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Number of units multiply profit per unit multiply probability to calculate
expected profit
continuous profit
discrete profit
weighted profit
Graphical diagram in which total number of observations are represented in percentages rather than absolute values is classified as
ungrouped diagram
asymmetrical diagram
pie diagram
grouped diagram
If arithmetic mean is 20 and harmonic mean is 30 then geometric mean is
14.94
34.94
44.94
24.94
If in bar diagram characteristics variable to be measured is written on horizontal axis and frequencies are written on vertical axis then graph is for
Dimensional data
grouped data
ungrouped data
non dimensional data
Sub-divided bar charts are considered best to be used if information is presented in
ratios or percentages
negative values
positive values
mean deviations
Sub-divided bar charts are considered best to be used if information is presented in
negative values
ratios or percentages
mean deviations
positive values
Examples of applications of range in real world includes
fluctuation in share prices
All of above
quality control
weather forecasts
Examples of applications of range in real world includes
quality control
All of above
fluctuation in share prices
weather forecasts
Formula of coefficient of range is
H-L⁄H+L
H+l⁄H-L
L+L⁄H+H
H+H⁄L+L
Formula of coefficient of range is
H+l⁄H-L
H-L⁄H+L
H+H⁄L+L
L+L⁄H+H
Diagrams such as cubes and cylinders are classified as
two dimension diagram
dispersion diagrams
one dimension diagrams
three dimensional diagrams
Diagrams such as cubes and cylinders are classified as
two dimension diagram
dispersion diagrams
three dimensional diagrams
one dimension diagrams
In binomial probability distribution, dependents of standard deviations must includes
All of above
probability of q
probability of p
Trials
In binomial probability distribution, dependents of standard deviations must includes
probability of q
probability of p
Trials
All of above
Type of questions included in questionnaire to record responses in which respondents have set of alternatives are classified as
open ended questions
close ended questions
multiple choices
itemized question
Group of observations for which better understanding is needed and group is related to specific phenomenon is classified as
parameter statistic
population statistic
Population
phenomenon statistic
Group of observations for which better understanding is needed and group is related to specific phenomenon is classified as
Population
phenomenon statistic
parameter statistic
population statistic
All individual elements of sample are considered as
process units
statistical units
population units
experimental units
At a manufacturing plant, unit of quantity manufactured in 8 days are 250, 320, 240, 210, 260, 330, 310, 260
260
250
210
240
Formula of calculating mean for negative binomial probability distribution is
r ⁄ p
P ⁄ Q
q ⁄ p
p ⁄ r
1
2
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