BBA Business Statistics Quiz Questions

BBA Business Statistics Practice Test 36

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**MCQ**: In a negative binomial distribution of probability, the random variable is also classified as

A) discrete random variable

B) continuous waiting time random variable

C) discrete waiting time random variable

D) discrete negative binomial variable

c

**MCQ**: The process of converting inputs into outputs in the presence of repeatedly same conditions is classified as

A) sampler

B) parameters

C) process

D) mixer

c

**MCQ**: The statistical measures such as deciles, percentiles, median and quartiles are classified as part of

A) percentile system

B) quartile system

C) deciles system

D) moment system

a

**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**: For the ungrouped data in calculation of moments from mean, the formula to calculate this measure is

A) 1⁄n Σ(x-mean)^{r}

B) 2⁄n Σ(x-mean)^{r}

C) 2⁄n Σ(x+mean)^{r}

D) 2⁄n Σ(x+mean)^{x}

a

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