BBA Business Statistics MCQs

BBA Business Statistics Tests

The Book *Expected Value and Variance Multiple Choice Questions (MCQ Quiz)*, Expected Value and Variance quiz answers PDF to study online courses, bba business statistics tests. Practice Probability Distributions Multiple Choice Questions and Answers (MCQs), Expected Value and Variance quiz questions for BS degree in business administration. The e-Book *Expected Value and Variance MCQ* App Download: binomial distribution, standard normal probability distribution, discrete probability distributions test prep for online college classes.

The MCQ: *The value which is obtained by multiplying the possible values of random variable with the probability of occurrence and is equal to weighted average is called* PDF, "Expected Value and Variance" App Download (Free) with discrete value, weighted value, expected value, and cumulative value choices for BS degree in business administration. Study expected value and variance quiz questions, download Google eBook (Free Sample) for online degrees.

**MCQ**: The value which is obtained by multiplying the possible values of random variable with the probability of occurrence and is equal to weighted average is called

A) discrete value

B) weighted value

C) expected value

D) cumulative value

c

**MCQ**: The demand of products per day for three days are 21, 19, 22 units and their respective probabilities are 0.29, 0.40, 0.35. The profit per unit is $0.50 then the expected profits for three days are

A) 21, 19, 22

B) 21.5, 19.5, 22.5

C) 0.29, 0.40, 0.35

D) 3.045, 3.8, 3.85

d

**MCQ**: The probability which explains x is equal to or less than particular value is classified as

A) discrete probability

B) cumulative probability

C) marginal probability

D) continuous probability

b

**MCQ**: The selling price of product is subtracted from purchasing price of product to calculate

A) profit of product

B) loss of profit

C) cumulative average

D) weighted average

a

**MCQ**: The number of units multiply profit per unit multiply probability to calculate

A) discrete profit

B) expected profit

C) weighted profit

D) continuous profit

b

Mean Absolute Deviation MCQ

Squared Deviation MCQ

Relative Measure of Skewness MCQ

Classification: Measures of Dispersion MCQ

Relationship: Measures of Deviation MCQ

Probability Experiments MCQ

Multiplication Rules of Probability MCQ

Data Tables and Types MCQ

Statistical Techniques MCQ

Sampling Distribution in Statistics MCQ

Average Deviation Measures MCQ

Variance in Statistics MCQ

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