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MCQ 546: The data that is taken for one or more variables at some particular time or point is known to be:

  1. Interval data
  2. Cross-sectional data
  3. Pool data
  4. Point to point data

MCQ 547: Considering the model y=β1 + β2*x, the variable y here is known to be:

  1. Biased variable
  2. Dependent variable
  3. Independent variable
  4. Constant term

MCQ 548: Conventionally, probability of an event can be derived through:

  1. 2 ways
  2. 3 ways
  3. 4 ways
  4. 5 ways

MCQ 549: P-value of JB test can be calculated through the means of:

  1. Z- distribution
  2. Chi-square distribution
  3. T- distribution
  4. F- distribution

MCQ 550: In the lin-log model equation, computed value of slope is equals to:

  1. β2 *(1/x)
  2. β1 *(1/y)
  3. β1 *(x/y)
  4. β2 *(x/y)

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Data Elements Variables and Observations Practice Tests