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"In the classification of probability distributions, the 'Erlang distribution' is also called", uniform distribution Multiple Choice Questions (MCQ) with choices beta distribution, alpha distribution, gamma distribution, and exponential distribution to study online MBA business courses. Learn probability distributions questions and answers to improve problem solving skills for online degrees.
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MCQ: In the classification of probability distributions, the 'Erlang distribution' is also called
- alpha distribution
- beta distribution
- gamma distribution
- exponential distribution
C
MCQ: In terms of mean absolute deviation, the quartile deviation is equal to
- 5⁄6 M.A.D
- 6⁄5 M.A.D
- 4⁄5 M.A.D
- 2⁄3 M.A.D
A
MCQ: Considering two projects for investment X and Y, the standard deviation of project A is USD $5650 and standard deviation of project B is 12, 680 then the project that must be selected for investment is
- consider both projects
- project B
- project A
- none of above
C
MCQ: In statistical procedures, the skewness is used to measure the
- amount of variance
- amount of upper tail values
- amount of dispersion
- direction of dispersion
C
MCQ: If the scatter or dispersion in the distribution is less on each side then this indicates
- high uniformity of data
- dispersion of data
- outliers of data
- low uniformity of data
A