Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. The value which is obtained by multiplying the possible values of random variable with the probability of occurrence and is equal to weighted average is called
Explore Relevant Multiple Choice Questions (MCQs)
Q. 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
Q. 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
Q. In binomial probability distribution, the success and failure generated by the trial is respectively denoted by
Q. If the value of success in binomial probability distribution is 0.40 and failure is 0.60 and the number of values in distribution are 5 then the moment coefficient of skewness is
Q. The class of variable which can accept any value within the upper and lower limit is classified as
Q. If the value of x for normal distribution is 35, the mean of normal distribution is 65 and the standard deviation is 25 then the standardized random variable is
Q. The formula of calculating mean for hyper geometric probability distribution is
Q. The formula in which the binomial distribution approaches normal probability distribution with the help of normal variable is written as
Q. If the value of m in beta distribution is 35 and the value of n in beta distribution is 50 then the expected value of random variable x in beta distribution is
Q. In a negative binomial distribution of probability, the random variable is also classified as
Q. The demand of products per day for three days are 21, 19, 22 units and their respective probabilities are 0.29, 0.40, 0.35. The profit per unit is $0.50 then the expected profits for three days are
Q. The formula of mean of uniform or rectangular distribution is as
Q. The normal distribution is also classified as
Q. The probability which explains x is equal to or less than particular value is classified as
Q. If the sample size is 6 and the population is 50 from which it is drawn without replacement and the elements for success are 22 then the variance of hyper geometric probability distribution is
Q. The types of probability distributions by taking their functions of considerations must include
Q. Consider the probability distribution as standard normal, if the value of μ is 75, the value of x is 120 with the unknown standard deviation of distribution then the value of z-statistic
Q. If the value of p is 0.60 and value of n is 3 whereas the random variable x is equal to 4 then the value of z-score of distribution is
Q. For a rectangular or uniform distribution, the value of interval a is 7 and the value of interval b is 8 then the value of mean for the distribution is
Q. The condition for negative exponential distribution considering mean (μ) is that
Are you eager to expand your knowledge beyond Business Statistics? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
Master the principles of Foundation Engineering with our specialized category....
Navigate the road to efficient transportation with our Highway Engineering category....
Non Verbal Reasoning
Enhance your cognitive abilities with our Non-Verbal Reasoning category. Dive into...
Soar into the world of aviation technology with our Avionics Engineering category....
Discover the building blocks of engineering with our Engineering Materials category....
Explore the dynamic world of Textile Engineering with our specialized category. Delve...
Discover the intersection of biology and environmental science with our Environmental...