BBI MATHS-1 MCQ's

Question 31 :
Averages can be used to compare ______ series

Question 32 :
Mean deviation _______ algebraic signs

Question 33 :
_______ is only a rough measure of dispersion.

Question 34 :
If byx = 5/6 and bxy = 8/15 then r = ___

Question 35 :
If a random variable assumes only a finite or countable number of values is called ______ random variable.

Question 36 :
If the policy is with profits, then the policy holder is allowed a ____

Question 37 :
If r = -1 there exist a __________ correlation.

Question 38 :
In Paasche's index number _____ year quantities are used.

Question 39 :
Relative measure corresponding to the standard deviation has a special name is called ___

Question 40 :
Less than curve and Greater than curve are called _____

Question 41 :
The area between t = -1 and t= = 1 is _____

Question 42 :
The mean,median and mode of the normal distirbution are_____

Question 43 :
_____ is defined as the difference between the highest and lowest value taken by the variable.

Question 44 :
If a premium is not paid on the due date, the insurance company usually allows some _____

Question 45 :
Cost of living index number is also known as _____ index number

Question 46 :
If X increases, Y increases consistently, we say that X and Y are ______ correlated

Question 47 :
In discrete distribution ____ can be calculated by mere inspection.

Question 48 :
Dispersion can be studied graphically using______

Question 49 :
Decile divide the data into ______ equal parts.

Question 50 :
When the value of money decreases the price level _____

Question 51 :
A typical insurance contract is called a ____

Question 52 :
If we have a large number of observations, they are grouped in a ________ continuous or discrete distribution

Question 53 :
The average that is affected by sampling fluctutions is ______

Question 54 :
Exactly 95% of the area lies between t = _____

Question 55 :
_______ is important because it makes the data comprehensible.

Question 56 :
A bag contains 3 white and 2 black balls find the probability of drawing a white ball?