Probability Distributions MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Probability Distributions, a fundamental topic in the field of Business Statistics. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Probability Distributions MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Probability Distributions mcq questions that explore various aspects of Probability Distributions problems. Each MCQ is crafted to challenge your understanding of Probability Distributions principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Business Statistics tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Probability Distributions MCQs are your pathway to success in mastering this essential Business Statistics topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Probability Distributions. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Probability Distributions knowledge to the test? Let's get started with our carefully curated MCQs!

Probability Distributions MCQs | Page 2 of 9

Q11.
If the value of p is smaller or lesser than 0.5 then the binomial distribution is classified as
Discuss
Answer: (a).skewed to right
Q12.
If the μ is equal to 8 then the standard deviation of exponential probability distribution is
Discuss
Answer: (b).0.125
Q13.
In binomial distribution, the formula of calculating mean is
Discuss
Answer: (b).μ = np
Q14.
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
Discuss
Answer: (c).expected value
Q15.
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
Discuss
Answer: (a).1925
Q16.
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
Discuss
Answer: (b).3
Q17.
In binomial probability distribution, the success and failure generated by the trial is respectively denoted by
Discuss
Answer: (a).p and q
Q18.
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
Discuss
Answer: (b).0.167
Q19.
The class of variable which can accept any value within the upper and lower limit is classified as
Discuss
Answer: (d).continuous random variable
Q20.
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
Discuss
Answer: (b).−1.2
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