A B and C are three mutually exclusive and exhaustive events associated with a random experiment. If P(B) = (3/2) P(A) and P(C) = (1/2) P(B) then value of P(A) is:
The correct answer is C
The foreign capital investment in India on the eve of independence concentrated on the following sectors of the economy
(i) railways
...
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
If the wage contracts gets better indexed with the prices, what will happen to the effect of unemployment on inflation?
Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand?
(1) Cars and Petrol
(2) Tea ...
Balance of Trade is measured as:
Consider a closed economy wherein
C = 0.8 Yd , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Which of the following pairs is INCORRECT considering the constitutional provisions of the Comptroller and Auditor General of India?
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
