The probability of an event A is 0.2. The odds in favor of A are: MCQ with Answer and Explanation

The probability of an event A is 0.2. The odds in favor of A are:
A. 4:1
B. 1:4
C. 1:5
D. 5:1
Answer: Option B
Solution (By JKSSB Mock Tests)
Odds = P(A) : P(A') = 0.2 : 0.8 = 1:4.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1
Assertion (A): For two attributes A and B, if (AB) > (A)(B)/N, they are positively associated. Reason (R): Positive association means they occur together more often than expected under independence. Choose the correct option:
A. Both A and R are true, but R is not the correct explanation of A
B. A is true, R is false
C. A is false, R is true
D. Both A and R are true, and R is the correct explanation of A

Correct Answer: Option D


Explanation:
If observed joint frequency exceeds the expected under independence, it indicates positive association. R explains A perfectly.

This question belongs to: Accountancy and Statistics Statistics
Question #2
Which of the following is a direct source of demographic data?
A. Sample surveys
B. All of the above
C. Census
D. Vital registration

Correct Answer: Option B


Explanation:
All are sources that provide demographic data, though census and registration are more traditional.

This question belongs to: Accountancy and Statistics Statistics
Question #3
Assertion (A): Mailed questionnaire method is suitable when the informants are illiterate. Reason (R): Mailed questionnaire does not require any personal interaction. Choose the correct option:
A. A is false, R is true
B. Both A and R are true, but R is not the correct explanation of A
C. A is true, R is false
D. Both A and R are true, and R is the correct explanation of A

Correct Answer: Option A


Explanation:
Mailed questionnaire is unsuitable for illiterates because they cannot read/write. The reason (no personal interaction) is true but does not make it suitable for illiterates; in fact, it makes it worse.

This question belongs to: Accountancy and Statistics Statistics