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MBA Business Statistics MCQs – Mock Test 80

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Download "Relative Frequency and Quantitative Data Study" App (iOS & Android): Arrangement of data into different classes or groups is called; MCQ with answers: econometric distribution, statistical distribution, classful distribution, and frequency distribution. Practice Descriptive Statistics Questions and Answers, Google e-Book to download free chapter for MBA executive readiness.

Relative Frequency and Quantitative Data MCQ – Mock Test 80 PDF Download

MCQ 396: Arrangement of data into different classes or groups is called:

  1. Statistical distribution
  2. Econometric distribution
  3. Frequency distribution
  4. Classful distribution

MCQ 397: Regression model is correctly specified only if consumption is a function of:

  1. Wealth
  2. Income
  3. Residual term
  4. Experience

MCQ 398: Sampling technique in which data is collected randomly through some clusters derived from the population is named as:

  1. Clustered sampling
  2. Stratified sampling
  3. Subsetting sampling
  4. Descriptive sampling

MCQ 399: A property stating sum of duration of observations from the mean is always equals to 0 is defined by:

  1. Arithmetic mean
  2. Geometric mean
  3. Median
  4. Mode

MCQ 400: Multiple regression analysis includes the major assumption of:

  1. Multicollinearity
  2. NO-Multicollinearity
  3. Homogeneity of covariance
  4. No-homogeneity of covariance

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