BBA Business Statistics Practice Test 21

Expected Value and Variance Quiz Questions and Answers PDF - 21

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The Quiz: 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; "Expected Value & Variance" App Download (Free) with answers weighted value, discrete value, expected value and cumulative value for online MBA business programs. Solve probability distributions questions and answers, Amazon eBook to download free sample for online degrees.

Expected Value & Variance Questions and Answers PDF Download: Quiz 21

MCQ 101: 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

MCQ 102: The bias occurred in collection of sample because of confusing questions in the questionnaire is classified as

A) non-responsive bias

B) non distribution bias

C) non wording bias

D) wording bias

MCQ 103: The high uniformity of 50% observations around the median value is indicated with the help of

A) larger value of quartile deviation

B) smaller value of quartile deviation

C) larger value of range deviation

D) smaller value of range deviation

MCQ 104: According to percentiles, the median to be measured must lie in

A) 80^th

B) 40^th

C) 50^th

D) 100^th

MCQ 105: The outcomes of an experiment are classified as

A) logged events

B) exponential results

C) results

D) events

BBA Business Statistics Exam Prep Tests

Relative Frequency MCQs

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Calculating Moments MCQs

Standard Normal Probability Distribution MCQs

Types of Events MCQs

Variance and Standard Deviation MCQs

Percentiles MCQs

Cluster Sampling MCQs

Principles of Measurement MCQs

Binomial Distribution MCQs

Skewness and Skewed Distribution MCQs

Rectangular Distribution MCQs

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