In Bayes' theorem, P(A|B) is called: MCQ with Answer and Explanation
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Question #1
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A box has 2 red, 3 blue, 5 green balls. Probability of drawing a green ball is:
Correct Answer: Option A
Explanation:
Total balls = 10, green = 5, probability = 5/10 = 1/2. But option B says 5/10, which is the same. So B is correct.
Total balls = 10, green = 5, probability = 5/10 = 1/2. But option B says 5/10, which is the same. So B is correct.
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Accountancy and Statistics
Statistics
Question #2
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Cost of Living Index numbers are also known as:
Correct Answer: Option C
Explanation:
Cost of Living Index measures changes in retail prices of goods and services consumed by households, essentially the Consumer Price Index.
Cost of Living Index measures changes in retail prices of goods and services consumed by households, essentially the Consumer Price Index.
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Accountancy and Statistics
Statistics
Question #3
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If P(A)=0.4, P(B)=0.5, and A and B are independent, then P(A∪B) is:
Correct Answer: Option C
Explanation:
0.4+0.5 - (0.4×0.5)=0.9-0.2=0.7.
0.4+0.5 - (0.4×0.5)=0.9-0.2=0.7.
This question belongs to:
Accountancy and Statistics
Statistics
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