Exam 5: A Survey of Probability Concepts

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A study of interior designers' opinions with respect to the most desirable primary color for executive offices showed that:  A study of interior designers' opinions with respect to the most desirable primary color for executive offices showed that:   -What is the probability that a designer does not prefer blue? -What is the probability that a designer does not prefer blue?

(Multiple Choice)
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Giorgio offers the person who purchases an 8 ounce bottle of Allure two free gifts,either an umbrella,a 1 ounce bottle of Midnight,a feminine shaving kit,a raincoat or a pair of rain boots.If you purchased Allure what is the probability you randomly selected an umbrella and a shaving kit in that order?

(Multiple Choice)
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A study of interior designers' opinions with respect to the most desirable primary color for executive offices showed that: A study of interior designers' opinions with respect to the most desirable primary color for executive offices showed that:   -What is the probability that a designer does not prefer red? -What is the probability that a designer does not prefer red?

(Multiple Choice)
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If there are 'm' ways of doing one thing and 'n' ways of doing another thing,the multiplication formula states that there are (m) \bullet (n)ways of doing both.

(True/False)
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A firm offers routine physical examinations as part of a health service program for its employees.The exams showed that 8% of the employees needed corrective shoes,15% needed major dental work and 3% needed both corrective shoes and major dental work.What is the probability that an employee selected at random will need either corrective shoes or major dental work?

(Multiple Choice)
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How many permutations of the two letters C and D are possible?

(Multiple Choice)
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A tire manufacturer advertises,"the median life of our new all-season radial tire is 50,000 miles.An immediate adjustment will be made on any tire that does not last 50,000 miles." You purchased four of these tires.What is the probability that all four tires will wear out before traveling 50,000 miles?

(Multiple Choice)
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Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 500 sampled salespeople are summarized in the following table. Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 500 sampled salespeople are summarized in the following table.   -What is the probability that a salesperson selected at random will have an excellent potential for advancement given they also have above average sales ability? -What is the probability that a salesperson selected at random will have an excellent potential for advancement given they also have above average sales ability?

(Multiple Choice)
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The combination formula is: n!/(n - r)!

(True/False)
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Draw a Venn diagram showing the probability for two mutually exclusive events and a Venn diagram showing the probability for two events that are not mutually exclusive.Explain the difference in the two diagrams.

(Essay)
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Probabilities are important information when

(Multiple Choice)
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A study by the National Park Service revealed that 50% of the vacationers going to the Rocky Mountain region visit Yellowstone Park,40% visit the Grand Tetons and 35% visit both.What is the probability that a vacationer will visit at least one of these magnificent attractions?

(Multiple Choice)
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The first card selected from a standard 52-card deck was a king.If it is NOT returned to the deck,what is the probability that a king will be drawn on the second selection?

(Multiple Choice)
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The probability of rolling a 3 or 2 on a single die is an example of mutually exclusive events.

(True/False)
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What is a particular result of an experiment called? __________

(Short Answer)
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The first card selected from a standard 52-card deck was a king.If it is returned to the deck,what is the probability that a king will be drawn on the second selection?

(Multiple Choice)
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A group of employees of Unique Services will be surveyed about a new pension plan. In-depth interviews with each employee selected in the sample will be conducted. The employees are classified as follows. A group of employees of Unique Services will be surveyed about a new pension plan. In-depth interviews with each employee selected in the sample will be conducted. The employees are classified as follows.   -What is the probability that the first person selected is either in management or in supervision? -What is the probability that the first person selected is either in management or in supervision?

(Multiple Choice)
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The complement rule states that the probability of an event not occurring is equal to one minus the probability of its occurrence.

(True/False)
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A builder has agreed NOT to build all "look alike" homes in a new subdivision.The builder has three different interior plans that can be combined with any of the five different home exteriors.How many different homes can be built?

(Multiple Choice)
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An individual can assign a subjective probability to an event based on the individual's knowledge about the event.

(True/False)
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