51 In the Data-Set 1,2,5,7,9,2 by changing the 3rd vaiable to 6

50 I have 4 areas where I wish to conduct a Market Survey and wish to ensure all
income groups are equally represented. However, I wish to draw samples at
random from within the various groups. I will conduct a Ans- Neither of them

49 The intersection of two mutually exclusive events ANS- must always be equal
to 0

48 In hypothesis testing, the tentative assumption about the population

parameter is Ans-the null hypothesis

47 in a cumulative frequency distribution, the last class will always have a

cumulative frequency equal to – Ans- total number of elements in data set

1 Which of these is true: Ans – mean is always less than the median

5 if null hypothesis is; u < 70, then the last test will be

6 the level of significance

7 in hypothesis testing, when calculated statistic cross the specified threshold and
null hypothesis get rejected. Region before threshold is known as

45 Select a statement, which is true for standard normal variate: ANs – Standard
normal distribution has mean is actual to 0 and the variance is equal to 1

42 Values of three quartiles from a given data is given as, first quartile=5, second
quartile=10, third quartile=20, what will be the median for this data?

41 In a cumulative relative frequency distribution, the last class will have a

cumulative relative frequency equal to Ans- One

40 A cumulative relative frequency distribution shows: Ans the proportion of data

items with values less than or equal to the upper limit of each class. A or C

53 A normal distribution with a mean of 0 and a standard deviation of 1 is called

Ans- a standard normal distribution

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 37 Using a goodness-of-fit test, we can assess whether a set of obtained
frequencies differ from a set of ____a. expected_____ frequencies

36 According to a survey of adults, 64 percent have money I a bank savings

account. If we were to survey 50 randomly selected adults, find the mean number
of adults who would have bank savings accounts.

32 Which among the following is not true about coefficient of correlation? Ans- It
can have a value quail to Zero.

54 Chi-square test statistics is equal to the squared difference between- Ans-

Both of these

46 The numerical value of the standard deviation can never be – Ans- smaller
than the variance

50 Which statement is true for normal curve? Ans-Area under the normal curve
is…….of variation.

51 Poisson distribution is applied for ____ (Ans. Continuous Random Variable)

52 Probability of hitting a target by shooter is 0.7.A probability distribution is

obtained for the number of times of hitting the target in 10 attempts by the
shooter. What will be the mean of the distribution? Ans-0.4

33 The Data-set 12,13,27,18,32,is : ans- non of these

37 The intersection of two manually exclusive events

45 The level of significance in hypothesis testing is the probability of. Ans - None
of these alternatives is correct.
22 If random variable x is normally distributed with mean 20 and standard
deviation 10, then for what value of x, z score is -2.5. Ans-45

23 In a simple random sample

24 A type II error occurs when we . Ans- a. reject a false null hypothesis

31 The sum of the relative frequencies for all classes will always equal (Ans. One)

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 18 The additional law in potentially helpful when we are interested in computing
the probability of (Ans. Independent events)

19 As the number of degrees of freedom for a t distribution increases, the

difference between the t distribution and the standard normal distribution (Ans.
Becomes smaller)

20 The Poisson probability distribution is a

21 While studying the heights of a particular population group, I encounter a 7

feet tall person. He will be called a (Ans. A rare person)

11 continuous random variable may assume

16 What type of data do you need for a chi-square test?- Ans- Categorical order

5 A simple random sample of 100 observations was taken from a large

population. The sample mean and the standard deviation where determined to
be 80 and 12 respectively. The standard error of the mean is . Ans-1.2

1 A test has been used to check that average salary of Engineers, Managers, and
CA differ significantly. What test it could be?

13 Statistical inference

14 A and B are manually exclusive and collectively exhaustive events. Probability

of A is 0.60. Probability of B is . ANs- c. Between 0 and 1

11 Firms in oligopoly know through their experience that price war benefits only -
------------------------.

12 Which of the following is NOT a cause of inflation?

16 From 180 students of a PCDM program, 30 opt HR, 50 opt marketing, 60 opt
finance, rest of the students opt Oprerations. What will be the angle
corresponding to Operations, if this data is presented in Pre chart?

19 you need to produce a graphic for your employees the depicts the process of
handling customer service complaints. Which would be your best choice?

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 20 cluster sampling is

21 the mean of a sample Ans- is computed by summing all the data value and
dividing the sum by the number of items

27 The 10 supplies Company buys calculator for a non-US supplier. The probability
of a defective calculator is 10 percent. If 100 calculators are selected at random,
what is the standard deviation of the number of defectives.

59. A statement made about a population for testing purpose is called? Ans-
Hypothesis

62. The variance is a measure of dispersion or variability of a random variable. is it

a weighted average of the

66. a company wishes to determine the top 20 distributors of a particular

product. He would have to construct a Ans- Pie Chart

61. a bag contains 4 red and 6 blue balls, 3 balls are drawn at random. find the
probability that all are red – Ans- 0.3

57. a test has been used to check the association between gender and profession.
What test it could be?

58. qualitative data can be graphically represented by using a(n). Ans-Bar Graph

54. techniques help uncover relationships between variables. Ans-Regression

Analysis

55. cluster sampling is … Ans- a probability sampling method

53. Values for the probabilistic inputs to a simulation- Ans- are randomly
generated based on historical information

51. if null hypothesis is: µ=100, then the test will be

50. in a regression analysis the variable that is being predicted – Ans- is the
dependent variable

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 52. the ages in an old age home are as follows: 65, 66, 67, 63, 68, 69, 70, 88, 91,
73, 64, 71. the mode of ages in this home is?

48. the most common graphical presentation of quantitative data is a. Ans-

Histrogram

49. which of the following provides a measure of Central location for the desk.
Ans- Mean

44. For A One-Tailed Hypothesis Test (Upper Tail) The P-Value Is Computed To Be
0.034. If The Test Is Being Conducted At 95% confidence, The null hypothesis.
Ans- is rejected

46 - the test has been used to check the average salary engineering manager and
CA differ significantly. What test it could be?

42. if random variable X is normally disconnected with mean 20 and standard

deviation 10, then for what value x, z score is -2.5 10

41. If my null hypothesis is 'Dutch people do not differ from English people in
height', what is my alternative hypothesis? Ans- All of the statements are
plausible alternative hypotheses.

39. in constructing a frequency distribution as the number of classes are

decreased the class width . ANs-Increases

36. an index that is designed to measure changes in quantities over time is the
Ans- index of industries

34. if the null hypothesis is false then which of the following is accepted – Ans-
Alternative hypothesis

33. if random variable X is normally distributed with mean 20 and standard

deviation 10, then z score of x =25 is ?

32. if a dice is tossed twice how many cases will give the sum of 10 Ans-3

29. if the coefficient of variation is 40% and the mean is 70 then the variance is
Ans-28

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 30. which test will you use if you have a numerical variable and related samples –
Ans- Paired t-Test

31. a tabular summary of a set of data showing the function of the total number
of items in several classes is a. Ans- relative frequency distribution

26. the numerical value of the standard deviation can never be. Ans – Negative

28. A type 1 error is occurs when we . ANS: rejects a true null hypothesis.

23. all the interval estimation of mean when standard deviation is known and the
sample is large, the property distribution to use is . Ans- the normal distribution

24. the sum of the percent frequency of all classes will always equal . Ans- 100

25. in hypothesis testing, when calculated statistic cross the specified threshold
and null hypothesis get rejected. The specified threshold is known as. Ans- critical
Value

20. if an interval estimate is said to be considered at the 90% confidence level, the
confidence coefficient would be. Ans- 0.05

21.The sum of all the frequencies for all classes is equal . Ans- the number of
elements in a data set

17. simulation Ans-All of the alternatives are correct

18. chi-square is used to analyse . Ans-Frequency

14. In hypothesis testing if the null hypothesis has been rejected when the
alternative hypothesis has been true ANS: the correct decision has been made

15. A lottery is conducted using three urns. Each urn contains chips numbered
from 0 to 9. One chip is selected at random from each urn. The total number of
sample points in the sample space is? ANs- 1000

11. a numerical measure of linear association between two variables is the – Ans-
c. Correlation coefficient

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 13. parametric statistical test examples are. Ans-a. T-test

8. from a population which is not normally distributed and whose standard

deviation is not known a sample of 20 items. Ans-The sample size must be
increased

9. if a hypothesis is not rejected at the 5% level of significance it. Ans- C. will

sometimes be rejected at the 1% level

7. the degree of freedom for the f test in a one way anova are . Ans- b (c-1) and
(n-c)

6. A test has been used to check the association between height and weight of the
students. What test it would be? Ans- t.test

5. in a standard normal distribution the range of values of Z is from . Ans. a-

Minus infinity to Infinity

4. in case of Normal Distribution following statement is true

2. the addition law is potentially helpful when we are interested in computing the
probability of . ANs- c. the union of two events

1. The level of significance Ans c. (1 - confidence level)

1. In hypothesis testing, the hypothesis tentatively assumed to be true is Ans. the

null hypothesis

2. The level of significance is the Ans. maximum allowable probability of Type I

error

3. A Type II error is committed when Ans. a true alternative hypothesis is

mistakenly rejected

4. In hypothesis testing if the null hypothesis has been rejected when the
alternative hypothesis has been true, D. the correct decision has been made

5. When the following hypotheses are being tested at a level of significance of a

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 H0: m = 100

Ha: m < 100

The null hypothesis will be rejected if the test statistic Z is

Ans. < - Za

6. Your investment executive claims that the average yearly rate of return on the
stocks she recommends is at least 10.0%. You plan on taking a sample to test her
claim. The correct set of hypotheses is

D. H0: m = 10.0% Ha: m < 10.0%

7. The weatherman stated that the average temperature during July in

Chattanooga is 80 degrees. A sample of 32 Julys is taken. The correct set of
hypotheses is

E. none of the above

Use the following data in the next three questions

n = 16, x-bar=75.76, s=8.246 H0: m >= 80 Ha: m < 80

8. The standardized test statistic equals

A. -2.12

9. The p-value is equal to

D. 0.025

10. If the test is done at the 1% level of significance, the null hypothesis should

A. not be rejected

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