MBA Business Statistics Practice Test 41

Data Elements Variables and Observations Quiz Questions and Answers PDF - 41

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Data Elements Variables and Observations Questions and Answers PDF Download: Quiz 41

MCQ 201: A form of scale that is not compatible with any of the ratio scale property is

A) Interval scale

B) Data scale

C) Nominal scale

D) Ordinal scale

MCQ 202: A measure that defines the distance from the mean value is called

A) Measures of central location

B) Measures of dispersion

C) Measures of diversion

D) Measures of variability

MCQ 203: In the lin-log model, if independent variable 'x' increases by 1%, y will increase by

A) β1*100 %

B) β1 /100 units

C) β2 /100 %

D) β2 /100 units

MCQ 204: Chow test depicts the change in parameters but it doesn't tell the change is in

A) Intercept

B) Slope

C) Elasticity

D) Intercept and slope

MCQ 205: The variance defined incase of a t-distribution is said to be

A) 0

B) 1

C) Fixed

D) Not fixed

Business Statistics Exam Prep Tests

Arithmetic Mean MCQs

Probability Rules MCQs

Population Parameters and Sample Statistic MCQs

Exponential Distribution MCQs

Chebyshev Theorem MCQs

Rules of Probability and Algebra MCQs

Data Measurement in Statistics MCQs

Symmetrical Distribution MCQs

Kurtosis in Business Statistics MCQs

Sampling Distributions MCQs

Standard Errors in Statistics MCQs

Probability and Counting Rules MCQs

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