01/09/2021 Assignment - 1: Attempt review

Started on Wednesday, 1 September 2021, 1:08 PM

Question 1
Complete

Mark 0.50 out of 0.50

There are ten students scoring 4 out of 5 in a class quiz, two scoring 3 and one scoring 0. The weighted mean in this case is: closest to:

Select one:
a. 4
b. 2.7
c. 3.5

d. 3

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01/09/2021 Assignment - 1: Attempt review

Question 2
Complete
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The binomial distribution is characterized by situations that are analogous to

Select one:
a. measuring the length of an item
b. counting defects on an item.
c. coin tossing
d. drawing balls from an urn

Question 3
Complete 
Mark 0.50 out of 0.50

It is 8th March 2019 today and I have decided to buy a stock if it falls below 3000 tomorrow. It has happened five days in February and is
expected to follow the same trend this month. What is the probability of it happening either tomorrow or the day after?

Select one:
a. 0.36
b. 0.4
c. 0.31

d. 0.33

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01/09/2021 Assignment - 1: Attempt review

Question 4
Complete
Mark 0.50 out of 0.50

Select a statement which is true for distribution of the sample mean follows normal distribution.

Select one:
a. Population distribution needs to be a continuous distribution
b. Irrespective of distribution of population of selected random sample.
c. Distribution of sample mean remains the same as distribution of population of its origin.
d. Only if sample is selected from normal distribution

Question 5
Complete 
Mark 0.50 out of 0.50

There is a data-set with the following elements. 16,15,4,17,11,43. Range of the set is:

Select one:
a. 39
b. 34
c. 43
d. 15 

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01/09/2021 Assignment - 1: Attempt review

Question 6
Complete
Mark 0.50 out of 0.50

Two characteristics, or assumptions, of the Poisson distribution are that

Select one:
a. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random
variable of interest is continuous.
b. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
variable of interest is continuous.
c. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
d. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random
variable of interest is discrete


Question 7
Complete
Mark 0.50 out of 0.50

What is the mean of distribution of x, when it is uniformly distributed and lies between the interval 9 to 15?

Select one:
a. 9
b. 6 
c. 15
d. 12

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01/09/2021 Assignment - 1: Attempt review

Question 8
Complete
Mark 0.50 out of 0.50

It is found that 60 persons have accounts in A, 30 persons in B, 13 in C and 18 in D. A and C have been ranked as risky, while B is
moderately risky and D safe. What is the percentage chance that a person has invested in a risky option?

Select one:
a. 51
b. 60
c. 64
d. 31

Question 9
Complete

Mark 0.50 out of 0.50

The sales of my company grew by more than 15 % three times out of the eight preceding years.Each of those years the GDP grew by 7 % or
more . It grew by 7 % or more one more year but the sales grew less than 15 % that year.What is the probability of our sales growing by 15
% or more this year?

Select one:
a. 0.37
b. 0.34 
c. 0.29
d. 0.41

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01/09/2021 Assignment - 1: Attempt review

Question 10
Complete
Mark 0.50 out of 0.50

There are 40 employees above the age of 55 in my company among a total of 300. I meet one Mr. Das in the bus. The probability that he is
above 55 is 40/300. This is based on :

Select one:
a. Subjective Probability
b. A Priori Probability
c. None of these
d. Empirical Probability

Question 11
Complete

Mark 0.50 out of 0.50

How does standard error of the mean changes with increase in sample size?

Select one:
a. standard error of the mean remains same with increase in sample size
b. standard error of the mean decreases with increase in sample size
c. standard error of the mean increases with increase in sample size

d. standard error of the mean become equal to sample mean

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Question 12
Complete
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Suppose binomial distribution with n fixed, if p > 0.5, then:

Select one:
a. It provide symmetric binomial distribution.
b. It is a right skewed binomial distribution.
c. The exponential distribution is a worst approximation.
d. It is a left skewed binomial distribution.

Question 13
Complete 
Mark 0.50 out of 0.50

A discrete variable that can often be used to describe the number of occurrences of an event over a specified interval of time or space is a
___________ random variable.

Select one:
a. none
b. binomial
c. discrete

d. poisson

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01/09/2021 Assignment - 1: Attempt review

Question 14
Complete
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Mode is best applied on

Select one:
a. Both of these
b. Categorical Data
c. None of these
d. Continuous Data

Question 15
Complete 
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Variance of sample mean can be calculated as;

Select one:
a. Population standard deviation divided by sample size
b. Population variance divided by sample size
c. Population variance divided by sample mean
d. Population standard deviation divided by sample mean 

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01/09/2021 Assignment - 1: Attempt review

Question 16
Complete
Mark 0.50 out of 0.50

In the observation method

Select one:
a. An electronic device may be used
b. A structured questionnaire is administered
c. The administrator sits face-to-face with the interviewee
d. An unstructured questionnaire is administered

Question 17
Complete 
Mark 0.50 out of 0.50

It is 8th March 2019 today and I have decided to buy a stock if it falls below 3000 tomorrow. It has happened five days in February and is
expected to follow the same trend this month. What is the probability that this will happen tomorrow?

Select one:
a. 0.22
b. 0.25
c. 0.11

d. 0.18

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Question 18
Complete
Mark 0.50 out of 0.50

Which of the following distributions can be used to solve the following problem? The average number of cars arriving at a drive-through
fast-food restaurant is three in 10 minutes. What is the probability that exactly four cars will arrive in a 5-minute interval?

Select one:
a. binomial
b. neither binomial nor poisson
c. both binomail and poisson
d. Poisson

Question 19
Complete

Mark 0.50 out of 0.50

If p = .1 and n = 5, then the corresponding binomial distribution is ____________.

Select one:
a. left skewed
b. symmetric
c. right skewed

d. bimodal

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Question 20
Complete
Mark 0.50 out of 0.50

What is probability, P(x £ 8), when x is uniformly distributed and lies between the interval 9 to 15?

Select one:
a. P(x £ 8) = 0.00
b. P(x £ 8) = 0.08
c. P(x £ 8) = 0.15
d. P(x £ 8) = 0.06

Question 21
Complete 
Mark 0.50 out of 0.50

The Census method can be characterised as

Select one:
a. None of these
b. Probabilistic sampling
c. Random sampling
d. Nonprobabilistic sampling 

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Question 22
Complete
Mark 0.50 out of 0.50

If n = 15 and p = .4, then the standard deviation of the binomial distribution is

Select one:
a. 6
b. 9
c. 1.897
d. 3.6

Question 23
Complete 
Mark 0.50 out of 0.50

There are six sales personnel out of 40 who last year planned to take VRS and only 4 ultimately took. What is the probability of a person
taking retirement given that he has planned to?

Select one:
a. 0.65
b. 0.56
c. 0.67

d. 0.7

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01/09/2021 Assignment - 1: Attempt review

Question 24
Complete
Mark 0.50 out of 0.50

The mode of the data set 3,5,1,1,5,3,2,1 is:

Select one:
a. Equal to Mean
b. Less than Median
c. Greater than Median
d. More than the Mean

Question 25
Complete 
Mark 0.50 out of 0.50

My examination date will be in January but the date is as yet unknown. The probability of its falling in the 1st week of January is 7/31. This is
derived through the principles of :

Select one:
a. None of these
b. A Priori Probability
c. Empirical Probability

d. Subjective Probability

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01/09/2021 Assignment - 1: Attempt review

Question 26
Complete
Mark 0.50 out of 0.50

It is 8th March 2019 today and I have decided to buy a stock if it falls below 3000 tomorrow. It has happened five days in February and is
expected to follow the same trend this month. What is the probability of it happening both tomorrow and the day after?

Select one:
a. 0.03
b. 0.11
c. 0.22
d. None of these

Question 27
Complete

Mark 0.50 out of 0.50

Samples are taken out of a population because

Select one:
a. Analysing the entire population is cumbersome
b. The entire population may not be accessible
c. It is less costly

d. All of these

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01/09/2021 Assignment - 1: Attempt review

Question 28
Complete
Mark 0.50 out of 0.50

How does sampling distribution of mean changes with increase in sample size?

Select one:
a. Standard deviation of sampling distribution of mean increases with increase in sample size.
b. Standard deviation of sampling distribution of mean decreases with increase in sample size.
c. sampling distribution of mean becomes negatively skewed with increase in sample size.
d. sampling distribution of mean becomes positively skewed with increase in sample size.

Question 29
Complete 
Mark 0.50 out of 0.50

It is found that 60 persons have accounts in A, 30 persons in B, 13 in C and 18 in D. A and C have been ranked as risky, while B is
moderately risky and D safe. However, it is found later that 40 of Accounts in A are safe, 25 in B are safe and 0 of C are safe. Now the best
option is to tabulate them as :

Select one:
a. Relative Frequency Distribution
b. Frequency distribution
c. Summary table 

d. Contingency Table

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01/09/2021 Assignment - 1: Attempt review

Question 30
Complete
Mark 0.50 out of 0.50

It is found that 60 persons have accounts in A, 30 persons in B, 13 in C and 18 in D. A and C have been ranked as risky, while B is
moderately risky and D safe. The table is best converted to a

Select one:
a. Contingency table
b. Frequency distribution and Summary table
c. Frequency distribution
d. Summary table


 

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