ACET (Actuarial Common Entrance Test) Statistics: Questions 1 - 5 of 201

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Question 1

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Question

MCQ▾

A fair coin is tossed 10 times. Find the probability of getting exactly 6 heads.

Choices

Choice (4)Response
a.
b.
c.
d.

Question 2

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Question

MCQ▾

A checkout counter at a supermarket completes the process according to an exponential distribution with a service rate of 6 per hour. A customer arrives at the checkout counter. The probability that the service is completed in fewer than five minutes will be given by-

Choices

Choice (4)Response
a.
b.
c.
d.Question does not provide sufficient data or is vague

Question 3

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Question

MCQ▾

A bank has an average random arrival rate of 3.2 customers every 4 minutes. What is the probability of getting exactly 10 customers during an 8-minute interval?

Choices

Choice (4)Response
a.
b.
c.
d.

Question 4

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Question

MCQ▾

Ten players of Team A made an average of 63 runs, ten players of team B made an average of 77 runs and ten players of Team C made an average of 70 runs. The average run made by all the three teams is

Choices

Choice (4)Response
a.100
b.75
c.70
d.60

Question 5

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Question

MCQ▾

For two series X and Y which are correlated, the lines of regression of Y on X and X on Y are respectively and, also find

Choices

Choice (4)Response
a.3
b.4
c.2
d.1