ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 409 - 415 of 469

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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

44

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: 409 (4 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.

Equation

b.

1Equation

c.

Equation

d.

All of the above

Question number: 410 (5 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

Passage

Use the following information, to answer the questions below:

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

Question number: 411 (1 of 3 Based on Passage) Show Passage

» Statistical Methods » Bivariate Normal Distribution

MCQ▾

Question

The value of Equation is ________.

Choices

Choice (4) Response

a.

0.3085

b.

0.1903

c.

0.7337

d.

Equation

Question number: 412 (2 of 3 Based on Passage) Show Passage

» Statistical Methods » Bivariate Normal Distribution

MCQ▾

Question

The value of Equation is ________.

Choices

Choice (4) Response

a.

0.2819

b.

Equation

c.

Equation

d.

Equation

Question number: 413 (3 of 3 Based on Passage) Show Passage

» Statistical Methods » Bivariate Normal Distribution

MCQ▾

Question

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

Choices

Choice (4) Response

a.

7

b.

3

c.

5

d.

2

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: 414 (1 of 5 Based on Passage) Show Passage

» Statistical Methods » Charts, Diagrams and Histogram

MCQ▾

Question

What is the percent increase in profit made by company X over the years?

Choices

Choice (4) Response

a.

150

b.

60

c.

200

d.

Question does not provide sufficient data or is vague

Question number: 415 (2 of 5 Based on Passage) Show Passage

» Statistical Methods » Charts, Diagrams and Histogram

MCQ▾

Question

What is the percent increase in profit of company X in the year 2013 from the previous year?

Choices

Choice (4) Response

a.

Equation

b.

Equation

c.

Equation

d.

Equation

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