Business Statistics Page-1 section-3

Section 1 Section 2 Section 3 Section 4

1.
DD-MM-YY or MM-DD-YY or YY-MM-DD code is related with

A. Accounting processing

B. Data processing

C. Transaction processing

D. Human valuation

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2.
A trader decides that he has surplus stocks of 9 different kinds of goods. He decides to make-up gift parcels, each to contain four different goods, which he will sell at a special price. How many different kinds of parcel may he produce?

A. 119

B. 126

C. 112

D. 130

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3.
Type of network includes

A. Bus topology

B. Star topology

C. Ring topology

D. All of these

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4.
The performance testing

A. The last step of data operation

B. The last of the systems testing where the optional performance of the system is tested

C. The system of organisation

D. The last of the organisation information

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5.
A machine on an average produces 5% defective articles. What are the mean and standard deviation in sets of 100 articles?

A. 3.3

B. 2.2

C. 3.4

D. 3.7

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6.
Which of the following statement is incorrect?

A. Dispersion gives the variability and spread of data

B. The distance between the highest value and smallest value is range

C. Coefficient of variation is a measure of relative dispersion

D. Coefficient of variation relates variance and the mean of a distribution

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7.
Which of the following is/are reasons of MIS failure?

A. The management information system does not provide that information which is needed by the managers but it tends to provide the information generally the function calls for. The MIS becomes an impersonal system

B. The management information system is conceived as a data processing and not as an information processing system

C. The management information system is developed without streamlining the transaction processing systems in the organisation

D. All of the above

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8.
Given X = 0.85y, Y = 0.89x, σ_z = 3, find σ_y

A. 3.07

B. 2.03

C. 4.06

D. 1.03

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9.
In a medical test, where the null hypothesis is 'the patient does not have the disease' and the alternative hypothesis is 'the patient has the disease'. Suppose a patient has a disease and needs treatment. In the hypothesis testing process, which of the following error is more serious than the others.

A. Type I error

B. Type II error

C. Both A and B

D. r error

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10.
Suppose on an average 1 house in 1000 in a certain district has a fire during a year. If there are 2000 houses in that district what is the probability that exactly 5 houses will have a fire during the year?

A. 0.12

B. 0.48

C. 0.36

D. 0.42

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Business Statistics

1. DD-MM-YY or MM-DD-YY or YY-MM-DD code is related with

Answer & Solution

2. A trader decides that he has surplus stocks of 9 different kinds of goods. He decides to make-up gift parcels, each to contain four different goods, which he will sell at a special price. How many different kinds of parcel may he produce?

Answer & Solution

3. Type of network includes

Answer & Solution

4. The performance testing

Answer & Solution

5. A machine on an average produces 5% defective articles. What are the mean and standard deviation in sets of 100 articles?

Answer & Solution

6. Which of the following statement is incorrect?

Answer & Solution

7. Which of the following is/are reasons of MIS failure?

Answer & Solution

8. Given X = 0.85y, Y = 0.89x, σz = 3, find σy

Answer & Solution

Answer & Solution

10. Suppose on an average 1 house in 1000 in a certain district has a fire during a year. If there are 2000 houses in that district what is the probability that exactly 5 houses will have a fire during the year?

Answer & Solution

Read More Section(Business Statistics)

1.
DD-MM-YY or MM-DD-YY or YY-MM-DD code is related with

2.
A trader decides that he has surplus stocks of 9 different kinds of goods. He decides to make-up gift parcels, each to contain four different goods, which he will sell at a special price. How many different kinds of parcel may he produce?

3.
Type of network includes

4.
The performance testing

5.
A machine on an average produces 5% defective articles. What are the mean and standard deviation in sets of 100 articles?

6.
Which of the following statement is incorrect?

7.
Which of the following is/are reasons of MIS failure?

8.
Given X = 0.85y, Y = 0.89x, σ_z = 3, find σ_y

10.
Suppose on an average 1 house in 1000 in a certain district has a fire during a year. If there are 2000 houses in that district what is the probability that exactly 5 houses will have a fire during the year?