The measure of chance of an uncertain event in the form of numerical f – McqOptions

MCQOPTIONS

1.	The measure of chance of an uncertain event in the form of numerical figures is classified as
A.	probability
B.	variability
C.	durability
D.	likelihood
Answer» B. variability

Discussion

No Comment Found

Related MCQs

If a bag contains three fruits, 16 percent are apples, 30 percent are oranges and 20 percent some other fruit that is neither oranges nor apples then the probability of selecting an orange randomly is
Political constancy is the chief aspect concerning
The maturity of debt instruments which faces more price fluctuations is
The stocks or shares that are sold to investors without transacting through financial institutions are classified as
The characteristics that are intended to be analyzed and investigated for a given population are classified as
The interview in which the candidate is asked about behavior in past for given situation is
If the factory has four machines, machines will be completely depreciated in next year and the chances of failure of all machines respectively are 0.24, 0.45, 0.35, 0.38 then the probability of failure of all machines before next year is
The interview which consists of a group of interviewers asking questions from interviewee is called
The relevant ordering costs are added into relevant carrying costs to calculate
For quality improvements, the philosophy which acts like a guide and provides solid foundation is classified as