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Probability | Business Statistics (MGT 202) | BBS 1st Year TU

Probability | Business Statistics (MGT 202) | BBS 1st Year TU

BBS First Year Business Statistics Unit 9 Probability: board exam questions on classical probability, addition and multiplication theorems, and related numericals.

Oct 28, 2026
14,738

This unit covers the definition of probability, addition and multiplication theorems, the combination rule, and conditional probability through board-exam numerical questions.

Important Questions

Exam-style questions for this unit (marks shown where available).

1. Intersection from union (2078) [2]

If \(P(A) = 0.6\), \(P(B) = 0.56\) and \(P(A \cup B) = 0.75\), find \(P(A \cap B)\). Where \(A\) and \(B\) are not disjoint events.

2. Scholarship probability and payoff decision (2078)

(a) The probability that a boy will get a scholarship is 0.9 and that a girl will get is 0.8. What is the probability that at least one of them will get the scholarship?

(b) The following table is the conditional payoff table:

StrategyN0 (10)N1 (11)N2 (12)N3 (13)N4 (14)
S1 (10)400400400400400
S1 (11)380440440440440
S1 (12)360420480480480
S1 (13)340400460520520
S1 (14)320380440500560

What will be your decision if: (i) Maximum criterion is used (ii) Maximum criterion is used (iii) Minimax regret criterion is used?

3. Selection of Ram and Sita (2079) [2]

Ram and Sita appear for an interview for two different posts. The probabilities of their selection are \(\frac{3}{4}\) and \(\frac{1}{5}\) respectively. Find the probability that (a) both of them will be selected (b) none of them will be selected.

4. Drawing a card (2080) [2]

A card is drawn at random from a pack of cards. What is the probability of getting (a) a black card and (b) a king?

5. Intersection from union (2081) [2]

If \(P(A) = 0.6\), \(P(B) = 0.5\) and \(P(A \cup B) = 0.4\), find \(P(A \cap B)\). Where \(A\) and \(B\) are not mutually exclusive events.

6. Ball numbered 1 to 20 — multiple of 4 or 7 (2082) [2]

Twenty balls are numbered from 1 to 20. If one ball is drawn at random, what is the probability that the ball drawn is a multiple of 4 or 7?

7. Ball numbered 1 to 20 — multiple of 3 or 7 (2083) [2]

A bag contains 20 balls numbered from 1 to 20. One ball is drawn at random. Find the probability that the number on the drawn ball is a multiple of 3 or 7.

About Tribhuvan University

This content is part of Business Statistics offered by Tribhuvan University. This institution is committed to providing high-quality educational resources.

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