MBA Business Statistics Certification Exam Tests

MBA Business Statistics Practice Test 9

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MCQ 41:

The quantile of actual data against the quantile of theoretical data is plotted in a method known to be

- JB test
- Wilks test
- Q-Q plot test
- P-value test

c

MCQ 42:

If the calculated F-value is greater than the critical F- value then

- Reject Null hypothesis
- Donot reject null hypothesis
- Do nothing
- Estimate again

a

MCQ 43:

Unrestricted residual sum of squares can be computed as

- RSS1- RSS2
- RSS1* RSS2
- RSS1+ RSS2
- RSS1/ RSS2

c

MCQ 44:

The confidence coefficient is expressed by

- α
- 1 - α
- α/2
- 2 - α

b

MCQ 45:

The OLS assumptions requires that the error of measurements may or may not be included in

- Dependent variable
- Independent variable
- Error term
- Slope coefficient

a

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