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Management · all questions

Business Statistics
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Probability is the limit of the . . . . . . . . of success in an infinite sequence of trials where all trials have been performed under essentially the same conditions

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A Bernoulli process has all but which one of the following properties?

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The average number of customers per minute arriving at a super bazaar is 2. Using the Poisson distribution, find the probability that during one particular minute exactly three customers will arrive

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Given
Business Statistics mcq question image
The above diagram is related with

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Poisson distribution can be expressed by

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Information is a product of

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Which of the following is not a characteristic of normal probability distribution?

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Bernoulli's rule probability is indicated by

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In a sample having 23 pairs of observations, the correlation coefficient is 0.52 and in another sample having 28 observations, the correlation coefficient is 0.71. Is there significant difference between the two sample coefficients?

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is tested by

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The probability of the happening of anyone of the several equally likely events is the ratio of the number of events favourable to it to the total number of

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SSAD includes

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Match the following.
List-I List-II
a. (q + p)n 1. Poisson distribution
b. σ2 = m 2. Normal distribution
c. λ = 1/μ 3. Binomial distribution
d. z = x - μ/σ 4. Exponential distribution

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Age of applicants of life insurance and the premium of insurance is

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Given
Mean Standard Deviation X series Y series
18 100
14 40
Coefficient of correlation between X and Y series = +0.8.
Find the most probable value of Y if X is 70 and most probable value of X if Y is 90

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In this figure, the dark area represents
Business Statistics mcq question image

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Which of the following is/are characteristics of poisson distribution?

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Binomial distribution developed by

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Which of the following is a disadvantage of arithmetic mean?

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Given,
Business Statistics mcq question image
The above diagram represents

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