Business Statistics

A. Possible to incorporate latest information

B. Possible to incorporate the cost aspects

C. To find probability of getting a sample value given population value

D. To find population value, given sample value

A. μ must be smaller than 2

B. μ must be greater than zero

C. μ must be greater than one

D. μ must be less than zero

A. Chi-square test

B. F-test

C. Z-test

D. t-test

A. 0.325

B. 0.125

C. 0.425

D. 0.225

A. Both statements are correct

B. Both statements are incorrect

C. Statement I is correct, while Statement II is incorrect

D. Statement I is incorrect, while Statement II is correct

A. $$\frac{{F\left( x \right)}}{P}$$

B. $$\frac{{P - 1}}{{F\left( x \right)}}$$

C. $$F\left( x \right) = P\left( {x \geqslant x} \right)$$

D. $$F\left( x \right) = P\left( {x \leqslant 1 = q} \right)$$

A. User friendly operations

B. An ease of maintenance

C. A precise and an accurate information

D. All of the above

A. mean

B. mode

C. geometric mean

D. median

A. $$\frac{m}{{m + n}}$$

B. $$\frac{n}{{100}}\left( {m - c} \right)$$

C. $$\frac{n}{{m + n}}$$

D. $$\frac{n}{{q - 1}}$$

A. Test of freedom

B. Test concerning the variance of a normal distribution

C. Test of goodness of fit

D. All of the above