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Cost accounting practice test MCQ: an assumption, which states that there must be linear relationship between independent variable and dependent variable is with options irrelevant range of linearity, relevant range of linearity, significant range and insignificant range with distance learning, competitive exams preparation for national and international universities' admissions. Free study guide is for online learning independent variables quiz questions with MCQs to practice test questions with answers for IT business analyst job's exam and interview preparation. Independent Variables Video

MCQ: An assumption, which states that there must be linear relationship between independent variable and dependent variable is

1. irrelevant range of linearity
2. relevant range of linearity
3. significant range
4. insignificant range

B

MCQ: In multicollinearity, correlation coefficient between two independent variables must be greater than

1. 0.7
2. 0.6
3. 0.5
4. 0.4

A

MCQ: An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as

1. standard error of estimated coefficient
2. weighted error of estimated coefficient
3. average of estimated coefficient
4. variance of estimated coefficient

A

MCQ: For slope coefficient b, value of estimated coefficient is considered as

1. d-value
2. c-value
3. t-value
4. b-value

C

MCQ: Situation in which two or more independent variables are highly correlated is known as

1. price linearity
2. cost linearity
3. division linearity
4. multi-collinearity

D