Exam 6: Discrete Random Variables
Exam 1: An Introduction to Business Statistics and Analytics98 Questions
Exam 2: Descriptive Statistics and Analytics: Tabular and Graphical Methods120 Questions
Exam 3: Descriptive Statistics and Analytics: Numerical Methods145 Questions
Exam 4: Probability and Probability Models150 Questions
Exam 5: Predictive Analytics I: Trees, K-Nearest Neighbors, Naive Bayes,101 Questions
Exam 6: Discrete Random Variables150 Questions
Exam 7: Continuous Random Variables150 Questions
Exam 8: Sampling Distributions111 Questions
Exam 9: Confidence Intervals149 Questions
Exam 10: Hypothesis Testing150 Questions
Exam 11: Statistical Inferences Based on Two Samples140 Questions
Exam 12: Experimental Design and Analysis of Variance132 Questions
Exam 13: Chi-Square Tests120 Questions
Exam 14: Simple Linear Regression Analysis147 Questions
Exam 15: Multiple Regression and Model Building85 Questions
Exam 16: Predictive Analytics Ii: Logistic Regression, Discriminate Analysis,101 Questions
Exam 17: Time Series Forecasting and Index Numbers161 Questions
Exam 18: Nonparametric Methods103 Questions
Exam 19: Decision Theory90 Questions
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According to data from the state blood program, 40 percent of all individuals have group A blood. If six individuals give blood, find the probability that exactly three of the individuals have group A blood.
(Multiple Choice)
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The J.O. Supplies Company buys calculators from a non-U.S. supplier. The probability of a defective calculator is 10 percent. If 3 calculators are selected at random, what is the probability that one of the calculators will be defective?
(Multiple Choice)
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Three candidates run for different offices in different cities. Each has a one in three chance of being elected in his/her city. What is the probability that at least one of them will be elected?
(Multiple Choice)
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The Securities and Exchange Commission has determined that the number of companies listed on the NYSE declaring bankruptcy is approximately a Poisson distribution with a mean of 2.6 per month. Find the probability that no more than one bankruptcy occurs next month.
(Multiple Choice)
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Historical data for a local manufacturing company show that the average number of defects per product produced is 2. In addition, the number of defects per unit is distributed according to a Poisson distribution. What is the probability that there will be a total of 7 defects on four units?
(Multiple Choice)
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The variable Employment Status, which can take either the value 1 for Employed or 0 for Unemployed, is an example of a ________ random variable.
(Multiple Choice)
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In a hypergeometric probability distribution of a population of N items, r refers to the number of successes and N − r refers to the number of failures.
(True/False)
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If the number of surface nonconformities on a specific size of a metal piece is the discrete random variable in question, then the appropriate probability distribution that can describe the probability of a specific size metal sheet containing 3 nonconformities is most likely given by the binomial distribution.
(True/False)
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According to data from the state blood program, 40 percent of all individuals have group A blood. Suppose that of six randomly selected individuals, three have group A blood. Would you believe the data from the state blood program?
(Multiple Choice)
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Consider the experiment of tossing a fair coin three times and observing the number of heads that result (X = number of heads). Determine the expected number of heads.
(Multiple Choice)
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If you were asked to play a game in which you tossed a fair coin three times and were given $2 for every head you threw, how much would you expect to win on average?
(Multiple Choice)
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Which of the following distributions can be used to solve the following problem? The average number of cars arriving at a drive-through fast-food restaurant is 3 cars in 10 minutes. What is the probability that exactly four cars will arrive in a 5-minute interval?
(Multiple Choice)
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A study conducted by a local university found that 25 percent of college freshmen support increased spending on environmental issues. If 6 college freshmen are randomly selected, find the probability that only 1 supports increased spending on environmental issues.
(Multiple Choice)
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If x is a Poisson random variable with a mean of 10, what is the probability that x is equal to 8?
(Multiple Choice)
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Historical data show that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every two hours. Assume that the patient arrivals are distributed according to a Poisson distribution. Determine the probability of 6 patients arriving in a five-hour period.
(Multiple Choice)
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A study conducted by a local university found that 25 percent of college freshmen support increased spending on environmental issues. If 6 college freshmen are randomly selected, find the probability that fewer than 4 support increased spending on environmental issues.
(Multiple Choice)
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A Poisson random variable is a continuous variable that can be used to describe the number of occurrences of an event over a specified interval of time or space.
(True/False)
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The distribution whose mean is equal to its variance is the ________ distribution.
(Multiple Choice)
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