BBA Business Statistics Practice Tests

BBA Business Statistics Online Tests

The *Expected Value and Variance Multiple Choice Questions (MCQ Quiz) with Answers PDF*, Expected Value and Variance MCQ PDF e-Book download to practice BBA Business Statistics Tests. Study Probability Distributions Multiple Choice Questions and Answers (MCQs), Expected Value and Variance quiz answers PDF to learn online certification courses. The *Expected Value and Variance MCQ App* Download: Free learning app for binomial distribution, standard normal probability distribution, discrete probability distributions test prep for online college classes.

The MCQ: *Demand of products per day for three days are 21, 19, 22 units and their respective probabilities are 0.29, 0.40, 0.35. profit per unit is $0.50 then expected profits for three days are;* "Expected Value and Variance" App Download (Free) with answers: 21, 19, 22; 21.5, 19.5, 22.5; 0.29, 0.40, 0.35; 3.045, 3.8, 3.85; to learn online certification courses. Practice Expected Value and Variance Quiz Questions, download Apple eBook (Free Sample) for online degrees.

*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*

- discrete value
- weighted value
- expected value
- cumulative value

c

*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*

- 21, 19, 22
- 21.5, 19.5, 22.5
- 0.29, 0.40, 0.35
- 3.045, 3.8, 3.85

d

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

- discrete probability
- cumulative probability
- marginal probability
- continuous probability

b

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

- profit of product
- loss of profit
- cumulative average
- weighted average

a

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

- discrete profit
- expected profit
- weighted profit
- continuous profit

b

Mean Absolute Deviation MCQs

Squared Deviation MCQs

Relative Measure of Skewness MCQs

Classification: Measures of Dispersion MCQs

Relationship: Measures of Deviation MCQs

Probability Experiments MCQs

Multiplication Rules of Probability MCQs

Data Tables and Types MCQs

Statistical Techniques MCQs

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