MBA Business Statistics Certification Exam Tests

MBA Business Statistics Practice Test 7

# Ordinary Least Square Assumptions Quiz PDF: Questions and Answers - 7

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## Ordinary Least Square Assumptions Questions and Answers : Quiz 7

MCQ 31:

The variance of error terms in the regression model increases with increasing the values of

1. Independent variable
2. Dependent variable
3. Slope coefficient
4. Constant terms
MCQ 32:

The value of index in percentile derivation is an integer that inputs

1. i
2. Average of i
3. Average of i and i+1
4. Average of i and i+2
MCQ 33:

Statistics used to describe or summarize a set of observations is known to be

1. Descriptive statistics
2. Comparative statistics
3. Referential statistics
4. Inferential statistics
MCQ 34:

The trending variation where the data fluctuates around its mean time is known to be as

1. Mean-time trend
2. Vertical trend
3. Horizontal trend
4. Centrally allotted trend
MCQ 35:

In the systematic sampling technique, the first number is selected as

1. Systematically
2. Algorithmically
3. Randomly
4. Strategically

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