Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

» Fundamentals of Business Statistics solved MCQs

If the relation between two variables x and y be 5x + 7y = 28 and median of y be 3, then the median of x is

Question:

If the relation between two variables x and y be 5x + 7y = 28 and median of y be 3, then the median of x is

A.

1.4

B.

– 4.2

C.

3

D.

13/7

Answer» a. 1.4

Note: The above multiple-choice question is for all general and Competitive Exams in India

If the relation between two variables x and y be 5x + 7y = 28 and median of y be 3, then the median of x is Read More »

» Fundamentals of Business Statistics solved MCQs

If A.M and the coefficient of variation of x are 6 and 50% respectively, then the variableof x is

Question:

If A.M and the coefficient of variation of x are 6 and 50% respectively, then the variableof x is

A.

3

B.

6

C.

9

D.

11

Answer» c. 9

Note: The above multiple-choice question is for all general and Competitive Exams in India

If A.M and the coefficient of variation of x are 6 and 50% respectively, then the variableof x is Read More »

» Fundamentals of Business Statistics solved MCQs

For two mutually exclusive events A and B if P(A) = 3/4 and P(B) = 1/6, then P(A or B) is

Question:

For two mutually exclusive events A and B if P(A) = 3/4 and P(B) = 1/6, then P(A or B) is

A.

11/12

B.

5/12

C.

7/8

D.

1/8

Answer» a. 11/12

Note: The above multiple-choice question is for all general and Competitive Exams in India

For two mutually exclusive events A and B if P(A) = 3/4 and P(B) = 1/6, then P(A or B) is Read More »

» Fundamentals of Business Statistics solved MCQs

When Var (x) = 2.25, Var (y) = 1 and Cov (x, y) = 0.9, then correlation coefficient is

Question:

When Var (x) = 2.25, Var (y) = 1 and Cov (x, y) = 0.9, then correlation coefficient is

A.

0.45

B.

0.8

C.

0.6

D.

0.75

Answer» c. 0.6

Note: The above multiple-choice question is for all general and Competitive Exams in India

When Var (x) = 2.25, Var (y) = 1 and Cov (x, y) = 0.9, then correlation coefficient is Read More »

» Fundamentals of Business Statistics solved MCQs

A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of allobservations is

Question:

A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of allobservations is

A.

25640

B.

26540

C.

24560

D.

26450

Answer» a. 25640

Note: The above multiple-choice question is for all general and Competitive Exams in India

A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of allobservations is Read More »

» Fundamentals of Business Statistics solved MCQs

The Standard Deviation for two observations is

Question:

The Standard Deviation for two observations is

A.

square of their difference.

B.

half of their absolute difference

C.

their absolute difference

D.

twice of their absolute difference

Answer» b. half of their absolute difference

Note: The above multiple-choice question is for all general and Competitive Exams in India

The Standard Deviation for two observations is Read More »

» Fundamentals of Business Statistics solved MCQs

For two mutually exclusive events A and B, if P(A) = 0.4 and P(B) = 0.3, then P (A or B) is

Question:

For two mutually exclusive events A and B, if P(A) = 0.4 and P(B) = 0.3, then P (A or B) is

A.

0.6

B.

0.58

C.

0.7

D.

0.75

Answer» c. 0.7

Note: The above multiple-choice question is for all general and Competitive Exams in India

For two mutually exclusive events A and B, if P(A) = 0.4 and P(B) = 0.3, then P (A or B) is Read More »

» Fundamentals of Business Statistics solved MCQs