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    MMPC 005 Important Questions

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    This document contains important questions related to statistics and probability. It lists key concepts such as measures of central tendency, distributions, hypothesis testing, correlation, and sampling. It also includes short notes on topics like the central limit theorem, coefficient of variation, and stratified sampling. Finally, it poses 12 questions asking about statistical hypotheses, measures of central tendency, statistical decision theory, probability and non-probability sampling, and stratification.

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    MMPC 005 Important Questions

    Uploaded by

    catch me
    97 views1 page
    This document contains important questions related to statistics and probability. It lists key concepts such as measures of central tendency, distributions, hypothesis testing, correlation, and sampling. It also includes short notes on topics like the central limit theorem, coefficient of variation, and stratified sampling. Finally, it poses 12 questions asking about statistical hypotheses, measures of central tendency, statistical decision theory, probability and non-probability sampling, and stratification.

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    MMPC 005 IMPORTANT QUESTIONS

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    This document contains important questions related to statistics and probability. It lists key concepts such as measures of central tendency, distributions, hypothesis testing, correlation, and sampling. It also includes short notes on topics like the central limit theorem, coefficient of variation, and stratified sampling. Finally, it poses 12 questions asking about statistical hypotheses, measures of central tendency, statistical decision theory, probability and non-probability sampling, and stratification.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    97 views1 page

    MMPC 005 Important Questions

    Uploaded by

    catch me
    This document contains important questions related to statistics and probability. It lists key concepts such as measures of central tendency, distributions, hypothesis testing, correlation, and sampling. It also includes short notes on topics like the central limit theorem, coefficient of variation, and stratified sampling. Finally, it poses 12 questions asking about statistical hypotheses, measures of central tendency, statistical decision theory, probability and non-probability sampling, and stratification.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    MMPC 005 IMPORTANT QUESTIONS

    PROBLEM RELATED QUESTIONS


    1. MEAN, MEDIAN AND MODE
    2. QUARTILE DEVIATION
    3. BINOMIAL, POISSON AND NORMAL DISTRIBUTION
    4. Variance, standard deviation
    5. Coefficient of correlation
    6. Skewness
    7. Testing of hypothesis (t-test, z-test, chi-square test)
    8. Finding correlation coefficient using regress equation and variance

    Short notes

    1. Central limit theorem


    2. Coefficient of variation
    3. Stratified sampling
    4. Systematic sampling
    5. Rank correlation
    6. Random variable
    7. Type I and Type II error

    8. What do you mean by a Statistical Hypothesis? Explain characteristics of a good hypothesis.


    Elaborate the concept of the significance level and the p value of a test.
    9. Describe the concept and significance of measures of central tendency. Define quantiles and
    discuss how you would compute several quantiles such as quartiles, deciles and percentiles.
    10. What is statistical decision theory? Describe the four different states of decision environment in
    managerial applications. Which is the most prevalent state?
    11. What is probability sampling and non-probability sampling? Briefly describe the four designs of
    probability sampling. Major difference between probability and non-probability sampling?
    12. What is stratification? How and why a sample based on stratification is more representative of
    the population?

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