ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 436  440 of 461
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Question number: 436
» Statistical Methods » Skewness and Kurtosis
Question
Following is the two sets of data:
SET 1: 1 2 3 4 5 6 7 8 9 9
SET 2: 1 2 3 4 5 6 7 8 9 9 9 9 9 9 9 9 9 9 9 9 10 12 12 13
If, somebody desires to calculate the Pearson’s Coefficient of Skewness (mode) then, which of the two sets will give stable measure of central tendency?
Choices
Choice (4)  Response  

a.  SET 1 and SET 2 are equally stable measure 

b.  SET 2 

c.  SET 1 

d.  None of the above 

Question number: 437
» Statistical Methods » Curve Fitting and Orthogonal Polynomials
Question
Which of the following statement is/are correct regarding Least Squares Approximation using Orthogonal Polynomial?
Choices
Choice (4)  Response  

a.  It can be applied to a discontinuous function on 

b.  It always requires a constant weight function on 

c.  None of the above 

d.  Question does not provide sufficient data or is vague 

Question number: 438
» Statistical Methods » Dispersion
Question
If the mean return for an industry is 10 % with a standard deviation of 6%, out of 100 firms how many do you expect to have returns above 22%?
Choices
Choice (4)  Response  

a.  22 firms 

b.  50 firms 

c.  25 firms 

d.  Question does not provide sufficient data or is vague 

Question number: 439
» Statistical Methods » Association and Contingency
Question
The value of measure of association, Cramer’s V of the given data set is ________.
Choices
Choice (4)  Response  

a.  0.25 

b.  0.75 

c.  0.33 

d.  0.50 

Question number: 440
» Statistical Methods » Skewness and Kurtosis
Question
The length of stay on the cancer floor of Apolo Hospital was organized into a frequency distribution. The mean length of stay was 28 days, the medial 25 days and modal length is 23 days. The standard deviation was computed to be 4.2 days. Which of the following remark can be made on this frequency distribution?
Choices
Choice (4)  Response  

a.  Distribution is symmetrical 

b.  Distribution is positively skewed 

c.  Distribution is negatively skewed 

d.  Question does not provide sufficient data or is vague 
