CA FOUNDATION - STATISTICS

STATISTICS

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 CA FOUNDATION - STATISTICS

01 INTRODUCTION OF
STATISTICS

1. Following is not attribute:

(a) Driving Habit (b) Weight
(c) Honesty in a person (d) Nationality of a student

2. A representative value of the class interval for the calculation of mean, SD, MDetc
is:
(a) Class limit (b) Income of a person
(c) Class boundaries (d) class Mark

3. In which curve the frequency is maximum at the extremes and minimum at the
central part:
(a) Bell shaped (b) J Shaped (c) U Shaped (d) Mixed

4. (Class frequency)/(Width of the class) is defined as

(a) Frequency density (b) Frequency distribution
(c) both (d) none

5. An area diagram is
(a) Histogram (b) Frequency Polygon
(c) Ogive (d) none

6. An approximate idea of the shape of frequency curve is given by

(a) Ogive (b) Frequency Polygon
(c) both (d) none

7. The curve obtained by joining the points, whose x- coordinates are the upper limits
of the class-intervals and y coordinates are corresponding cumulative frequencies
is called

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 CA FOUNDATION - STATISTICS

(a) Ogive (b) Histogram

(c) Frequency Polygon (d) Frequency Curve

8. In Histogram, the classes are taken

(a) overlapping (b) non-overlapping
(c) both (d) none

9. Relative frequency for a particular class lies between :

(a) 0 and 1 (b) 0 and 1, both inclusive
(c) -1 and 0 (d) -1 and 1

10. When the width of all classes is same, frequency polygon has not the same area as
the Histogram:
(a) False (b) True (c) Both (d) None

11. The graphical representation of a cumulative frequency distribution is called:

(a) Histogram (b) Ogive (c) Both (d) None

12. Circular diagrams are always :

(a) One – dimensional (b) Two – dimensional
(c) Three – dimensional (d) Cartograms

13. Which of the following is not a two – dimensional figure?

(a) Line Diagram (b) Pie Diagram
(c) Square Diagram (d) Rectangle Diagram

14. When the two curves Ogive intersect, the point of intersection provides:
(a) First Quartile (b) Second Quartile
(c) Third Quartile (d) Mode.

15. What is a exclusive series ?

(a) In which both upper and lower limit are not included in class frequency:
(b) In which lower limit is not included in class frequency.
(c) In which upper limit is not included in class frequency.
(d) None of the above

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 CA FOUNDATION - STATISTICS

16. Difference between the maximum and minimum value of given data is called
(a) Width (b) Size (c) Range (d) Class

17. There were 200 employees in an office in which 150 were married. Total male
employees were 160 out of which 120 were married. What was the number of
female unmarried employees?
(a) 30 (b) 10 (c) 40 (d) 50

18. The less than Ogive” is a :

(a) U-Shaped Curve (b) J-Shaped Curve
(c) S-Shaped (d) Bell Shaped Curve

19. Data collected on religion from the census reports are :

(a) Primary data (b) Secondary data
(c) Sample data (d) (a) or (b)

20. Profits made by XYZ Bank in different years refer to:

(a) An attribute (b) A discrete variable
(c) A continuous variable (d) None of these.

21. Mean of the distribution is calculated graphically by

(a) Histogram (b) Ogive (c) Both (d) None of these

22. A statistical measure computed from sample observation is known as

(a) Parameter (b) Attribute (c) Statistics (d) None of these

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 CA FOUNDATION - STATISTICS

02 MEASURES OF CENTRAL
TENDENCY& DISPERSION

1. G.M. is useful in construction of index number

(A) True (B) False (C) Both (D) None of these.

2. When the distribution is symmetrical, mean, median and mode

(A) Coincide (B) Do not coincide (C) Both (D) None of these.

3. For open-end classification, which of the following is the best measure of central
tendency
(A) A.M. (B) G.M. (C) Median (D) Mode.

4. For grouped frequency distribution...... is equal to the value corresponding to

cumulative frequency kN/10
(A) median (B) kth percentile (C) kthdecile (D) none of these

5. If y = 3x – 100 and x = 50, then the value of y is :

(A) 60 (B) 30 (C) 100 (D) 50.

6. What is the H.M. of 1, ½, 1/3,.... 1/n ?

2 n(n +1)
(A) n (B) 2n (C) (D)
(n + 1) 2

7. The weighted mean of first n natural numbers, whose weights are proportional to
their corresponding numbers is :
(a) n + 1 (b) (n + 1)(2n + 1)
2 2
n(n + 1)
(c) (d) 2n + 1
2 3

8. Mean of the first n terms of the A.P. a + (a + d) + (a + 2d) + ....... is

(a) a + nd (b) a + (n - 1)d (c) a + (n – 1)d (d) a + nd
2 2

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 CA FOUNDATION - STATISTICS

9. A boy goes to school from his home at a speed of x km/hr and comes back at a
speed of y k/hr, then the average speed of the boy is given by

x+y
(A) km/hr (B) xy km/hr
2
2xy
(C) km/hr (D) Any of these
x+y

10. The mean of the series x1, x2,........., xnisx. If x2 is replaced by λ, then the new mean
is
(A) X - x2 + λ (B) ( X - x2 - λ)/n
(C) [(n – 1) X + λ]/n (D) [n X - x2 + λ]/n

11. The A.M. of the series a, ar, ar², .......ar(n-1) is

a(rn - 1) a(1 - rn) a(1 - rn) na(1 - rn)

(A) (B) (C) (D)
n(r - 1) 1-r n(r - 1) 1-r

12. ____________is the most stable of all the measures of central tendency.
(a) G.M (b) H.M (c) A.M (d) none.

13. In a symmetrical distribution when the 3rd quartile plus 1st quartile is halved, the
value would give
(a) mean (b) mode (c) median (d) none

14. Semi Inter Quartile Range means

(a) Mean Deviation (b) Quartile deviation
(c) Range (d) Standard deviation

15. Mean Deviation from___________ is the least.

(a) Mode (b) Arithmetic Mean (c) Mean (d) Median

16. Following Statements are true Group 1: 𝑥̿50, 𝜎”5 Group 2: 𝑥̿60,𝜎”5
(a) Both show same variation
(b) Group 1 shows more variation
(c) Group 2 shows more variation
(d) Data is insufficient

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17. If xandyare two related variables such that 0.5x+ 0.4y + 2 = 0 then find the relation
betweenRx(range of x) & Ry(range of y)
(a) 5Rx= 4Ry (b) 4Rx= 5Ry
(c) 0.4Rx= 0.5Ry (d) Rx= Ry

y-5
18. If v , v = 10 and σv = 2 then values of y and σy are
2

(a) 4 and 25 (b) 2.5 and 1 (c) 25 and 4 (d) 1 and 2.5

19. A student obtained the mean and standard deviation of 100 observations as 40
and 5.1 respectively. It was later discovered that he had wrongly copied down an
observation as 50 instead of 40. The correct standard deviation is :
(a) 5 (b) 6 (c) 3 (d) 7

20. For a moderately skewed distribution, quartile deviation and the standard deviation
are related by :
(a) S.D = 2 Q.D (b) S.D = 3 Q.D
3 4

(c) S.D = 4 Q.D (d) S.D = 3 Q.D

3 2

21. The sum of the squares of deviations of a set of observations has the smallest
value, when the deviations are taken from their:
(a) A.M. (b) H.M. (c) G.M. (d) None

22. If the mean and S.D. of x are a and b respectively, then the S.D of x−a is :
b
(a) a/b (b) -1 Q (c) 1 (d) ab

23. If there are two groups with 75 and 65 as harmonic means and containing 15 and
13 observations then the combined H.M. is given by:
(a) 70 (b) 80 (c) 70.35 (d) 69.48

24. The quartile deviation for the data is :

x: -2 3 4 5 6
f: 3 4 8 4 1
(a) ¼ (b) ½ (c) 1 (d) 0

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 CA FOUNDATION - STATISTICS

25. Inter Quartile Range is of Quartile Deviation.

(a) Half (b) Double (c) Triple (d) Equal

26. The average age of a group of 10 students was 20 years. The average age increase
by two years when two new students joined the group. What is the average age of
two new students who joined the group?
(a) 22 years (b) 30 years (c) 44 years (d) 32 years

27. Geometric Mean of three observations 40, 50 and X is 10. The value of X is
(a) 2 (b) 4 (c) ½ (d) None of the above.

28. If Standard deviation of x is σ, then Standard deviation of cy = ax + b, where a, b

and c (c + 0) are arbitrary constants, will be
(a) σ (b) σσ+b
c
aσ a
(c) (d) σ
c c

29. If sum of squares of the values = 3390, N =30 and standard deviation =7, find out
the mean.
(a) -113 (b) 210 (c) 8 (d) - None of these

30. The quartile deviation is :

(a) 2/3 of S.D. (b) 4/5 of S.D.
(c) 5/6 of S.D. (d) None of these

31. The harmonic mean H of two numbers is 4 and their arithmetic mean A and the
geometric mean G satisfy the equation 2A + G2 = 27, then the numbers are
(a) (1, 3) (b) (9, 5) (c) (6, 3) (d) (12, 7)

32. If Variance = 148.6 and mean = 40, then the coefficient of variation is :
(a) 37.15 (b) 30.48
(c) 33.75 (d) None of the above

33. In a class of 50 students, 10 have failed and their average marks in 2.5. The total
marks secured by the entire class were 281. The average marks who have passes is:
(a) 5.32 (b) 7.25 (c) 6.40 (d) None of the above.

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 CA FOUNDATION - STATISTICS

34. If the difference between mean and mode is 63, then the difference between mean
and median will be :
(a) 63 (b) 31.5 (c) 21 (d) None of these

35. Measures of dispersion are called measure of _______________ order.

(a) 1st order (b) 2nd order (c) 3rd order (d) None

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 CA FOUNDATION - STATISTICS

03 CORRELATION AND
REGRESSION

1. Number of claims and profits of an insurance company

(a) Positive (b) Negative (c) Zero (d) None of these

2. Covariance is
(a) Absolute measure (b) Relative measure
(c) Both (a) and (b) (d) Either (a) or (b)

3. ‘r’ is affected by shifted of origin

(a) True (b) False (c) Partly False (d) None of these

4. When two regression lines are coincident then

(a) r = ± 1 (b) r=1 (c) r=-1 (d) None of these

5. The residue in case of regression analysis can be

(a) Positive (b) Negative (c) zero (d) All of these

6. r= - 0.4 the value of unexplained variation is

(a) -0.4 (b) 0.16 (c) 0.84 (d) 0.4

7. In rank correlation if Σd2=: 0 then the 2 judges

(a) Completely agree (b) Completely disagree
(c) Partly agree (d) None

8. Following data are available in respect of two bivariate distributions :

Σ(x - x )(y - y ) = 122, Σ(x - x )² = 136, Σ(y - y )² = 138.
Find r.
(a) r = 0.8095 (b) r= 0.587
(c) r = 0.0587 (d) r = 0.8905

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 CA FOUNDATION - STATISTICS

9. The sum of squares of differences between rank is found to be 60. The Spearman’s
coefficient of rank correlation is 0.5. What is the number of pairs in the data?
(a) n= - 9 (b) n= 9 (c) n= 0.9 (d) n= 0.09

10. Regression equations for certain bivariate data are found to be

45y = 14x + 490 and 18y = 35x – 2744, find x and y
(a) x = 100, y = 42 (b) x = 42, y = 100
(c) x = 48, y = 100 (d) x = 100, y = 30

11. The regression lines are 3x + 2y = 6 and 5x - 3y = 44. Find the correlation co-
efficient between x and y.
(a) r = 3/4 (b) r = 4/3 (c) r = 1/3 (d) None of these

12. Take 200 and 150 respectively as the assumed mean for X and Y series of 11 values,
then dx = X – 200, dy = Y – 150 ,∑ dx = 13, ∑dx 2 = 2667, ∑ dy = 42, ∑dy 2 = 6964, ∑dx dy
= 3943. The value of r is :
(a) 0.77 (b) 0.98 (c) 0.92 (d) 0.82

13 For some bivariate data, the following results were obtained for the two variables
x and y :
x =53.2, y = 27.9, byx = -1.5, bxy = -0.2
The most probable value of y when x = 60 is
(a) 15.6 (b) 13.4 (c) 19.7 (d) 17.7

14. If the covariance between two variables is 20 and the variance of one of the variables
is 16, what would be the variance of the other variable?
(a) More than 10 (b) More than 100
(c) More than 1.25 (d) Less than 10

15. The lines of regression are as follows : 5x – 145 = - 10 y ; 14y – 208 = - 8x. The
mean values (x, y) is :
(a) (12, 5) (b) (5, 7) (c) (7, 12) (d) (5, 12)

16. Given the following data :

bxy = 0.4 & byx = 1.6 . The coefficient of determination is :
(a) 0.74 (b) 0.42 (c) 0.58 (d) 0.64

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17. The method applied for deriving regression equations is known as :

(a) Concurrent deviation (b) Product moment
(c) Least squares (d) Normal equation

18. If the correlation coefficient between two variables is 1, then the two lines of
regressions are:
(a) Parallel (b) At right angles
(c) Coincident (d) None of these

19. If coefficient of correlation between x and y is 0.46. Find coefficient of correlation

between x and y
2
(a) 0.46 (b) 0.92 (c) -0.46 (d) -0.92

20. Ranks of two characteristics by two judges are in reverse order then find the value
of Spearman rank correlation co-efficient.
(a) - 1 (b) 0 (c) 1 (d) 0.75

21. If the rank correlation co-efficient between marks in Management and Mathematics
for a group of students is 0.6 and the sum of the squares of the difference in ranks
is 66. Then what is the number of students in the group?
(a) 9 (b) 10 (c) 11 (d) 12

22. If the two lines of regression are x + 2y – 5 = 0 and 2x + 3y – 8 = 0 The regression

line of y on x is
(a) x + 2y-5 = 0 (b) 2x+3y-8=0
(c) Any of the two line (d) None of the two lines.

23. The ranks of five participants given by two judges are

Participants
A B C D E
Judge 1 1 2 3 4 5
Judge 2 5 4 3 2 1
Rank correlation coefficient between ranks will be
(a) 1 (b) 0 (c) -1 (d) ½

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24. Give : x = 16, σx = 4.8

y = 20, σy = 9.6
The coefficient of correlation between x and y is 0.6.What will be the regression
coefficient of ‘x’ on ‘y’?
(a) 0.03 (b) 0.3 (c) 0.2 (d) 0.05

25. If x , y, denote the arithmetic means, σx,σy denotes the standard deviations.
𝑏𝑥𝑦,𝑏𝑦𝑥 denote the regression coefficients of the variables ‘x’ and ‘y’ respectively, the
point of intersection of regression lines x on y & y on x is .
(a) (x , y) (b) (σx,σy) (c) (𝑏𝑥𝑦,𝑏𝑦𝑥) (d) (𝜎𝑥,2𝜎𝑦2)

26. If ‘r’ be the Karls Pearson’s coefficient of correlation in a bivariate distribution then
the two regression lines are at right angle if :
(a) r = + 1
(b) r = 0
(c) r = + any finite value whose numerical value is less that 1
(d) None of these

27. Two variables x and y are related according to 4x + 3y = 7. Then x and y are:
(a) Positively correlated. (b) Negatively correlated.
(c) Correlation is zero (d) None of these

28. When each individual gets the exactly opposite rank by the two Judges, then the
rank correlation will be___________.
(a) 0 (b) -1 (c) +1 (d) ½

29. The equation of two lines of regression for ‘x’ and ‘y’ are 5x = 22 + y and 64x =
24+45y then the value of regression coefficient of ‘y’ on ‘x’ will be _________.
1
(a) 5 (b) (c) 64 (d) 45
5 45 64

30. When the correlation coefficient r is equal to +1, all the points in a scatter diagram
would be
(a) On a straight line directed from upper left to lower right
(b) On a straight line directed from lower left to upper right
(c) On a straight line
(d) Both (a) and (b)

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 CA FOUNDATION - STATISTICS

04 INDEX NUMBER & TIME

SERIES

INDEX
NUMBER

1. If the index number of prices at a place in 1994 is 250 with 1984 as base year, then
the prices have increased on average by
(a) 250% (b) 150% (c) 350% (d) None of these.

2. With the base year 1960 the C. L. I. in 1972 stood at 250. X was getting a monthly
Salary of ` 500 in 1960 and ` 750 in 1972. In 1972 to maintain his standard of living
in 1960 x has to receive as extra allowances of
(a) ` 600/- (b) ` 500/- (c) ` 300/- (d) none of these.

3. The value index is equal to :

(a) The total sum of the values of a given year multiplied by the sum of the values
of the base year.
(b) The total sum of the values of a given year Divided by the sum of the values of
the base year.
(c) The total sum of the values of a given year plus by the sum of the values of the
base year.
(d) None of these.

4. Circular test, an index constructed for the year ‘x’ on the base year ‘y’ and for the
year ‘y’ on the base year ‘z’ should yield the same result as an index constructed for
‘x’ on base year ‘z’ i.e. I01 × I12 × I20 equal is :
(a) 3 (b) 2 (c) 1 (d) None of these.

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 CA FOUNDATION - STATISTICS

5. For combining two index number series with different base year the concept of
is used.
(a) Shifting (b) Splicing (c) Deflation (d) Merging

6. The cost of entertainment increased by 60%, the person who maintained his former
lifestyle experienced a 5% increase in his cost of living. Before the change in price,
the percentage of his cost of living due to entertainment is
(a) 10 (b) 8.333 (c) 12 (d) 15

7. Chain index no. of first year is taken as

(a) Link relative of current year x Chain index of previous year

100
(b) Link relative of previous year x Chain index of current year
100
(c) Link relative of current year
x100
Chain index of previous year
(d) None

8. Shifted Price Index =

(a) Original price index of the current year
x100
Price index of the new base year

(b) Original price index of the new base year

x100
Price index of the year

(c) Original price index of the year

x100
Price index of the old base year

(d) None

9. The Circular Test is known as :

(a) 𝑃01x𝑃12 x 𝑃20 = 1 (b) 𝑃12 x 𝑃01 x 𝑃20 = 1
(c) 𝑃20x𝑃12 x 𝑃01 = 1 (d) None of these

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10. Fisher’s Index is based on :-

(a) Arithmetic Mean of Laspeyre and Paasche
(b) Geometric Mean of Laspeyre and Paasche
(c) Harmonic Mean of Laspeyre and Paassche
(d) Median of Laspeyre and Paasche.

11. Time reversal & factor reversal are :

(a) Quantity Index (b) Ideal Index
(c) Price Index (d) Test of Consistency

12. Consumer price index is commonly known as

(a) Chain Based index (b) Ideal index
(c) Wholesale price index (d) Fixed Base index.

13. The index number of prices at a place in the year 2008 is 225 with 2004 as the base
year then there is :
(a) average 125% increase in prices.
(b) average 225% increase in prices.
(c) average 100% increase in prices.
(d) None of the above.

14. If ∑ P0 𝑄0 = 116, ∑ P0 𝑄1 = 140

∑ P1 𝑄0 = 97, ∑ P1 𝑄1 = 117
The Fisher’s ideal index number is .
(a) 184 (b) 83.59 (c) 119.66 (d) 120

15. If Fisher’s index = 150 and Paasche’s Index = 144, then Laspeyre’s index is _____.
(a) 147 (b) 156.25 (c) 104.17 (d) 138

16. An index time series is a list of _______number of two or more period of time,
where each index number employs the same base y can
(a) Index (b) Absolute (c) Relative (d) Sample

17. Circular test is satisfied by which index number?

(a) Laspeyre’s (b) Marshall - Edgeworth
(c) Fisher’s (d) None of the above.

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 CA FOUNDATION - STATISTICS

18. Fisher’s Index Number is ____________ of Laspeyre’s and Paasche’s Index Number.
(a) A.M (b) G.M (c) H.M (d) None of the above.

19. If with an increase of 10% in prices, the rise in wages is 20% then the real wage has
increased by
(a) 20% (b) 10%
(c) Less than 10% (d) More than 10%

20. If ∑ P0 𝑄0 = 1360, ∑ P𝑛 𝑄0 = 1900,

∑ P0 𝑄𝑛 = 1344, ∑ P𝑛 𝑄𝑛 = 1880, then the Laspeyre’s Index Number is
(a) 0.71 (b) 1.39 (c) 1.76 (d) none.

TIME SERIES

21. Considering the four components of a time series, which of the following represents
the multiplicative time series model?
a) Y = T + C + S + I b) Y = T x C X S + I
c) Y = T x S x I x C d) Y = (T x S) + (I x C)

22. In case of exponential trend setting, the moving averages are computed by using
mean.
a) Geometric b) Weighted c) Arithmetic d) Harmonic

23. Which component of time series is reflected in the case of “rice crops badly damaged
due to floods”?
a) Random movement b) Seasonal fluctuations
c) Cyclical movement d) Trend

24. __________ is a pattern that is repeated throughout a time series and has a
recurrence period of at most 12 months.
a) Trend b) Long term variations
c) Irregular variations d) Seasonal variation

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25. De-trending means:

a) Decomposition of time series b) Composition of time series
c) Merging of time series d) Amalgamation of time series

26. How many mathematical models do a time series consists of?

a) 1 b) 2 c) 3 d) 4

27. Fit a straight line trend to the following data by Least Square Method:

Year 2015 2016 2017 2018 2019 2020

Production (in MT) 1140 950 1000 960 800 700
a) Y = 92.5 + 38.43X b) Y = 925 + 38.43X
c) Y = 925 – 38.43X d) Y = 92.5 – 38.43X

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05 PROBABILITY & RANDOM

VARIABLE

1. The probability of getting a doublet when 2 dice are thrown is:

(a) 1/3 (b) 1/6 (c) 5/32 (d) 1/5

2. Two letters are drawn from the letters of the word HOME. Find the probability that
one of the letters chosen is H.
(a) 1/6 (b) 2/4 (c) 1/3 (d) 4/6

3. The letters of the word DANGER are arranged in all possible ways and a word is
drawn at random. What is the probability that the relative positions of the vowels
and consonants are unaltered?
(a) 1/18 (b) 1/19 (c) 1/15 (d) 1/25

4. Following are the wages of 8 workers in Rs: 50, 62, 40, 70, 45, 56, 32, 45. If one of
the workers is selected at random, what is the probability that his wage would be
lower than the average wage?
(a) 0.500 (b) 0.625 (c) 0.375 (d) 0.450

5. Two persons A, B have to speak at a function with 10 persons. If the person speak
at random, what is the probability that A speaks after B?
(a) ½ (b) 1/3 (c) 3/8 (d) 5/6

6. A number is selected from the first 25 natural numbers. What is the probability that
it would be divisible by 4 or 7?
(a) 8/25 (b) 9/25 (c) 16/25 (d) 1/25

7. There are two boxes containing 5white, 6 blue balls and 3 white, 7 blue balls
respectively. One of the boxes is selected at random and a ball is drawn from it.
What is the probability that the ball is blue?
(a) 115/227 (b) 137/220 (c) 127/250 (d) 83/250

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8. Mr. A applied for 3 separate posts. For the first post, there are 3 candidates, for the
second, there are 5 candidates and for the third, there are ten candidates. What is
the probability that Mr. A would be selected?
(a) 12/25 (b) 13/25 (c) 7/12 (d) 9/25

9. If P(A) = 1/5, P(B) = ½ and A and B are mutually exclusive events, then what is the
value of P(A/B)?
(a) 7/10 (b) 1/5 (c) 3/10 (d) None of the above

10. If P(A∩B) = 1/4 , P(A’∩B’) = 1/5 and P(A) = P(B) = X. Then what can be the value of X?
(a) 11/40 (b) 20/40 (c) 21/40 (d) 19/40

11. Following table gives the distribution of wages of 100 workers:

Wages (Rs) No. of workers
120 – 140 09
140 – 160 20
160 – 180 00
180 – 200 10
200 – 220 08
220 – 240 35
240 – 260 18
A worker is selected at random. What is the probability that his wage is under Rs.
140?
(a) 20/100 (b) 29/100 (c) 9/100 (d) None of the above

12. In discrete case the probability of the entire space is:

(a) 1 (b) 0 (c) – 1 (d) None of the above

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

(a) f(x) > 0 (b) ∑f(x) = 1
(c) f(x) ≥ 0 and ∑f(x) = 1 (d) Both a) and b) above

14. Let x and y are random variables having variance of 2 and V respectively. If the
variance of z = 3y – x is 29, what can be the value of V?
(a) 3 (b) 9 (c) 18 (d) 27

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 CA FOUNDATION - STATISTICS

15. For what value of ‘a’ will the function f(x) = ax, x = 1, 2, 3, ......, n be the probability
mass function of a discrete random variable x?
(a) 1 / n(n + 1) (b) 3 / n(n + 1)
(c) n / n(n + 1) (d) 2 / n(n + 1)

16. There are 5 white and 3 black balls in a box. 3 balls are taken at random from the
box. What is the expected number of black balls?
(a) 9/8 (b) 10/8 (c) 11/8 (d) None of the above

17. A number is selected at random from a set containing the first 100 natural numbers
and another number is selected at random from another set containing the first 200
natural numbers. What is the expected value of the product?
(a) 5000.25 (b) 5075.25 (c) 1050.75 (d) 5750.75

18. The probability distribution of random variable X is given:

X=X 1 2 3 4
P(X = X) 2k 4k 3k k
What is the value of k?
(a) 0.4 (b) 0.3 (c) 0.2 (d) 0.1

19. Three coins whose faces are marked 1, 2 are tossed. What is the expectation of the
total value of number on their faces?
(a) 2.5 (b) 3.5 (c) 4.5 (d) 5.5

20. A letter is taken out at random from the word RANGE and another is taken out from
the word PAGE. The probability that they are the same letters is :
(a) 1/20 (b) 3/20 (c) 3/5 (d) ¾

21. A card is drawn from a well shuffled pack of 52 cards. Let 𝐸1 “𝑎 king or a queen is
drawn” &𝐸2 “𝑎 queen or a jack is drawn”, then :
(a) E1 and E2 are not independent
(b) E1 and E2 are mutually exclusive
(c) E1 and E2 are independent
(d) None of these

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22. In a non – leap year, the probability of getting 53 Sundays or 53 Tuesdays or 53

Thursdays is:
1
(a) 4 (b) 2 (c) 3 (d)
7 7 7 7

23. The probability of getting qualified in IIT – JEE and AIEEE by a student are respectively
1
5

and 3 The probability that the student gets qualified for one of the these tests is :
5

(a) 17 (b) 22 (c) 8 (d) 3

25 25 25 25

24. Amitabh plays a game of tossing a dice.. If the number less than 3 appears, he is
getting ` a, otherwise he has to pay `10. If the game is fair, find a:
(a) 25 (b) 20 (c) 22 (d) 18

25. If P(A) = p and P (B) = q, then :

(a) P (A/B) ≤ p/q (b) P (A/B) ≥ q / p
(c) P (A/B) ≤ q / p (d) P (A/B) ≥ p/q

26. A random variable X has the following probability distribution:

X : -2 3 1
P (X=x) : 1/3 ½ 1/6
Find E(x2) and E (2x + 5).
(a) 6 and 7 respectively (b) 5 and 7 respectively
(b) 7 and 5 respectively (b) 7 and 6 respectively

27. E(XY) is also known as:

(a) E (X) + E (Y) (b) E (X) E (Y)
(c) E (X) - E (Y) (d) E (X) ÷ E (Y)

28. E(13x + 9) =________________.

(a) 13x (b) 13E(x) (c) 13E(x) + 9 (d) 9

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29. A bag contains 3 white and 5 black balls and second bag contains 4 while and 2
black balls. If one ball is taken from each bag, the probability that both the balls
are white is ___________.
(a) 1/3 (b) ¼ (c) 1/2 (d) None of these

30. The odds in favour of A solving a problem is 5:7 and odds against B solving the
same problem is 9:6. What is the probability that if both of them try, the problem
will be solved?
(a) 117/180 (b) 181/200 (c) 147/180 (d) 119/180

5
31. Let A and B two events in a sample space S such that P(A) = 1 , P (𝐵)= , P (A𝖴B)
2 8
= 3 ; Find P (A𝖴B)
4
(a) 3/4 (b) ¼ (c) 3/16 (d) None of these.

32. Arun & Tarun appear for an interview for two vacancies: The probability of Arun’s
selection is 1/3 and that of Tarun’s selection is 1/5 Find the probability that only
one of them will be selected:
(a) 2/5 (b) 4/5 (c) 6/5 (d) 8/5

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 CA FOUNDATION - STATISTICS

06 THEORETICAL
DISTRIBUTION

1. When p = 0.1, the binomial distribution is skewed to:

(a) Right (b) Left (c) Both a) & b) (d) Neither a) nor b)

2. The mean and variance of a discrete random variable X are 6 and 2 respectively.
Assuming X follows binomial distribution, find P(5 ≤ X ≤ 7).
(a) 0.271 (b) 0.712 (c) 0.721 (d) 0.217

3. For a binomial distribution, 2p + 3q = 8/3, then the type of skewness in the distribution
is:
(a) Positive (b) Negative (c) Zero (d) None of the above

4. 2 cards are drawn successively with replacement. The mean of number of Aces is:
(a) 1/13 (b) 2/13 (c) 4/13 (d) 3/13

5. Find the probability of guessing correctly at least 6 of the 10 answers in a True-

False objective test.
(a) 139/512 (b) 193/512
(c) 391/512 (d) None of the above

6. Find the probability that in a family of 4 children, there will be at least on boy. (a)
1/16 (b) 15/16 (c) 2/16 (d) 14/16

7. X follow binomial distribution (4, 1/3) and Y with parameters (6, 1/3). What is P(X+Y
≥ 1)?
(a) 0.02 (b) 1 (c) 0.98 (d) None of the above

8. 90% ships safely reach to the destination. If 400 ships enters the journey, find the
mean and variance of number of ships safely reaching the destination.
(a) 360, 6 (b) 360, 36 (c) 400, 40 (d) 225, 36

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 CA FOUNDATION - STATISTICS

10. The number of methods of fitting the normal curve is :

(a) 4 (b) 3 (c) 2 (d) 1

11. A sample of 100 dry battery cells tested to find the length of life produced the
following results : 𝑥̅ = 12 hours. 𝜎 = 3hours. What percentage of battery cells are
expected to have life less than 6 hours?
[Are under the normal curve from z = 0 to z = 2 is 0.4772]
(a) 2.28% (b) 2.56% (c) 4.56% (d) 1.93%

12. In a poisson distribution P (x = 0) = P (X = 2). Find E (x).

(a) √2 (b) 2 (c) -1 (d) 0

13. For a Binomal distribution B (6,p), P(x =2) = 9 p(x =4), then P is
(a) 1/2 (b) 1/3 (c) 10/13 (d) 1/4

14. In a Binomial Distribution, if mean is k-times the variance, then the value of ‘k’ will
be ______________ .
1
(a) p (b)
𝑝

1
(c) 1 – p (d)
1-𝑝

15. If X – N (3, 6) and Y – n (5,8) are two independent Normal variate with their standard
parameters of distribution, then if (x +y) – N (8, A) also follows normal distribution.
The value of A will be _______________.
(a) 100 (b) 10 (c) 64 (d) 36

16. A company has two cars which it hires out during the day. The number of Cars
demanded in a day has poison distribution with mean 1.5. Then percentage of days
on which only 1 car was in demand is equal to (e-1.5 = 0.2231)
(a) 23.26 (b) 33.47 (c) 44.62 (d) None of these

17. An approximate relation between quartile deviation (QD) and standard deviation
(S.D) of normal distribution is:
(a) 5 QD = 4 SD (b) 4 QD = 4 SD
(c) 2 QD = 3 SD (d) 3 QD = 2 SD

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 CA FOUNDATION - STATISTICS

18. Mean and Variance of a binomial variance are 4 and 4 respectively then P (x ≥ 1) will
be ______________ .

728 1 723
(a) (b) (c) (d) None of the above.
729 729 729

19. If six coins are tossed simultaneously. The probability of obtaining exactly two head
are:
(a) - 1/64 (b) 63/64 (c) 15/64 (d) None of these

20. In distribution mean = variance

(a) Normal (b) Binomial (c) Poisson (d) None

21. Ina discrete random variable x follows uniform distribution and assumes only the
values 8,9,11, 15,18,20. Then P (X ≤ 15)

1 1 2 2
(a) (b) (c) (d)
2 3 3 5

22. If x and y are Independent normal variates with Mean and Standard Derivatively as
𝜇1and 𝜇2 and 𝜎1 and 𝜎2 respectively, then z = x + y also follows normal distribution
with
(a) Mean = 𝜇1 + 𝜇2 and S.D = 0 respectively
(b) Mean = 0 and S.D. = 𝜎12 + 𝜎22
(c) Mean = 𝜇1 + 𝜇2 and S.D = √𝜎12 + 𝜎22
(d) None of these.

23. For a poissonvariate X is P(X = 2) = 3P(X = 3), then what is the mean of X?
(a) ¼ (b) 1/3 (c) ½ (d) 1

24. The standard deviation of a poissonvariate is 1.732. What is the probability that the
variate will lie between – 2.3 to 3.68? [e-3 = 0.04979]
(a) 0.55 (b) 0.65 (c) 0.75 (d) 0.45

25. A random variable X follows poisson distribution. The value of P (X > 1.5) is: [E(X) = 2]
(a) 2/e (b) 1 – (3/e2) (c) 3/e2 (d) 1 – (3/e)

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 CA FOUNDATION - STATISTICS

26 The incident of an occupational disease to the workers of a factory is found to be

1/5000. If there are 10000 workers in a factory, then the probability that none of
them will get the disease is:
(a) e4 (b) e-2 (c) e1 (d) e-1

27. If X follows poisson distribution with coefficient of variation 50, what is the probability
that X would assume only non zero values?
(a) 0.018 (b) 0.989 (c) 0.982 (d) 0.976

28. The probability that X assumes a specified value in continuous probability distribution
is:
(a) 1 (b) 0 (c) – 1 (d) None of the above

29. Assume the mean height of soldiers to be 68.22 inches with a variance of 10.8
inches. How many soldiers in a regiment of 1000 would you expect to be over 72
inches tall?
(a) 124 (b) 125 (c) 126 (d) 127

30. The average weekly food expenditure of a group of families has a normal distribution
with mean Rs. 1500 and SD Rs. 300. What is the probability that out of 5 families
belonging to this group, at least one family has weekly food expenditure in excess
of Rs. 1800? [Given Ф(1) = 0.84]
(a) 0.481 (b) 0.582 (c) 0.528 (d) 0.368

31. The weekly wages of 1000 workers are normally distributed around a mean of Rs.
70 and a SD of Rs. 5. Estimate the lowest weekly wages of the 100 highest paid
workers. [area under normal curve between z = 0 and z = 1.28 is 0.4]
(a) Rs. 86.40 (b) Rs. 40.76 (c) Rs. 76.40 (d) Rs. 40.86

57