Population Mean Quiz with Answers PDF Download – Test 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