Probability-Laws of Large Numbers (ISS Statistics Paper I (New 2016 MCQ Pattern)): Questions 1 - 3 of 5
Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 454 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.
Rs. 300.00 or
Question number: 1
» Probability » Laws of Large Numbers
Question
Suppose someone wants to estimate Prime minister’s approval rating by asking persons drawn at random from the voter population. Let
Now if he/she want to be confident that he/she is within of the actual approval rating then from how many (minimum number of) people he should ask?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | 1000 |
|
| b. | 10, 000 |
|
| c. | 25, 000 |
|
| d. | 50, 000 |
|
Question number: 2
» Probability » Laws of Large Numbers
Question
Let be a sequence of independent, identically distributed random variables, each having finite mean . Then, which of the following option is/are correct according to statement of Strong law of large number?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. |
|
|
| b. |
|
|
| c. | None of the above |
|
| d. | All of the above |
|
Question number: 3
» Probability » Laws of Large Numbers
Question
Consider rolls of a die. Let be the outcome of the th roll. Then, if is the sum of first n rolls, which of the following is correct?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. |
|
|
| b. |
|
|
| c. |
|
|
| d. |
|
|