Business Statistics - Study Mode

[#281] The regression lines cut each other at the point of
Correct Answer

(A) average of x and y

[#282] How many combinations may be made of 10 things taken 4 at a time?
Correct Answer

(C) 210

[#283] Probability limit can be
Correct Answer

(A) $$Pleft( A ight) = mathop {lim }limits_{n o infty } frac{m}{n}$$

[#284] Suppose, it is calculated that 'a' is 4 and 'b' is 2 for a particular estimating line with one independent Variable. If the independent variable has a value of 5, what value should be expected for the dependent variable?
Correct Answer

(C) 14

[#285] Three numbers an selected at random without replacement from the set of the numbers [1, 2, . . . ., N]. The conditional probability that the third number lies between the first two numbers if the first number is known to be smaller than the second is
Correct Answer

(B) $$frac{1}{3}$$