ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 396 - 402 of 471

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 471 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 300.00 or

Passage

Study the table carefully to answer the questions that follows:

Answer the question based on this table (S: product sold, P: product purchased)

Table showing the six types of electronic products sold and purchased

six types of electronic products sold and 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

MCQ▾

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

MCQ▾

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

MCQ▾

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

MCQ▾

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

MCQ▾

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

MCQ▾

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

MCQ▾

Question

If and are independent, then the value of constant is ________.

Choices

Choice (4) Response

a.

7

b.

3

c.

5

d.

2

f Page