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Thread: MTH302 Business Mathematics & Statistics Online Quiz No 5 Due Date: Jul 11, 2014

  1. #1
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    Oct 2012
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    MTH302 Business Mathematics & Statistics Online Quiz No 5 Due Date: Jul 11, 2014

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    MTH302 Business Mathematics & Statistics Online Quiz No 5 Due Date: Jul 11, 2014

    Poisson probabilty density function has ____ parameter(s)

    Select correct option:



    0

    1

    2

    None of these.


    Question # 2 of 10 ( Start time: 09:46:54 PM ) Total Marks: 1

    In the excel formulation for Poisson distribution i-e "POISSON(x,mean,cumulative)", ‘x’ is the

    Select correct option:


    Expected numeric value

    Logical value that determines the form of the probability distribution returned

    Number of events over a specific time

    Discrete non-random variable

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    Question # 3 of 10 ( Start time: 09:47:59 PM ) Total Marks: 1

    An automatic production line breaks down every 2 hours.Special production requires uninterrupted operation for 8 hours.What is the probabilty that this can be achieved.

    Select correct option:


    0.312

    0.021

    0.0183

    None of these.


    Question # 4 of 10 ( Start time: 09:48:27 PM ) Total Marks: 1

    The successive binomial trials are assumed to be

    Select correct option:


    Independent

    Dependent

    May be independent

    None of these


    Question # 5 of 10 ( Start time: 09:48:48 PM ) Total Marks: 1

    When two dice are rolled together, the outcomes on the faces are independent.

    Select correct option:

    True

    False


    Question # 6 of 10 ( Start time: 09:49:04 PM ) Total Marks: 1

    The number of false fire alarms in a suburb of London on averages 4 per day. Assuming that a Poisson distribution is appropriate, the probability that 3 false alarms will occur on a given day is given by

    Select correct option:

    P(X=3 ) = (4^3e^-3)/4!

    P(X=3 ) =1- (4^3e^-3)/3!

    P(X=3 ) = (4^3e^-4)/3

    P(X=3 ) =1- (4^3e^-4)/4!

    Question # 7 of 10 ( Start time: 09:49:48 PM ) Total Marks: 1

    The Excel command “=BINOMDIST( 7, 4, 0.5, FALSE)” gives an error of #NUM. The reason is that number of successes is 7 which are greater than the trials which are 4.
    Select correct option:

    True

    False

    Question # 8 of 10 ( Start time: 09:50:08 PM ) Total Marks: 1

    For normal distribution the probability of an event is zero if and only if value of ‘z’

    Select correct option:


    Greater than 3

    Less than 3

    Equal to 3

    None of these

    Question # 9 of 10 ( Start time: 09:50:31 PM ) Total Marks: 1

    What is not a characteristic of poisson distribution.

    Select correct option:

    Either/or situation.

    mean number of successes per unit,m,known and fixed.

    p,chance unknown and large

    None of these.

    Question # 10 of 10 ( Start time: 09:50:43 PM ) Total Marks: 1

    In the normal distribution curve, peak of the bell-shaped curve gives

    Select correct option:

    Standard deviation

    Variance

    Mean

    Frequency


  2. #2
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    Q. The square of the correlation coefficient is called the

    coefficient of determination
    variance
    covariance
    big R
    Q. nCn =___________

    nC0

    2

    3

    None of these

    Q. The moving averages of the Prices 90,70,30,110 are

    63.33, 70

    73.33, 80

    45.45, 68

    65.50, 75

    Q. The sum of squares of the deviations of the observed values from the regression line is

    zero

    least or minimum

    maximum

    none of these

    Q. In a simple linear regression analysis, the correlation coefficient (r) and the slope (b1) have the same sign.

    Always

    Sometimes

    Never

    Most of the times

    Q. A pattern of variation of a time series that repeats every year is called:

    Cyclical

    Seasonal

    Trend

    Secular

    Q. An arrangement of all or some of a set of objects in a definite order is called

    Combination

    Permutation

    Q. The square of the correlation coefficient is called the

    coefficient of determination

    variance

    covariance

    big R

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