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MBA Business Statistics MCQs – Mock Test 62

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MCQ 306: The process of derivating a linear model from a non-linear model is known to be as:

  1. Minimization
  2. Optimization
  3. Linearization
  4. Regression

MCQ 307: For two mutually exclusive events say A and B, the (A ∩ B) returns:

  1. 0
  2. 1
  3. -1
  4. Null

MCQ 308: If an estimator is unbiased and have minimum variance compared to any other estimator, it is known to be:

  1. Best estimator
  2. Efficient estimator
  3. Best linear unbiased estimator
  4. Consistent estimator

MCQ 309: A sustained period of high values followed by low values is known to be:

  1. Trend variations
  2. Seasonal variations
  3. Random/irregular variations
  4. Cyclic variations

MCQ 310: Coefficient of determination can be computed as:

  1. 1-(RSS/TSS)
  2. 1-(ESS/TSS)
  3. 1-(TSS/RSS)
  4. 1-(RSS/ESS)

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