ISS (Statistical Services) Statistics Paper I (New 2016 MCQ Pattern): Questions 437  440 of 471
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Question number: 437
» 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.  25 firms 

b.  50 firms 

c.  22 firms 

d.  Question does not provide sufficient data or is vague 

Question number: 438
» 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.  0.50 

b.  0.25 

c.  0.33 

d.  0.75 

Question number: 439
» 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 negatively skewed 

b.  Distribution is symmetrical 

c.  Distribution is positively skewed 

d.  Question does not provide sufficient data or is vague 

Question number: 440
» Statistical Methods » Regression  Linear and Polynomial
Question
If the coefficient of determination of a simple linear regression is 0.65. This results means that________.
Choices
Choice (4)  Response  

a.  65 % of the total variation is explained by the dependent variable 

b.  The correlation coefficient is 0.65 also 

c.  65 % of the total variation is explained by the independent variable 

d.  The relationship between two variables is negative 
