F1B2C06 Hypothesis Testing Quiz

Which one of the following is not the property of normal distribution?

i. Order for seizure of books of accounts
ii. Order sanctioning prosecution under this act
iii. Order passed u/s 80 for payment of tax, interest and penalty
iv. All of the above

Which one of the following statement is incorrect regarding normal distribution ?

i. A and B
ii. C and D
iii. B,C and D
iv. All of the above

The average earning of FRM in India is Rs 12 Lacs per annum (normally distributed) with a standard deviation of Rs 2 Lacs. What is the 90% confidence interval for FRMs average earning?

i. Who has been dismissed from government service.
ii. Who has been adjudged as an insolvent
iii. An advocate practising in any court in India
iv. Who has been convicted of an offence.

The mean weight of basketball players in a country is 90Kg with a standard deviation of 5Kgs. In what is the range a randomly selected player would fall, if you have to tell with 99% confidence.

i. The amount of tax or ITC involved is upto Rs.5 lacs
ii. The difference in tax or ITC amount is upto Ts. 5 lacs
iii. The amount of fine, fee or penalty is upto Rs.5 lacs
iv. Any of the above

The earning of risk professionals in the USA is $10000 a month with a standard deviation of $1500. What is the probability that any randomly selected Risk professional is earning more than $13000? (Expect this type of question in the exam)?

i. Date of issue of provisional acknowledgement
ii. Date of filing of certified copy of order of Appellate authority’
iii. Earlier of I and ii
iv. Later of I and ii

The earning of risk professionals in the USA is $10000 a month with a standard deviation of $1500. What is the probability that any randomly selected Risk professional is earning more than $7500?

i. Date of issue of provisional acknowledgement
ii. Date of filing of certified copy of order of Appellate authority’
iii. Earlier of I and ii
iv. Later of I and ii

Average income per person in Chicago is $5000. With 95% confidence level it can be said that any randomly selected person earns in the range of $100 to $9900. What is the standard deviation of the average income per person in Chicago.

i. Code of Civil procedure, 1908
ii. Principle of natural justice
iii. Both of the above
iv. None of the above

The average EPS of a person invested in Banking stock $25. What is the Z value of for EPS of $35 for a banking stock?

i. 6 months
ii. 1 year
iii. 18 months
iv. 2 years

The average EPS of a person invested in Banking stock $25 with a standard deviation of $5. What is the Z value of for EPS of $35 for a banking stock?

i. Opinion of the president of National bench.
ii. Opinion of the members of National bench.
iii. Opinion of the Majority
iv. Any of the above

The average EPS of a person invested in Banking stock $25 with a standard deviation of $5. What is the probability of EPS range in between range $23 to $31?

i. Order that is subject to appeal before High court
ii. Order which has already been taken for revision at an earlier stage
iii. Both of the above
iv. None of the above

F1B2C06 Hypothesis Testing Quiz

F1B2C06 Hypothesis Testing Quiz

Shashank 14th May 2020

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