New ! Business Maths and Statistics MCQ Practise Tests



12th Standard Business Maths Random Variable and Mathematical expectation English Medium Free Online Test One Mark Questions 2020 - 2021

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Business Maths

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Value which is obtained by multiplying possible values of random variable with probability of occurrence and is equal to weighted average is called ________.

    (a)

    Discrete value

    (b)

    Weighted value

    (c)

    Expected value

    (d)

    Cumulative value

  2. Probability which explains x is equal to or less than particular value is classified as ________.

    (a)

    discrete probability

    (b)

    cumulative probability

    (c)

    marginal probability

    (d)

    continuous probability

  3. A variable that can assume any possible value between two points is called ________.

    (a)

    discrete random variable

    (b)

    continuous random variable

    (c)

    discrete sample space

    (d)

    random variable

  4. If X is a discrete random variable and p(x) is the probability of X, then the expected value of this random variable is equal to ________.

    (a)

    \(\sum { f(x) } \)

    (b)

    \(\sum[x+f(x)]\)

    (c)

    \(\sum { f(x)+x } \)

    (d)

    \(\sum { xp(x) } \)

  5. If c is a constant, then E(c) is ________.

    (a)

    0

    (b)

    1

    (c)

    c f (c)

    (d)

    c

  6. A probability density function may be represented by ________.

    (a)

    table

    (b)

    graph

    (c)

    mathematical equation

    (d)

    both (b) and (c)

  7. If \(f(x)=\left\{\begin{array}{lc} k x^{2} & 0  if a p.d.f. then the value of k is ___________

    (a)

    \(\frac{1}{3}\)

    (b)

    \(\frac{1}{6}\)

    (c)

    \(\frac{1}{9}\)

    (d)

    \(\frac{1}{12}\)

  8. A random variable X has the following probability mass function

    X -2 3 1
    P(X=x) \(\frac{\lambda}{6}\) \(\frac{\lambda}{4}\) \(\frac{\lambda}{12}\)

    Then λ is

    (a)

    1

    (b)

    2

    (c)

    3

    (d)

    4

  9. Variance of the random variable. X is 4, Its mean is 2. Then E(X2) is _________

    (a)

    2

    (b)

    4

    (c)

    6

    (d)

    8

  10. If f(x) = cx2, 0

    (a)

    \(\frac{1}{3}\)

    (b)

    \(\frac{4}{3}\)

    (c)

    \(\frac{8}{3}\)

    (d)

    \(\frac{3}{8}\)

*****************************************

Reviews & Comments about 12th Standard Business Maths Random Variable and Mathematical expectation English Medium Free Online Test One Mark Questions 2020 - 2021

Write your Comment