DATE:9-7-23 CODE:CF-3630 MARKS:100

BATCH:F130 + C138 (NOV.23)

CA FOUNDATION
Business Mathematics and Logical Reasoning & Statistics
SYLLABUS:FULL STATS
1. If two letters are taken at random from the word HOME, what is the Probability that none of the letters would be
vowels?
(a) 1/6 (b) 1/2 (c) 1/3 (d) 1/4
2. If x and y are random variables having expected values as 4.5 and 2.5 respectively, then the expected value of (x–y)
is
(a) 2 (b) 7 (c) 6 (d) 0
3. What is the probability of having at least one ‘six’ from 3 throws of a perfect die?

4. The wage of workers of a factory follow

(a) Binomial distribution. (b) Poisson distribution.
(c) Normal distribution. (d) Chi-square distribution.
5. Number of misprints per page of a thick book follows
(a) Normal distribution. (b) Poisson distribution.
(c) Binomial distribution. (d) Standard normal distribution.
6. An experiment is known to be random if the results of the experiment
(a) Can not be predicted (b) Can be predicted
(c) Can be split into further experiments (d) Can be selected at random.
7. Which of the following pairs of events are mutually exclusive?
(a) A : The student reads in a school. B : He studies Philosophy.
(b) A : Raju was born in India. B : He is a fine Engineer.
(c) A : Ruma is 16 years old. B : She is a good singer.
(d) A : Peter is under 15 years of age. B : Peter is a voter of Kolkata.
8. If , then the two events A and B are
(a) Mutually exclusive (b) Exhaustive (c) Equally likely (d) Independent.
9. If an unbiased coin is tossed once, then the two events Head and Tail are
(a) Mutually exclusive (b) Exhaustive (c) Equally likely (d) All these (a), (b) and (c).
10.
(a) Independent (b) Dependent (c) Not equally likely (d) Not exhaustive.
11. The ________ makes index numbers time-reversible.
a) A.M. b) G.M. c) H.M. d) none
12. Index number is equal to
a) sum of price relatives b) average of the price relatives
c) product of price relative d) none
13. Circular Test is one of the tests of
a) index numbers b) hypothesis c) both d) none
14. Fisher’s Ideal Formula for calculating index numbers satisfies the _______ tests
(a) Unit Test (b) Factor Reversal Test (c) both (d) none
15. _________________ satisfies circular test
a) G.M. of price relatives or the weighted aggregate with fixed weights
b) A.M. of price relatives or the weighted aggregate with fixed weights
c) H.M. of price relatives or the weighted aggregate with fixed weights
d) none
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16. If two events A and B are independent, then
(a) A and the complement of B are independent (b) B and the complement of A are independent
(c) Complements of A and B are independent (d) All of these (a), (b) and (c).
17. If two events A and B are mutually exclusive, then
(a) They are always independent (b) They may be independent
(c) They can not be independent (d) They can not be equally likely.
18. If P(A) = 1, then the event A is known as
(a) symmetric event (b) dependent event (c) improbable event (d) sure event.
19. If P(A) = 5/9, then the odds against the event A is
(a) 5 : 9 (b) 5 : 4 (c) 4 : 5 (d) 5 : 14
20. If A denotes that a student reads in a school and B denotes that he plays cricket, then

21. Which of he following measures of central tendency is based on only fifty percent of the central values?
(a) Mean (b) Median (c) Mode (d) Both (a) and (b)
22. If all the observations are multiplied by 2, then
(a) New SD would be also multiplied by 2 (b) New SD would be half of the previous SD
(c) New SD would be increased by 2 (d) New SD would be decreased by 2.
23. For any two numbers SD is always
(a) Twice the range (b) Half of the range
(c) Square of the range (d) None of these.
24. The range of 15, 12, 10, 9, 17, 20 is
(a) 5 (b) 12 (c) 13 (d) 11.
25. Which measure of dispersion is considered for finding a pooled measure of dispersion after combining several
groups?
(a) Mean deviation (b) Standard deviation (c) Quartile deviation (d) Any of these
26. If there are two variables x and y, then the number of regression equations could be
(a) 1 (b) 2 (c) Any number (d) 3.
27. What is the quickest method to find correlation between two variables?
(a) Scatter diagram (b) Method of concurrent deviation
(c) Method of rank correlation (d) Method of product moment correlation
28. If there is a perfect disagreement between the marks in Geography and Statistics, then what would be the value of
rank correlation coefficient?
(a) Any value (b) Only 1 (c) Only –1 (d) (b) or (c)
29. For finding correlation between two attributes, we consider
(a) Pearson’s correlation coefficient (b) Scatter diagram
(c) Spearman’s rank correlation coefficient (d) Coefficient of concurrent deviations.
30. In case the correlation coefficient between two variables is 1, the relationship between the two variables would be

31. P(A/B’) is defined only when

(a) B is not a sure event (b) B is a sure event
(c) B is an impossible event (d) B is not an impossible event.
32. The limitations of the classical definition of probability
(a) it is applicable when the total number of elementary events is finite
(b) it is applicable if the elementary events are equally likely
(c) it is applicable if the elementary events are mutually independent
(d) (a) and (b).

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33. The Theorem of Compound Probability states that for any two events A and B.

34. If x and y are independent, then

35. f(x), the probability mass function of a random variable x satisfies

36. The coefficient of correlation between two variables

(a) Can have any unit. (b) Is expressed as the product of units of the two variables
(c) Is a unit free measure (d) None of these.
37. Product moment correlation coefficient may be defined as the ratio of
(a) The product of standard deviations of the two variables to the covariance between them
(b) The covariance between the variables to the product of the variances of them
(c) The covariance between the variables to the product of their standard deviations
(d) Either (b) or (c).
38. If the value of correlation coefficient is positive, then the points in a scatter diagram tend to cluster
(a) From lower left corner to upper right corner (b) From lower left corner to lower right corner
(c) From lower right corner to upper left corner (d) From lower right corner to upper right corner.
39. Pearson’s correlation coefficient is used for finding
(a) Correlation for any type of relation (b) Correlation for linear relation only
(c) Correlation for curvilinear relation only (d) Both (b) and (c).
40. The correlation between the speed of an automobile and the distance travelled by it after applying the brakes is
(a) Negative (b) Zero (c) Positive (d) None of these.
41. Statistics is defined in terms of numerical data in the
(a) Singular sense (b) Plural sense (c) Either (a) or (b) (d) Both (a) and (b).
42. Statistics is concerned with
(a) Qualitative information (b) Quantitative information
(c) (a) or (b) (d) Both (a) and (b).
43. Annual income of a person is
(a) An attribute (b) A discrete variable
(c) A continuous variable (d) (b) or (c).
44. Nationality of a student is
(a) An attribute (b) A continuous variable
(c) A discrete variable (d) (a) or (c).
45. Age of a person is
(a) An attribute (b) A discrete variable
(c) A continuous variable (d) A variable.
46. The most important continuous probability distribution is known as
(a) Binomial distribution. (b) Normal distribution.
(c) Chi-square distribution. (d) Sampling distribution.
47. A binomial distribution with parameters n and p can be approximated by a Poisson distribution with parameter m =
np is

48. Poisson distribution may be

(a) unimodal. (b) bimodal. (c) Multi-modal. (d) (a) or (b).
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49. Which one is uniparametric distribution?
(a) Binomial. (b) Poisson. (c) Normal. (d) Hyper geometric.
50. The maximum value of the variance of a binomial distribution with parameters n and p is
(a) n/2. (b) n/4. (c) np (1 – p). (d) 2n.
51. There is no such thing as unweighted index numbers
(a) false (b) true (c) both (d) none
52. Laspeyre’s or Paasche’s or the Fisher’s ideal index do not satisfy
(a) Time Reversal Test (b) Unit Test (c) Circular Test (d) none
53. The test of shifting the base is called
(a) Unit Test (b) Time Reversal Test (c) Circular Test (d) none

54.
(a) True (b) false (c) both (d) none
55. We use price index numbers
(a) To measure and compare prices (b) to measure prices
(c) to compare prices (d) none
56. Which measure of dispersion has some desirable mathematical properties?
(a) Standard deviation (b) Mean deviation (c) Quartile deviation (d) All these measures
57. The appropriate measure of dispersion for open-end classification is
(a) Standard deviation (b) Mean deviation (c) Quartile deviation (d) All these measures.
58. Which measure is based on only the central fifty percent of the observations?
(a) Standard deviation (b) Quartile deviation (c) Mean deviation (d) All these measures
59. Which measures of dispersions is not affected by the presence of extreme observations?
(a) Range (b) Mean deviation (c) Standard deviation (d) Quartile deviation
60. Which one is an absolute measure of dispersion?
(a) Range (b) Mean Deviation
(c) Standard Deviation (d) All these measures
61. For a particular class boundary, the less than cumulative frequency and more than cumulative frequency add up to
(a) Total frequency (b) Fifty per cent of the total frequency
(c) (a) or (b) (d) None of these.
62. Relative frequency for a particular class
(a) Lies between 0 and 1 (b) Lies between 0 and 1, both inclusive
(c) Lies between –1 and 0 (d) Lies between –1 to 1.
63. Median of a distribution can be obtained from
(a) Frequency polygon (b) Histogram
(c) Less than type ogives (d) None of these.
64. Frequency curve is a limiting form of
(a) Frequency polygon (b) Histogram (c) (a) or (b) (d) (a) and (b).
65. The distribution of profits of a company follows
(a) J-shaped frequency curve (b) U-shaped frequency curve
(c) Bell-shaped frequency curve (d) Any of these.
66.

67. The quartile deviation of a normal distribution with mean 10 and SD 4 is

(a) 0.675. (b) 67.50. (c) 2.70. (d) 3.20.
68. The mean and mode of a normal distribution
(a) may be equal. (b) may be different. (c) are always equal. (d) (a) or (b).
69. Area of the normal curve

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70. The normal curve is
(a) Bell-shaped. (b) U- shaped. (c) J-shaped. (d) Inverted J-shaped.
71. If the plotted points in a scatter diagram lie from upper left to lower right, then the correlation is
(a) Positive (b) Zero (c) Negative (d) None of these.
72. What is spurious correlation?
(a) It is a bad relation between two variables.
(b) It is very low correlation between two variables.
(c) It is the correlation between two variables having no causal relation.
(d) It is a negative correlation.
73. Correlation analysis aims at
(a) Predicting one variable for a given value of the other variable
(b) Establishing relation between two variables
(c) Measuring the extent of relation between two variables
(d) Both (b) and (c).
74. Index number for the base period is always taken as
a) 200 b) 50 c) 1 d) 100
75. ________ is particularly suitable for the construction of index numbers.
a) H.M. b) A.M. c) G.M. d) none
76. Diagrammatic representation of data is done by
(a) Diagrams (b) Charts (c) Pictures (d) All these.
77. The chart that uses logarithm of the variable is known as
(a) Line chart (b) Ratio chart
(c) Multiple line chart (d) Component line chart.
78. Multiple axis line chart is considered when
(a) There is more than one time series (b) The units of the variables are different
(c) (a) or (b) (d) (a) and (b).
79. The mode of presentation of data are
(a) Textual, tabulation and diagrammatic (b) Tabular, internal and external
(c) Textual, tabular and internal (d) Tabular, textual and external.
80. The most attractive method of data presentation is
(a) Tabular (b) Textual (c) Diagrammatic (d) (a) or (b).
81. If the coefficient of correlation between two variables is 0.7 then the percentage of variation unaccounted for is
(a) 70% (b) 30% (c) 51% (d) 49%
82. The regression coefficients remain unchanged due to a
(a) Shift of origin (b) Shift of scale (c) Both (a) and (b) (d) (a) or (b).
83. The two lines of regression become identical when
(a) r = 1 (b) r = –1 (c) r = 0 (d) (a) or (b).
84. The errors in case of regression equations are
(a) Positive (b) Negative (c) Zero (d) All these.
85. The method applied for deriving the regression equations is known as
(a) Least squares (b) Concurrent deviation
(c) Product moment (d) Normal equation.
86. Which measure(s) of central tendency is(are) considered for finding the average rates?
(a) AM (b) GM (c) HM (d) Both (b) and (c)
87. Weighted averages are considered when
(a) The data are not classified

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 (b) The data are put in the form of grouped frequency distribution
(c) All the observations are not of equal importance
(d) Both (a) and (c).
88. When a firm registers both profits and losses, which of the following measure of central tendency cannot be
considered?
(a) AM (b) GM (c) Median (d) Mode
89. Quartiles can be determined graphically using
(a) Histogram (b) Frequency Polygon (c) Ogive (d) Pie chart.
90. Which of the following measure(s) satisfies (satisfy) a linear relationship between two variables?
(a) Mean (b) Median (c) Mode (d) All of these
91. For a binomial distribution, mean and mode
(a) are never equal. (b) are always equal.
(c) are equal when q = 0.50. (d) do not always exist.
92. The variance of a binomial distribution with parameters n and p is

93. A binomial distribution is

(a) never symmetrical. (b) never positively skewed.
(c) never negatively skewed. (d) symmetrical when p = 0.5.
94. The probability mass function of binomial distribution is given by

95. A trial is an attempt to

(a) make something possible.
(b) make something impossible.
(c) prosecute an offender in a court of law.
(d) produce an outcome which is neither certain nor impossible.
96. ‘Stub’ of a table is the
(a) Left part of the table describing the columns (b) Right part of the table describing the columns
(c) Right part of the table describing the rows (d) Left part of the table describing the rows.
97. The unit of measurement in tabulation is shown in
(a) Box head (b) Body (c) Caption (d) Stub.
98. Which of the following statements is untrue for tabulation?
(a) Statistical analysis of data requires tabulation
(b) It facilitates comparison between rows and not columns
(c) Complicated data can be presented
(d) Diagrammatic representation of data requires tabulation.
99. Measures of central tendency for a given set of observations measures
(a) The scatterness of the observations (b) The central location of the observations
(c) Both (a) and (b) (d) None of these.
100. Which of the following statements is wrong?
(a) Mean is rigidly defined (b) Mean is not affected due to sampling fluctuations
(c) Mean has some mathematical properties (d) All these

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