1254. Which of the following is not a requirement for binomial distribution ?
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A. A fixed number of trials

B. Only two possible outcomes

C. Constant Probability of Success

D. Equally likely outcomes
1256. In a binomial distribution mean and variance is _________________?
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A. None of these

B. Variance ? mean

C. Variance > mean

D. Mean < variance
1259. The mean and the variance are equal in________________?
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A. The hypergeometric distribution

B. The binomial distribution

C. The Poisson distribution

D. All probability distribution

1260. Which of the following is not a condition of the binomial distribution ?
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A. Have constant probability

B. Trials must be independent

C. Only 2 possible outcomes

D. Must have at least 3 trials
1264. The mean of a binomial distribution is always:____________________?
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A. Less than variance

B. None of these

C. Greater than varince

D. Equal to variance

1265. The variance of binomial distribution is always:________________?
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A. Equal to mean

B. None of these

C. Greater than mean

D. Equal to standard deviation

E. Less than mean
1267. The probability of success changes from trial to trial in:___________________?
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A. Geometric distribution

B. Sampling distribution

C. Hypergeometrical distribution

D. Binomial distribution

1274. Which of the following case is true for hyper geometric distribution________________?
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A. Probability remains constant for all the trials.

B. Probability changes from trial to trial

C. Successive trial are dependent

D. Both (b) & (c) but not (a)
1275. Binomial word discovered at the end of ________________?
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A. 10th century

B. 12th century

C. 17th century

D. 14th century

1276. In binomial distribution n=6 and p=0.9, then the value of______________?
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A. Zero

B. Less than zero

C. P(X=7) is

D. More than zero

E. One

1281. The binomial distribution is symmetrical when:______________?
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A. P > q

B. P = 1/2

C. Probability of success & probability of failure are equal

D. Both (b) & (c) but not (a)
1282. In binomial experiment, the experiment is repeated ______________?
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A. a large number times

B. n = 100

C. n; fixed number of times

D. n; where n < 0

1284. Link relative = ________________?
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A. Pn/Po x10

B. Pn/Po x100

C. None of these

D. Pn/pn-1 x100
1285. The Laspeyres and Paasche index are examples of_________________?
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A. Weighted index numbers

B. Aggregate index numbers

C. Weighted quantity index only

D. Weighted price index only

1286. Consumer price Index Number also called _________ is designed to measure changes?
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A. Cost Living Index number

B. weighted Index Number

C. Consumer Index Number

D. Whole Sale Index number

1287. Measure the change in quantity of goods are called ________________?
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A. Simple 1. No.

B. Appropriate

C. Quantity Index Number

D. Aggregative 1. No.

1289. The ratio of a new price to the base year price is called the___________?
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A. Price decrease

B. Price increase

C. Price relative

D. Price absolute

1290. Fishers ideal index number is also obtained by _______________?
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A. Taking A.M. of Laspeyres and Paasches index

B. Taking G.M. of Laspeyres and Paasches index

C. Both (a) and (b)

D. None of these

1292. A simple aggregate quantity index is used to______________?
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A. Measure the overall change in price of a range of products

B. Measure the change in quantity of product

C. Measure the change in price of a product

D. Measure the overall change in quantity of range of product.

1293. Price in proceeding year used in the method is called __________?
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A. Fixed Method

B. Chain Method

C. Aggregation Method

D. Volume

1294. The index number of base period is always:_______________?
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A. None of these

B. 200

C. The price of that year

D. 100
1295. Volume index in Marshall is _______________?
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A. ?pn(qo + qn)/?pn

B. ?pn(Po + Pn)/ ?pn (Po + Pn)

C. ?qn(qo + qn)/?qn(po + pn) x100

D. ?qn(Po + Pn)/ ?qo (Po + Pn) x100
1296. CPI also named as__________?
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A. Household price index

B. Retail price index

C. Both a and b

D. None of these

1297. G.M. between __________ is called to be Fishers Index Number?
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A. Fisher and Paasches

B. Paasches Index Number

C. Marshall and Laspeyres

D. Laspeyres and Paasches
1298. Most commonly used index number is___________?
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A. Value index number

B. None of these

C. Quantity index number

D. Price index number
1299. The object of Index number also determines its _______________?
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A. Special purpose

B. Reliable

C. Scope

D. Index Number

1300. An Index number of an average quality of wheat in Lahore__________ Index?
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A. Weighted Index Number

B. value Index Number

C. Volume Index Number

D. Quantity Index Number