ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 396 - 403 of 472

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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)

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 (2 of 5 Based on Passage) Show Passage

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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. 15660

c.

Rs. 15740

d.

All of the above

Question number: 397 (3 of 5 Based on Passage) Show Passage

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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 (4 of 5 Based on Passage) Show Passage

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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.

124

b.

48

c.

112

d.

None of the above

Question number: 399 (5 of 5 Based on Passage) Show Passage

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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. 27.192 Lakhs

b.

Rs. 271.92 Lakhs

c.

Rs. 2719.2 Lakhs

d.

Rs. 2.7192 Lakhs

Passage

Use the following information, to answer the questions below:

Let and be jointly normal random variables with parameters , , , and .

Question number: 400 (1 of 3 Based on Passage) Show Passage

» Statistical Methods » Bivariate Normal Distribution

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Question

The value of is ________.

Choices

Choice (4)Response

a.

0.7337

b.

0.3085

c.

d.

0.1903

Question number: 401 (2 of 3 Based on Passage) Show Passage

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

Choices

Choice (4)Response

a.

5

b.

2

c.

7

d.

3

Question number: 402 (3 of 3 Based on Passage) Show Passage

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Question

The value of is ________.

Choices

Choice (4)Response

a.

0.2819

b.

c.

d.

Passage

Study the graph carefully to answer the questions that follows:

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Created with Highcharts 5.0. 10YearsProfitProfit of three companies223333115544556677665566449988Company XCompany YCompany Z2012201320142015201602.557.5102013Company Z: 6

Question number: 403 (1 of 5 Based on Passage) Show Passage

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Question

Profit made by company Z in the year 2013 was what percent of total profit made by all the three companies in that year?

Choices

Choice (4)Response

a.

b.

c.

d.

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