E-PolyLearning

Discussion Forum

Que. The number of units multiply profit per unit multiply probability to calculate
a. discrete profit
b. expected profit
c. weighted profit
d. continuous profit
Correct Answer:expected profit
Confused About the Answer? Ask fellow aspirants for Details Here
Already Know Explanation? Add it Here to help others.

More Questions Like this:

If the value of interval a is 2.5 and the value of interval b is 3.5 then the value of mean for uniform distribution is
The number of units multiply profit per unit multiply probability to calculate
The class of variable which can accept any value within the upper and lower limit is classified as
In the normal distribution, the z-score and z-statistic are classified as names of
The formula such as mn ⁄ (m + n)² (m + n + 1) is used to calculate
If the random samples are drawn without replacement and the population from which samples are drawn is infinite then the method which is not applicable is
In binomial distribution, the formula of calculating mean is
The selling price of product is subtracted from purchasing price of product to calculate
If the value of m in beta distribution is 5 and the value of n is 25 then the standard deviation of beta distribution is
In random experiment, the observations of random variable are classified as
If the value of x is less than μ of standard normal probability distribution then the
If the μ is equal to 25 then the value of mean for exponential probability distribution is
If the number of trials are 8 and the probability of success are 0.65 then the mean of negative probability distribution is
If the value of interval a is 4 and the value of interval b is 5 then the variance of uniform distribution is
The number of products manufactured in a factory in a day are 3500 and the probability that some pieces are defected is 0.55 then the mean of binomial probability distribution is
If the chances of success in a distribution are 0.68 and the number of values in distribution are 4 then the mean of Poisson probability distribution is
In beta distribution, the expected value of random variable x is calculated as
The formula of mean of uniform or rectangular distribution is as
The probability distribution having shape of bell and in which the values of mean lies in center of probability distribution is classified as
In binomial distribution, the formula of calculating standard deviation is

View All Questions on: Probability Distributions

Management and Accounting

Human Resource Management Marketing and Marketing Management Financial Management and Financial Markets Cost Accounting Business Statistics