
MCQ 4:

In multicollinearity, due to high variance and standard error, t-test will become statistically

1. Significant
2. Insignificant
3. Very high
4. Very low
MCQ 5:

Running the regression and computing explained sum of squares from the model for B-P significance test is performed at

1. Step 2
2. Step 3
3. Step 4
4. Step 4