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BBA Business Statistics Certification MCQs – Practice Test 3 (Chapter 7)

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Probability Distributions Quiz – Practice Test 3 PDF Download

MCQ 11: If the value of p is smaller or lesser than 0.5 then the binomial distribution is classified as:

  1. skewed to right
  2. skewed to left
  3. skewed to infinity
  4. skewed to integers

MCQ 12: If the μ is equal to 8 then the standard deviation of exponential probability distribution is:

  1. 0.425
  2. 0.125
  3. 0.225
  4. 0.325

MCQ 13: In binomial distribution, the formula of calculating mean is:

  1. μ = p + q
  2. μ = np
  3. μ = pq
  4. μ = qn

MCQ 14: 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:

  1. discrete value
  2. weighted value
  3. expected value
  4. cumulative value

MCQ 15: 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:

  1. 1925
  2. 6364
  3. 63.64
  4. 3500

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