FRM 2026 Part I Quantitative Analysis Regression Analysis Free Quiz 2

Practice FRM 2026 Part I Quantitative Analysis MCQs from Regression Analysis. Get instant results with Explanation.

General10 MCQs

1. What is serial correlation?

A. Serial correlation means error terms are correlated across timeB. Serial correlation means error terms are independentC. Serial correlation is not a problem in regressionD. Serial correlation is the same as multicollinearity

2. What does the Durbin-Watson statistic test?

A. Durbin-Watson statistic tests for heteroskedasticityB. Durbin-Watson statistic tests for multicollinearityC. Durbin-Watson statistic tests for normalityD. Durbin-Watson statistic tests for first-order serial correlation

3. What does the Breusch-Pagan test detect?

A. Breusch-Pagan test detects multicollinearityB. Breusch-Pagan test detects heteroskedasticityC. Breusch-Pagan test detects serial correlationD. Breusch-Pagan test detects normality

4. What does the Jarque-Bera test detect?

A. Jarque-Bera test detects heteroskedasticityB. Jarque-Bera test detects serial correlationC. Jarque-Bera test detects non-normality of residualsD. Jarque-Bera test detects multicollinearity

5. What is a confidence interval for a regression coefficient?

A. A 95% confidence interval contains the true coefficient with 95% probabilityB. A 95% confidence interval means the coefficient is exactly 95% accurateC. A 95% confidence interval is the same as the standard errorD. A 95% confidence interval is always narrow

General10 MCQs

6. What is the Akaike Information Criterion (AIC)?

A. AIC is used to test for heteroskedasticityB. AIC is used to test for serial correlationC. AIC is a measure of predictive accuracy onlyD. AIC is used for model selection and penalizes complexity

7. What is the difference between AIC and BIC?

A. BIC penalizes less than AICB. BIC penalizes more than AIC for additional parametersC. BIC is the same as AICD. BIC is used for hypothesis testing

8. What is the Variance Inflation Factor (VIF)?

A. VIF is used to detect heteroskedasticityB. VIF is used to detect serial correlationC. VIF is used to detect multicollinearityD. VIF is used to test normality

9. What are residuals in regression?

A. Residuals are the differences between observed and predicted valuesB. Residuals are the same as the coefficientsC. Residuals are not used in model diagnosticsD. Residuals are always zero

10. What is a limitation of R² in multiple regression?

A. A high R² always indicates a good modelB. R² is not affected by adding variablesC. Adjusted R² is always higher than R²D. R² can be inflated by adding irrelevant variables; adjusted R² accounts for this

Quick Links

Latest Admissions

International Scholarships

Popular Medical Colleges

Popular Universities

Scholarships

Entry Tests Preparation

International Entry Tests

Follow Us

Aggregate Calculator