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Business Statistics

Business Statistics Page-5 section-2

Each section contains 100 MCQs on Business Statistics .
41
A and B play a game in which A's chance of winning is $$\frac{3}{5}$$. In a series of 6 games, what is the chance that A will win atleast 4 games?
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Answer & Solution
Answer: Option A
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42
Which of the following statements are correct
1. Significance level is opposite to confidence level.
2. Significance level is complementary to confidence level.
3. Significance level is the rejection area.
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Answer: Option D
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43
Given
The above figure shows about
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Answer: Option D
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44
The real time systems are
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Answer: Option A
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45
A line used to estimate the value of one variable from the value of the other consists of a line through the points, drawn in such a manner as to represent the average relationship between the two variables is known as
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Answer: Option C
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46
Which of the following statement is false about data collection?
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Answer: Option B
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47
If in a Binomial distribution P is very small and n is very large but nP = m. i.e., expected or mean value of binomial distribution is not negligible, then if approximate closely to the
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Answer: Option A
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48
The functions of MS-DOS consist
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Answer: Option D
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49
If two or more quantities vary in sympathy so that movement in the one tend to be accompanied by corresponding movements in the other then they are said to be
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Answer: Option B
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50
A random variable X has the following probability distribution
X 2 0 2
Probability 0.25 0.50 0.25
The mean and variance of X shall be
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Answer: Option D
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