Questions related to Video 1 (Simple Probability)

1) Two unbiased coins are tossed. What is probability of getting at most one tail?
a) ½ b) 1/3
c) 3/2 d) 3/4
2) Three unbiased coins are tossed, what is the probability of getting at least 2 tails?
a) 1/3 b) 1/6
c) 1/2 d) 1/8
3) In a throw of dice what is the probability of getting number greater than 5
a) 1/2 b) 1/3
c) 1/5 d) 1/6
4) What is the probability of getting a sum 9 from two throws of dice?
a) 1/2 b) 1/9
c) 1/5 d) 1/6
5) Two dice are thrown simultaneously. What is the probability of getting two numbers
whose product is even?
a) 3/4 b) 1/9
c) 1/5 d) 1/6
6) In a box, there are 8 red, 7 blue and 6 green balls. One ball is picked up randomly.
What is the probability that it is neither blue nor green?
a) 3/4 b) 8/21
c) 1/5 d) 1/6
7) From a pack of 52 cards, 1 card is drawn at random. Find the probability of a face
card drawn.
a) 3/13 b) 1/52
c) 1/4 d) 1/6
8) A coin is tossed three times. What is the probability of getting 2 heads?
a) 0.125 b) 0.50
c) 0.375 d) 0.875
9) A coin is tossed three times. What is the probability of getting at least 2 heads?
a) 0.125 b) 0.50
c) 0.375 d) 0.875
10) A dice is rolled twice. What is the probability of getting a difference of 2 points?
a) 2/9 b) 7/36
c) 1/9 d) 0

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

11) Two dice are thrown simultaneously. Find the probability that the sum of points on
the two dice would be 7 or more.
a) 7/36 b) 7/12
c) 29/36 d) 15/36
12) If two fair dice are rolled together, which of the following is more likely:
i) Getting a total of 7 or more.
ii) Getting a total of 7 or less.
a) (i) is more likely b) (ii) is more likely
c) Both are same d) Cannot be determined
13) A fair dice is rolled thrice. What is the probability that each time a six will appear?
a) 1/6 b) 1/36
c) 1/216 d) None of these
14) Three coins are tossed find the probability that 1 head appears
a) 1/6 b) 1/8
c) 3/8 d) 3/6
15) A fair coin is tossed four times. The probability of getting four heads is
a) 1/4 b) 1/2
c) 1/16 d) 1
16) A fair dice is rolled three times. The probability of getting three” aces” is
a) 1/3 b) 1/6
c) 1/216 d) 1/27

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 2 (Addition law of Probability)
17) A card is drawn from a pack of 52 cards. The probability of getting a queen of club or
a king of heart is
a) 3/4 b) 8/21
c) 1/26 d) 1/6
18) If a card is chosen from a standard deck of cards, what is the probability of getting a
five or a seven?
a) 4/52 b) 1/26
c) 8/52 d) 1/169
19) If you roll a pair of dice, what is the probability that (at least) one of the dice is a 4 or
the sum of the dice is 7?
a) 4/36 b) 13/36
c) 21/36 d) 15/36
20) If a card is chosen from a standard deck of cards, what is the probability of getting a
diamond (♦) or a club (♣)?
a) ½ b) ¼
c) 5/13 d) 3/13
21) A fair die is rolled. Probability of getting more than 4 or less than 3 is given by:
a) 1/4 b) 1/2
c) 2/3 d) 1/3
22) A fair die is rolled. Probability of getting even face or face more than 4 is:
a) 5/6 b) 1/2
c) 2/3 d) 1/3
23) Two dices are rolled. Probability of getting total less than 4 or total more than
10 is given by:
a) 10/36 b) 4/36
c) 1/6 d) 14/36
24) 2 Dices are rolled, 1 red and 1 blue. What is the probability of rolling a 6 on the red
or blue dice?
a) 1/6 b) 1/36
c) 11/36 d) 2/6
25) Two dice are thrown simultaneously. Find the probability that the sum of points on
the two dice would be 7 or more.
a) 7/36 b) 7/12
c) 29/36 d) 15/36

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

26) What is the chance of picking a spade or an ace not of spade from a pack of 52
cards?
a) 12/52 b) 9/13
c) 4/13 d) 1/52
27) If two fair dice are rolled together, which of the following is more likely:
i) Getting a total of 7 or more.
ii) Getting a total of 7 or less.
a) (i) is more likely b) (ii) is more likely
c) Both are same d) Cannot be determined
28) An integer is chosen randomly from the numbers 1, 2,..., 25 . What is the probability
that the chosen number is divisible by 3 or 4?
a) 17/19 b) 18/20
c) 12/25 d) 17/20

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 3 (Multiplication law of
Probability)
29) There are seven balls in a box out of which 2 are red, 2 green and 3 blue; two balls
are drawn, what is the probability that none is blue?
a) 2/7 b) 1/9
c) 3/8 d) 1/3
30) Three cards are drawn at random one by one with replacement from a pack of 52
cards. What is the probability that all are aces?
a) 1/5746 b) 1/169
c) 3/4 d) One of these
31) A bag contains 6 red and 8 green balls. If two balls are drawn without replacement,
then what is the probability that one is red and other is green.
a) 15/91 b) 91
c) 48/91 d) 28/91
32) In a bakery store there are 3 cakes of pineapple; 4 cakes of chocolate and 2 cakes
of strawberry and 1 is without cream. 2 cakes are purchased by a customer. Find the
probability that both are chocolate cakes.
a) 1/3 b) 3/5
c) 2/9 d) 2/15
33) There are 272 employees in an organization. 180 employees are graduates. 95 are
females. 145 graduates are males. What is the probability that a randomly selected
employee is a male and not graduates?

a) 0.1376 b) 0.1276
c) 0.1176 d) 0.1199
34) Since A and B are two dependent events.
P (A) = 0.25 P (B) = 0.33 P (A  B) = 0.43
Find P (A  B)

a) 0.6 b) 0.7
c) 0.5 d) 0.8
35) P(B/A) = P(B) then A and B are:
a) Independent Events b) Conditional Events
c) Mutually Exclusive Events d) Dependent Events
36) Two balls are drawn without replacement one after the other from a bag having 5
white and 8 black balls. What are the chances that the second ball drawn is black?
a) 8/14 b) 8/13
c) 4/10 d) None of these

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 4 (complimentary events of
Probability)
37) In a box, there are 8 red, 7 blue and 6 green balls. One ball is picked up randomly.
What is the probability that it is neither blue nor green?
e) 3/4 f) 8/21
g) 1/5 h) 1/6
38) In a group of students 50% of the students were taking statistics subject, 30%
economics and 10% both the subjects. What is the probability that a student was
taking neither statistics nor economics?
a) 0.30 b) 0.70
c) 0.90 d) None of these
39) Two athletes A and B participate in a race along with other athletes. If the chance of
A winning the race is 1/16 and that of B winning the same race is 1/8, what is the
chance that neither wins the race?
a) 3/9 b) 2/7
c) 13/16 d) None of these
40) There are seven balls in a box out of which 2 are red, 2 green and 3 blue; two balls
are drawn, what is the probability that none is blue?
a) 2/7 b) 1/9
c) 3/8 d) 1/3
41) Three missiles are fired at a target. If the probability of hitting the target are 4/5, 5/10
& 6/10 respectively & if all the missiles are fired independently. The probability that
at least two missiles will hit to the target is:
a) 40% b) 0.9
c) 7/ 10 d) 0.1

Data for following three questions

A husband and wife were interviewed for two different posts in the same organization.
The probability of husband’s selection is 1/7 and that of wife’s selection is 1/5. What is
the probability that:
42) Both of them will be selected.
a) 2/35 b) 33/35
c) 1/35 d) None of these
43) None of them will be selected.
a) 2/35 b) 33/35
c) 1/35 d) None of these

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

44) Only one of them will be selected.
a) 1/7 b) 4/5
c) 2/7 d) 1/5

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 5 (conditional Probability)
45) A fair die is rolled. Probability of getting even face given that face is less than 5
is given by:
a) 1/2 b) 5/6
c) 2/6 d) 4/6
46) Two coins are tossed. Probability of getting two heads given that there is at
least one head is given by:
a) 1/4 b) 1/2
c) 1/3 d) 2/3
47) Two dice are rolled. Probability of getting a total of 4 given that both-faces are
similar is:
a) 5/36 b) 1/36
c) 4/36 d) 1/6
Using the given data, answer the following two question.
Course Result
Final Result

Pass Fail
Pass 142 34
Fail 89 56

48) What is the probability that a student, taken at random from my class, would have
passed the class, given that they failed the final?
a) 0.72 b) 0.61
c) 0.44 d) 0.55
49) What is the probability that a student, taken at random from my class, would have
failed the class, given that they failed the final?
a) 0.72 b) 0.61
c) 0.44 d) 0.39

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 6 (two-way Classification)
50) A census of a company’s 500 employees in regards to a certain proposal revealed
that 125 of its 150 white-collar workers are in favour of the proposal, and a total of
125 workers opposed the proposal. All the workers can be classified as either white-
collar or blue-collar. An employee is selected at random, what is the probability that
he is in favour of the proposal?

a) 0.74 b) 0.65
c) 0.75 d) 0.55
51) There are 272 employees in an organization. 180 employees are graduates. 95 are
females. 145 graduates are males. What is the probability that a randomly selected
employee is a male and not graduates?

a) 0.1376 b) 0.1276
c) 0.1176 d) 0.1199
52) A large batch of items comprises some manufactured by process X and some by
process Y. There are twice as many items from X as from Y in a batch. Items from
process X contain 9% defectives and those from Y contain 12% defectives. If an
item is taken at random from the batch and found to be defective. What is the
probability that it came from Y?
a) 0.1 b) 0.4
c) 0.04 d) 0.14
53) In a group of students 50% of the students were taking statistics subject, 30%
economics and 10% both the subjects. What is the probability that a student was
taking neither statistics nor economics?
a) 0.30 b) 0.70
c) 0.90 d) None of these
Using the given data, answer the following three question.
Course Result
Final Result

Pass Fail
Pass 142 34
Fail 89 56

54) What is the probability that a student, taken at random from my class, would have
passed my course?
a) 0.72 b) 0.61
c) 0.44 d) 0.55

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

55) What is the probability that a student, taken at random from my class, would have
passed the final?
a) 0.72 b) 0.61
c) 0.44 d) 0.55
56) What is the probability that a student, taken at random from my class, would have
passed the class and the final?
a) 0.72 b) 0.61
c) 0.44 d) 0.55

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 7 & 8 (Rules of Counting and
factorials)
57) An orderly arrangement of things is called:
a) Combination b) Permutation
c) Probability d) Sample space
58) Suppose that you have a bag filled with 50 marbles, 15 of which are green. What is
the probability of choosing exactly 3 green marbles if a total of 10 marbles are
selected?
a) 0.2045 b) 0.2979
c) 0.2615 d) 0.1568
59) In how many different ways can the letters of the word 'LEADING' be arranged in
such a way that the vowels always come together?
a) 360 b) 480
c) 540 d) 720
60) Out of 7 consonants and 4 vowels, how many words of 3 consonants and 2 vowels
can be formed?
a) 210 b) 1050
c) 25200 d) 21400
61) In how many different ways can the letters of the word 'DETAIL' be arranged in such
a way that the vowels occupy only the odd positions?
a) 6 b) 12
c) 18 d) 36
62) How many five digit positive integers that are divisible by 3 can be formed using the
digits 0, 1, 2, 3, 4 and 5, without any of the digits getting repeating
a) 15 b) 96
c) 216 d) 120
63) 5 digits are given 2, 3, 4, 7, 8. Find the probability that 5-digit number will be made
such that 7 is first number and 8 is last number.
a) 6/10 b) 8/15
c) 3/14 d) 1/20
64) Following numbers are given 1, 2, 5, 6, 8, 9 you are required to make a 3-digit
number which is divisible by 5. How many arrangements are possible?
a) 20 ways b) 120 ways
c) 42 ways d) 10 ways
65) How many 3-digit numbers can be formed from the digits 2, 3, 5, 6, 7 and 9, which
are divisible by 5 and none of the digits is repeated?
a) 5 b) 10

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

 c) 15 d) 20
66) In a bakery store there are 3 cakes of pineapple; 4 cakes of chocolate and 2 cakes
of strawberry and 1 is without cream. 2 cakes are purchased by a customer. Find the
probability that both are chocolate cakes.
e) 1/3 f) 3/5
g) 2/9 h) 2/15
67) There are 6 digits 1,3,4,5,7,9. A three-digit number is to be made from these
numbers which should be divisible by 2. (No repetition of numbers). Find all possible
ways.
a) 20 ways b) 120 ways
c) 42 ways d) 10 ways
68) A 5-digit pin code is required which should start with 7 at first digit and 8 as last digit.
You can choose any number from 0 to 9. Repetition of number is also allowed. Find
the probability of such code
a) 1/100 b) 1/10
c) 1/9 d) 1/99
69) A group of items chosen from a larger number without regard for their order is called
______.
a) Permutation b) Combination
c) Addition law d) Multiplication law
70) There are 10 balls in a bag each ball carrying a different number from 1 to 10. Three
balls are selected at random from the bag and not replaced before the next draw is
made. How many possible combinations are there?
a) 720 b) 20
c) 120 d) 540
71) Five students from AFC class of 10 are to be chosen to attend a competition. One
must be the head boy. How many possible teams are there?
a) 126 b) 120
c) 142 d) 24
72) The word is "BINOMIAL " in how many ways word can be written from these
alphabets?
a) 20,160 b) 1680
c) 1440 d) 840
73) In how many ways the word BINOMIAL can be arranged given vowels always
together
a) 40320 b) 1680
c) 1440 d) 840

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

74) In how many ways the word BINOMIAL can be arranged given vowels are not
together
a) 20,160 b) 1,440
c) 1680 d) 18,720
75) In how many ways the word “CORRECT” can be arranged?
a) 5040 b) 2520
c) 1260 d) 210
76) Qadir has 4 sisters who ring him once every Saturday. How many possible
arrangements of phone calls could there be?
a) 6 b) 32
c) 18 d) 24
77) How many ways can the letters in PAKISTAN be arranged?
a) 10260 b) 20160
c) 18420 d) 12450
78) How many different permutations are possible of 7 identical red books and 5
identical green books on a shelf?
a) 792 b) 1020
c) 672 d) 120

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Questions related to Video 9,10,11 (Binomial Distribution)
Data for following 5 questions
According to municipal records 80% of the families living in certain area, own a car. If 5
families are randomly selected from this area, calculate the probability that:
1) No family out of 5 will own a car.
a) 0.00032 b) 0.0064
c) 0.0512 d) 0.99968
2) 1 family out of 5 will own a car.
a) 0.00032 b) 0.0064
c) 0.0512 d) 0.99968
3) 2 families out of 5 will own a car.
a) 0.00032 b) 0.0064
c) 0.0512 d) 0.99968
4) 3 families out of 5 will own a car.
a) 0.00032 b) 0.0064
c) 0.2048 d) 0.99968
5) *At least one family out of 5 will own a car.
a) 0.00032 b) 0.0064
c) 0.2048 d) 0.99968

Data for following two Questions

A salesman has estimated that the probability of making a sale when calling on a
customer is 0.5. If this salesman calls on 5 customers on a given day.
6) What is the probability of making exactly 3 sales?

a) 0.3225 b) 0.3125
c) 0.2995 d) None of the above
7) What is the probability of making exactly 5 sales?

a) 0.04125 b) 0.02125
c) 0.03125 d) None of the above
8) A binomial random variable has a mean of 200 and a standard deviation of 10. Find
the values of n and p.

a) n=400 and p = 0.10 b) n=400 and p = 0.5

c) n=40 and p = 0.10 d) n=400 and p = 0.05

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

9) The mean and variance of a binomial random variable and 3.5 and 1.05
respectively. Fine the parameter n
a) 5 b) 7
c) 6 d) 8

Data for following two Questions

A pharmaceutical company produces a cough syrup in bottles and finds that only 6% of
these bottles are defective.
10) If 6 of such bottles are selected, what is the probability that one would be defective?

a) 0.2650 b) 0.2560
c) 0.2642 d) 0.2742
11) If samples of 6 bottles are selected in a similar way, 100 times, how many times the
selection would consists of exactly one defective.

a) 28 times approximately. b) 27 times approximately.

c) 25 times approximately. d) 26 times approximately.

Data for following three Questions

A car manufacturing company has determined that 30% if all oil tanks that were
installed on its 1988 product are defective.
12) If 5 cars are recalled, what is the probability that more than 2 will need new oil
tanks?

a) 0.1763 b) 0.1531
c) 0.1699 d) 0.1631
13) What is the average number of cars with defective oil tanks out of 10,000 cars?

a) 3500 b) 3300
c) 3000 d) 3200
14) If 5 cars are recalled, what is the probability that no car will need a new oil tank?

a) 0.1681 b) 0.1581
c) 0.1781 d) 0.1481
Questions related to Video 12 & 13 (Poisson Distribution)

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15) The administration of a telephone company claims that only 2.5% of the telephone
owners are dissatisfied with the company. In order to verify the claim of the
company, a random sample of 30 telephone owners is obtained. Assuming that the
claim of the company is true, obtain the probability that out of 30 owners, the
member of dis-satisfied owners would be less than 3.

a) 0.9916 b) 0.9594
c) 0.93601 d) 0.09615
16) Of the bolts produced by a factory, 2% are defective. In a shipment of 3600 bolts
from the factory, find the expected number of defective bolts and the standard
deviation.
a) Mean 72 and SD 8.49 b) Mean 72 and SD 8.40
c) Mean 7.2 and SD 8.4 d) None of these

Data for following two Questions

A loan officer in a bank estimates that the probability of default by an applicant is 0.025.
Last month the bank approved 40 loan applications. Using Poisson distribution, find:
17) The probability that 3 loans will be defaulted.

a) 0.939 b) 0.061
c) 0.366 d) 1
18) The probability that at least 3 loans will be defaulted.

a) 0.08 b) 0.92
c) 0.061 d) 0

Data for following three questions

Small Insurance Company receives an average of 8 insurance claims daily during the
month of Ramadan every year. Using Poisson distribution, find the probability that on a
certain day in Ramadan the company will receive:
19) No insurance claim.
a) 0.000335 b) 0.00335
c) 0.0355 d) None of these
20) Less than four insurance claims.
a) 0.04238 b) 0.05238
c) 0.1256 d) 1.0
21) At least two insurance claims.
a) 0.002684 b) 0.1253
c) 0.997 d) None of these
Questions related to Video 14 to 24 (Normal Distribution)

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Data for following two Questions
A production supervisor finds that employees, on the average, complete a task in ten
minutes. The times required to complete the task are approximately normally distributed
with a standard deviation of three minutes.
22) The proportion of employees requiring more than five minutes, completing the task.

a) 94.25% b) 95.25%
c) 90.25% d) 93.25%
23) The proportion of employees requiring less than five minutes, completing the task.

a) 4.75% b) 3.75%
c) 4.65% d) 4.95%

Data for following two Questions

Scores made by employees on a manual dexterity are normally distributed with a mean
of 600 and standard deviation of 100.
24) What proportion of employees taking the test is scored between 450 and 700?

a) 77.45% b) 78.45%
c) 76.45% d) 77.85%
25) Management has decided that those employees whose scores are among the top
10% will be considered for promotion to a better job. What score must an employee
in order to be eligible for promotion?

a) 738 b) 837
c) 728 d) 628

Data for following two Questions

Student who have taken a standardized aptitude test for graduate study have a mean
score of  = 500, with the standard deviation  = 100. The scores are normally
distributed.
26) What is the score at the 50th percentile for the distribution of scores?

a) 550 b) 500
c) 525 d) 600
27) What is the approximate middle 95% range for this distribution of scores?

a) 404 to 696 b) 304 to 596

c) 304 to 696 d) 304 to 96

Data for following two Questions

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE

Suppose that 40 and 90 are two observations of a population data and that their Z
scores are -2 and 3 respectively.
28) Using just this information, is it possible to determine the population’s mean
If so, what it will be?
a) 65 b) 60
c) 55 d) Impossible
29) Using just this information is it possible to determine the population’s standard
deviation? If so, what it will be?

a) 15 b) 20
c) 10 d) Impossible
30) A section of a tunnel is lit by 2000 electric bulbs which are kept burning day and
night. The manufacturer says that the lives of the bulbs are normally distributed
about a mean of 820 hours with standard deviation of 90 hours. How many electric
bulbs will be expected to fail before 1000 hours?
a) 1954 b) 820
c) 1000 d) 1545
Of the items produced by a certain company, 13% are defective. A sample of 25 items
is selected for inspection.
31) What is the probability that less than four defectives are found?

a) 0.5877 b) 0.4596
c) 0.5596 d) 0.6596
32) What is the probability that three or more defectives are found?

a) 0.5736 b) 0.6483
c) 0.6236 d) 0.6636
33) Mean = 0 standard deviation = 1 in ____________ distribution.

a) Normal b) Standard Normal

c) Binomial d) Poisson

Prepared by: Dawood Shahid CA(f), CPA, MPhil, MBA, OCE