ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 396  402 of 471
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Passage
Study the table carefully to answer the questions that follows:
Answer the question based on this table (S: product sold, P: product purchased)
Store  A  B  C  D  E  F  
Product  S  P  S  P  S  P  S  P  S  P  S  P 
L  54  135  48  112  60  104  61  124  40  136  48  126 
M  71  4.5  53  3.8  57  5.6  49  49  57  5.5  45  4.7 
N  48  12  47  18  52  15  54  12  62  11  56  11 
O  52  53  55  48  48  50  54  49  59  47  58  51 
P  60  75  61  68  56  92  44  84  46  76  59  78 
Q  43  16  45  15  45  14.5  48  16  55  18  55  15 
Number of six types of electronic products sold by six different stores in a month and price per product (P) (price in Rs. 000) charged by each store
Question number: 396 (1 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
What is the average price per product charged by all the stores together for Product Q?
Choices
Choice (4)  Response  

a.  Rs. 15750 

b.  Rs. 15740 

c.  Rs. 15660 

d.  None of the above 

Question number: 397 (2 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
What is the ratio of total number of O and L type products together sold by Store E and that of the same product sold by Store A?
Choices
Choice (4)  Response  

a. 


b.  1 

c. 


d.  All of the above 

Question number: 398 (3 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
The number of L products sold by Store F is what percent of the total number of the same type of the products sold by Store E?
Choices
Choice (4)  Response  

a.  112 

b.  48 

c.  124 

d.  None of the above 

Question number: 399 (4 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
What is the total amount earned by Store C through the sale of M and O types product together?
Choices
Choice (4)  Response  

a.  Rs. 2719.2 Lakhs 

b.  Rs. 27.192 Lakhs 

c.  Rs. 271.92 Lakhs 

d.  Rs. 2.7192 Lakhs 

Question number: 400 (5 of 5 Based on Passage) Show Passage
» Statistical Methods » Charts, Diagrams and Histogram
Question
What is the difference in the amount earned by Store A though the sale of P type products and that earned by Store B through the sale of Q type products?
Choices
Choice (4)  Response  

a.  Rs. 0.384 Lakhs 

b.  Rs. 3.84 Lakhs 

c.  Rs. 38.25 Lakhs 

d.  Question does not provide sufficient data or is vague 

Passage
Use the following information, to answer the questions below:
Let and be jointly normal random variables with parameters , , , and .
Question number: 401 (1 of 3 Based on Passage) Show Passage
» Statistical Methods » Bivariate Normal Distribution
Question
The value of is ________.
Choices
Choice (4)  Response  

a.  0.3085 

b.  0.1903 

c.  0.7337 

d. 


Question number: 402 (2 of 3 Based on Passage) Show Passage
» Statistical Methods » Bivariate Normal Distribution
Question
If and are independent, then the value of constant is ________.
Choices
Choice (4)  Response  

a.  7 

b.  3 

c.  5 

d.  2 
