Business Statistics - Study Mode

[#151] The probability of the happening of anyone of the several equally likely events is the ratio of the number of events favourable to it to the total number of
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(C) possible events

[#152] SSAD includes
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(D) All of the above

[#153] Match the following. List-I List-II a. (q + p) n 1. Poisson distribution b. σ 2 = m 2. Normal distribution c. λ = 1/μ 3. Binomial distribution d. z = x - μ/σ 4. Exponential distribution
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(D) a-2, b-4, c-1, d-3

[#154] Age of applicants of life insurance and the premium of insurance is
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(B) Positively correlated

[#155] Given Mean Standard Deviation X series Y series 18 100 14 40 Coefficient of correlation between X and Y series = +0.8. Find the most probable value of Y if X is 70 and most probable value of X if Y is 90
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(C) 159.48