In a binomial distribution with n=5 and p=0.4, the probability of exactly 2 successes is: MCQ with Answer and Explanation

In a binomial distribution with n=5 and p=0.4, the probability of exactly 2 successes is:
A. 0.2304
B. 0.5
C. 0.3456
D. 0.4
Answer: Option C
Solution (By JKExamLibrary)
C(5,2)(0.4)^2(0.6)^3 = 10 × 0.16 × 0.216 = 0.3456.

This question belongs to: Accountancy and Statistics Statistics

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1 Report Error
Which method is suitable when the informants are not literate?
A. Telephonic interview
B. Direct personal interview
C. Online survey
D. Mailed questionnaire

Correct Answer: Option B


Explanation:
Direct personal interview enables the enumerator to explain questions and record answers accurately, especially for illiterate respondents.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Which of the following is a measure of fertility?
A. Standardized Death Rate
B. Maternal Mortality Ratio
C. Total Fertility Rate
D. Infant Mortality Rate

Correct Answer: Option C


Explanation:
Total Fertility Rate (TFR) measures the average number of children a woman would bear; it's a fertility measure.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
Laspeyres index tends to ______ the price increase.
A. Ignore
B. Overstate
C. Understate
D. Perfectly measure

Correct Answer: Option B


Explanation:
Because it uses fixed base period quantities, Laspeyres index does not account for substitution away from goods that have become relatively expensive.

This question belongs to: Accountancy and Statistics Statistics