BS - GT Merged

9/11/21, 5:47 PM Assignment - 2: Attempt review
Started on Saturday, 11 September 2021, 5:24 PM

State Finished
Completed on Saturday, 11 September 2021, 5:47 PM
Time taken 22 mins 51 secs
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
Mark 0.50 out of 0.50
In the following example, null and alternative hypotheses are written as.
Ho: µ≤ 10
Ha: μ > 10
Select a statement which holds true.
Select one:

A. Null and alternative hypotheses are same.
B. Null and alternative hypotheses are mutually exclusive
C. Null and alternative hypotheses not right
D. Null and alternative hypotheses cannot be tested
E.
https://slm.imtcdl.ac.in/moodle/mod/quiz/review.php?attempt=39099&cmid=1754 1/19
Question 2
Complete
In hypothesis testing, comparison of means of two random samples is conducted whether, both come from two different population or
same. Suppose standard deviation σ1 and σ2 are known, α = .01, then what could be the critical z value;
Select one:
a. -2.58 and 2.58
b. -1.28 and 1.28
c. -1.96 and 1.96
d. -2.33 and 2.33
Question 3
Complete

Static simulation is generally referred as
Select one:
a. Monte carlo
b. deterministic
c. continuous
d. stochastic
Question 4
Complete
Consumer Price Index is
Select one:
a. an index that is designed to measure changes in quantities over time.
b. an index that is designed to measure changes in production levels over time.
c. a weighted aggregate price index where the weight for each item is its last-period quantity.
d. a weighted aggregate price index where the weight for each item is its current-period quantity.
Question 5
Complete 
same. Suppose standard deviation σ1 and σ2 are known, α= .10, then what could be the critical z value;
Select one:
a. -1.28 and 1.28
b. -2.58 and 2.58
c. -2.33 and 2.33
d. -1.96 and 1.96
Question 6
Complete
Monte Carlo simulation can be applied to which models
Select one:
a. service times
b. All of the alternatives are correct.
c. number of employees absent
d. times between failures
Question 7
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:
A. Null and alternative hypotheses are rightly set to conduct testing.
B. Null and alternative hypotheses are not mutually exclusive.
C. Null and alternative hypotheses not set for population parameter.
D. Null and alternative hypotheses not collectively exhaustive

Question 8
Complete
Simulation is used when
Select one:
a. project is very complicated
c. there is huge cost involved
d. project is risky
Question 9
Complete 
A price index for a given item which is computed by dividing a current unit price by a base-period unit price and multiplying the result by
100 is known as the
Select one:
a. Producer price index
b. Price relative
c. Consumer price index
d. Paasche index
Question 10
Complete
Select statement which holds true for a statistical hypothesis;
Select one:
a. Statistical hypothesis is a generalized statement about sample statistics.
b. Statistical hypothesis is a generalized statement about population parameter.
c. Statistical hypothesis is any random statement made by researcher.
d. Statistical hypothesis is a statement about sample.
Question 11
Complete 
Since a(n) ____________ index employs the base-period quantities in all succeeding periods, it allows for ready comparisons for identical
quantities of goods purchased between the base period and all succeeding periods
Select one:
a. simple
b. Laspeyres
c. Paasche
d. aggregate
Question 12
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
A. Test is two tail test.
B. Test is left tail test
C. Test is one tail test
D. Test is no tail test

Question 13
Complete
The controllable inputs in simulation are
Select one:
a. none of these
b. both order quantity and reorder points
c. reorder points
d. order quantity
Question 14
Complete 
In hypothesis testing, to conduct comparison of mean μ1 of random sample (from population 1) is more often than mean μ2 of random
sample (from population 2) whether, both come from two different population or same population, alternate hypothesis can be framed as;
Select one:
a. m1>m2
b. m1≥m2
c. m1≤m2
d. m1<m2
Question 15
Complete
Number of steps required in Monte Carlo simulation
Select one:
a. 5
b. 6
c. 4
d. 3
Question 16
Complete 
A simple index is obtained by dividing the current value of a time series by the value of a time series in the _____________ time period and by
multiplying this ratio by 100.
Select one:
a. shortest
b. final
c. current
d. base
Question 17
Complete
The greatest strength of simulation is
Select one:
a. to answer what if questions
b. none of these
c. to achieve goal
d. to validate the model
Question 18
Complete 
In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two different population or same,
alternate hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1≠m2
c. m1≥m2
d. m1=m2
Question 19
Complete
In hypothesis testing we need to define first;
Select one:
a. Sample size
b. Type of error
c. Level of significance
d. Null and alternate hypothesis
Question 20
Complete 
The important characteristics of random numbers is
Select one:
a. All of the alternatives are correct.
b. the routine must be fast
c. the routine should have sufficiently long cycle
d. random numbers should be replicable
Question 21
Complete
Ho: sample mean ≤ 150
Ha: sample mean > 150
Select one:
D. Null and alternative hypotheses not collectively exhaustive.

Question 22
Complete
null hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1≥m2
c. m1≠m2
d. m1=m2
Question 23
Complete

A weighted aggregate price index where the weight for each item is its base-period quantity is known as the
Select one:
a. Paasche
b. Quantity index
c. Laspeyres
d. weight index
Question 24
Complete
sample (from population 2) whether, both come from two different population or same population. Suppose standard deviation σ1 and σ2
are known, α= .01, then what could be the critical z value;
Select one:
a. 1.28
b. -2.58
c. 2.33
d. -1.96
Question 25
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 26
Complete
Select one:
a. -2.33 and 2.33
b. -1.96 and 1.96
c. -2.58 and 2.58
d. -1.28 and 1.28
Question 27
Complete

A major drawback of the aggregate price index is that
Select one:
a. it does not take into account the fact that some items in the market basket are purchased more frequently than others.
b. it is computed by using the values from a single time series or based on a single product
c. it is difficult to compute
d. percentage comparisons cannot be made to the base year.
Question 28
Complete
In hypothesis testing, what is the assumption about null hypothesis?
Select one:
a. Null hypothesis is true
b. Null hypothesis is always true
c. Null hypothesis cannot be rejected.
d. Null hypothesis is false
Question 29
Complete 
The uncontrollable inputs in simulation are
Select one:
a. none of these
b. variable lead time
c. daily demand
d. both daily demand and variable lead time
Question 30
Complete
A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time
is known as the
Select one:
a. Producer Price Index
b. Laspeyres Index
c. Paasche Index
d. Consumer Price Index

 
Started on Friday, 17 September 2021, 6:11 PM

State Finished
Completed on Friday, 17 September 2021, 6:37 PM
Grade 14.00 out of 15.00 (93%)
Question 1
Complete
Select one:

d. Null hypothesis is false
Question 2
Complete
Select one:
a. m1≤m2
b. m1≠m2
c. m1=m2
d. m1≥m2
Question 3
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.

Question 4
Complete
Select one:
a. m1≤m2
b. m1≠m2
c. m1≥m2
d. m1=m2
Question 5
Complete
Select one:

Question 6
Complete
Select one:
a. simple
b. Laspeyres
c. Paasche
d. aggregate
Question 7
Complete

Select one:
a. -2.33 and 2.33
b. -1.28 and 1.28
c. -1.96 and 1.96
d. -2.58 and 2.58
Question 8
Complete
Select one:
a. daily demand
c. both daily demand and variable lead time
d. none of these
Question 9
Complete 
Select one:
a. -1.28 and 1.28
b. -2.33 and 2.33
c. -2.58 and 2.58
d. -1.96 and 1.96
Question 10
Complete
Select one:
a. Monte carlo
b. deterministic
c. stochastic
d. continuous
Question 11
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

Question 12
Complete
Select one:
a. weight index
b. Paasche
c. Laspeyres
d. Quantity index
Question 13
Complete 
The price relative is a price index that is determined by
Select one:
a. (price in period t/base period price)(100)
b. (base period price/price in period t)(100)
c. (price in period t + base period price)(100)
d. (price in period t)(100)
Question 14
Complete
Select one:
a. Statistical hypothesis is a generalized statement about population parameter.
b. Statistical hypothesis is a statement about sample.
d. Statistical hypothesis is a generalized statement about sample statistics.
Question 15
Complete 
Select one:
a. 3
b. 4
c. 6
d. 5
Question 16
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:

Question 17
Complete
Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.33 and 2.33
d. -2.58 and 2.58
Question 18
Complete

Select one:
a. service times
Question 19
Complete
Select one:
a. 1.28
b. -2.58
c. 2.33
d. -1.96
Question 20

Complete
Select one:
a. current
b. base
c. final
d. shortest
Question 21
Complete
Select one:
a. both order quantity and reorder points
b. none of these
c. reorder points
d. order quantity
Question 22
Complete 
Select one:
a. none of these
b. to answer what if questions
c. to achieve goal
Question 23
Complete
sample (from population 2) whether, both come from two different population or same population, null hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1>m2
c. m1<m2
d. m1≥m2
Question 24
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 25
Complete
100 is known as the
Select one:
b. Consumer price index
c. Paasche index
d. Price relative
Question 26
Complete

Select one:
b. random numbers should be replicable
c. the routine must be fast
d. the routine should have sufficiently long cycle
Question 27
Complete
Select one:
a. percentage comparisons cannot be made to the base year.
c. it does not take into account the fact that some items in the market basket are purchased more frequently than others.
d. it is difficult to compute
Question 28
Complete 
Select one:
a. Sample size
b. Type of error
c. Null and alternate hypothesis
d. Level of significance
Question 29
Complete
Select one:
d. project is risky
Question 30
Complete 
is known as the
Select one:
a. Laspeyres Index
b. Producer Price Index
c. Paasche Index
 

State Finished
Grade 14.50 out of 15.00 (97%)
Question 1
Complete
The variability of a data set is equal to:
Select one:
a. Sum of all the variables divided by 3
b. Square root of standard deviation
c. Square root of Variance
d. Zero 
Question 2
Complete
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 probability of success remains constant from trial to trial, and the random variable of interest is continuous
c. 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
d. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
Question 3
Complete

Mode is best applied on
Select one:
a. Continuous Data
b. Categorical Data 
c. None of these
d. Both of these
Question 4
Complete
I have no idea of the day of the week or the month today. The probability that it is January and a Tuesday is:
Select one:
a. 0.2
b. 0.02
c. 0.08
d. 0.3
Question 5
Complete

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. 12
c. 15
d. 6 
Question 6
Complete
Suppose binomial distribution with n fixed, if p > 0.5, then:
Select one:
a. It provide symmetric binomial distribution.
b. It is a left skewed binomial distribution.
c. The exponential distribution is a worst approximation.
d. It is a right skewed binomial distribution.
Question 7
Complete

Primary Data is preferred over Secondary Data because
Select one:
a. We cannot always trust secondary sources
b. It is less costly
c. Primary Data is always collected by qualified professionals
d. The client always prefers primary data 
Question 8
Complete
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. A Priori Probability
b. None of these
c. Empirical Probability
d. Subjective Probability
Question 9
Complete

Which one of the following statements is not an assumption of the binomial distribution?
Select one:
a. Sampling is with replacement.
b. Trials are independent of each other.
c. The probability of success remains constant from trial to trial.

d. Each trial results in one of two mutually exclusive outcomes.
Question 10
Complete
To get precise result using central limit theorem, minimum sample size should be
Select one:
a. 20
b. 100
c. 50
d. 30
Question 11
Complete

In a class, 40 students scored between 90 and 100, forty five between 80 and 90 and sixteen between 70 and 80. The mode of the
distribution is approximately equal to:
Select one:
a. 88
b. 93
c. 86

d. 80
Question 12
Complete
The mode of the data set 3,5,1,1,5,3,2,1 is:
Select one:
a. More than the Mean
b. Greater than Median
c. Equal to Mean
d. Less than Median
Question 13
Complete

Variance of sample mean can be calculated as;
Select one:
a. Population standard deviation divided by sample size
b. Population standard deviation divided by sample mean
c. Population variance divided by sample mean
d. Population variance divided by sample size 
Question 14
Complete
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. 0.41
b. 0.34
c. 0.37
d. 0.29
Question 15
Complete

What is the standard deviation of distribution of x, when it is uniformly distributed and lies between the interval 9 to 15?
Select one:
a. 1.33
b. 1.73
c. 6 
d. 1.53
Question 16
Complete
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. 3.5
b. 2.7
c. 3
d. 4
Question 17
Complete

There is a data-set with the following elements. 16,15,4,17,11,43. Range of the set is:
Select one:
a. 43
b. 39
c. 34
d. 15 
Question 18
Complete
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. 0.4
b. 0.33
c. 0.36
d. 0.31
Question 19
Complete

A total of 50 raffle tickets are sold for a contest to win a car. If you purchase one ticket, what are your odds against winning?
Select one:
a. 0.05
b. 50 to 1
c. 0.01

d. 49 to 1
Question 20
Complete
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 of persons holding risky investments?
Select one:
a. 50
b. 60
c. 30
d. 58
Question 21
Complete

The mode of data set is 3,5,1,1,5,3,2,1. the 75th percentile is equal to:
Select one:
a. 3
b. 4
c. 3.5

d. 5
Question 22
Complete
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. Contingency Table
c. Frequency distribution
d. Summary table
Question 23
Complete

Suppose sample of size of 36 is drawn from a population with a mean of 60 and standard deviation 12. What is expected value of sample
means?
Select one:
a. 60
b. 36 
c. 12
d. 0.6
Question 24
Complete
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. discrete
b. none
c. poisson
d. binomial
Question 25
Complete

A Sample taken from a population
Select one:
a. Should comprise at least half of the population
b. Is dependent upon the population size
c. At least one

d. Can be any number
Question 26
Complete
In the observation method
Select one:
a. The administrator sits face-to-face with the interviewee
b. A structured questionnaire is administered
c. An unstructured questionnaire is administered
d. An electronic device may be used
Question 27
Complete

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. Empirical Probability
b. Subjective Probability
c. A Priori Probability

d. None of these
Question 28
Complete
The binomial distribution is characterized by situations that are analogous to
Select one:
a. counting defects on an item.
b. measuring the length of an item
c. drawing balls from an urn
d. coin tossing
Question 29
Complete

Samples are taken out of a population because
Select one:
a. It is less costly
b. Analysing the entire population is cumbersome
c. The entire population may not be accessible
d. All of these 
Question 30
Complete
Suppose sample of size of 36 is drawn from a population with a mean of 60 and standard deviation 12. What is standard deviation of
sample means?
Select one:
a. 3
b. 2
c. 6
d. 4
 


State Finished
Grade 13.50 out of 15.00 (90%)
Question 1
Complete
Select one:
a. -2.58

b. 2.33
c. 1.28
d. -1.96
Question 2
Complete
Select one:
D. Null and alternative hypotheses not collectively exhaustive. 
Question 3
Complete
100 is known as the
Select one:
a. Price relative
b. Producer price index
d. Paasche index
Question 4
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:
D. Null and alternative hypotheses not collectively exhaustive 
Question 5
Complete
Select one:
a. m1≠m2
b. m1≤m2
c. m1≥m2
d. m1=m2
Question 6

Complete
Select one:
a. Laspeyres
b. Paasche
c. aggregate 
d. simple
Question 7
Complete
Select one:
a. 3
b. 4
c. 5
d. 6
Question 8
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
D. Test is no tail test 
Question 9
Complete
Select one:
a. -2.33 and 2.33
b. -1.96 and 1.96
c. -1.28 and 1.28
d. -2.58 and 2.58
Question 10

Complete
Select one:
a. final
b. current
c. base 
d. shortest
Question 11
Complete
Select one:
a. weight index
b. Paasche
c. Laspeyres
d. Quantity index
Question 12
Complete

is known as the
Select one:
a. Paasche Index
b. Laspeyres Index
c. Producer Price Index

Question 13
Complete
Select one:
a. continuous
b. Monte carlo
c. deterministic
d. stochastic
Question 14
Complete

Select one:
a. project is risky
b. project is very complicated
d. All of the alternatives are correct. 
Question 15
Complete
Select one:
a. m1>m2
b. m1≥m2
c. m1<m2
d. m1≤m2
Question 16
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:
Question 17
Complete
Select one:
a. -2.58 and 2.58
b. -2.33 and 2.33
c. -1.96 and 1.96
d. -1.28 and 1.28
Question 18

Complete
Select one:
b. Null hypothesis is false
c. Null hypothesis is always true

d. Null hypothesis cannot be rejected.
Question 19
Complete
Select one:
b. service times
Question 20
Complete

Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.33 and 2.33

d. -2.58 and 2.58
Question 21
Complete
Select one:
b. a weighted aggregate price index where the weight for each item is its last-period quantity.
c. an index that is designed to measure changes in production levels over time.
Question 22
Complete

Select one:
a. Sample size
b. Type of error
d. Null and alternate hypothesis 
Question 23
Complete
Select one:
a. m1<m2
b. m1≥m2
c. m1≤m2
d. m1>m2
Question 24

Complete
Select one:
a. the routine must be fast
b. the routine should have sufficiently long cycle
c. random numbers should be replicable

d. All of the alternatives are correct.
Question 25
Complete
Select one:
c. percentage comparisons cannot be made to the base year.
Question 26
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
D. Null and alternative hypotheses cannot be tested 
E.
Question 27
Complete
Select one:
a. to achieve goal
b. none of these
c. to validate the model
d. to answer what if questions
Question 28
Complete

Select one:
a. m1≠m2
b. m1≤m2
c. m1≥m2

d. m1=m2
Question 29
Complete
Select one:
a. Statistical hypothesis is any random statement made by researcher.
c. Statistical hypothesis is a generalized statement about sample statistics.
Question 30
Complete

Select one:
b. (price in period t)(100)
c. (base period price/price in period t)(100)
d. (price in period t + base period price)(100) 
 
9/5/2021 Assignment - 2: Attempt review

State Finished
Completed on Sunday, 5 September 2021, 12:39 AM
Grade 12.00 out of 15.00 (80%)
Question 1
Complete
Select one:
a. -2.33 and 2.33
b. -1.28 and 1.28 
c. -1.96 and 1.96
d. -2.58 and 2.58
Question 2
Complete
Select one:
a. order quantity
b. none of these
c. both order quantity and reorder points
d. reorder points
Question 3
Complete 
Select one:
a. shortest
b. base
c. current
d. final
Question 4
Complete
Select one:
Question 5
Complete 
Select one:
a. simple
b. aggregate
c. Laspeyres
d. Paasche
Question 6
Complete
Select one:
a. it is difficult to compute
b. percentage comparisons cannot be made to the base year.
c. it is computed by using the values from a single time series or based on a single product
d. it does not take into account the fact that some items in the market basket are purchased more frequently than others.
Question 7
Complete 
Select one:
a. Sample size
b. Level of significance
d. Type of error
Question 8
Complete
Select one:
a. to answer what if questions
b. to validate the model
c. none of these
d. to achieve goal
Question 9
Complete
Select one:

Question 10
Complete
Select one:
a. weight index
b. Laspeyres
c. Paasche
d. Quantity index
Question 11
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

Question 12
Complete
Select one:
a. deterministic
b. continuous
c. Monte carlo
d. stochastic
Question 13
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:

Question 14
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 15
Complete
Select one:
b. Statistical hypothesis is any random statement made by researcher.
c. Statistical hypothesis is a generalized statement about population parameter.
Question 16
Complete 
Select one:
a. Null hypothesis is false
c. Null hypothesis is true
Question 17
Complete
100 is known as the
Select one:
a. Price relative
b. Paasche index
d. Producer price index
Question 18
Complete

is known as the
Select one:
a. Paasche Index
b. Laspeyres Index
c. Consumer Price Index
d. Producer Price Index
Question 19
Complete
Select one:
a. service times
b. number of employees absent
c. All of the alternatives are correct.
Question 20
Complete 
Select one:
a. m1<m2
b. m1≤m2
c. m1>m2
d. m1≥m2
Question 21
Complete
Select one:
a. -1.96 and 1.96
b. -1.28 and 1.28
c. -2.33 and 2.33
d. -2.58 and 2.58
Question 22
Complete

Select one:
a. m1≤m2
b. m1≥m2
c. m1≠m2
d. m1=m2
Question 23
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.

Question 24
Complete
Select one:
a. 6
b. 5
c. 3
d. 4
Question 25
Complete 
Select one:
a. m1=m2
b. m1≤m2
c. m1≥m2
d. m1≠m2
Question 26
Complete
Select one:
a. m1≥m2
b. m1<m2
c. m1≤m2
d. m1>m2
Question 27
Complete

Select one:
b. project is risky
Question 28
Complete
Select one:
a. daily demand
b. none of these
d. variable lead time
Question 29
Complete 
Select one:
a. (price in period t)(100)
b. (price in period t + base period price)(100)
d. (price in period t/base period price)(100)
Question 30
Complete
Select one:
  
9/11/21, 12:24 AM Assignment - 2: Attempt review

State Finished
Completed on Saturday, 11 September 2021, 12:18 AM
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
Select one:
a. (base period price/price in period t)(100)
Question 2
Complete
In hypothesis testing, comparison of means of two random samples is conducted whether, both come from two different population or same.
Suppose standard deviation σ1 and σ2 are known, α = .01, then what could be the critical z value;
Select one:
a. -2.33 and 2.33
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -1.96 and 1.96
Question 3
Complete
Select one:
a. an index that is designed to measure changes in production levels over time.
b. a weighted aggregate price index where the weight for each item is its current-period quantity.
d. an index that is designed to measure changes in quantities over time.
Question 4
Complete
Ho: µ≤ 10
Ha: μ > 10

Select one:
Question 5
Complete
Select one:
a. m1≤m2
b. m1≥m2
c. m1=m2
d. m1≠m2
Question 6
Complete
A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is
known as the
Select one:
a. Paasche Index
b. Consumer Price Index
d. Laspeyres Index
Question 7
Complete
Select one:
a. random numbers should be replicable
d. the routine must be fast
Question 8
Complete
Select one:
a. order quantity
c. none of these
d. reorder points
Question 9
Complete
Select one:
b. Null hypothesis is true
Question 10
Complete
Select one:
b. Statistical hypothesis is a generalized statement about sample statistics.
c. Statistical hypothesis is a statement about sample.
d. Statistical hypothesis is a generalized statement about population parameter.
Question 11
Complete
In hypothesis testing, to conduct comparison of mean μ1 of random sample (from population 1) is more often than mean μ2 of random sample
(from population 2) whether, both come from two different population or same population, null hypothesis can be framed as;
Select one:
a. m1≥m2
b. m1<m2
c. m1≤m2
d. m1>m2
Question 12
Complete
Select a statement which

holds true.

Select one:
Question 13
Complete
Ho: µ≤ 11
Ha: μ > 10

Select one:
Question 14
Complete
Ho: µ = 10
Ha: μ ≠ 10

Select one:
Question 15
Complete
Ho: µ≤ 10
Ha: μ > 10

Select one:
E.
Question 16
Complete
Select one:
a. 6
b. 4
c. 3
d. 5
Question 17
Complete
Suppose standard deviation σ1 and σ2 are known, α= .05, then what could be the critical z value;
Select one:
a. -2.58 and 2.58
b. -1.96 and 1.96
c. -2.33 and 2.33
d. -1.28 and 1.28
Question 18
Complete
Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.58 and 2.58
d. -2.33 and 2.33
Question 19
Complete
(from population 2) whether, both come from two different population or same population. Suppose standard deviation σ1 and σ2 are known, α=
.01, then what could be the critical z value;
Select one:
a. -2.58
b. -1.96
c. 1.28
d. 2.33
Question 20
Complete
Select one:
a. aggregate
b. Laspeyres
c. Paasche
d. simple
Question 21
Complete
Select one:
a. to validate the model
c. none of these
d. to achieve goal
Question 22
Complete
A price index for a given item which is computed by dividing a current unit price by a base-period unit price and multiplying the result by 100 is
known as the
Select one:
b. Paasche index
d. Price relative
Question 23
Complete
Select one:
a. Paasche
b. Quantity index
c. Laspeyres
d. weight index
Question 24
Complete
(from population 2) whether, both come from two different population or same population, alternate hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1>m2
c. m1≥m2
d. m1<m2
Question 25
Complete
Select one:
c. project is risky
d. there is huge cost involved
Question 26
Complete
In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two different population or same, null
hypothesis can be framed as;
Select one:
a. m1=m2
b. m1≠m2
c. m1≤m2
d. m1≥m2
Question 27
Complete
Select one:
Question 28
Complete
Select one:
a. none of these
b. daily demand
Question 29
Complete
Select one:
a. Monte carlo
b. continuous
c. stochastic
d. deterministic
Question 30
Complete
Select one:
a. final
b. shortest
c. current
d. base

State Finished
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
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. None of these
d. 0.22
Question 2
Complete
Select one:
a. None of these
b. A Priori Probability
Question 3
Complete

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) = 0.08
b. P(x £ 8) = 0.15
c. P(x £ 8) = 0.06
d. P(x £ 8) = 0.00
Question 4
Complete
Select one:
a. 0.02
b. 0.08
c. 0.3
d. 0.2
Question 5
Complete 
moderately risky and D safe. The table is best converted to a
Select one:
a. Summary table
b. Frequency distribution
c. Frequency distribution and Summary table
d. Contingency table
Question 6
Complete
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. 0.67
b. 0.56
c. 0.65
d. 0.7
Question 7
Complete

Select one:
a. 15
b. 43
c. 39
d. 34
Question 8
Complete
Select one:
a. 12
b. 15
c. 6
d. 9
Question 9
Complete 
Select one:
a. coin tossing
b. counting defects on an item.
d. measuring the length of an item
Question 10
Complete
means?
Select one:
a. 36
b. 60
c. 12
d. 0.6
Question 11
Complete

20 % of employees in a company are aged below 30, 30 % betweeen 30 and 40, 21 % between 40 and 50. The retirement age is 60.To
determine percentage of population below the age of 60 but above 50, I construct a
Select one:
a. Contingency Table
b. Relative Frequency Tanle
c. Frequency table
d. Percentage table
Question 12
Complete
How does standard error of the mean changes with increase in sample size?
Select one:
a. standard error of the mean increases with increase in sample size
b. standard error of the mean become equal to sample mean
c. standard error of the mean remains same with increase in sample size
d. standard error of the mean decreases with increase in sample size
Question 13
Complete 
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. sampling distribution of mean becomes negatively skewed with increase in sample size.
c. Standard deviation of sampling distribution of mean decreases with increase in sample size.
d. sampling distribution of mean becomes positively skewed with increase in sample size.
Question 14
Complete
The following are generally considered as indicators of the central tendency of a distribution
Select one:
a. Mean,Median and Mode
b. Mean and Median
c. Mean and Mode
d. Median and Mode
Question 15
Complete 
sample means?
Select one:
a. 3
b. 2
c. 6
d. 4
Question 16
Complete
What is probability, P(10 £ x £ 12), when x is uniformly distributed and lies between the interval 9 to 15?
Select one:
a. P(10 <=x <=12) = 0.06
b. P(10 <=x <=12) = 0.15
c. P(10 <=x <=12) = 0.09
d. P(10 <=x <=12) = 0.33
Question 17
Complete 
Select one:
a. A structured questionnaire is administered
b. The administrator sits face-to-face with the interviewee
c. An electronic device may be used
d. An unstructured questionnaire is administered
Question 18
Complete
Select a statement which is true for distribution of the sample mean follows normal distribution.
Select one:
a. Distribution of sample mean remains the same as distribution of population of its origin.
b. Only if sample is selected from normal distribution
c. Irrespective of distribution of population of selected random sample.
d. Population distribution needs to be a continuous distribution
Question 19
Complete 
Select one:
a. Sampling is with replacement.
b. Each trial results in one of two mutually exclusive outcomes.
d. Trials are independent of each other.
Question 20
Complete
Select one:
a. Population variance divided by sample size
b. Population standard deviation divided by sample size
c. Population variance divided by sample mean
d. Population standard deviation divided by sample mean
Question 21
Complete 
Select one:
a. 5
b. 4
c. 3
d. 3.5
Question 22
Complete
Select one:
a. Summary table
c. Contingency Table
d. Relative Frequency Distribution
Question 23

Complete
Select one:
a. None of these
b. Empirical Probability
Question 24
Complete
Select one:
a. 49 to 1
b. 50 to 1
c. 0.05
d. 0.01
Question 25
Complete 
Select one:
b. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random
c. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
d. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
Question 26
Complete
Select one:
a. Analysing the entire population is cumbersome
b. All of these
c. It is less costly
d. The entire population may not be accessible
Question 27
Complete 
Select one:
a. 30
b. 20
c. 100
d. 50
Question 28
Complete
If p = .1 and n = 5, then the corresponding binomial distribution is ____________.
Select one:
a. bimodal
b. right skewed
c. left skewed
d. symmetric
Question 29
Complete 
moderately risky and D safe. What is the percentage chance that a person has invested in a risky option?
Select one:
a. 60
b. 31
c. 51
d. 64
Question 30
Complete
Select one:
a. Equal to Mean
b. More than the Mean
c. Less than Median
d. Greater than Median
  
Started on Sunday, 5 September 2021, 12:39 PM

State Finished
Completed on Sunday, 5 September 2021, 1:08 PM
Grade 14.00 out of 15.00 (93%)
Question 1
Complete
Select one:
a. aggregate
b. Laspeyres
c. Paasche 
d. simple
Question 2
Complete
Select one:
a. m1≤m2
b. m1<m2
c. m1>m2
d. m1≥m2
Question 3
Complete
Select one:
Question 4
Complete
Select one:
a. m1=m2
b. m1≥m2
c. m1≤m2
d. m1≠m2
Question 5
Complete

Select one:
a. -2.58 and 2.58
b. -2.33 and 2.33
c. -1.28 and 1.28 
d. -1.96 and 1.96
Question 6
Complete
Select one:
a. it is computed by using the values from a single time series or based on a single product
b. it is difficult to compute
Question 7
Complete

Select one:
Question 8
Complete
Select one:
a. both daily demand and variable lead time
b. none of these
c. daily demand
Question 9
Complete

Select one:
a. -1.96 and 1.96
b. -1.28 and 1.28
c. -2.33 and 2.33

d. -2.58 and 2.58
Question 10
Complete
Select one:
a. -1.96
b. 2.33
c. -2.58
d. 1.28
Question 11
Complete

Select one:
c. an index that is designed to measure changes in production levels over time. 
d. a weighted aggregate price index where the weight for each item is its last-period quantity.
Question 12
Complete
Select one:
a. to achieve goal
d. none of these
Question 13
Complete

is known as the
Select one:
a. Producer Price Index
c. Paasche Index

d. Laspeyres Index
Question 14
Complete
Select one:
a. Statistical hypothesis is a statement about sample.
b. Statistical hypothesis is any random statement made by researcher.
Question 15
Complete

Select one:
b. there is huge cost involved
c. project is very complicated
d. project is risky 
Question 16
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:
Question 17
Complete
Select one:
a. m1≤m2
b. m1≠m2
c. m1=m2
d. m1≥m2
Question 18
Complete

Select one:
a. deterministic
b. stochastic
c. Monte carlo

d. continuous
Question 19
Complete
100 is known as the
Select one:
a. Consumer price index
b. Paasche index
c. Price relative
d. Producer price index
Question 20
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:
Question 21
Complete
Select one:
a. service times
c. times between failures
d. number of employees absent
Question 22
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.

Question 23
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
Question 24
Complete
Select one:
a. Laspeyres
b. Quantity index
c. weight index
d. Paasche
Question 25
Complete

Select one:
a. none of these
b. order quantity
c. reorder points
d. both order quantity and reorder points 
Question 26
Complete
Select one:
a. final
b. shortest
c. base
d. current
Question 27
Complete

Select one:
a. 6
b. 5
c. 3

d. 4
Question 28
Complete
Select one:
b. Null hypothesis cannot be rejected.
d. Null hypothesis is true
Question 29
Complete

Select one:
a. m1<m2
b. m1≥m2
c. m1≤m2

d. m1>m2
Question 30
Complete
Select one:
a. -2.33 and 2.33
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -1.96 and 1.96
  
Started on Sunday, 5 September 2021, 9:39 AM

State Finished
Completed on Sunday, 5 September 2021, 9:56 AM
Grade 14.50 out of 15.00 (97%)
Question 1
Complete
Select one:
b. An unstructured questionnaire is administered

d. The administrator sits face-to-face with the interviewee
Question 2
Complete
Select one:
a. 88
b. 86
c. 93
d. 80
Question 3
Complete

Select one:
a. Square root of Variance
c. Zero
d. Sum of all the variables divided by 3
Question 4
Complete
Select one:
a. discrete
b. poisson
c. none
d. binomial
Question 5
Complete

Select one:
a. 12
b. 9
c. 6
d. 15
Question 6
Complete
Select one statement which matches with given situation. Suppose p = 0.3, if binomial expression appears as ((6!)/(3!X3!))((0.3)^3)((0.7)^3)
means that:
Select one:
a. Probability of getting four or more successes in seven trials.
b. Probability of getting exactly three successes in six trials.
c. Probability of getting exactly four successes in six trials.
d. Probability of getting three or more successes in seven trials.
Question 7
Complete

Select one:
a. P(x £ 8) = 0.00
b. P(x £ 8) = 0.06
c. P(x £ 8) = 0.15
d. P(x £ 8) = 0.08
Question 8
Complete
Select one:
a. P(10 <=x <=12) = 0.15
b. P(10 <=x <=12) = 0.06
c. P(10 <=x <=12) = 0.09
d. P(10 <=x <=12) = 0.33
Question 9
Complete 
Select one:
a. 5
b. 4
c. 3.5
d. 3
Question 10
Complete
Select one:
b. Mean and Mode
c. Mean and Median
d. Median and Mode
Question 11
Complete 
Select one:
a. Each trial results in one of two mutually exclusive outcomes.
d. Sampling is with replacement.
Question 12
Complete
Select one:
a. sampling distribution of mean becomes positively skewed 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. Standard deviation of sampling distribution of mean increases with increase in sample size.
Question 13
Complete 
Select one:
a. 4
b. 2.7
c. 3
d. 3.5
Question 14
Complete
Select one:
a. Both of these
b. Categorical Data
c. None of these
d. Continuous Data
Question 15
Complete 
Select one:
a. 30
b. 50
c. 60
d. 58
Question 16
Complete
Select one:
b. Primary Data is always collected by qualified professionals
c. The client always prefers primary data
d. It is less costly
Question 17
Complete 
Select one:
a. 20
b. 50
c. 30
d. 100
Question 18
Complete
Select one:
a. Frequency distribution
b. Frequency distribution and Summary table
c. Contingency table
d. Summary table
Question 19
Complete

The Census method can be characterised as
Select one:
a. None of these
b. Random sampling
c. Probabilistic sampling
d. Nonprobabilistic sampling
Question 20
Complete
Select one:
a. 0.11
b. None of these
c. 0.22
d. 0.03
Question 21
Complete

Select one:
a. 0.34
b. 0.41
c. 0.37
d. 0.29
Question 22
Complete
Standard deviation sample statistics is known as;
Select one:
a. Standard normal distribution
b. Continuous probability distribution
c. Sampling distribution
d. Frequency distribution
Question 23
Complete 
Select one:
a. Percentage table
c. Frequency table
d. Relative Frequency Tanle
Question 24
Complete
Select one:
a. measuring the length of an item
b. coin tossing
d. counting defects on an item.
Question 25
Complete 
sample means?
Select one:
a. 6
b. 4
c. 3
d. 2
Question 26
Complete
Select one:
a. 34
b. 43
c. 15
d. 39
Question 27
Complete 
Select one:
a. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
Question 28
Complete
means?
Select one:
a. 36
b. 0.6
c. 60
d. 12
Question 29
Complete

Select one:
a. The exponential distribution is a worst approximation.
b. It provide symmetric binomial distribution.
c. It is a right skewed binomial distribution.
d. It is a left skewed binomial distribution.
Question 30
Complete
Select one:
c. None of these
d. A Priori Probability

 
Started on Sunday, 30 May 2021, 7:41 PM

State Finished
Completed on Sunday, 30 May 2021, 8:31 PM
Time taken 50 mins 1 sec
Grade 9.00 out of 15.00 (60%)
1
Question 1
Complete
Select one:
a. Less than Median
o b. Greater than Median
o c. More than the Mean
o d. Equal to Mean
2
Question 2
Complete
A discrete variable that can often be used to describe the number of occurrences of an event over a speci ed interval of time or space is a
Select one:
O a. poisson
O b. none
<§> c. discrete
o d. binomial
3
Question 3
Complete
Select one:

o a. Each trial results in one of two mutually exclusive outcomes.
o b. Trials are independent of each other.
o c. The probability of success remains constant from trial to trial.
<D d. Sampling is with replacement.
4
Question 4
Complete
What is the probability of it happening either tomorrow or the day after?
Select one:
O a. 0.36
b. 0.4
o c. 0.33
o d. 0.31
Question 5
5
Complete
Select one:
o a. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random

o c. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
o d. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
Question 6
6
Complete
Select one:
O a. A structured questionnaire is administered
O b. The administrator sits face-to-face with the interviewee
o c. An unstructured questionnaire is administered
Question 7
7
Complete
What is the probability of it happening both tomorrow and the day after?
Select one:
O a. None of these

b. 0.22
o c. 0.03
o d. 0.11
Question 8
8
Complete
Select one:
<§> a. 39
O b. 34
O c. 15
o d. 43
9
Question 9
Complete
Select one:
o a. Frequency distribution

b. Sampling distribution
o c. Standard normal distribution
o d. Continuous probability distribution
10
Question 10
Complete
Select one:
o a. 0.2
o b. 0.08
o c. 0.3
d. 0.02
11
Question 11
Complete
Select one:
o a. 4

o b. 3
o c. 2.7
d. 3.5
12
Question 12
Complete
It is 8th March 2019 today and I have decided to buy a stock if it falls below 3000 tomorrow. It has happened ve days in February and is
expected to follow the same trend this month. What is the probability that this will happen tomorrow?
Select one:
O a. 0.11
O b. 0.22
o c. 0.25
d. 0.18
13
Question 13
Complete
Suppose binomial distribution with n xed, if p > 0.5, then:
Select one:

o a. The exponential distribution is a worst approximation.
b. It is a right skewed binomial distribution.
o c. It is a left skewed binomial distribution.
o d. It provide symmetric binomial distribution.
Question 14
14
Complete
Select one:
<§> a. 20
O b. 100
O c. 30
o d. 50
Question 15
15
Complete
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:

o a. both binomail and poisson
o b. neither binomial nor poisson
<§> c. Poisson
o d. binomial
Question 16
16
Complete
Select one:
O a. 0.65
O b. 0.67
<§> c. 0.56
o d. 0.7
Question 17
17
Complete
Select one:

o a. Square root of standard deviation
<§> b. Square root of Variance
o c. Sum of all the variables divided by 3
o d. Zero
Question 18
18
Complete
Select one:
O a. standard error of the mean increases with increase in sample size
O b. standard error of the mean remains same with increase in sample size
o c. standard error of the mean become equal to sample mean
® d. standard error of the mean decreases with increase in sample size
Question 19
19
Complete
Select one:

o a. None of these
o b. A Priori Probability
<§> c. Subjective Probability
o d. Empirical Probability
Question 20
20
Complete
means that:
Select one:
O a. Probability of getting exactly four successes in six trials.
o b. Probability of getting four or more successes in seven trials.
<§> c. Probability of getting exactly three successes in six trials.
o d. Probability of getting three or more successes in seven trials.
21
Question 21
Complete
means?

Select one:
o a. 12
o b. 60
<§> c. 36
o d. 0.6
Question 22
22
Complete
Select one:
O a. At least one
O b. Can be any number
o c. Should comprise at least half of the population
d. Is dependent upon the population size
Question 23
23
Complete
Select one:
O a. 1.53

b. 1.73
o c. 1.33
o d. 6
Question 24
24
Complete
Select one:
O a. 0.34
b. 0.37
o c. 0.41
o d. 0.29
Question 25
25
Complete
A total of 50 ra e tickets are sold for a contest to win a car. If you purchase one ticket, what are your odds against winning?

Select one:
O a. 0.05
o b. 50 to 1
o c. 0.01
<D d. 49 to 1
Question 26
26
Complete
If n = 15 and p = .4, then the standard deviation of the binomial distribution is
Select one:
<§> a. 1.897
O b. 9
O c. 6
o d. 3.6
Question 27
27
Complete
Select one:

O a. Subjective Probability
<§> b. A Priori Probability
o c. Empirical Probability
o d. None of these
Question 28
28
Complete
The table is best converted to a
Select one:
<§> a. Frequency distribution
O b. Summary table
O c. Frequency distribution and Summary table
o d. Contingency table
Question 29
29
Complete
sample means?
Select one:

O a. 4
<D b. 2
o c. 6
o d. 3
30
Question 30
Complete
Select one:
O a. P(x £ 8) = 0.06
o b. P(x £ 8) = 0.15
o c. P(x £ 8) = 0.08
d. P(x £ 8) = 0.00
 
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71178 8
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Started on Friday, 21 May 2021, 3:57 PM

State Finished
Completed on Friday, 21 May 2021, 4:34 PM
Grade 6.00 out of 15.00 (40%)
1
Question 1
Complete
In Question No. 3, the 75th percentile is equal to:
Select one:
o a. 5
o b. 4
c. 3
o d. 3.5 
2
Question 2
Complete
However, in the table in Q No.4, 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
O b. Summary table
O c. Frequency distribution
o d. Contingency Table
3
Question 3
Complete

Select one:
<§> a. Square root of standard deviation
o b. Square root of Variance
o d. Zero
Question 44
Not answered
Marked out of 0.50
Select one:
O a. P(x £ 8) = 0.15
O b. P(x £ 8) = 0.08
o c. P(x £ 8) = 0.06
o d. P(x £ 8) = 0.00
Question 55
Complete

means that:
Select one:
o a. Probability of getting three or more successes in seven trials.
o b. Probability of getting exactly four successes in six trials.
o d. Probability of getting four or more successes in seven trials.
Question 66
Complete
Select one:
O a. Empirical Probability
O b. A Priori Probability
o d. None of these
Question 77
Complete

In a class, 40 students scored between 90 and 100, forty ve between 80 and 90 and sixteen between 70 and 80. The mode of the
Select one:
O a. 88
<§> b. 86
o c. 80
o d. 93
Question 8
8
Complete
Select one:
O a. Continuous Data
O b. None of these
<§> c. Categorical Data
o d. Both of these
9
Question 9
Complete

Select one:
o a. 6
o b. 9
o c. 1.897
<D d. 3.6
10
Question 10
Complete
Select one:
o a. Is dependent upon the population size
b. Can be any number
o d. At least one
11
Question 11
Complete

Select one:
o a. 15
<§) b. 12
o c. 9
o d. 6
12
Question 12
Complete
Select one:
O a. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random
O b. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
o 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
13
Question 13
Complete

Select one:
o a. Mean and Mode
o b. Median and Mode
o c. Mean and Median
<§) d. Mean,Median and Mode
Question 14
14
Complete
Select one:
O a. 20
O b. 50
<§> c. 30
o d. 100
Question 15
15
Complete

Select one:
o a. 1.53
o b. 6
<§> c. 1.73
o d. 1.33
16
Question 16
Complete
Select one:
O a. standard error of the mean become equal to sample mean
b. standard error of the mean increases with increase in sample size
o c. standard error of the mean remains same with increase in sample size
o d. standard error of the mean decreases with increase in sample size
17
Question 17
Complete

Select one:
o a. 0.22
b. 0.18
o c. 0.25
o d. 0.11
Question 18
18
Complete
Select one:
O a. Sampling is with replacement.
O b. Each trial results in one of two mutually exclusive outcomes.
o c. Trials are independent of each other.
d. The probability of success remains constant from trial to trial.
Question 19
19
Complete

Select one:
o a. Population standard deviation divided by sample mean
b. Population variance divided by sample mean
o c. Population standard deviation divided by sample size
o d. Population variance divided by sample size
Question 20
20
Complete
Select one:
O a. P(10 <=x <=12) = 0.09
b. P(10 <=x <=12) = 0.33
o c. P(10 <=x <=12) = 0.06
o d. P(10 <=x <=12) = 0.15
Question 21
21
Complete

Select one:
o a. none
o b. poisson
<§> c. discrete
o d. binomial
Question 22
22
Complete
Select one:
O a. sampling distribution of mean becomes positively skewed with increase in sample size.
O b. Standard deviation of sampling distribution of mean increases with increase in sample size.
o c. sampling distribution of mean becomes negatively skewed with increase in sample size.
d. Standard deviation of sampling distribution of mean decreases with increase in sample size.
Question 23
23
Complete

Select one:
O a. The exponential distribution is a worst approximation.
o b. It is a right skewed binomial distribution.
c. It is a left skewed binomial distribution.
Question 24
24
Complete
Select one:
O a. 2.7
® b. 3.5
o c. 3
o d. 4
Question 25
25
Complete

Select one:
O a. Less than Median
o c. Equal to Mean
® d. More than the Mean
Question 26
26
Complete
Select one:
O a. Only if sample is selected from normal distribution
O b. Population distribution needs to be a continuous distribution
<§> c. Distribution of sample mean remains the same as distribution of population of its origin.
o d. Irrespective of distribution of population of selected random sample.
Question 27
27
Complete

Select one:
O a. left skewed
o b. bimodal
<§> c. right skewed
o d. symmetric
Question 28
28
Complete
What is the percentage chance that a person has invested in a risky option?
Select one:
O a. 64
® b. 31
o c. 60
o d. 51
Question 29
29
Complete

Select one:
O a. Probabilistic sampling
o b. Nonprobabilistic sampling
o c. None of these
® d. Random sampling
30
Question 30
Complete
Select one:
O a. 0.05
b. 0.01
o c. 50 to 1
o d. 49 to 1
 

Started on Sunday, 30 May 2021, 7:41 PM

State Finished
Completed on Sunday, 30 May 2021, 8:31 PM
Time taken 50 mins 1 sec
Grade 9.00 out of 15.00 (60%)
1
Question 1
Complete
Select one:
a. Less than Median
o c. More than the Mean
o d. Equal to Mean
2
Question 2
Complete
Select one:
O a. poisson
O b. none
<§> c. discrete
o d. binomial
3
Question 3
Complete
Select one:

o a. Each trial results in one of two mutually exclusive outcomes.
o b. Trials are independent of each other.
o c. The probability of success remains constant from trial to trial.
<D d. Sampling is with replacement.
4
Question 4
Complete
Select one:
O a. 0.36
b. 0.4
o c. 0.33
o d. 0.31
Question 5
5
Complete
Select one:
o a. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random

o c. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
o d. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
Question 6
6
Complete
Select one:
O a. A structured questionnaire is administered
O b. The administrator sits face-to-face with the interviewee
o c. An unstructured questionnaire is administered
Question 7
7
Complete
Select one:
O a. None of these

b. 0.22
o c. 0.03
o d. 0.11
Question 8
8
Complete
Select one:
<§> a. 39
O b. 34
O c. 15
o d. 43
9
Question 9
Complete
Select one:
o a. Frequency distribution

o c. Standard normal distribution
o d. Continuous probability distribution
10
Question 10
Complete
Select one:
o a. 0.2
o b. 0.08
o c. 0.3
d. 0.02
11
Question 11
Complete
Select one:
o a. 4

o b. 3
o c. 2.7
d. 3.5
12
Question 12
Complete
Select one:
O a. 0.11
O b. 0.22
o c. 0.25
d. 0.18
13
Question 13
Complete
Select one:

o a. The exponential distribution is a worst approximation.
o c. It is a left skewed binomial distribution.
Question 14
14
Complete
Select one:
<§> a. 20
O b. 100
O c. 30
o d. 50
Question 15
15
Complete
Select one:

o a. both binomail and poisson
o b. neither binomial nor poisson
<§> c. Poisson
o d. binomial
Question 16
16
Complete
Select one:
O a. 0.65
O b. 0.67
<§> c. 0.56
o d. 0.7
Question 17
17
Complete
Select one:

o a. Square root of standard deviation
<§> b. Square root of Variance
o d. Zero
Question 18
18
Complete
Select one:
O a. standard error of the mean increases with increase in sample size
O b. standard error of the mean remains same with increase in sample size
o c. standard error of the mean become equal to sample mean
® d. standard error of the mean decreases with increase in sample size
Question 19
19
Complete
Select one:

o a. None of these
o b. A Priori Probability
o d. Empirical Probability
Question 20
20
Complete
means that:
Select one:
O a. Probability of getting exactly four successes in six trials.
o b. Probability of getting four or more successes in seven trials.
o d. Probability of getting three or more successes in seven trials.
21
Question 21
Complete
means?

Select one:
o a. 12
o b. 60
<§> c. 36
o d. 0.6
Question 22
22
Complete
Select one:
O a. At least one
O b. Can be any number
Question 23
23
Complete
Select one:
O a. 1.53

b. 1.73
o c. 1.33
o d. 6
Question 24
24
Complete
Select one:
O a. 0.34
b. 0.37
o c. 0.41
o d. 0.29
Question 25
25
Complete

Select one:
O a. 0.05
o b. 50 to 1
o c. 0.01
<D d. 49 to 1
Question 26
26
Complete
Select one:
<§> a. 1.897
O b. 9
O c. 6
o d. 3.6
Question 27
27
Complete
Select one:

O a. Subjective Probability
<§> b. A Priori Probability
o c. Empirical Probability
o d. None of these
Question 28
28
Complete
Select one:
<§> a. Frequency distribution
O b. Summary table
O c. Frequency distribution and Summary table
o d. Contingency table
Question 29
29
Complete
sample means?
Select one:

O a. 4
<D b. 2
o c. 6
o d. 3
30
Question 30
Complete
Select one:
O a. P(x £ 8) = 0.06
o b. P(x £ 8) = 0.15
o c. P(x £ 8) = 0.08
d. P(x £ 8) = 0.00
 
Started on Friday, 21 May 2021, 3:57 PM

State Finished
Completed on Friday, 21 May 2021, 4:34 PM
Grade 6.00 out of 15.00 (40%)
1
Question 1
Complete
Select one:
o a. 5
o b. 4
c. 3
o d. 3.5 
2
Question 2
Complete
However, in the table in Q No.4, 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
O b. Summary table
O c. Frequency distribution
o d. Contingency Table
3
Question 3
Complete

Select one:
<§> a. Square root of standard deviation
o b. Square root of Variance
o d. Zero
Question 44
Not answered
Marked out of 0.50
Select one:
O a. P(x £ 8) = 0.15
O b. P(x £ 8) = 0.08
o c. P(x £ 8) = 0.06
o d. P(x £ 8) = 0.00
Question 55
Complete

means that:
Select one:
o a. Probability of getting three or more successes in seven trials.
o b. Probability of getting exactly four successes in six trials.
o d. Probability of getting four or more successes in seven trials.
Question 66
Complete
Select one:
O a. Empirical Probability
O b. A Priori Probability
o d. None of these
Question 77
Complete

In a class, 40 students scored between 90 and 100, forty ve between 80 and 90 and sixteen between 70 and 80. The mode of the
Select one:
O a. 88
<§> b. 86
o c. 80
o d. 93
Question 8
8
Complete
Select one:
O a. Continuous Data
O b. None of these
<§> c. Categorical Data
o d. Both of these
9
Question 9
Complete

Select one:
o a. 6
o b. 9
o c. 1.897
<D d. 3.6
10
Question 10
Complete
Select one:
o a. Is dependent upon the population size
o d. At least one
11
Question 11
Complete

Select one:
o a. 15
<§) b. 12
o c. 9
o d. 6
12
Question 12
Complete
Select one:
O a. the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval, and the random
O b. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
o c. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
13
Question 13
Complete

Select one:
o a. Mean and Mode
o b. Median and Mode
o c. Mean and Median
<§) d. Mean,Median and Mode
Question 14
14
Complete
Select one:
O a. 20
O b. 50
<§> c. 30
o d. 100
Question 15
15
Complete

Select one:
o a. 1.53
o b. 6
<§> c. 1.73
o d. 1.33
16
Question 16
Complete
Select one:
O a. standard error of the mean become equal to sample mean
b. standard error of the mean increases with increase in sample size
o c. standard error of the mean remains same with increase in sample size
o d. standard error of the mean decreases with increase in sample size
17
Question 17
Complete

Select one:
o a. 0.22
b. 0.18
o c. 0.25
o d. 0.11
Question 18
18
Complete
Select one:
O a. Sampling is with replacement.
O b. Each trial results in one of two mutually exclusive outcomes.
o c. Trials are independent of each other.
Question 19
19
Complete

Select one:
o a. Population standard deviation divided by sample mean
o c. Population standard deviation divided by sample size
o d. Population variance divided by sample size
Question 20
20
Complete
Select one:
O a. P(10 <=x <=12) = 0.09
b. P(10 <=x <=12) = 0.33
o c. P(10 <=x <=12) = 0.06
o d. P(10 <=x <=12) = 0.15
Question 21
21
Complete

Select one:
o a. none
o b. poisson
<§> c. discrete
o d. binomial
Question 22
22
Complete
Select one:
O a. sampling distribution of mean becomes positively skewed with increase in sample size.
O b. Standard deviation of sampling distribution of mean increases with increase in sample size.
o c. sampling distribution of mean becomes negatively skewed with increase in sample size.
Question 23
23
Complete

Select one:
O a. The exponential distribution is a worst approximation.
o b. It is a right skewed binomial distribution.
Question 24
24
Complete
Select one:
O a. 2.7
® b. 3.5
o c. 3
o d. 4
Question 25
25
Complete

Select one:
O a. Less than Median
o c. Equal to Mean
® d. More than the Mean
Question 26
26
Complete
Select one:
O a. Only if sample is selected from normal distribution
O b. Population distribution needs to be a continuous distribution
<§> c. Distribution of sample mean remains the same as distribution of population of its origin.
o d. Irrespective of distribution of population of selected random sample.
Question 27
27
Complete

Select one:
O a. left skewed
o b. bimodal
<§> c. right skewed
o d. symmetric
Question 28
28
Complete
Select one:
O a. 64
® b. 31
o c. 60
o d. 51
Question 29
29
Complete

Select one:
O a. Probabilistic sampling
o b. Nonprobabilistic sampling
o c. None of these
® d. Random sampling
30
Question 30
Complete
Select one:
O a. 0.05
b. 0.01
o c. 50 to 1
o d. 49 to 1
 

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MKTC001_v2
EGMC001_v2
This course
Sections
General
Topic 1
Topic 2
Topic 3
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Topic 7
Topic 8
Topic 9
Topic 10
Topic 11
Topic 12
Topic 13
Topic 14
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4. Assignment - 1
Started on Sunday, 18 July 2021, 7:07 AM

State Finished
Completed on Sunday, 18 July 2021, 7:55 AM
Grade 9.00 out of 15.00 (60%)
Question 1
Complete
ENot flaggedFlag question
Question text
Select one:
a. 60
b. 51
c. 31
d. 64
Question 2
Complete
Question text
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. discrete
b. none
c. poisson
d. binomial
Question 3
Complete
Question text
However, in the table in Q No.4, 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:
b. Relative Frequency Distribution
c. Summary table
Question 4
Complete
Question text
Select one:
a. P(10 <=x <=12) = 0.09
b. P(10 <=x <=12) = 0.06
c. P(10 <=x <=12) = 0.15
d. P(10 <=x <=12) = 0.33
Question 5
Complete
Question text

Select one:
a. left skewed
b. bimodal
c. symmetric
d. right skewed
Question 6
Complete
Question text
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. None of these
Question 7
Complete
Question text

Select one:
a. Population standard deviation divided by sample size
c. Population standard deviation divided by sample mean
d. Population variance divided by sample size
Question 8
Complete
Question text

Select one:
b. The entire population may not be accessible
d. All of these
Question 9
Complete
Question text
Select one:
a. 3.5
b. 3
c. 4
d. 2.7
Question 10
Complete
Question text
Which of the statement is true for the probability distribution of random variable?
Select one:
a. The sum of all probabilities of all outcomes is 1.
b. A probability is distributed among every possible value.
c. (1) and (4)
d. In any case no probability value occurs more than once.
Question 11
Complete
Question text

Select one:
a. Random sampling
b. None of these
Question 12
Complete
Question text
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:
c. None of these
Question 13
Complete
Question text
Select one:
a. 0.22
b. None of these
c. 0.03
d. 0.11
Question 14
Complete
Question text
Geometric Mean of the Dataset 4,16,1 is:

Select one:
a. 7
b. 4
c. 5.2
d. 4.5
Question 15
Complete
Question text
Select one:
a. 20
b. 50
c. 30
d. 100
Question 16
Complete
Question text

Select one:
a. Continuous probability distribution
c. Standard normal distribution
Question 17
Complete
Question text
Suppose sample of size of 36 is drawn from a population with a mean of 60 and standard deviation 12. What is standard deviation of sample means?
Select one:
a. 4
b. 6
c. 2
d. 3
Question 18
Complete
Question text

Select one:
b. An unstructured questionnaire is administered
Question 19
Complete
Question text

Select one:
a. 3.5
b. 3
c. 4
d. 5
Question 20
Complete
Question text

Select one:
a. Is dependent upon the population size
b. Should comprise at least half of the population
c. At least one
Question 21
Complete
Question text
Select one:
a. standard error of the mean remains same with increase in sample size
c. standard error of the mean increases with increase in sample size
Question 22
Complete
Question text
Select one:
a. Irrespective of distribution of population of selected random sample.
b. Distribution of sample mean remains the same as distribution of population of its origin.
c. Only if sample is selected from normal distribution
Question 23
Complete
Question text
Select one:
a. 15
b. 12
c. 6
d. 9
Question 24
Complete
Question text
Select one:
a. 1.73
b. 1.33
c. 1.53
d. 6
Question 25
Complete
Question text

Select one:
a. Frequency distribution and Summary table
c. Contingency table
d. Summary table
Question 26
Complete
Question text
Select one:
a. 9
b. 1.897
c. 3.6
d. 6
Question 27
Complete
Question text

Select one:
a. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
b. 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.
c. 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
d. 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.
Question 28
Complete
Question text

Select one:
a. It is less costly
b. The client always prefers primary data
d. We cannot always trust secondary sources
Question 29
Complete
Question text

Select one:
a. 0.4
b. 0.31
c. 0.33
d. 0.36
Question 30
Complete
Question text

Select one:
b. The exponential distribution is a worst approximation.
d. It is a right skewed binomial distribution.
Finish review
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State Finished
Grade 14.00 out of 15.00 (93%)
Question 1
Complete
Select one:
variable of interest is discrete 
d. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
Question 2
Complete
Select one:
a. A Priori Probability
c. None of these
d. Empirical Probability
Question 3
Complete

Select one:
a. Summary table
b. Contingency table
Question 4
Complete
Select one:
a. 0.03
b. 0.22
c. 0.11
d. None of these
Question 5
Complete

Select one:
a. An unstructured questionnaire is administered
Question 6
Complete
Select one:
a. 1.73
b. 1.53
c. 1.33
d. 6
Question 7
Complete 
Select one:
a. Trials are independent of each other.
b. Sampling is with replacement.
c. Each trial results in one of two mutually exclusive outcomes.
Question 8
Complete
Select one:
a. P(x £ 8) = 0.08
b. P(x £ 8) = 0.06
c. P(x £ 8) = 0.15
d. P(x £ 8) = 0.00
Question 9
Complete 
Select one:
a. Relative Frequency Tanle
c. Percentage table
d. Frequency table
Question 10
Complete
Select one:
a. 0.05
b. 49 to 1
c. 50 to 1
d. 0.01
Question 11
Complete 
Select one:
a. At least one
c. Should comprise at least half of the population
Question 12
Complete
Select one:
a. 15
b. 43
c. 34
d. 39
Question 13
Complete 
Select one:
a. 3.5
b. 5
c. 3
d. 4
Question 14
Complete
Select one:
a. Mean and Median
b. Mean and Mode
c. Mean,Median and Mode
d. Median and Mode
Question 15
Complete 
Select one:
a. 60
b. 64
c. 31
d. 51
Question 16
Complete
Select one:
d. Standard deviation of sampling distribution of mean increases with increase in sample size.
Question 17
Complete 
sample means?
Select one:
a. 4
b. 2
c. 3
d. 6
Question 18
Complete
Select one:
a. bimodal
b. left skewed
c. symmetric
d. right skewed
Question 19
Complete 
Select one:
a. 88
b. 93
c. 80
d. 86
Question 20
Complete
Select one:
a. binomial
b. Poisson
c. both binomail and poisson
d. neither binomial nor poisson
Question 21
Complete

Select one:
a. 0.36
b. 0.31
c. 0.33
d. 0.4
Question 22
Complete
Select one:
a. 3
b. 2.7
c. 3.5
d. 4
Question 23
Complete 
Select one:
a. Greater than Median
b. Equal to Mean
c. Less than Median
d. More than the Mean
Question 24
Complete
Select one:
a. drawing balls from an urn
b. coin tossing
c. measuring the length of an item
Question 25
Complete 
Select one:
a. 0.3
b. 0.2
c. 0.08
d. 0.02
Question 26
Complete
Select one:
a. The entire population may not be accessible
c. All of these
d. Analysing the entire population is cumbersome
Question 27
Complete 
Select one:
a. None of these
b. Nonprobabilistic sampling
d. Random sampling
Question 28
Complete
Select one:
a. Summary table
c. Relative Frequency Distribution
d. Contingency Table
Question 29

Complete
Select one:
a. Both of these
b. Continuous Data
c. Categorical Data
d. None of these
Question 30
Complete
Select one:
a. Only if sample is selected from normal distribution
b. Population distribution needs to be a continuous distribution
c. Irrespective of distribution of population of selected random sample.
d. Distribution of sample mean remains the same as distribution of population of its origin.
  

State Finished
Grade 11.50 out of 15.00 (77%)
Question 1
Complete
Select one:
c. Standard deviation of sampling distribution of mean increases with increase in sample size.

Question 2
Complete
Select one:
a. standard error of the mean increases with increase in sample size
Question 3
Complete

Select one:
a. 20
b. 50
c. 30
d. 100
Question 4
Complete
Select one:
c. Relative Frequency Distribution
d. Summary table
Question 5
Complete

Select one:
a. P(x £ 8) = 0.08
b. P(x £ 8) = 0.06
c. P(x £ 8) = 0.15
d. P(x £ 8) = 0.00
Question 6
Complete
Select one:
a. 88
b. 93
c. 86
d. 80
Question 7
Complete

sample means?
Select one:
a. 2
b. 6
c. 3
d. 4
Question 8
Complete
Select one:
a. Population standard deviation divided by sample mean
c. Population variance divided by sample size
d. Population variance divided by sample mean
Question 9
Complete

Select one:
a. P(10 <=x <=12) = 0.15
b. P(10 <=x <=12) = 0.33
c. P(10 <=x <=12) = 0.06
d. P(10 <=x <=12) = 0.09
Question 10
Complete
Select one:
a. 0.41
b. 0.34
c. 0.29
d. 0.37
Question 11
Complete

Select one:
a. poisson
b. binomial
c. none
d. discrete
Question 12
Complete
Select one:
a. Random sampling
b. Probabilistic sampling
c. None of these
Question 13
Complete

Select one:
a. Frequency table
c. Percentage table
d. Relative Frequency Tanle
Question 14
Complete
Select one:
a. 34
b. 43
c. 39
d. 15
Question 15
Complete

Select one:
a. 0.7
b. 0.56
c. 0.65
d. 0.67
Question 16
Complete
Select one:
a. The client always prefers primary data
b. We cannot always trust secondary sources
Question 17
Complete

Select one:
a. 50
b. 58
c. 30
d. 60
Question 18
Complete
Select one:
b. coin tossing
c. measuring the length of an item
Question 19
Complete

Select one:
a. Mean and Mode
b. Median and Mode
c. Mean and Median
d. Mean,Median and Mode
Question 20
Complete
Select one:
a. 0.22
b. 0.11
c. None of these
d. 0.03
Question 21
Complete

Select one:
a. 0.08
b. 0.02
c. 0.2
d. 0.3
Question 22
Complete
Select one:
a. 0.11
b. 0.22
c. 0.25
d. 0.18
Question 23
Complete

Select one:
a. Can be any number
b. Is dependent upon the population size
d. At least one
Question 24
Complete
Select one:
a. Categorical Data
b. Both of these
c. Continuous Data
d. None of these
Question 25
Complete

Select one:
a. right skewed
b. bimodal
c. symmetric
d. left skewed
Question 26
Complete
means that:
Select one:
a. Probability of getting exactly four successes in six trials.
c. Probability of getting four or more successes in seven trials.
Question 27
Complete

Select one:
a. 5
b. 3
c. 3.5
d. 4
Question 28
Complete
Select one:
a. 5.2
b. 4
c. 4.5
d. 7
Question 29
Complete

Select one:
c. Continuous probability distribution
Question 30
Complete
Select one:
a. 0.05
b. 50 to 1
c. 49 to 1
d. 0.01
 

07/09/2021, 14:29 Assignment - 1: Attempt review
Started on Tuesday, 7 September 2021, 12:55 AM

State Finished
Completed on Tuesday, 7 September 2021, 1:45 AM
Grade 12.50 out of 15.00 (83%)
Question 1
Complete
Select one:
a. 6
b. 12
c. 9 
d. 15
Question 2
Complete
Select one:
a. Frequency table
b. Percentage table
c. Relative Frequency Tanle
Question 3
Complete 
Select one:
a. 0.02
b. 0.08
c. 0.3
d. 0.2
Question 4
Complete
Select one:
c. All of these
Question 5
Complete

Select one:
a. None of these
b. 0.11
c. 0.22
d. 0.03
Question 6
Complete
Select one:
a. 60
b. 30
c. 50
d. 58
Question 7
Complete 
Select one:
a. 9
b. 1.897
c. 6
d. 3.6
Question 8
Complete
Select one:
a. Square root of Variance
b. Sum of all the variables divided by 3
c. Square root of standard deviation
d. Zero
Question 9
Complete

Select one:
a. 4.5
b. 5.2
c. 4
d. 7
Question 10
Complete
Select one:
d. Sampling distribution
Question 11
Complete

Select one:
b. Greater than Median
c. Equal to Mean
d. Less than Median
Question 12
Complete
Select one:
a. 51
b. 60
c. 31
d. 64
Question 13
Complete
Select one:
Question 14

Complete
Select one:
c. Population distribution needs to be a continuous distribution
d. Only if sample is selected from normal distribution
Question 15
Complete
Select one:
a. bimodal
b. right skewed
c. left skewed
d. symmetric
Question 16
Complete

Select one:
a. 0.29
b. 0.37
c. 0.41
d. 0.34
Question 17
Complete
Select one:
a. Nonprobabilistic sampling
c. None of these
d. Random sampling
Question 18
Complete

Select one:
a. 1.33
b. 1.53
c. 6
d. 1.73
Question 19
Complete
Select one:
d. At least one
Question 20
Complete

Select one:
a. Categorical Data
b. Both of these
c. None of these
d. Continuous Data
Question 21
Complete
Select one:
a. P(10 <=x <=12) = 0.06
b. P(10 <=x <=12) = 0.09
c. P(10 <=x <=12) = 0.33
d. P(10 <=x <=12) = 0.15
Question 22
Complete

Select one:
a. 88
b. 93
c. 86
d. 80
Question 23
Complete
Select one:
a. P(x £ 8) = 0.15
b. P(x £ 8) = 0.00
c. P(x £ 8) = 0.08
d. P(x £ 8) = 0.06
Question 24
Complete

Select one:
a. 0.33
b. 0.31
c. 0.36
d. 0.4
Question 25
Complete
Select one:
a. standard error of the mean decreases with increase in sample size
d. standard error of the mean increases with increase in sample size
Question 26
Complete

Select one:
c. counting defects on an item.
d. coin tossing
Question 27
Complete
Select one:
a. Contingency table
d. Summary table
Question 28
Complete 
Select one:
a. Mean and Median
b. Median and Mode
c. Mean and Mode
d. Mean,Median and Mode
Question 29
Complete
means?
Select one:
a. 60
b. 12
c. 36
d. 0.6
Question 30
Complete 
Select one:
a. binomial
b. Poisson
c. neither binomial nor poisson
d. both binomail and poisson
 
State Finished
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
Flag question
Question text
Select one:
b. project is risky
Question 2
Complete
Flag question
Question text
Select one:
a. Monte carlo
b. stochastic
c. deterministic
d. continuous
Question 3
Complete
Flag question
Question text
Ho: µ≤ 11
Ha: μ > 10
Select one:
Question 4
Complete
Flag question
Question text
Select one:
c. to achieve goal
d. none of these
Question 5
Complete
Flag question
Question text
Select one:
a. service times
c. times between failures
Question 6
Complete
Flag question
Question text
In hypothesis testing, comparison of means of two random samples is conducted
whether, both come from two different population or same. Suppose standard
deviation σ1 and σ2 are known, α= .05, then what could be the critical z value;
Select one:
a. -2.58 and 2.58
b. -2.33 and 2.33
c. -1.28 and 1.28
d. -1.96 and 1.96
Question 7
Complete
Flag question
Question text
A monthly price index that uses the price changes in consumer goods and services for
measuring the changes in consumer prices over time is known as the
Select one:
a. Consumer Price Index
c. Laspeyres Index
d. Paasche Index
Question 8
Complete
Flag question
Question text
Select one:
Question 9
Complete
Flag question
Question text
Select one:
c. a weighted aggregate price index where the weight for each item is its current-period
quantity.
d. a weighted aggregate price index where the weight for each item is its last-period
quantity.
Question 10
Complete
Flag question
Question text
Select one:
Question 11
Complete
Flag question
Question text
Since a(n) ____________ index employs the base-period quantities in all succeeding
periods, it allows for ready comparisons for identical quantities of goods purchased
between the base period and all succeeding periods
Select one:
a. simple
b. Paasche
c. Laspeyres
d. aggregate
Question 12
Complete
Flag question
Question text
In hypothesis testing, to conduct comparison of mean μ1 of random sample (from
population 1) is more often than mean μ2 of random sample (from population 2)
whether, both come from two different population or same population. Suppose
standard deviation σ1 and σ2 are known, α= .01, then what could be the critical z value;
Select one:
a. -2.58
b. 1.28
c. 2.33
d. -1.96
Question 13
Complete
Flag question
Question text
Select one:
a. none of these
b. order quantity
c. reorder points
d. both order quantity and reorder points
Question 14
Complete
Flag question
Question text
Select one:
a. Type of error
b. Sample size
Question 15
Complete
Flag question
Question text
In hypothesis testing, comparison of means of two random samples is conducted
whether, both come from two different population or same. Suppose standard
deviation σ1 and σ2 are known, α = .01, then what could be the critical z value;
Select one:
a. -1.96 and 1.96
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -2.33 and 2.33
Question 16
Complete
Flag question
Question text
A simple index is obtained by dividing the current value of a time series by the value of
a time series in the _____________ time period and by multiplying this ratio by 100.
Select one:
a. shortest
b. final
c. base
d. current
Question 17
Complete
Flag question
Question text
Select one:
a. it is computed by using the values from a single time series or based on a single
product
c. it does not take into account the fact that some items in the market basket are
purchased more frequently than others.
Question 18
Complete
Flag question
Question text
Select one:
a. daily demand
b. both daily demand and variable lead time
c. none of these
Question 19
Complete
Flag question
Question text
Select one:
a. Null hypothesis cannot be rejected.
c. Null hypothesis is false
Question 20
Complete
Flag question
Question text
Ho: µ = 10
Ha: μ ≠ 10
Select one:
Question 21
Complete
Flag question
Question text
A weighted aggregate price index where the weight for each item is its base-period
quantity is known as the
Select one:
a. weight index
b. Paasche
c. Quantity index
d. Laspeyres
Question 22
Complete
Flag question
Question text
Ho: µ≤ 10
Ha: μ > 10
Select one:
Question 23
Complete
Flag question
Question text
whether, both come from two different population or same population, null hypothesis
can be framed as;
Select one:
a. m1<m2
b. m1≥m2
c. m1>m2
d. m1≤m2
Question 24
Complete
Flag question
Question text
Select one:
Question 25
Complete
Flag question
Question text
A price index for a given item which is computed by dividing a current unit price by a
base-period unit price and multiplying the result by 100 is known as the
Select one:
b. Price relative
c. Paasche index
d. Consumer price index
Question 26
Complete
Flag question
Question text
whether, both come from two different population or same population, alternate
Select one:
a. m1≥m2
b. m1>m2
c. m1≤m2
d. m1<m2
Question 27
Complete
Flag question
Question text
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.
Question 28
Complete
Flag question
Question text
Select one:
d. (price in period t)(100)
Question 29
Complete
Flag question
Question text
In hypothesis testing, to conduct comparison of means of two random samples
whether, both come from two different population or same, alternate hypothesis can be
framed as;
Select one:
a. m1≥m2
b. m1≤m2
c. m1=m2
d. m1≠m2
Question 30
Complete
Flag question
Question text
Select one:
a. 5
b. 3
c. 4
d. 6
State Finished
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
Flag question
Question text
Suppose sample of size of 36 is drawn from a population with a mean of 60 and
standard deviation 12. What is expected value of sample means?
Select one:
a. 12
b. 0.6
c. 36
d. 60
Question 2
Complete
Flag question
Question text
I have no idea of the day of the week or the month today. The probability that it is
January and a Tuesday is:
Select one:
a. 0.3
b. 0.2
c. 0.08
d. 0.02
Question 3
Complete
Flag question
Question text
What is the standard deviation of distribution of x, when it is uniformly distributed and
lies between the interval 9 to 15?
Select one:
a. 6
b. 1.33
c. 1.53
d. 1.73
Question 4
Complete
Flag question
Question text
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. 31
b. 60
c. 64
d. 51
Question 5
Complete
Flag question
Question text
Select one:
a. 50
b. 100
c. 20
d. 30
Question 6
Complete
Flag question
Question text
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. 0.56
b. 0.65
c. 0.7
d. 0.67
Question 7
Complete
Flag question
Question text
Select one:
d. Sampling distribution
Question 8
Complete
Flag question
Question text
Select one:
b. The entire population may not be accessible
c. All of these
Question 9
Complete
Flag question
Question text
What is probability, P(10 £ x £ 12), when x is uniformly distributed and lies between the
interval 9 to 15?
Select one:
a. P(10 <=x <=12) = 0.15
b. P(10 <=x <=12) = 0.06
c. P(10 <=x <=12) = 0.33
d. P(10 <=x <=12) = 0.09
Question 10
Complete
Flag question
Question text
What is the mean of distribution of x, when it is uniformly distributed and lies between
the interval 9 to 15?
Select one:
a. 12
b. 15
c. 9
d. 6
Question 11
Complete
Flag question
Question text
Select one statement which matches with given situation. Suppose p = 0.3, if binomial
expression appears as ((6!)/(3!X3!))((0.3)^3)((0.7)^3) means that:
Select one:
a. Probability of getting three or more successes in seven trials.
b. Probability of getting four or more successes in seven trials.
c. Probability of getting exactly three successes in six trials.
d. Probability of getting exactly four successes in six trials.
Question 12
Complete
Flag question
Question text
Select one:
a. 6
b. 3.6
c. 9
d. 1.897
Question 13
Complete
Flag question
Question text
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. 0.34
b. 0.41
c. 0.29
d. 0.37
Question 14
Complete
Flag question
Question text
Select one:
a. sampling distribution of mean becomes positively skewed with increase in sample
size.
b. Standard deviation of sampling distribution of mean decreases with increase in
sample size.
c. Standard deviation of sampling distribution of mean increases with increase in sample
size.
d. sampling distribution of mean becomes negatively skewed with increase in sample
size.
Question 15
Complete
Flag question
Question text
Select one:
a. Can be any number
b. At least one
c. Is dependent upon the population size
d. Should comprise at least half of the population
Question 16
Complete
Flag question
Question text
Select one:
b. Less than Median
c. Equal to Mean
d. Greater than Median
Question 17
Complete
Flag question
Question text
Select one:
a. 15
b. 39
c. 34
d. 43
Question 18
Complete
Flag question
Question text
20 % of employees in a company are aged below 30, 30 % betweeen 30 and 40, 21 %
between 40 and 50. The retirement age is 60.To determine percentage of population
below the age of 60 but above 50, I construct a
Select one:
a. Relative Frequency Tanle
c. Percentage table
d. Frequency table
Question 19
Complete
Flag question
Question text
Select one:
a. Both of these
b. Continuous Data
c. Categorical Data
d. None of these
Question 20
Complete
Flag question
Question text
Select one:
a. 7
b. 4
c. 4.5
d. 5.2
Question 21
Complete
Flag question
Question text
Select one:
a. standard error of the mean decreases with increase in sample size
b. standard error of the mean remains same 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
Question 22
Complete
Flag question
Question text
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. 0.11
b. 0.03
c. 0.22
d. None of these
Question 23
Complete
Flag question
Question text
Select one:
a. 3.5
b. 5
c. 4
d. 3
Question 24
Complete
Flag question
Question text
Select one:
a. None of these
d. Random sampling
Question 25
Complete
Flag question
Question text
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:
c. Summary table
Question 26
Complete
Flag question
Question text
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. poisson
b. binomial
c. discrete
d. none
Question 27
Complete
Flag question
Question text
Which one of the following statements is not an assumption of the binomial
distribution?
Select one:
a. The probability of success remains constant from trial to trial.
c. Trials are independent of each other.
Question 28
Complete
Flag question
Question text
Select one:
b. Population standard deviation divided by sample mean
c. Population standard deviation divided by sample size
Question 29
Complete
Flag question
Question text
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. neither binomial nor poisson
b. binomial
c. Poisson
d. both binomail and poisson
Question 30
Complete
Flag question
Question text
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) = 0.06
c. P(x £ 8) = 0.08
d. P(x £ 8) = 0.15

State Finished
Grade 14.50 out of 15.00 (97%)
Question 1
Complete
Select one:
a. continuous
b. deterministic
c. Monte carlo
d. stochastic 
Question 2
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:
Question 3
Complete
Select one:
Question 4
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:
Question 5
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.
Question 6
Complete
Select one:
a. m1≤m2
b. m1≥m2
c. m1>m2
d. m1<m2
Question 7
Complete

Select one:
d. an index that is designed to measure changes in production levels over time.
Question 8
Complete
Select one:
b. project is risky
Question 9
Complete

Select one:
a. -1.96 and 1.96
b. -2.33 and 2.33
c. -1.28 and 1.28
d. -2.58 and 2.58
Question 10
Complete
Select one:
a. m1<m2
b. m1>m2
c. m1≥m2
d. m1≤m2
Question 11
Complete

Select one:
a. Sample size
b. Null and alternate hypothesis
d. Type of error
Question 12
Complete
is known as the
Select one:
a. Laspeyres Index
b. Paasche Index
Question 13
Complete

Select one:
Question 14
Complete
Select one:
a. 1.28
b. -2.58
c. 2.33
d. -1.96
Question 15
Complete

Select one:
a. Null hypothesis is always true
Question 16
Complete
Select one:
a. none of these
c. to achieve goal
Question 17
Complete

Select one:
b. reorder points
c. order quantity
d. none of these
Question 18
Complete
100 is known as the
Select one:
a. Consumer price index
c. Price relative
d. Paasche index
Question 19
Complete

Select one:
a. times between failures
b. service times
Question 20
Complete
Select one:
a. m1=m2
b. m1≤m2
c. m1≥m2
d. m1≠m2
Question 21
Complete

Select one:
a. -1.96 and 1.96
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -2.33 and 2.33
Question 22
Complete
Select one:
a. variable lead time
b. none of these
d. daily demand
Question 23
Complete

Select one:
a. weight index
b. Paasche
c. Quantity index
d. Laspeyres
Question 24
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
Question 25
Complete
Select one:
d. Statistical hypothesis is any random statement made by researcher.
Question 26
Complete

Select one:
Question 27
Complete
Select one:
a. base
b. shortest
c. final
d. current
Question 28
Complete

Select one:
a. 4
b. 3
c. 6
d. 5
Question 29
Complete
Select one:
a. simple
b. Laspeyres
c. aggregate
d. Paasche
Question 30
Complete

Select one:
a. -1.96 and 1.96
b. -2.33 and 2.33
c. -2.58 and 2.58
d. -1.28 and 1.28
 
Started on Thursday, 9 September 2021, 5:30 PM
State Finished
Completed on Thursday, 9 September 2021, 5:45 PM
Grade 15.00 out of 15.00 (100%)
Question 1
Complete Ho: µ≤ 10
Mark 0.50 out Ha: μ > 10
of 0.50 Select a statement which holds true.
Select one:

E.
Question 2
Complete
Mark 0.50 out Select one:
of 0.50
a. to achieve goal
b. to validate the model
c. to answer what if questions
d. none of these

Question 3 Monte Carlo simulation can be applied to which models
Complete
of 0.50
b. service times
Question 4 In hypothesis testing, to conduct comparison of mean μ1 of random sample (from population 1) is more often than mean μ2 of
Complete random sample (from population 2) whether, both come from two different population or same population, alternate
Mark 0.50 out hypothesis can be framed as;
of 0.50
Select one:
a. m1<m2
b. m1≤m2

c. m1>m2
d. m1≥m2
Question 5 In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two different
Complete population or same, null hypothesis can be framed as;
Mark 0.50 out
of 0.50 Select one:
a. m1≠m2
b. m1≤m2
c. m1=m2
d. m1≥m2

Question 6 In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two different
Complete population or same, alternate hypothesis can be framed as;
Mark 0.50 out
of 0.50 Select one:
a. m1≤m2
b. m1≠m2
c. m1≥m2
d. m1=m2
Question 7 In hypothesis testing, what is the assumption about null hypothesis?

Complete
of 0.50

Question 8 The important characteristics of random numbers is

Complete
of 0.50
a. the routine should have sufficiently long cycle

Question 9 The controllable inputs in simulation are
Complete
of 0.50
b. none of these
c. reorder points
d. order quantity
Complete random sample (from population 2) whether, both come from two different population or same population, null hypothesis can
Mark 0.50 out be framed as;
of 0.50
Select one:
a. m1<m2
b. m1≤m2

c. m1>m2
d. m1≥m2
Question 11 The price relative is a price index that is determined by

Complete
of 0.50
a. (price in period t + base period price)(100)
b. (price in period t/base period price)(100)
c. (price in period t)(100)
d. (base period price/price in period t)(100)

Question 12 In hypothesis testing we need to define first;
Complete
of 0.50
a. Sample size
b. Type of error
Question 13 A simple index is obtained by dividing the current value of a time series by the value of a time series in the _____________ time
Complete period and by multiplying this ratio by 100.
Mark 0.50 out
of 0.50 Select one:
a. final
b. shortest
c. current

d. base
Question 14 In hypothesis testing, comparison of means of two random samples is conducted whether, both come from two different
Complete population or same. Suppose standard deviation σ1 and σ2 are known, α= .05, then what could be the critical z value;
Mark 0.50 out
of 0.50 Select one:
a. -1.96 and 1.96
b. -1.28 and 1.28
c. -2.33 and 2.33
d. -2.58 and 2.58

Question 15 The uncontrollable inputs in simulation are
Complete
of 0.50
a. variable lead time
c. none of these
d. daily demand
Question 16 A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer
Complete prices over time is known as the
Mark 0.50 out
of 0.50 Select one:
a. Paasche Index
c. Laspeyres Index

Complete population or same. Suppose standard deviation σ1 and σ2 are known, α = .01, then what could be the critical z value;
Mark 0.50 out
of 0.50 Select one:
a. -2.33 and 2.33
b. -1.28 and 1.28
c. -1.96 and 1.96
d. -2.58 and 2.58

Complete population or same. Suppose standard deviation σ1 and σ2 are known, α= .10, then what could be the critical z value;
Mark 0.50 out
of 0.50 Select one:
a. -1.96 and 1.96
b. -2.33 and 2.33
c. -1.28 and 1.28
d. -2.58 and 2.58
Question 19 Select statement which holds true for a statistical hypothesis;

Complete
of 0.50
a. Statistical hypothesis is a generalized statement about population parameter.

Question 20 A weighted aggregate price index where the weight for each item is its base-period quantity is known as the
Complete
of 0.50
a. weight index
b. Laspeyres
c. Paasche
d. Quantity index

Complete random sample (from population 2) whether, both come from two different population or same population. Suppose standard
Mark 0.50 out deviation σ1 and σ2 are known, α= .01, then what could be the critical z value;
of 0.50
Select one:
a. 2.33
b. 1.28
c. -1.96
d. -2.58
Question 22 In the following example, null and alternative hypotheses are written as.


Select one:

Select one:
Question 24 A major drawback of the aggregate price index is that

Complete
Mark 0.50 out
of 0.50
Select one:

b. it is difficult to compute
Question 25 A price index for a given item which is computed by dividing a current unit price by a base-period unit price and multiplying the
Complete result by 100 is known as the
Mark 0.50 out
of 0.50 Select one:
c. Paasche index
d. Price relative 
Complete Ho: µ = 10
Mark 0.50 out Ha: μ ≠ 10
Select one:
Question 27 Simulation is used when

Complete
Mark 0.50 out
of 0.50
Select one:

b. project is risky
Question 28 Static simulation is generally referred as

Complete
of 0.50
a. continuous
b. Monte carlo
c. stochastic
d. deterministic

Question 29 Since a(n) ____________ index employs the base-period quantities in all succeeding periods, it allows for ready comparisons for
Complete identical quantities of goods purchased between the base period and all succeeding periods
Mark 0.50 out
of 0.50 Select one:
a. simple
b. Paasche
c. Laspeyres
d. aggregate
Complete Ho: sample mean ≤ 150
Mark 0.50 out Ha: sample mean > 150
Select one:

PR E VIOUS ACTIVITY
NE X T ACTIVITY
 Session Recording Jan21_Sem1_OPMC001_PGDM_S1 15th May- 
Assignment - 1
2021


State Finished
Grade 14.00 out of 15.00 (93%)
Question 1
Complete
Select one:
a. P(10 <=x <=12) = 0.06
b. P(10 <=x <=12) = 0.15 
c. P(10 <=x <=12) = 0.09
d. P(10 <=x <=12) = 0.33
Question 2
Complete
Select one:
a. All of these
c. Analysing the entire population is cumbersome
Question 3
Complete

Select one:
a. 0.67
b. 0.65
c. 0.56

d. 0.7
Question 4
Complete
Select one:
a. none
b. poisson
c. binomial
d. discrete
Question 5

Complete
Select one:
a. 0.2
b. 0.08
c. 0.02

d. 0.3
Question 6
Complete
Select one:
a. 4
b. 4.5
c. 5.2
d. 7
Question 7
Complete

Select one:

d. None of these
Question 8
Complete
Select one:
a. Primary Data is always collected by qualified professionals
b. The client always prefers primary data
d. We cannot always trust secondary sources
Question 9
Complete

Select one:
c. Sampling is with replacement.
d. Each trial results in one of two mutually exclusive outcomes. 
Question 10
Complete
Select one:
a. both binomail and poisson
b. binomial
c. Poisson
Question 11

Complete
Select one:
a. measuring the length of an item
b. coin tossing

Question 12
Complete
Select one:
a. None of these
Question 13

Complete
Select one:
a. 64
b. 51
c. 31 
d. 60
Question 14
Complete
Select one:
a. 3
b. 3.5
c. 2.7
d. 4
Question 15
Complete

Select one:
a. 1.33
b. 1.73
c. 6
d. 1.53 
Question 16
Complete
Select one:
d. Summary table

Question 17
Complete
Select one:
a. 0.03
b. 0.11 
c. 0.22
d. None of these
Question 18
Complete
Select one:

Question 19
Complete
Select one:
b. A structured questionnaire is administered 
Question 20
Complete
Select one:
a. Categorical Data
b. None of these
c. Both of these
d. Continuous Data
Question 21
Complete

Select one:
a. Should comprise at least half of the population
b. At least one
c. Can be any number
d. Is dependent upon the population size 
Question 22
Complete
Select one:
a. 9
b. 6
c. 1.897
d. 3.6
Question 23
Complete

Select one:
a. Population variance divided by sample mean
d. Population variance divided by sample size 
Question 24
Complete
Select one:
a. P(x £ 8) = 0.15
b. P(x £ 8) = 0.08
c. P(x £ 8) = 0.06
d. P(x £ 8) = 0.00
Question 25
Complete

Select one:
a. Median and Mode
b. Mean and Median
c. Mean,Median and Mode
d. Mean and Mode 
Question 26
Complete
Select one:
a. 0.33
b. 0.31
c. 0.36
d. 0.4
Question 27

Complete
Select one:
a. 0.01
b. 0.05
c. 49 to 1

d. 50 to 1
Question 28
Complete
Select one:
a. 88
b. 86
c. 93
d. 80
Question 29

Complete
Select one:
a. None of these
c. Nonprobabilistic sampling

d. Random sampling
Question 30
Complete
Select one:
a. 12
b. 15
c. 6
d. 9

 

State Finished
Completed on Saturday, 11 September 2021, 12:18 AM
Grade 15.00 out of 15.00 (100%)
Question 1
Complete
Select one:
a. (base period price/price in period t)(100)
Question 2
Complete
Suppose standard deviation σ1 and σ2 are known, α = .01, then what could be the critical z value;
Select one:
a. -2.33 and 2.33
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -1.96 and 1.96
Question 3
Complete
Select one:
a. an index that is designed to measure changes in production levels over time.
Question 4
Complete
Ho: µ≤ 10
Ha: μ > 10

Select one:
Question 5
Complete
Select one:
a. m1≤m2
b. m1≥m2
c. m1=m2
d. m1≠m2
Question 6
Complete
A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is
known as the
Select one:
a. Paasche Index
d. Laspeyres Index
Question 7
Complete
Select one:
Question 8
Complete
Select one:
a. order quantity
c. none of these
d. reorder points
Question 9
Complete
Select one:
Question 10
Complete
Select one:
Question 11
Complete
(from population 2) whether, both come from two different population or same population, null hypothesis can be framed as;
Select one:
a. m1≥m2
b. m1<m2
c. m1≤m2
d. m1>m2
Question 12
Complete
Select a statement which

holds true.

Select one:
Question 13
Complete
Ho: µ≤ 11
Ha: μ > 10

Select one:
Question 14
Complete
Ho: µ = 10
Ha: μ ≠ 10

Select one:
Question 15
Complete
Ho: µ≤ 10
Ha: μ > 10

Select one:
E.
Question 16
Complete
Select one:
a. 6
b. 4
c. 3
d. 5
Question 17
Complete
Select one:
a. -2.58 and 2.58
b. -1.96 and 1.96
c. -2.33 and 2.33
d. -1.28 and 1.28
Question 18
Complete
Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.58 and 2.58
d. -2.33 and 2.33
Question 19
Complete
(from population 2) whether, both come from two different population or same population. Suppose standard deviation σ1 and σ2 are known, α=
.01, then what could be the critical z value;
Select one:
a. -2.58
b. -1.96
c. 1.28
d. 2.33
Question 20
Complete
Select one:
a. aggregate
b. Laspeyres
c. Paasche
d. simple
Question 21
Complete
Select one:
c. none of these
d. to achieve goal
Question 22
Complete
A price index for a given item which is computed by dividing a current unit price by a base-period unit price and multiplying the result by 100 is
known as the
Select one:
b. Paasche index
d. Price relative
Question 23
Complete
Select one:
a. Paasche
b. Quantity index
c. Laspeyres
d. weight index
Question 24
Complete
(from population 2) whether, both come from two different population or same population, alternate hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1>m2
c. m1≥m2
d. m1<m2
Question 25
Complete
Select one:
c. project is risky
Question 26
Complete
In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two different population or same, null
Select one:
a. m1=m2
b. m1≠m2
c. m1≤m2
d. m1≥m2
Question 27
Complete
Select one:
Question 28
Complete
Select one:
a. none of these
b. daily demand
Question 29
Complete
Select one:
a. Monte carlo
b. continuous
c. stochastic
d. deterministic
Question 30
Complete
Select one:
a. final
b. shortest
c. current
d. base

State Finished
Grade 12.50 out of 15.00 (83%)
Question 1
Complete
Select one:
c. coin tossing

Question 2
Complete
Select one:
a. 0.01
b. 50 to 1
c. 49 to 1
d. 0.05
Question 3
Complete 
Select one:
a. P(x £ 8) = 0.15
b. P(x £ 8) = 0.06
c. P(x £ 8) = 0.08
d. P(x £ 8) = 0.00
Question 4
Complete
Select one:
b. The administrator sits face-to-face with the interviewee
c. A structured questionnaire is administered
Question 5
Complete 
Select one:
a. The client always prefers primary data
c. We cannot always trust secondary sources
Question 6
Complete
Select one:
a. Random sampling
b. None of these
d. Probabilistic sampling
Question 7
Complete 
Select one:
a. standard error of the mean become equal to sample mean
c. standard error of the mean decreases with increase in sample size
Question 8
Complete
Select one:
Question 9
Complete 
Select one:
a. 0.4
b. 0.33
c. 0.36
d. 0.31
Question 10
Complete
means?
Select one:
a. 0.6
b. 12
c. 60
d. 36
Question 11
Complete
Select one:
b. the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval, and the random
Question 12
Complete
Select one:
b. None of these
c. Subjective Probability
Question 13
Complete

Select one:
a. 4.5
b. 5.2
c. 4
d. 7
Question 14
Complete
Select one:
a. 64
b. 60
c. 51
d. 31
Question 15
Complete

Select one:
a. 88
b. 93
c. 80
d. 86
Question 16
Complete
Select one:
d. The exponential distribution is a worst approximation.
Question 17
Complete 
Select one:
a. Poisson
b. both binomail and poisson
c. binomial
Question 18
Complete
Select one:
a. P(10 <=x <=12) = 0.06
b. P(10 <=x <=12) = 0.09
c. P(10 <=x <=12) = 0.33
d. P(10 <=x <=12) = 0.15
Question 19
Complete 
Select one:
a. 43
b. 34
c. 39
d. 15
Question 20
Complete
Select one:
d. Summary table
Question 21
Complete

Select one:
a. 3
b. 4
c. 3.5
d. 2.7
Question 22
Complete
Select one:
a. 9
b. 6
c. 15
d. 12
Question 23
Complete 
Select one:
a. 0.65
b. 0.67
c. 0.56
d. 0.7
Question 24
Complete
Select one:
a. 0.22
b. 0.25
c. 0.11
d. 0.18
Question 25
Complete

Select one:
a. Standard deviation of sampling distribution of mean increases with increase in sample size.
d. sampling distribution of mean becomes positively skewed with increase in sample size.
Question 26
Complete
Select one:
c. Summary table
Question 27

Complete
Select one:
a. None of these
Question 28
Complete
Select one:
a. None of these
b. 0.22
c. 0.03
d. 0.11
Question 29
Complete

Select one:
a. 0.29
b. 0.34
c. 0.41
d. 0.37
Question 30
Complete
Select one:
a. 30
b. 60
c. 58
d. 50

 

State Finished
Grade 9.50 out of 15.00 (63%)
Question 1
Complete
100 is known as the
Select one:
b. Paasche index 
d. Price relative
Question 2
Complete
Select one:
Question 3
Complete 
Select one:
a. -2.33 and 2.33
b. -2.58 and 2.58
c. -1.28 and 1.28
d. -1.96 and 1.96
Question 4
Complete
Select one:
b. (price in period t + base period price)(100)
c. (price in period t/base period price)(100)
d. (base period price/price in period t)(100)
Question 5
Complete 
Select one:
Question 6
Complete
Select one:
a. daily demand
b. none of these
c. variable lead time
d. both daily demand and variable lead time
Question 7
Complete
Select one:

Question 8
Complete
Select one:
a. Laspeyres
b. weight index
c. Quantity index
d. Paasche
Question 9
Complete 
Select one:
Question 10
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 11
Complete
Select one:
a. none of these
b. reorder points
d. order quantity
Question 12
Complete 
Select one:
a. there is huge cost involved
d. project is risky
Question 13
Complete
Select one:
a. 4
b. 5
c. 6
d. 3
Question 14
Complete 
Select one:
a. base
b. shortest
c. final
d. current
Question 15
Complete
Select one:
Question 16
Complete 
Select one:
a. m1≥m2
b. m1≠m2
c. m1=m2
d. m1≤m2
Question 17
Complete
Select one:
a. m1>m2
b. m1≤m2
c. m1≥m2
d. m1<m2
Question 18
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:

Question 19
Complete
Select one:
a. Monte carlo
b. stochastic
c. deterministic
d. continuous
Question 20
Complete 
Select one:
a. 1.28
b. -2.58
c. 2.33
d. -1.96
Question 21
Complete
Select one:
a. -1.96 and 1.96
b. -2.33 and 2.33
c. -2.58 and 2.58
d. -1.28 and 1.28
Question 22
Complete

Select one:
a. m1<m2
b. m1≤m2
c. m1>m2
d. m1≥m2
Question 23
Complete
Select one:
a. Level of significance
b. Sample size
d. Type of error
Question 24
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.

Question 25
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

Question 26
Complete
Select one:
b. none of these
c. to achieve goal
Question 27
Complete 
Select one:
a. a weighted aggregate price index where the weight for each item is its last-period quantity.
b. an index that is designed to measure changes in quantities over time.
Question 28
Complete
is known as the
Select one:
a. Paasche Index
d. Laspeyres Index
Question 29
Complete

Select one:
a. -1.28 and 1.28
b. -2.33 and 2.33
c. -1.96 and 1.96
d. -2.58 and 2.58
Question 30
Complete
Select one:
a. Laspeyres
b. aggregate
c. Paasche
d. simple

 

State Finished
Grade 13.50 out of 15.00 (90%)
Question 1
Complete
Select one:
a. -2.58

b. 2.33
c. 1.28
d. -1.96
Question 2
Complete
Select one:
D. Null and alternative hypotheses not collectively exhaustive. 
Question 3
Complete
100 is known as the
Select one:
a. Price relative
d. Paasche index
Question 4
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:
D. Null and alternative hypotheses not collectively exhaustive 
Question 5
Complete
Select one:
a. m1≠m2
b. m1≤m2
c. m1≥m2
d. m1=m2
Question 6

Complete
Select one:
a. Laspeyres
b. Paasche
c. aggregate 
d. simple
Question 7
Complete
Select one:
a. 3
b. 4
c. 5
d. 6
Question 8
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
Question 9
Complete
Select one:
a. -2.33 and 2.33
b. -1.96 and 1.96
c. -1.28 and 1.28
d. -2.58 and 2.58
Question 10

Complete
Select one:
a. final
b. current
c. base 
d. shortest
Question 11
Complete
Select one:
a. weight index
b. Paasche
c. Laspeyres
d. Quantity index
Question 12
Complete

is known as the
Select one:
a. Paasche Index
b. Laspeyres Index

Question 13
Complete
Select one:
a. continuous
b. Monte carlo
c. deterministic
d. stochastic
Question 14
Complete

Select one:
a. project is risky
Question 15
Complete
Select one:
a. m1>m2
b. m1≥m2
c. m1<m2
d. m1≤m2
Question 16
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:
Question 17
Complete
Select one:
a. -2.58 and 2.58
b. -2.33 and 2.33
c. -1.96 and 1.96
d. -1.28 and 1.28
Question 18

Complete
Select one:

Question 19
Complete
Select one:
b. service times
Question 20
Complete

Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.33 and 2.33

d. -2.58 and 2.58
Question 21
Complete
Select one:
Question 22
Complete

Select one:
a. Sample size
b. Type of error
d. Null and alternate hypothesis 
Question 23
Complete
Select one:
a. m1<m2
b. m1≥m2
c. m1≤m2
d. m1>m2
Question 24

Complete
Select one:

Question 25
Complete
Select one:
c. percentage comparisons cannot be made to the base year.
Question 26
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
D. Null and alternative hypotheses cannot be tested 
E.
Question 27
Complete
Select one:
a. to achieve goal
b. none of these
Question 28
Complete

Select one:
a. m1≠m2
b. m1≤m2
c. m1≥m2

d. m1=m2
Question 29
Complete
Select one:
Question 30
Complete

Select one:
d. (price in period t + base period price)(100) 
 
Started on Sunday, 29 August 2021, 12:47 AM

State Finished
Completed on Sunday, 29 August 2021, 1:35 AM
Grade 10.00 out of 15.00 (67%)
Question 1
Complete
Select one:
a. stochastic 
b. continuous
c. Monte carlo
d. deterministic
Question 2
Complete
Select one:
Question 3
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:

Question 4
Complete
Select one:
Question 5

Complete
Select one:
c. it is difficult to compute
Question 6
Complete
Select one:
Question 7

Complete
Select one:
a. Null and alternate hypothesis
b. Level of significance
c. Sample size
d. Type of error
Question 8
Complete
Select one:
a. daily demand
c. none of these
Question 9
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 10
Complete
Select one:
a. Paasche
b. simple
c. aggregate
d. Laspeyres

Question 11
Complete
Select one:
a. m1≥m2
b. m1≤m2
c. m1=m2
d. m1≠m2
Question 12
Complete
is known as the
Select one:
b. Paasche Index
c. Laspeyres Index

Question 13
Complete
Select one:
a. m1<m2
b. m1≥m2
c. m1>m2
d. m1≤m2
Question 14
Complete
Select one:
a. Paasche
b. Quantity index
c. Laspeyres
d. weight index
Question 15

Complete
Select one:
a. -1.28 and 1.28
b. -1.96 and 1.96
c. -2.58 and 2.58
d. -2.33 and 2.33
Question 16
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

E.
Question 17
Complete
Select one:
a. m1≤m2
b. m1<m2
c. m1>m2
d. m1≥m2

Question 18
Complete
Select one:
d. (price in period t + base period price)(100)
Question 19
Complete
Select one:
a. order quantity
b. reorder points
c. none of these
d. both order quantity and reorder points
Question 20

Complete
Select one:
a. shortest
b. current
c. final
d. base
Question 21
Complete
Select one:
a. -1.28 and 1.28
b. -2.58 and 2.58
c. -2.33 and 2.33
d. -1.96 and 1.96

Question 22
Complete
Select one:
a. -1.96 and 1.96
b. -1.28 and 1.28
c. -2.33 and 2.33
d. -2.58 and 2.58
Question 23
Complete
Select one:
d. service times
Question 24

Complete
Select one:
Question 25
Complete
Select one:
a. 5
b. 3
c. 4
d. 6
Question 26
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

Question 27
Complete
Select one:
a. 2.33
b. 1.28
c. -1.96
d. -2.58

Question 28
Complete
100 is known as the
Select one:
c. Price relative
d. Paasche index
Question 29
Complete
Select one:
a. none of these
b. to achieve goal
c. to answer what if questions
Question 30

Complete
Select one:
b. there is huge cost involved
c. project is risky
 
Started on Saturday, 28 August 2021, 11:47 PM

State Finished
Completed on Sunday, 29 August 2021, 12:34 AM
Grade 11.00 out of 15.00 (73%)
Question 1
Complete
Select one:
a. standard error of the mean become equal to sample mean 
Question 2
Complete
Select one:
a. 0.31
b. 0.36
c. 0.33
d. 0.4

Question 3
Complete
Select one:
a. 88
b. 93
c. 86
d. 80
Question 4
Complete
Select one:
c. The client always prefers primary data
d. Primary Data is always collected by qualified professionals
Question 5

Complete
Select one:
a. sampling distribution of mean becomes negatively skewed with increase in sample size.
b. Standard deviation of sampling distribution of mean increases with increase in sample size.
c. sampling distribution of mean becomes positively skewed with increase in sample size.
Question 6
Complete
Select one:
c. Trials are independent of each other.
Question 7

Complete
Select one:
a. P(x £ 8) = 0.06
b. P(x £ 8) = 0.08
c. P(x £ 8) = 0.00
d. P(x £ 8) = 0.15
Question 8
Complete
Select one:
a. 0.3
b. 0.08
c. 0.2
d. 0.02
Question 9

Complete
Select one:
a. 0.22
b. 0.18
c. 0.25
d. 0.11
Question 10
Complete
Select one:
a. Subjective Probability
d. None of these

Question 11
Complete
Select one:
a. Subjective Probability
b. None of these
Question 12
Complete
Select one:
a. None of these
b. 0.11
c. 0.03
d. 0.22

Question 13
Complete
Select one:
a. discrete
b. binomial
c. poisson
d. none
Question 14
Complete
Select one:
a. 1.73
b. 1.53
c. 6
d. 1.33
Question 15

Complete
Select one:
a. 0.37
b. 0.41
c. 0.29
d. 0.34
Question 16
Complete
Select one:
b. the probability of success remains constant from trial to trial, and the random variable of interest is continuous
variable of interest is discrete 
Question 17
Complete
Select one:
a. 2.7
b. 4
c. 3
d. 3.5
Question 18
Complete
Select one:
a. 12
b. 9
c. 15
d. 6
Question 19

Complete
Select one:
a. Continuous Data
b. None of these
c. Categorical Data
d. Both of these
Question 20
Complete
Select one:
a. 64
b. 60
c. 51
d. 31

Question 21
Complete
Select one:
a. 15
b. 39
c. 43
d. 34
Question 22
Complete
Select one:
d. Population standard deviation divided by sample mean
Question 23

Complete
Select one:
a. 4
b. 3
c. 5
d. 3.5
Question 24
Complete
Select one:
a. Continuous probability distribution
Question 25

Complete
Select one:
a. 6
b. 1.897
c. 3.6
d. 9
Question 26
Complete
Select one:
a. 4.5
b. 7
c. 5.2
d. 4
Question 27

Complete
Select one:
d. Summary table
Question 28
Complete
means that:
Select one:
a. Probability of getting exactly four successes in six trials.
c. Probability of getting four or more successes in seven trials.

Question 29
Complete
Select one:
b. Summary table
Question 30
Complete
Select one:
a. 49 to 1
b. 0.05
c. 50 to 1
d. 0.01

 
State Finished
Grade 14.50 out of 15.00 (97%)
Question 1
Complete
Flag question
Question text
Select one:
d. Continuous probability distribution
Question 2
Complete
Flag question
Question text
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:
d. None of these
Question 3
Complete
Flag question
Question text
Select one:
a. None of these
d. Random sampling
Question 4
Complete
Flag question
Question text
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) = 0.08
b. P(x £ 8) = 0.06
c. P(x £ 8) = 0.15
d. P(x £ 8) = 0.00
Question 5
Complete
Flag question
Question text
Select a statement which is true for distribution of the sample mean follows normal
distribution.
Select one:
a. Distribution of sample mean remains the same as distribution of population of its origin.
b. Irrespective of distribution of population of selected random sample.
c. Only if sample is selected from normal distribution
Question 6
Complete
Flag question
Question text
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. binomial
b. discrete
c. poisson
d. none
Question 7
Complete
Flag question
Question text
Select one:
a. 30
b. 20
c. 50
d. 100
Question 8
Complete
Flag question
Question text
Select one:
a. At least one
c. Is dependent upon the population size
d. Should comprise at least half of the population
Question 9
Complete
Flag question
Question text
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.
Select one:
a. None of these
b. 0.22
c. 0.03
d. 0.11
Question 10
Complete
Flag question
Question text
What is the standard deviation of distribution of x, when it is uniformly distributed and lies
between the interval 9 to 15?
Select one:
a. 1.53
b. 6
c. 1.73
d. 1.33
Question 11
Complete
Flag question
Question text
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. both binomail and poisson
b. binomial
c. Poisson
Question 12
Complete
Flag question
Question text
Select one:
b. It is a left skewed binomial distribution.
c. It is a right skewed binomial distribution.
d. The exponential distribution is a worst approximation.
Question 13
Complete
Flag question
Question text
Select one:
a. 9
b. 6
c. 1.897
d. 3.6
Question 14
Complete
Flag question
Question text
Suppose sample of size of 36 is drawn from a population with a mean of 60 and standard
deviation 12. What is standard deviation of sample means?
Select one:
a. 2
b. 3
c. 4
d. 6
Question 15
Complete
Flag question
Question text
Select one:
a. None of these
b. Both of these
c. Categorical Data
d. Continuous Data
Question 16
Complete
Flag question
Question text
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. 3.5
b. 2.7
c. 3
d. 4
Question 17
Complete
Flag question
Question text
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
Question 18
Complete
Flag question
Question text
Select one:
a. Mean and Mode
b. Mean,Median and Mode
c. Mean and Median
d. Median and Mode
Question 19
Complete
Flag question
Question text
Select one statement which matches with given situation. Suppose p = 0.3, if binomial
expression appears as ((6!)/(3!X3!))((0.3)^3)((0.7)^3) means that:
Select one:
a. Probability of getting four or more successes in seven trials.
b. Probability of getting exactly four successes in six trials.
c. Probability of getting exactly three successes in six trials.
Question 20
Complete
Flag question
Question text
In a class, 40 students scored between 90 and 100, forty five between 80 and 90 and
sixteen between 70 and 80. The mode of the distribution is approximately equal to:
Select one:
a. 86
b. 80
c. 93
d. 88
Question 21
Complete
Flag question
Question text
Select one:
a. Population standard deviation divided by sample mean
b. Population variance divided by sample size
Question 22
Complete
Flag question
Question text
Select one:
a. Equal to Mean
b. More than the Mean
c. Greater than Median
d. Less than Median
Question 23
Complete
Flag question
Question text
A total of 50 raffle tickets are sold for a contest to win a car. If you purchase one ticket, what
are your odds against winning?
Select one:
a. 0.01
b. 49 to 1
c. 50 to 1
d. 0.05
Question 24
Complete
Flag question
Question text
Select one:
b. Analysing the entire population is cumbersome
d. All of these
Question 25
Complete
Flag question
Question text
Select one:
a. coin tossing
b. drawing balls from an urn
c. counting defects on an item.
d. measuring the length of an item
Question 26
Complete
Flag question
Question text
Select one:
a. An electronic device may be used
c. An unstructured questionnaire is administered
Question 27
Complete
Flag question
Question text
Select one:
b. The probability of success remains constant from trial to trial.
c. Each trial results in one of two mutually exclusive outcomes.
Question 28
Complete
Flag question
Question text
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.
Select one:
a. 0.36
b. 0.4
c. 0.31
d. 0.33
Question 29
Complete
Flag question
Question text
Select one:
a. standard error of the mean become equal to sample mean
Question 30
Complete
Flag question
Question text
Select one:
a. the probability of success remains constant from trial to trial, and the random variable of
interest is continuous
b. 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.
c. 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.
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
Started on Friday, 27 August 2021, 11:36 PM

State Finished
Completed on Friday, 27 August 2021, 11:47 PM
Grade 10.50 out of 15.00 (70%)
Question 1
Complete
Select one:
a. 30
b. 100

c. 50
d. 20
Question 2
Complete
Select one:
a. 0.37
b. 0.41
c. 0.29
d. 0.34

Question 3
Complete
Select one:
a. Continuous Data
b. Both of these
c. Categorical Data 
d. None of these
Question 4
Complete
Select one:
b. Mean and Mode
c. Mean and Median
d. Median and Mode
Question 5 
Complete
Select one:
a. Probabilistic sampling
c. None of these
d. Random sampling 
Question 6
Complete
Select one:
a. 0.01
b. 50 to 1
c. 0.05
d. 49 to 1
Question 7 
Complete
Select one:
c. The exponential distribution is a worst approximation.
d. It is a left skewed binomial distribution. 
Question 8
Complete
Select one:
a. Population variance divided by sample mean
d. Population variance divided by sample size
Question 9 
Complete
Select one:
c. Summary table

Question 10
Complete
Select one:
a. binomial
b. Poisson
c. both binomail and poisson
Question 11

Complete
Select one:
a. 60
b. 30
c. 50 
d. 58
Question 12
Complete
Select one:
a. 80
b. 88
c. 93
d. 86
Question 13

Complete
Select one:
a. The administrator sits face-to-face with the interviewee
b. An electronic device may be used
c. A structured questionnaire is administered

d. An unstructured questionnaire is administered
Question 14
Complete
Select one:
b. All of these
d. Analysing the entire population is cumbersome
Question 15 
Complete
Select one:
c. Population distribution needs to be a continuous distribution
d. Only if sample is selected from normal distribution 
Question 16
Complete
Select one:
a. Sum of all the variables divided by 3
c. Zero
d. Square root of Variance
Question 17 
Complete
Select one:
a. 6
b. 9
c. 3.6
d. 1.897 
Question 18
Complete
Select one:
d. The client always prefers primary data
Question 19 
Complete
Select one:
a. P(10 <=x <=12) = 0.06
b. P(10 <=x <=12) = 0.33
c. P(10 <=x <=12) = 0.09
d. P(10 <=x <=12) = 0.15 
Question 20
Complete
Select one:
c. Continuous probability distribution
d. Standard normal distribution
Question 21 
Complete
Select one:
c. Summary table 
Question 22
Complete
means that:
Select one:
a. Probability of getting three or more successes in seven trials.
c. Probability of getting exactly four successes in six trials.
d. Probability of getting four or more successes in seven trials.
Question 23

Complete
Select one:
a. 5.2
b. 4.5
c. 4

d. 7
Question 24
Complete
Select one:
a. None of these
Question 25

Complete
Select one:
b. Sampling is with replacement.

d. Each trial results in one of two mutually exclusive outcomes.
Question 26
Complete
Select one:

Question 27
Complete
Select one:
a. 43
b. 15 
c. 34
d. 39
Question 28
Complete
Select one:
a. 0.65
b. 0.56
c. 0.67
d. 0.7
Question 29

Complete
Select one:
a. 1.73
b. 1.53
c. 6

d. 1.33
Question 30
Complete
Select one:
b. At least one

 
Started on Thursday, 2 September 2021, 3:36 PM

State Finished
Completed on Thursday, 2 September 2021, 4:00 PM
Grade 10.50 out of 15.00 (70%)
Question 1
Complete
Select one:
a. none of these
b. to achieve goal

Question 2
Complete
Select one:

Question 3
Complete
sample (from population 2) whether, both come from two di erent population or same population, null hypothesis can be framed as;
Select one:
a. m1≤m2
b. m1>m2
c. m1≥m2
d. m1<m2
Question 4
Complete

Select one:
a. order quantity
b. reorder points
d. none of these
Question 5
Complete
Select one:
a. Monte carlo
b. continuous
c. deterministic
d. stochastic
Question 6
Complete
Ho: µ = 10
Ha: μ ≠ 10
Select one:

Question 7
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:

Question 8
Complete
Select one:
a. Paasche
b. aggregate
c. Laspeyres
d. simple
Question 9
Complete

In hypothesis testing, comparison of means of two random samples is conducted whether, both come from two di erent population or
Select one:
a. -1.28 and 1.28
b. -2.58 and 2.58
c. -1.96 and 1.96
d. -2.33 and 2.33
Question 10
Complete
sample (from population 2) whether, both come from two di erent population or same population. Suppose standard deviation σ1 and σ2
Select one:
a. 2.33
b. 1.28
c. -1.96
d. -2.58
Question 11

Complete
Select one:
d. Null hypothesis is always true
Question 12
Complete
Select one:
a. a weighted aggregate price index where the weight for each item is its current-period quantity.
Question 13
Complete
Ho: µ≤ 11
Ha: μ > 10
Select one:

Question 14
Complete
In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two di erent population or same,
Select one:
a. m1≥m2
b. m1=m2
c. m1≠m2
d. m1≤m2
Question 15
Complete

Select one:
a. both daily demand and variable lead time
c. daily demand
d. none of these
Question 16
Complete
Select one:
Question 17
Complete 
Select one:
a. project is risky
d. project is very complicated
Question 18
Complete
Select one:
a. -2.58 and 2.58
b. -1.96 and 1.96
c. -2.33 and 2.33
d. -1.28 and 1.28
Question 19
Complete

Select one:
d. it is di cult to compute
Question 20
Complete
Select one:
Question 21
Complete 
Select one:
a. -2.58 and 2.58
b. -2.33 and 2.33
c. -1.96 and 1.96
d. -1.28 and 1.28
Question 22
Complete
is known as the
Select one:
b. Paasche Index
c. Laspeyres Index
Question 23
Complete

Select one:
c. the routine should have su ciently long cycle
Question 24
Complete
Select one:
a. shortest
b. current
c. nal
d. base
Question 25
Complete

sample (from population 2) whether, both come from two di erent population or same population, alternate hypothesis can be framed as;
Select one:
a. m1≥m2
b. m1>m2
c. m1<m2
d. m1≤m2
Question 26
Complete
Select one:
a. Paasche
b. Laspeyres
c. weight index
d. Quantity index
Question 27
Complete 
In hypothesis testing, to conduct comparison of means of two random samples whether, both come from two di erent population or same,
Select one:
a. m1≤m2
b. m1=m2
c. m1≠m2
d. m1≥m2
Question 28
Complete
Ho: µ≤ 10
Ha: μ > 10
Select one:
E.

Question 29
Complete
Select one:
a. service times
b. times between failures
Question 30
Complete 
100 is known as the
Select one:
a. Paasche index
c. Price relative
d. Consumer price index
 

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9/11/21, 5:47 PM Assignment - 2: Attempt review

Started on Saturday, 11 September 2021, 5:24 PM

Mark 0.50 out of 0.50

Select a statement which holds true.

Static simulation is generally referred as

Consumer Price Index is

Monte Carlo simulation can be applied to which models

Select a statement which holds true.

Simulation is used when

Select statement which holds true for a statistical hypothesis;

Select a statement which holds true.

The controllable inputs in simulation are

Number of steps required in Monte Carlo simulation

The greatest strength of simulation is

In hypothesis testing we need to define first;

The important characteristics of random numbers is

Ho: sample mean ≤ 150

Ha: sample mean > 150

Select a statement which holds true.

Select a statement which holds true.

A major drawback of the aggregate price index is that

In hypothesis testing, what is the assumption about null hypothesis?

The uncontrollable inputs in simulation are

Started on Friday, 17 September 2021, 6:11 PM

Mark 0.50 out of 0.50

In hypothesis testing, what is the assumption about null hypothesis?

Select a statement which holds true.

Ho: sample mean ≤ 150

Ha: sample mean > 150

Select a statement which holds true.

The uncontrollable inputs in simulation are

Static simulation is generally referred as

Select a statement which holds true.

The price relative is a price index that is determined by

Select statement which holds true for a statistical hypothesis;

Number of steps required in Monte Carlo simulation

Select a statement which holds true.

Monte Carlo simulation can be applied to which models

The controllable inputs in simulation are

The greatest strength of simulation is

Select a statement which holds true.

The important characteristics of random numbers is

A major drawback of the aggregate price index is that

In hypothesis testing we need to define first;

Simulation is used when

Started on Saturday, 4 September 2021, 6:09 PM

Mark 0.00 out of 0.50

The variability of a data set is equal to:

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

Mode is best applied on

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

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

In the observation method

The binomial distribution is characterized by situations that are analogous to

Started on Friday, 10 September 2021, 4:16 PM

Mark 0.50 out of 0.50

Ho: sample mean ≤ 150

Ha: sample mean > 150

Select a statement which holds true.

Select a statement which holds true.

Number of steps required in Monte Carlo simulation

Select a statement which holds true.

Static simulation is generally referred as

Simulation is used when