If (AB)=(A)(B)/N, the attributes are: MCQ with Answer and Explanation

If (AB)=(A)(B)/N, the attributes are:
A. Independent
B. Negatively associated
C. Complete association
D. Positively associated
Answer: Option A
Solution (By JKExamLibrary)
That equation is the condition for independence of attributes.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
The wholesale price index in India is a:
A. Cost of living index
B. Index of industrial production
C. Price index for goods traded at the wholesale level
D. Consumer price index

Correct Answer: Option C


Explanation:
WPI measures wholesale price movements of goods.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
In a certain test, 5% of patients have a disease. The test is positive for 90% of diseased and 10% of healthy. If a patient tests positive, the probability they have the disease is about:
A. 0.90
B. 0.50
C. 0.10
D. 0.32

Correct Answer: Option D


Explanation:
P(D)=0.05, P(+|D)=0.9, P(+|D')=0.1. P(D|+) = (0.05×0.9) / (0.05×0.9 + 0.95×0.1) = 0.045/(0.045+0.095)=0.045/0.14≈0.321.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
If P(A)=0.35, P(B)=0.55, and P(A∩B)=0.20, then P(A'∩B') is:
A. 0.10
B. 0.80
C. 0.70
D. 0.30

Correct Answer: Option D


Explanation:
P(A∪B)=0.35+0.55-0.20=0.70. P(A'∩B') = 1 - 0.70 = 0.30.

This question belongs to: Accountancy and Statistics Statistics