- Type
- Quiz
- Course
- MTH302 Business Mathematics & Statistics
- Size
- PDF 284 KB
- Updated
- 23 Oct 2026
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QUIZ NO 3 LATEST MTH302
Q1. There are 5 white balls and 4 black balls. In how many ways can we select 3 white and 2 black balls?
Correct answer: 60
Page no 254 Lecture 35 Handouts Example 4
Q2. The number of terms in the expansion of the binomial (p + q)^n is
Correct answer: 2n
Page no 256 Lecture 35 Handouts
Q3. When a coin is tossed once, the probability of getting head is
Correct answer: 0.50
Q4. A worker out of 500 gets a prize by lottery. What is the chance of any one individual say Zain being selected?
Correct answer: 1/500
Page no 257 Lecture 35 Handouts (Same example 600 changed to 500)
Q5. The following formula for probability P (A or B) = P(A) + P(B) – P(A and B) is called:
Correct answer: The law of multiplication
Q6. When two events are mutually exclusive, the probability of either one of those occurring is the sum of individual probabilities. This is the called the
Correct answer: OR Rule
Page no 261 Lecture 36 Handouts
Q7. Probability of occurrence of an event A = ___________ (Where X=Number of outcomes favorable to event A and n=total number of outcomes)
Correct answer: X/n
Page no 258 Lecture 35 Handouts Example 2
Q8. The moving averages can be used for:
Correct answer: forecasting purpose
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