Cost of Living Index is primarily used for: MCQ with Answer and Explanation
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Question #1
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If P(A)=0.35, P(B)=0.55, and P(A∩B)=0.20, then P(A'∩B') is:
Correct Answer: Option D
Explanation:
P(A∪B)=0.35+0.55-0.20=0.70. P(A'∩B') = 1 - 0.70 = 0.30.
P(A∪B)=0.35+0.55-0.20=0.70. P(A'∩B') = 1 - 0.70 = 0.30.
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Accountancy and Statistics
Statistics
Question #2
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In Bayes' theorem, the probability P(E_i|A) is called:
Correct Answer: Option B
Explanation:
The updated probability after observing the evidence is the posterior probability.
The updated probability after observing the evidence is the posterior probability.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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According to the Census of India 2011, the child sex ratio (0-6 years) was:
Correct Answer: Option C
Explanation:
Child sex ratio (0-6) was 919 females per 1000 males, lower than overall sex ratio.
Child sex ratio (0-6) was 919 females per 1000 males, lower than overall sex ratio.
This question belongs to:
Accountancy and Statistics
Statistics
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