## MTH302 Business Mathematics and Statistics MCQs

MTH302-Business Mathematics and Statistics study material for students of virtual university of Pakistan. Download Past(old) Papers solved/unsolved, past assignments, quiz, mcqs, lecture notes, video lectures, handouts, books of MTH302-Business Mathematics and Statistics

Question | Added By |
---|---|

16If arrivals follow a Poisson distribution with mean 1.2 arrivals per minute, find the 75th percentile of waiting times (i.e., 75 percent below). Take MCQ | seeart |

15Which statement is incorrect? Take MCQ | seeart |

14A software developer makes 200 phone calls to its current customers. There is an 8 percent chance of reaching a given customer (instead of a busy signal, no answer, or answering machine). The approximate normal probability of reaching at least 15 customers is Take MCQ | seeart |

13If freeway speeds are normally distributed with a mean of μ = 70 mph and σ = 7 mph, about what percent of cars will exceed 78 mph? Take MCQ | seeart |

12The length of brook trout caught in a certain Colorado stream has a mean of 14 inches and a standard deviation of 3 inches. What lower limit should the State Game Commission set on length, if it is desired that 80 per cent of the catch may be kept by fisherpersons? Take MCQ |
seeart |

11The length of brook trout caught in a certain Colorado stream has a mean of 14 inches and a standard deviation of 3 inches. The first quartile for the lengths of brook trout would be Take MCQ | seeart |

10The length of brook trout caught in a certain Colorado stream has a mean of 14 inches and a standard deviation of 3 inches. What proportion of these trout will be between 12 and 18 inches? Take MCQ |
seeart |

9Assume that X is normally distributed with a mean μ = $64. Given that P(X ≥ $75) = 0.2981, we can calculate that the standard deviation of X is approximately Take MCQ | seeart |

8The variable Z has a standard normal distribution. The probability P(Z ≤ -1.37) is equal to Take MCQ | seeart |

7The variable Z has a standard normal distribution. The probability P(1.25 ≤ Z ≤ 2.17) is Take MCQ | seeart |