Statistics And Methodology - Statistics And Methodology Section 1

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11. The transaction is processed for

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12. Which of the following is/are true statements?

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13. Which of the following statement is correct about Electronic Business Technology?

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14. Match the following

List-I (Probability)    List-II (Formula)
(A) P(A ∪ B)           1. P(A ∩ B)/P(B)
(B) P(A/B)         2. P(B/A) x P(A)
(C) P(B ∩ A)       3. P(A) + P(B)
(D) P(B/A)     4. P(A ∩ B)/P(A)

CODES

 ABCD
I1234
II4321
III3124
IV3214

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15. Match the following

List-I (Outcome State)List-II (Explanation)
(A) Certainty1. Multiple outcomes for each alternative can be identified, but there is no knowledge of the probability to be attached to each.
(B) Risk2. Complete and accurate knowledge of the outcome of each alternative. There is only one outcome for each alternative.
(C) Uncertainty3. Multiple possible outcomes of each alternative can be identified, and a probability of occurrence can be attached to each.
  

CODES

 ABC
I123
II321
III231
IV213

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