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This set of Quantitative Techniques for Business Multiple Choice Questions & Answers (MCQs) focuses on Quantitative Techniques For Business Set 4

Q1 | Classical probability is also called .........................
Q2 | The relative frequency approach is also called ................................
Q3 | When P(AUB) = P(A) + P(B), then A and B are .............................
Q4 | When two events cannot occur together is called ........................
Q5 | If two sets have no common element, they are called ....................
Q6 | Two events are said to be ..................... , if any one of them cannot be expected to occur inpreference to the other.
Q7 | Two events are said to be independent if ........................
Q8 | Probability of an event lies between ................................
Q9 | Probability of sample space of a random experiment is ............................
Q10 | In tossing a coin , getting head and getting tail are ............................................
Q11 | If two events, A and B are mutually exclusive, then P(AUB) = .........................
Q12 | If two events, A and B are not mutually exclusive, the P(AUB) = ..................
Q13 | An event consisting of those elements which are not in the given event is called.............
Q14 | The definition of priori probability was originally given by ............................
Q15 | ........................ refers to the totality of all the elementary outcomes of a random experiment.
Q16 | The sum of probabilities of all possible elementary outcomes of a random experiment isalways equal to ...................
Q17 | Chance for an event may be expressed as .................
Q18 | If it is known that an event A has occurred, the probability of an event B given A is called............................
Q19 | The mean of a binomial distribution is ...........................
Q20 | Binomial distribution is a ................................ probability distribution
Q21 | Binomial distribution is originated by ..................................
Q22 | When probability is revised on the basis of all the available information, it is called .............
Q23 | Baye’s theorem is based upon inverse probability.
Q24 | Probability distribution is also called theoretical distribution.
Q25 | The height of persons in a country is a .......................... random variable.