Ordinary Least Square Assumptions Multiple Choice Questions (MCQ) PDF - 108

MCQ 536: If the OLS estimates do not have minimum variance property in the class of unbiased estimators, then they are

1. Inefficient in large samples
2. Inefficient in small samples
3. Efficient in small samples
4. Efficient in large samples

MCQ 537: Deciles can be computed in which each divided part is said to be its

1. Index
2. Subset
3. Sample
4. Rank

MCQ 538: Ranging values for correlation lies between

1. &-; ∞ to &+; ∞
2. +1 to -1
3. 0 to ∞
4. 0 to 1

MCQ 539: The probability of committing the type of error is expressed through

1. Level of significance
2. Level of acceptance
3. Level of rejection
4. Level of equivalency

MCQ 540: The size of a class in a frequency distribution can be calculated as

1. No. of classes/ total observations in class
2. No. of classes/ frequency bound
3. No. of classes/ range
4. No. of classes/ class limits