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BBA Business Statistics Certification MCQs – Practice Test 3 (Chapter 7)
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If the value of p is smaller or lesser than 0.5 then the binomial distribution is classified as
If the μ is equal to 8 then the standard deviation of exponential probability distribution is
In binomial distribution, the formula of calculating mean is
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
The number of products manufactured in a factory in a day are 3500 and the probability that some pieces are defected is 0.55 then the mean of binomial probability distribution is
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