MBA Business Statistics Practice Test 80

Relative Frequency and Quantitative Data Multiple Choice Questions (MCQ) PDF - 80

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Relative Frequency and Quantitative Data Questions and Answers PDF Download: Quiz 80

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

A) Statistical distribution

B) Econometric distribution

C) Frequency distribution

D) Classful distribution

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

A) Wealth

B) Income

C) Residual term

D) Experience

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

A) Clustered sampling

B) Stratified sampling

C) Subsetting sampling

D) Descriptive sampling

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

A) Arithmetic mean

B) Geometric mean

C) Median

D) Mode

MCQ 400: Multiple regression analysis includes the major assumption of

A) Multicollinearity

B) NO-Multicollinearity

C) Homogeneity of covariance

D) No-homogeneity of covariance

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