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Published on: 23/06/2021
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Take MCQ Business Maths and Statistics Test

1.
If 10 coins are tossed, find the probability that exactly 5 heads appears.
2.
Suppose X is a binomial variate X ~ B (5, p) and P(X = 2) = P(X = 3), then find p.
3.
If the mean of the binomial distribution is 20 and standard deviation is 4, then find the number of events.
4.
If the mean of the binomial distribution with 9 trial is 6, then find the variance.
5.
In a Poisson distribution 3 P(X = 2) = P(X = 4), then find the parameter of the distribution.
1.
Given n = 10, P(H) = \(\frac { 1 }{ 2 } \) ⇒ p =\(\frac { 1 }{ 2 } \)
q=1-p = \(1-\frac { 1 }{ 2 } =\frac { 1 }{ 2 } \)
P(X = x) = nCx pxqn-x
∴ P(X = 5) = 10C5 p5q5
= \(\frac { 10\times 9\times 8\times 7\times 6 }{ 5\times 4\times 3\times 2\times 1 } \left( \frac { 1 }{ 2 } \right) ^{ 5 }\left( \frac { 1 }{ 2 } \right) ^{ 10 }\)
= \(\frac { 6\times 7\times 6 }{ 2^{ 10 } } \)
= \(\frac { 2\times 3\times 7\times 2\times 3 }{ 2^{ 10 } } =\frac { 63 }{ { 2 }^{ 8 } } \)
= \(\frac { 63 }{ 256 } \).
2.
Since X is a binomial variate X ~ B (5, p)
n = 5 and P(X = x) = nCx px qn-x
Given P[X = 2] = P[X = 3]
⇒ 5C2 p2q3 = 5C3 p3q2
⇒ q=p
we know p+q = 1 ⇒ p+p =1
⇒ 2p = 1⇒ p =\(\frac { 1 }{ 2 } =\frac { 1 }{ 2 } \).
3.
Given mean 20 ⇒ np = 20
S.D = 4 ⇒ \(\sqrt { npq } \) = 4
∴ \(\frac { npq }{ np } =\frac { 16 }{ 20 } \Rightarrow q=\frac { 4 }{ 5 } \)
P = 1-q =\(1-\frac { 4 }{ 5 } =\frac { 1 }{ 5 } \)
Substitutingp and q in npq = 16, we get
\(n\times \frac { 1 }{ 5 } \times \frac { 4 }{ 5 } \) =16
n = \(\frac { 16\times 5\times 5 }{ 4 } \) = 100
∴ Number of events = 100
4.
Given n = 9 and mean = 6 ⇒ np = 6
9p = 6 ⇒ \(\frac { 6 }{ 9 } =\frac { 2 }{ 3 } \)
∴ q=1-p = \(1-\frac { 2 }{ 3 } =\frac { 1 }{ 3 } \)
Variance = npq = \(9\times \frac { 2 }{ 3 } \times \frac { 1 }{ 3 } \) = 2
5.
Let λ be the parameter
Given 3. P(X = 2) = P(X = 4)
⇒ 3. \(\frac { { e }^{ -\lambda }.{ \lambda }^{ 2 } }{ 2! } =\frac { e^{ -\lambda }.{ \lambda }^{ 4 } }{ 4! } \)
\(\frac { 3{ \lambda }^{ 2 } }{ 2 } =\frac { { \lambda }^{ 4 } }{ 4\times 3\times 2 } \)
⇒ 36λ2 = λ4
λ4-36λ2 = 0
⇒ λ2(λ2-36) = 0
⇒ λ2 = 0 or λ2 = 36
⇒ λ = 6 since λ > 0
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