<<12345678910111213141516171819202122>> 1. What does the mean value of the Normal Distribution represent?The peak of the curveThe width of the curveThe symmetry of the curveThe central location of the distributionQuestion 1 of 22 2. How is the mean value denoted in the Normal Distribution?Sigma (s)Tau (t)Mu Theta (?)Question 2 of 22 3. What does the standard deviation represent in the Normal Distribution?The peak of the curveThe width of the curveThe symmetry of the curveThe central location of the distributionQuestion 3 of 22 4. How is the standard deviation denoted in the Normal Distribution?Sigma (s)Tau (t)Mu Theta (?)Question 4 of 22 5. What is the base of the natural logarithm used in the PDF of the Normal Distribution?10epv2Question 5 of 22 6. What does x represent in the PDF of the Normal Distribution?The cumulative distribution functionThe standard deviationThe mean valueThe random variableQuestion 6 of 22 7. What is the characteristic property of symmetry in the Normal Distribution?SkewnessAsymmetryUnimodalitySymmetry around the meanQuestion 7 of 22 8. What does unimodality mean in the context of the Normal Distribution?Having multiple modesHaving a single mode or peakHaving no modeHaving a symmetrical shapeQuestion 8 of 22 9. What does the Central Limit Theorem state about the Normal Distribution?The distribution is always skewedThe mean and variance are unrelatedThe total of a large number of independent random variables approaches a normal distributionThe distribution is always unimodalQuestion 9 of 22 10. How can the Normal Distribution be standardized?By subtracting the standard deviation from each observationBy dividing each observation by the meanBy adding the mean to each observationBy subtracting the mean from each observation and dividing by the standard deviationQuestion 10 of 22 11. What is the result of standardizing the Normal Distribution?A distribution with a mean of 1 and a standard deviation of 0A distribution with a mean of 0 and a standard deviation of 1A distribution with a mean of 1 and an unchanged standard deviationA distribution with a mean of 0 and an unchanged standard deviationQuestion 11 of 22 12. What is the Empirical Rule for a normal distribution?Approximately 50% of the observations fall within one standard deviation of the meanApproximately 68% of the observations fall within one standard deviation of the meanApproximately 95% of the observations fall within one standard deviation of the meanApproximately 99.7% of the observations fall within one standard deviation of the meanQuestion 12 of 22 13. How much of the observations in a normal distribution fall within two standard deviations of the mean according to the Empirical Rule?Approximately 50%Approximately 68%Approximately 95%Approximately 99.7%Question 13 of 22 14. According to the Empirical Rule, what percentage of observations in a normal distribution fall within three standard deviations of the mean?Approximately 50%Approximately 68%Approximately 95%Approximately 99.7%Question 14 of 22 15. The marks obtained by students in a college are Normally distributed with a mean of 75 and a standard deviation of 5. Given, (P (00.84130.15870.34130.5Question 15 of 22 16. The marks obtained by students in a college are Normally distributed with a mean of 75 and a standard deviation of 5. Given, (P (00.34130.47720.02280.9772Question 16 of 22 17. Getting a number 10 on a dice is an example ofMutually Exclusive eventsCertain eventComplement eventsImpossible eventQuestion 17 of 22 18. If X follows Binomial distribution with n= 7, p=1/2, then Mode is3.5343 and 4Question 18 of 22 19. Let X= The number of defects that occur in a computer monitor of a certain size with average number of defects = 5. P(X>5) is0.3840.6160.440.556Question 19 of 22 20. Value at Risk for a given equity portfolio is:The underlying volatility of equity portfolio.The maximum loss that can be experienced in the equity portfolio over a specified holding perioD.The worst-case loss that can be experienced in the equity portfolio with a certain level of probability.Both B. and C.Question 20 of 22 21. Life of torch battery ~ N (50, 9) The probability that Lifetime will be between 53 and 55 is (Given P (00.11120.45250.34130Question 21 of 22 22. The probability that a number selected at random from the first 50 natural numbers is a prime number is21/2512/915/50Question 22 of 22 Loading...
