BBI MATHS-I MCQ

Question 1 : If byx and bxy are positive then the value of r is _____

Question 2 : If a random variable assumes only a infinite or uncountable number of values is called _____ random variable.

Question 3 : Height of a student is an example of _____ distribution.

Question 4 : ______ is not a measure of central tendency.

Question 5 : If the policy is with profits, then the policy holder is allowed a ____

Question 6 : _______ is entitled how to lie with statistics.

Question 7 : Any subset of the sample space is called an ____

Question 8 : If we have a large number of observations, they are grouped in a ________ continuous or discrete distribution

Question 9 : In Laspeyre's index number ______ year quantities are used.

Question 10 : _______ is important because it makes the data comprehensible.

Question 11 : When the value of money decreases the price level _____

Question 12 : A uniform die is cast. Find the probability of the event that only the even numbers are on the uppermost face?

Question 13 : How many 4 digit numbers can be formed out of the digits 1,2,3,6,9,8?

Question 14 : _______ is only a rough measure of dispersion.

Question 15 : If X increases, Y increases consistently, we say that X and Y are ______ correlated

Question 16 : Mean deviation from the median is ___ than that from any other device.

Question 17 : β2 = 3 the curve is ____

Question 18 : Sum of all probabilites is equal to ____

Question 19 : Relative measure corresponding to the standard deviation has a special name is called ___

Question 20 : Cost of living index number is also known as _____ index number

Question 21 : Exactly 95% of the area lies between t = _____

Question 22 : Class-mark of the interval 10-20 is ____

Question 23 : The mean,median and mode of the normal distirbution are_____

Question 24 : If a premium is not paid on the due date, the insurance company usually allows some _____

Question 25 : _______ can be defined as a contract between the insurance company and the policyholder.

Question 26 : A bag contains 3 white and 2 black balls find the probability of drawing a white ball?

Question 27 : Decile divide the data into ______ equal parts.

Question 28 : Dispersion can be studied graphically using______

Question 29 : Measures are derived from the _____ data are referred to as Statistics.

Question 30 : Less than curve and Greater than curve are called _____

Question 31 : _____ is defined as the difference between the highest and lowest value taken by the variable.

Question 32 : Number of members in a family is an example of ______ distribution

Question 33 : Mean deviation _______ algebraic signs

Question 34 : By adding successive frequencies in a distribution we get _____

Question 35 : We cannot get head and tail at the same time these cases are called ______

Question 36 : The mean deviation of the normal distirbution is ______

Question 37 : Quartile diivides the data into ___ equal parts.

Question 38 : The area between t = -1 and t= = 1 is _____

Question 39 : In discrete distribution ____ can be calculated by mere inspection.

Question 40 : A typical insurance contract is called a ____

Question 41 : An insurance policy whose premium is not paid even within the grace period ____

Question 42 : Diagram showing a circle divided into sectors is called a ______

Question 43 : Averages can be used to compare ______ series

Question 44 : If byx and bxy are negative then the value of r is _____

Question 45 : The word statistics is derived from the Latin word Statis which means a _____ state.

Question 46 : In Paasche's index number _____ year quantities are used.

Question 47 : ________ diagram is an important step in analyzing correlation.

Question 48 : Estimate the value of Y when Y = 8.3 + 0.7*X when X = 13.

Question 49 : Statistical methods make the data _____ to understand.

Question 50 : If byx = 5/6 and bxy = 8/15 then r = ___

Question 51 : The first and third quartiles are equiistant from the ______

Question 52 : If r = -1 there exist a __________ correlation.

Question 53 : The average that is affected by sampling fluctutions is ______

Question 54 : If a random variable assumes only a finite or countable number of values is called ______ random variable.

Question 55 : Probabilities is always lying between _____

Question 56 : The tabulated rate of annual premium is expressed per ______