9/4/21, 6:54 PM Assignment - 1: Attempt review

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

State Finished
Completed on Saturday, 4 September 2021, 6:53 PM
Time taken 43 mins 34 secs
Grade 14.50 out of 15.00 (97%)

Question 1
Complete

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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 

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Question 2
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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
variable of interest is continuous.

Question 3
Complete

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Mode is best applied on

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

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Question 4
Complete
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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
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
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 

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Question 6
Complete
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Suppose binomial distribution with n fixed, if p > 0.5, then:

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

Question 7
Complete
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
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 

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Question 8
Complete
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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
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
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.

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Question 10
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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
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
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

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Question 12
Complete
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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
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
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 

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Question 14
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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
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
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

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Question 16
Complete
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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
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
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 

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Question 18
Complete
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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
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
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

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Question 20
Complete
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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
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
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

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Question 22
Complete
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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
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
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

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Question 24
Complete
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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
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
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

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Question 26
Complete
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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
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
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

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Question 28
Complete
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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
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
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 

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Question 30
Complete
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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

 


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