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 3 of 9

Q21.
The formula of calculating mean for hyper geometric probability distribution is
Discuss
Answer: (d).n (m ⁄ n)
Q22.
The formula in which the binomial distribution approaches normal probability distribution with the help of normal variable is written as
Discuss
Answer: (b).x - np divided by square root of npq
Q23.
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
Discuss
Answer: (a).0.411
Q24.
In a negative binomial distribution of probability, the random variable is also classified as
Discuss
Answer: (c).discrete waiting time random variable
Q25.
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
Discuss
Answer: (d).3.045, 3.8, 3.85
Q26.
The formula of mean of uniform or rectangular distribution is as
Discuss
Answer: (b).mean = (b + a) ⁄ 2
Discuss
Answer: (a).Gaussian distribution
Q28.
The probability which explains x is equal to or less than particular value is classified as
Discuss
Answer: (b).cumulative probability
Q29.
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
Discuss
Answer: (a).1.388
Q30.
The types of probability distributions by taking their functions of considerations must include
Discuss
Answer: (d).both b and c
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