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Free "Ordinary Least Square Assumptions" App [Free] Android & iOS with MCQ: If the OLS estimates do not have minimum variance property in the class of unbiased estimators, then they are; with answers: inefficient in small samples, inefficient in large samples, efficient in large samples, and efficient in small samples to strengthen business knowledge. Practice Linear Regression Model Questions and Answers, Google e-Book to download free chapter for MBA statistical reasoning.

Ordinary Least Square Assumptions MCQ – Mock Test 108 PDF Download

MCQ 536: If the OLS estimates do not have minimum variance property in the class of unbiased estimators, then they are:

  1. Inefficient in large samples
  2. Inefficient in small samples
  3. Efficient in small samples
  4. Efficient in large samples

MCQ 537: Deciles can be computed in which each divided part is said to be its:

  1. Index
  2. Subset
  3. Sample
  4. Rank

MCQ 538: Ranging values for correlation lies between:

  1. &-; ∞ to &+; ∞
  2. +1 to -1
  3. 0 to ∞
  4. 0 to 1

MCQ 539: The probability of committing the type of error is expressed through:

  1. Level of significance
  2. Level of acceptance
  3. Level of rejection
  4. Level of equivalency

MCQ 540: The size of a class in a frequency distribution can be calculated as:

  1. No. of classes/ total observations in class
  2. No. of classes/ frequency bound
  3. No. of classes/ range
  4. No. of classes/ class limits

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