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MBA Business Statistics MCQs – Mock Test 126

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Ordinary Least Square Assumptions MCQs – Mock Test 126 PDF Download

MCQ 626: The error term is heteroscedastic, the OLS estimates must have minimum variance property in the class of:

  1. Unbiased estimators
  2. Consistent estimators
  3. Efficient estimators
  4. Best Linear unbiased estimators

MCQ 627: The variance assumed for the explanatory variable is:

  1. Finite positive number
  2. Finite negative number
  3. Infinite positive number
  4. Infinite negative number

MCQ 628: Specification of incorrect functional form can also be a mean to the generation of:

  1. Irregular distribution
  2. Heteroscedasticity
  3. Homoscedasticity
  4. Multicollinearity

MCQ 629: The value halfway between the lower and upper class limits is known to be as:

  1. Class midpoint
  2. Class boundary point
  3. Class dot point
  4. Class plot point

MCQ 630: A sampling technique in which each observation have an equal chance of selection is known to be:

  1. Structured Sampling
  2. Random Sampling
  3. Stratified Sampling
  4. Clustered Sampling

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