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Test: Probability And Expected Value By Mathematical Expectation- 6 - CA Foundation MCQ


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30 Questions MCQ Test Quantitative Aptitude for CA Foundation - Test: Probability And Expected Value By Mathematical Expectation- 6

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 1

The probability of winning of a person is 6/11 and at a result he gets Rs.77/= .The expectation of this person is

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 1

 

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 2

A family has 2 children. The probability that both of them are boys if it is known that one of them is a boy

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 2

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 3

The Probability of the occurrence of a no. greater then 2 in a throw of a die if it is known that only even nos. can occur is

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 3

Total events are 6
Possibility of Greater than 2 is 4 i.e. 3, 4, 5, 6
Hence, Probability of the occurrence of a no. greater then 2 will be 4/6

=2/3

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 4

A player has 7 cards in hand of which 5 are red and of these five 2 are kings. A card is drawn at random. The probability that it is a king, it being known that it is red is

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 4
  • Number of red cards = 5

  • Number of red kings = 2

  • Probability (king | red) = 2/5

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 5

In a class 40 % students read Mathematics, 25 % Biology and 15 % both Mathematics and Biology. One student is select at random. The probability that he reads Mathematics if it is known that he reads Biology is

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 5
  • P(Biology) = 0.25

  • P(Mathematics and Biology) = 0.15

  • P(Mathematics given Biology) = 0.15 / 0.25 = 3/5

Answer: B: 3/5

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 6

In a class 40 % students read Mathematics, 25 % Biology and 15 % both Mathematics and Biology. One student is select at random.The probability that he reads Biology if he reads Mathematics

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 6
  • P(Math) = 0.40

  • P(Bio and Math) = 0.15

  • P(Bio given Math) = 0.15 ÷ 0.40 = 3/8

Answer: C: 3/8

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 7

Probability of throwing an odd no with an ordinary six faced die is

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 7

The odd faces on a six-sided die are {1, 3, 5}, three out of six faces.

So the probability is 3/6=1/2

Answer: A: 1/2

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 8

For a certain event A ,P (A) is equal to

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 8

For a certain A, P(A) is 1

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 9

When none of the outcomes is favourable to the event then the event is said to be

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 9

When no outcomes are favourable to the event, the event is impossible.

 impossible

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 10

The probability of selecting sample of size 'n' out of a population of size N by simple random sampling with replacement is:

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 10

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 11

 If P(A) = 0.45, P(B) = 0.35 and P(A &  B) = 0.25, then P(A/B)=?

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 11
  • P(A and B) = 0.25

  • P(B) = 0.35

  • P(A given B) = 0.25 ÷ 0.35 = 5/7 

    ≈ 0.7143

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 12

Find the probability of drawing a spade on each of two consecutive draws from a well shuffled pack of cards, without replacement

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 12

in a pack of card there are total  52 Cards

Spade cards  are   13  

Probability that two consecutive cards drawn  from a well shuffled pack of cards are spade = ¹³C₂ / ⁵²C₂  

= 13 * 12 / 52 * 51

= 12 / 4 * 51

= 3/51

= 1/17

 

other ways

probability of Choosing 1st card as spade = (13/52) = 1/4

Probability of choosing 2nd spade card = 12/51  = 4/17

 

(1/4)(4/17)  = 1/17

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 13

If a pair of dice is thrown then the probability that the sum of the digit is neither 7 nor 11 is _____.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 13

Step 1: Total Possible Outcomes
The total number of outcomes when throwing two dice is:
6 × 6 = 36

Step 2: Favorable Outcomes

  • Sum = 7: The combinations for a sum of 7 are: (1,6), (2,5), (3,4), (4,3), (5,2), (6,1). Total = 6 outcomes.
  • Sum = 11: The combinations for a sum of 11 are: (5,6), (6,5). Total = 2 outcomes.

The total number of outcomes where the sum is either 7 or 11:
6 + 2 = 8

Step 3: Outcomes Where the Sum is Neither 7 nor 11
The outcomes where the sum is neither 7 nor 11 are:
36 - 8 = 28

Step 4: Probability
The probability is the ratio of favorable outcomes to total outcomes:
P = 28 / 36 = 7 / 9

The probability that the sum is neither 7 nor 11 is 7/9.

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 14

 A player tosses 3 fair coins. He wins Rs.5 if three appear, Rs.3 if two heads appear, Rs.1 if one head occurs. On the other hand, he losses Rs.15 if 3 tails occur. Find expected gain of the player.

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 15

The probability of a cricket team winning match at Kanpur is 2/5 and losing match at Delhi is 1/7. what is the Probability of the term winning at least one match?

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 16

Two coins are tossed simultaneously. Find the probability of getting exactly one head.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 16

When two coins are tossed simultaneously, the possible outcomes are:

  • HH (both heads)

  • HT (head on the first coin, tail on the second)

  • TH (tail on the first coin, head on the second)

  • TT (both tails)

Out of these, the outcomes with exactly one head are HT and TH.

There are 4 possible outcomes in total, and 2 of them have exactly one head.

So, the probability of getting exactly one head is: 2/4 = 1/2

Thus, the correct answer is:

d) 1/2.

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 17

For any two events A1, A2 letP(A1) = 2/3,P(A2) = 3/8 and P(A1 ∩ A2) =1/4 then A1, Aare:  

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 17

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 18

Find the expected value of the following probability distribution

 

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 18

Check that these probabilities sum to 1:
3/20 + 1/5 + 1/2 + 1/10 + 1/20 = 1

Calculate the expected value E(X)

E(X) = (-20)(3/20) + (-10)(1/5) + 30(1/2) + 75(1/10) + 80(1/20)
= -3 + -2 + 15 + 7.5 + 4
= -5 + 15 + 7.5 + 4
= 21.5

Hence, the expected value of X is 21.5.

 

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 19

The odds against A solving a certain problem are 4 to 3 and the odds in favour of B solving the same problem are 7 to 5. What is the probability that the problem will be solved if they both try?

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 19

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 20

A box contains 2 red, 3 green and 2 blue balls. Two bails are drawn at random. What is the probability that none of the balls drawn is blue?

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 21

A bag contains 2 red, 3 green and 2 blue balls. Two balls are drawn at random. What is the probability that none of the balls drawn is blue?

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 22

An urn contains 2 red and 1 green balls. nother urn contains 2 red and 2 green balls. An urn was selected at random and then a ball was drawn from it. If it was found to be red then the probability that it has been drawn from urn one is ______.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 22

Let's denote:

• U₁: the event of selecting urn 1
• U₂: the event of selecting urn 2
• R: the event that a red ball is drawn

The probability of selecting either urn is ½.

For urn 1 (U₁):
It has 2 red and 1 green ball, so P(R | U₁) = 2/3.

For urn 2 (U₂):
It has 2 red and 2 green balls, so P(R | U₂) = 2/4 = 1/2.

Now, using Bayes’ theorem, we find the probability that the red ball came from urn 1:

  P(U₁ | R) = [P(R | U₁) × P(U₁)] / [P(R | U₁) × P(U₁) + P(R | U₂) × P(U₂)]

Substitute the values:

P(U₁ | R) = [(2/3) × (1/2)] / [(2/3) × (1/2) + (1/2) × (1/2)]         
= (1/3) / [(1/3) + (1/4)]         
= (1/3) / [(4/12) + (3/12)]         
= (1/3) / (7/12)         
= (1/3) × (12/7)         
= 12/21         
= 4/7

Thus, the probability that the red ball was drawn from urn one is 4/7.

Correct answer: (C) 4/7

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 23

 Find the expected value of the following probability distribution 

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Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 24

A bag contains 6 red balls and some blue balls. If the probability of drawing a blue ball form the bag is twice that of a red ball, find the number of blue balls in the bag

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 24

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 25

A company employed 7 CA's, 6 MBA's and 3 Engineer's. In how many ways the company can form a committe, if the committee has  two members of each type.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 25

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 26

In a packet of 500 pens, 50 are found to be defective. A pen is selected at random. Find the probability that it is non defective.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 26

 In a packet of 500 pens, there are 50 defective pens. Therefore, the number of non-defective pens is 500 - 50 = 450. The probability of selecting a non-defective pen is the number of non-defective pens divided by the total number of pens, which is 450 / 500 = 9/10.

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 27

A bag contains 5 Red balls, 4 Blue Balls and 'm' Green Balls. If the random probability of picking two green balls is 1/7. What is the no. of green Balls (m).

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 27

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 28

Four married couples have gathered in a room. Two persons are selected at random amongst them, find the probability that selected persons are a gentleman and a lady but not a Couple.

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 28

To solve the problem of finding the probability that the selected persons are a gentleman and a lady but not a couple, follow these steps:

  • There are 8 people in total: 4 gentlemen and 4 ladies.

  • The total number of ways to select any 2 people from these 8 is calculated as:

    C(8, 2) = 28 ways.

  • We want a gentleman and a lady who are not a couple. First, count all ways to select one gentleman and one lady:

    4 gentlemen x 4 ladies = 16 ways.

  • However, 4 of these pairs are couples (each gentleman with his wife), so we must exclude these:

    16 - 4 = 12 pairs that are not couples.

  • Thus, the probability is:

    12/28 = 3/7.

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 29

The odds against A solving a certain problem are 4 to 3 and the odds in favour of B solving the same problem are 7 to 5. What is the probability that the problem will be solved if they both try?

Detailed Solution for Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 29

Test: Probability And Expected Value By Mathematical Expectation- 6 - Question 30

 One Card is drawn from pack of 52, what is the probability that it is a king or a queen?

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