You are on page 1of 14

# 1.

Mean Squared deviation from the mean is .. Variance It data is measured in cms, unit of measurement of standard deviation will be cms Events that can not happen together are called mutually exclusive Poisson distribution is : (a) Continuous (b) Discrete None of the above - discrete. If a frequency distribution can be divided into two equal parts that are mirror images, it is called . Mean of Poisson distribution is 16 its variance is : (a) 3 (b) 81 256 (d) 16 ans 16. If a coin is tossed five times, total number of possible outcome is . 10 Standard deviation is zero when . All the values are

2.

3.

4.

5.

6.

7.

8.

equal.
9.

In case of Binomial distribution mean = 80 and standard deviation = 4, then n = ., p = n= 100 and p = 4/5 For a normal distribution three Sigma limits from the mean covers % of population. 99.7% What is the probability that a value chosen at random from a particular population is greater than population median ? (a) 0.25 (b) 0.50 1.0 ans 0.50 Among the 5000 invoices prepared, 800 were found to contain errors while others do not. If we randomly select two invoices, probability that both will contain errors is : (a) 0.84 ( b) 0.16 0.0256 (d) 0.32 ans: c In the above problem, the probability that only second invoice selected will have error is .. 0.1344 In problem No. 12, the probability that only one of the two invoices will have an error is

10.

11.

12.

13.

14.

15.

If the average life of a component is 1.5 years with standard deviation of 3 months, the percentage of components that will fail within first 1.5 years of life is assuming life that life follows normal distribution, (a) 75% (b) 50% 25% (d) 100% Dividing data points into smaller classes and counting the number of observation in each class gives us .. If average number of accidents, per day is 4, then % of days having zero accidents is : Standard deviation of -25, -22, -13, -44 will be : (a) positive (b) negative zero Probability is a measure of Certainty (b) Uncertainty Chance (d) None of these In a lot containing 10% defective bulbs, two bulbs are chosen at random. The probability that both of them are good is : (a) 0.9 (b) 0.81 0.09 (d) 0.01

16.

17.

18.

19.

20.

21.

Mean number of defects per item is 1. The probability of getting at least one defect per item is : (a) 0.736 (b) 0.632 0.700 (d) 0.800 In the case of normal distribution Mean 2 S.D. covers a percentage about (a) 95 (b) 98 68 (d) 99.7

22.

23.

Two investments , X and Y have : E( X ) = \$ 60 , E( Y ) = \$ 100, S. D. ( X ) = 95 and S. D. ( Y ) = 120 and Cov. ( X, Y ) = 7500. If the weight of the portfolio assets assigned to investment X is 0.4, compute the portfolio expected return = and portfolio risk. =

The number of defective apples in ten recent boxes of 200 apples each were as follows: 4, 3, 0, 0, 1, 20, 4, 2, 0. Answer next three questions based on this data; 24 Average number of defective apples per box is -------------------------.
4

25 The probability that an apple selected from a box is bad is ---------26 The median number of defective apples per lot is -------------27. A border patrol check post which stops every truck is utilising : (a) simple random sampling (b) Systematic sampling stratified sampling (d) complete enumeration. 28. When the items included in a sample are based on the judgement of the individual conducting the sample, the sample is said to be - . 29. A sampling plan that selects elements from a population at uniform interval is called 30. State if the following statements are true or false :

( i ) The probability that it will rain today is 0.65 and probability that it will rain or snow is 0.50 . ( ii ) A random variable has uniform distribution between 5 and 10, its mean is 7. (iii ) For a normal distribution mean, mode, median are same

31 For a set of data on age ( in years ) of employees , we find Mean = 35 , Median = 31 , mode = 27 and Standard deviation = 5

What will be the corresponding values after 5 years ( assuming all survive ) Mean = Mode = SD 32. Mean of a data set is a measure of ( a) spread ( b ) scatter
6

Median =

( c ) location ..

## 33. If V( X) = 12 and V( Y ) = 3 , and X and Y are independent ,then V( 2X 4 Y ) =

34 . Probability distribution of Rating of a song ( X ) by a randomly selected group is given Rating % 0f listeners -----------------------------------1 7 2 10 3 20 4 5 43 ---------------------------------------Obtain Expected rating of the song and the variance

## 35 If V( X + 5 ) = 10 , then V( -3X + 150 ) =

27 Which of the following is an example of a relative measure of dispersion : (a) standard deviation (b) coefficient of variation variation (d) Mean

## 28 Skewness is a measure of (a) central tendency (b) peakness lack of symmetry

29 In a positively skewed distribution, relationship between Mean, Mode and Median is .. 30 Give an example of distribution that is positively skewed. 30. Rejecting a correct hypothesis is called : (a) Type II error (b) Type I error In correct decision (d) None of the above 31 Rejecting false hypothesis is called : (a) Type I error (b) In correct decision Type II error (d) None of the above 32 Higher the level of significance, confidence level becomes (a) Same (b) Less More (d) None of the above

33 A null hypothesis is a statement about (a) Sample (b) Population and Sample Population parameter (d) None of the above 34 The critical value is 1.64. The observed value of a test statistic is 1.72. The decision is (a) to reject
10

null hypothesis (b) to reject alternate hypothesis to accept alternate hypothesis (d) None of the above

35 Suppose while testing for a specified mean with sigma known, the null hypothesis and alternate hypothesis are stated as : H > 5.2 and H > 5.4 (a) we can test H against H (b) we can not test H against H we can test H against H under certain conditions (d) None of the above 36 Through test of hypothesis, we judge if the observed deviation from expected results is : a) large (b) small due to chance fluctuation (d) none 37 The test used for significance of mean is (a) F test (b) t test Chi-square test (d) none of the above 38 Which of the following can not be null hypothesis : (a) population means are equal (b) population mean is 50 sample mean are equal (d) difference in population means equals 3.

11

39. In a t-test the level of significance = 0.05, this means (a) 5% of the time we say there is no difference when there is real difference (b) 5% of the time we will make correct inference 5% of the time we say there is a real difference when there is no difference. (d) 95% of the time we will make incorrect inference. 40. Degrees of freedom associated with 10 observation is ------------

39 A border patrol check post which stops every truck is utilising : (a) simple random sampling (b) Systematic sampling stratified sampling (d) complete enumeration

12

40 When the items included in a sample are based on the judgement of the individual conducting the sample, the sample is said to be - . 41 A sampling plan that selects elements from a population at uniform interval is called

13

1. If the regression of Y and X gives a negative value of slope, it implies that .. 2. Least square criterion aims at minimizing : (a) the sum of errors (b) the sum of squares of errors (c) the sum of absolute value of errors (d) none 3. In regression analysis, if the value of R2 = 0.90, it implies that 4. The correlation coefficient between two variables X and Y indicates the strength of (a) relationship between X and Y (b) linear relationship between X and Y (c) direct relationship between X and Y (d) none 5. The slope of the fitted line in simple regression analysis is 5 and predicted value of Y is 50 for X = 6. What will be predicted value of Y when X = 14. (a) 70 (b) 90 (c) 68 (d) none 6. In a contingency table with 6 rows and 4 columns the degrees of freedom for testing independence is: (a) 24 (b) 18 (c) 15 (d) 20 7. In multiple regression model based on 20 observations and two independent variables, the degree of freedom associated with error component is (a) 18 (b) 19 (c) 17 (d) 6 8. In analysis of variance (ANOVA) the null hypothesis being tested is (a) Equality of population variances (b) Equality of population (c) Equality of population means and population variance both (d) none of these

14