Economics · Business Statistics
Match List I with List II: List I (Application narratives) A. Time interval between successive arrival of customers in a queue B. Distribution of income, property and certain human abilities in a capitalistic society C. Movement of stock prices and distribution of income in a socialistic society D. Distribution of rare events i.e. the probability of occurrence is very small but the number of trials is very large List II (Statistical distribution) I. Pareto distribution II. Poisson distribution III. Exponential distribution IV. Lognormal distribution Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-II, B-IV, C-III, D-I
- 2A-III, B-I, C-IV, D-II✓
- 3A-I, B-IV, C-II, D-III
- 4A-I, B-II, C-III, D-IV
Correct answer
A-III, B-I, C-IV, D-II
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