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MBA Business Statistics MCQs – Mock Test 94

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Free Events and Their Probabilities Study App Download (iOS & Android): "A random variable say x, having infinite or complex range of values is called"; MCQ with answers: discrete random variable, compound random variable, continuous random variable, and transitive random variable. Practice Introduction to Probability Questions and Answers, Google Book to download free chapter for MBA management training.

Events and Their Probabilities MCQs – Mock Test 94 PDF Download

MCQ 466: A random variable say x, having infinite or complex range of values is called:

  1. Compound random variable
  2. Discrete random variable
  3. Transitive random variable
  4. Continuous random variable

MCQ 467: Among the two or more explanatory variables used in the OLS method, are assumed to have:

  1. Perfect multicollinearity
  2. High multicollinearity
  3. Low multicollinearity
  4. No perfect multicollinearity

MCQ 468: The area of normal curve below the curve and above the horizontal axis is nearly equals to:

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

MCQ 469: A statistic whose value helps determine whether a null hypothesis should be rejected is called:

  1. p-value
  2. Level of significance
  3. Critical value
  4. Test statistics

MCQ 470: The regression model must be linear in:

  1. Parameters
  2. Variables
  3. Slope coefficient
  4. Variances

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