1 |
The probability distribution of a discrete random variable can be described with the help of a two |
Rows table
Column table
Circles
Curves
|
2 |
The probability density function of a continuous random variable Y is specified by a |
straight line
Rectangle
Smooth curve
Circle
|
3 |
The probability distribution of a discrete random variable is usually written with the help of a function, called its |
Formula
Variable
Random variable
Discrete variable
|
4 |
The probability distribution of a discrete random variable is usually called its probability |
Inverse function
Mass function
Density function
Frequency function
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5 |
Recording the time (minutes) taken by the customers to wait for its turns in a utility store while standing in a queue, is an example of |
Discrete variable
Continuous variable
Constant
Parameter
|
6 |
The height of students, between 5.0 and 5.9 feet, is an example of |
Discrete variable
Continuous variable
Constant
Parameter
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7 |
The sum of probabilities of events of a sample space is always |
Zero
One
Two
Infinity
|
8 |
Random variable is also called |
Changing
Stochastic
Chance or stochastic
None of these
|
9 |
A variable whose values depend upon the outcomes of a random experiment is called a |
Constant
Parameter
Random variable
Continuous variable
|
10 |
If P(B) = 0, then the conditional probability is |
zero
1
undefined
-1
|
11 |
When each outcome of a sample space is as likely to occur as any other, the outcomes are called |
Mutually exclusive
Exhaustive
Equally likely
None of these
|
12 |
When a pair of dice is rolled, the sample space consists of |
6 outcomes
36 outcomes
12 outcomes
24 outcomes
|
13 |
Probaility of an event cannot be |
Positive
One
Negative
None of these
|
14 |
A set containing only one element is called |
Disjoint set
Singleton set
Universal set
Proper set
|
15 |
A set consisting of all the elements of the sets under consideration is called the |
Universal set
Disjoint set
Overlapping set
Proper set
|
16 |
If a set contains a specific number of elements then it is called |
Finite set
Infinite set
Universal set
Disjoint set
|
17 |
A set that contains no element is called |
Null set
Singleton set
Zero set
Infinite set
|
18 |
A well defined collection of distinct objects is called |
Probability
Chance
Element
A set
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19 |
Most of the decisions that affect our daily lives are based upon |
Absolute certainty
Likelihood
Independent
None of these
|
20 |
Link relatives are not directly comparable because they have |
Fixed base
Not fixed base
Zero values
None of these
|
21 |
In chain base year method, the _________ is fixed |
Year
Price
Quantity
Price and quantity
|
22 |
In chain base method, the base period is |
Fixed
Not Fixed
Constant
None of these
|
23 |
If all items are given equal weight, the index number is called |
Weighted
Unweighted
Relative
Composite
|
24 |
An index number calculated for more than one items is called |
Composite
Simple
Relative
None of these
|
25 |
The weighted price index is sometimes referred to as the |
Simple price
Composite index
Multi index
None of these
|
26 |
Indices that involve a group of commodities are referred to as |
Simple indices
Common indices
Aggregate indices
Relative indices
|
27 |
The base period in fixed base should be |
A normal year
Average of normal years
Any year
None of these
|
28 |
The index numbers are calculated in |
Decimal
Ratios
Percentages
Option "A" and "B"
|
29 |
The point in time at which the selected number was measured is referred to as the |
Index number
Base period
Relative price
Weighted Index
|
30 |
The variance of a constant is |
Constant
Zero
One
None of these
|