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Probability and Statistics MCQ Questions with answer keys for preparation of
academic and competitive exams of various institutions.
Q3: If A and B are independent and P (A) = 1/3 P(B) = 1/4, find P(A∩B)
Ans. 1/12
Q4. A coin is tossed thrice. What is the chance of getting all heads?
Ans. 1/8
Q6: If P(A) = 1/3, P(B) = 3/4 , find (P È B) = 11/12, find P(A/B) and P(B/A)
Ans. 2/9, 1/2
Q7: There are 3 true coins and 1 false coin with ‘head’ on both sides. A coin is
chosen at random and tossed 4 times. If ‘Head’ occurs all the 4 times. If the
head occurs at all the 4 times, what is the probability that the false coin has
chosen and used?
Ans. 16/19
x 0 1 2 3 4
P
(
X 3 5 7 9
c
= c c c c
x
)
Q10: Two coins are thrown simultaneously and let X denotes the number of
heads. Calculate all possible outcomes and find the probability distribution of
X. Also calculate the expected values of X.
Ans. Let H denotes the head and T denotes the tail. So all possible outcomes
after tossing two coins simultaneously are
HH 2 2/4 = ½
HT 1 1/4
TH 1 1/4
TT 0 0
So, E(X) = 0.f(x) + 1.f(x) + 2.f(x) = 1. 2/4 + 2. ½ = 3/2
Q11: Let pmf of discrete random variable is p(x) = 1/n, where x = 1,2,3,4,…..
Find E(X).
Ans. (n+1)/2
Q12: By throwing a fair die, a game is played. A player wins Rs. 20 if 2 turns
up, Rs. 40 if 4 turns up and loses Rs.30 if 6 turns up. And he never loses or
gains if any other number turns up. Find the expected value of money won.
Ans. E(X)=5
Q14: Find the mean of the random variable X, if its pdf is given by
Ans. E(X)=1/2
Q15: If the joint pdf of (X,Y) is given by f(x,y)= 24y(1-x), 0≤y≤x≤1, find E(XY).
Ans. E(XY)=4/15
Q16: Assume two random variables X and Y jointly distributed with density
function f(x,y)= x+y¸ 0≤x≤1, 0≤y≤1. Find Cov(X,Y).
Ans. -1/144.
Q17. Two events A and B are independent if and only if P(AUB) is equal to
which among the following?
a. P(A) U P(B)
b. P(A)*P(B)
c. P(A) ∩ P(B)
d. P(A ∩ B)
Q18. Two or more events are independent if the occurrence of one ____ the
occurrence of the other.
a. is the same as the
b. depends on
c. does not affect the
d. differs from the
Q19. All possible outcomes of an experiment are called which among the
following?
a. mutually independent events
b. mutually exclusive events
c. independent events
d. exhaustive events
Q20. If f is a function (mapping) from S into the set R of all real numbers and
X = f(s), sϵS, then which among the following holds?
a. X is an independent variable
b. X is called a random variable on S
c. S is called a random variable on S
d. S is an independent variable
Q26. Which of the following is Not among the requisites of a good average?
a. should be based on all values
b. should be easy to calculate
c. should be affected by sampling fluctuation
d. should have sampling stability
Q27. Which of the following does not fall among the category of averages?
a. Mathematical Average
b. Harmonic Average
c. Positional Average
d. Miscellaneous Averages
Q28. Which of the following method cannot be used to find the arithmetic
mean for individual series?
a. Indirect method
b. Direct method
c. Step deviation method
d. Short cut method
Q30. The total number of items of a value divided by the sum of reciprocal of
values of the variable is known as which of the following?
a. Harmonic mean
b. Deciles
c. Median
d. Weighted Arithmetic average
Q31. The most commonly used measure of central tendency is which of the
following?
a. Step deviation method
b. Arithmetic average
c. Harmonic Mean
d. Geometric mean
Q32. The value which occurs with the maximum frequency is called ____.
a. Cumulative frequency
b. Quartile
c. Mode
d. Median
Q33. The absolute measure of variation does not include which of the
following?
a. Standard Deviations
b. Range
c. Quartile Deviations
d. Median deviation
Q36. Which of the following term is Not used to describe standard deviation?
a. mean square error deviation
b. Mean error deviation
c. Variation
d. Root mean square deviation
Q40. The standard normal distribution is the Normal distribution for which
the mean is ___ and the variance is 1.
a. Zero
b. One
c. Constant
d. Random variable
Q42. Two variables are said to be ___ correlated when both the variables
under study move in the same direction.
a. linearly
b. negatively
c. positively
d. perfectly
Q43. When both the variables change at a constant rate irrespective of the
change in direction, then it is called ___ correlation.
a. non-linear
b. simple
c. partial
d. perfect
Q44. Which of the following is NOT among the methods used to find the
measurement of correlation?
a. Scatter Diagram method
b. Karl Pearson’s Coefficient method
c. Pearson’s rank method
d. Spearman’s Rank Coefficient method
Q45. The measure of the average relationship between two or more variables
in terms of the original units of the data is called which of the following?
a. deviation
b. regression
c. variation
d. dispersion
Q46. Multiple regression analysis can be used to find which of the following?
a. the estimates of the dependent variable from values of independent
variables
b. To obtain the measure of the error involved
c. To obtain a measure of the proportion of variance
d. all the above
Q47. Which of the following is not among the types of index numbers?
a. Price index number
b. Value Index Number
c. Weighted Index number
d. Quality Index number
Q48. Which of the following is not among the types of weighted aggregate
method?
a. Laspeyre’s method
b. Relative method
c. Fisher’s method
d. Walsch’s method
Q49. Fisher’s Ideal Method index number is the geometric mean of the
Laspeyre and ___ method.
a. Dorbish
b. Bowley’s
c. Paasche’s
d. Kelly’s
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