Master In Business Administration

Business Statistics MCQs

MBA: Business Statistics MCQs - Subtopic

Rules of Probability and Algebra MCQ with Answers

Rules of Probability and Algebra Multiple Choice Questions (MCQ) to practice rules of probability and algebra quiz answers PDF, business statistics worksheets for online degrees. Solve introduction to probability Multiple Choice Questions and Answers (MCQs), "Rules of Probability and Algebra" quiz questions and answers for business admin degree online. Learn probability rules, multiplication rules of probability, types of events test prep for business administration degree courses.

"If two events X and Y are considered as partially overlapping events then the rule of addition can be written as" Multiple Choice Questions (MCQ) on rules of probability and algebra with choices p(x or y) = p(x) - p(y) + p(x and y), p(x or y) = p(x) + p(y) * p(x - y), p(x or y) = p(x) * p(y) + p(x - y), and p(x or y) = p(x) + p(y) - p(x and y) for business admin degree online. Solve rules of probability and algebra quiz questions for merit scholarship test and certificate programs for online schools for business management.

MCQs on Rules of Probability and Algebra

1.

If two events X and Y are considered as partially overlapping events then the rule of addition can be written as

P(X or Y) = P(X) - P(Y) + P(X and Y)
P(X or Y) = P(X) + P(Y) * P(X - Y)
P(X or Y) = P(X) * P(Y) + P(X - Y)
P(X or Y) = P(X) + P(Y) - P(X and Y)

2.

If a person buys a lottery, the chance of winning a Toyota car is 60%, the chance of winning Hyundai car is 70% and the chance of winning both is 40% then chance of winning Toyota or Hyundai is

0.6
0.9
0.8
0.5

3.

The probability without any conditions of occurrence of an event is considered as

conditional probability
marginal probability
non conditional probability
occurrence probability

4.

If a bag contains three fruits, 16 percent are apples, 30 percent are oranges and 20 percent some other fruit that is neither oranges nor apples then the probability of selecting an orange randomly is

0.3
0.45
0.65
0.034

5.

In a Venn diagram used to represent probabilities, the occurred events are represented by

circle
rectangle
square
triangle