Question
 Which of the following best describes financial
arbitrage?Solution
Arbitrage is the simultaneous purchase and sale of the same asset in different markets in  order to profit from tiny differences in the asset's listed price. It exploits short-lived variations in the price of identical or similar financial instruments in different markets or in different forms.
The probability of getting a total of 7 on two dice thrown together is:
For the random variable X with probability density function f(x) = (x−3)2 /5; x = 3, 4, 5, the variance of X is:
If the sum of lower and upper qualities is 6 and quartile deviation is 1.5, then the value of coefficient of quartile deviation is
For frequency distribution presentation , which option is wrong.
If the third quartile of the following data set 7,10,7,8,9 is 9.5, then the value of quartile deviation is:
For the cumulative distribution function
the upper quartile point is
The mean deviation from an average A will be minimum, if A represents:
If the first, second and third moment about origin are 2, 8 and 14. respectively, then Karl Pearson gamma coefficient of skewness y1 is:
