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Meaning and Definition of Central Tendency

This document contains an assignment on the topic of business statistics. It includes 11 questions relating to probability concepts like experiments, events, sample spaces, equally likely events, mutually exclusive events, complementary events, independent events, dependent events, and conditional probability. It asks the student to define these concepts, calculate various probabilities like the probability of drawing certain cards or balls from sets, and explain probability through examples. The student is asked to complete the assignment by the end of the month and send the answers via WhatsApp.

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Sumit Bain
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36 views1 page

Meaning and Definition of Central Tendency

This document contains an assignment on the topic of business statistics. It includes 11 questions relating to probability concepts like experiments, events, sample spaces, equally likely events, mutually exclusive events, complementary events, independent events, dependent events, and conditional probability. It asks the student to define these concepts, calculate various probabilities like the probability of drawing certain cards or balls from sets, and explain probability through examples. The student is asked to complete the assignment by the end of the month and send the answers via WhatsApp.

Uploaded by

Sumit Bain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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B.COM.

2nd YEAR/ III SEMESTER DATE: 25/09/2020


SUB: BUSINESS STATISTICS UNIT-V
ASSIGNMENT - 1

1. Explain what do you understand by the term ‘probability’. How is the concept of
probability is relevant to decision making under uncertainty?
2. Explain the concept of conditional probability with the help of a suitable
example.
3. What are different approaches to the definition of probability?
4. With the help of an example explain the meaning of the following:
i. An Experiment
ii. Events
iii. Exhaustive Event or Sample space
iv. Equally-Likely Events
v. Mutually Exclusive Events
vi. Complementary Events
vii. Independent Events
viii. Dependent Events

5. Find the probability of getting a head in a tossing of a coin.


6. What is the probability of getting a Queen in a draw from a pack of cards?
7. From a bag containing 7 red and 5 black balls. A ball is drawn at random. What
is the probability that it is a red ball?
8. Find the probability of getting a numbered card when a card is drawn from the
pack of 52 cards
9. What is the probability of getting a sum of 7 when two dice are thrown?
10. There are 5 green 7 red balls. Two balls are selected one by one without
replacement. Find the probability that first is green and second is red.
11. One card is drawn at random from the pack of 52 cards.
(i) Find the Probability that it is an honor card.
(ii) It is a face card.

Please try to complete by end of this month

The scanned papers are to be sent to my personal WhatsApp No.

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Prepared By SUMIT BAIN

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