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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Historical data show that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every 2 hours. Assume that the patient arrivals are distributed according to a Poisson distribution. Determine the probability of at least 4 but no more than 8 patients arriving in a three-hour period.
(Multiple Choice)
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A pharmaceutical company has determined that if a new cholesterol-reducing drug is manufactured and introduced to the market, the following probability distribution will describe the contribution of this drug to their profits during the next six months.
The company management has decided to market this product if the expected contribution to profit for the next six months is more than $1,000,000. Based on the information given above, should the company begin manufacturing the new drug? Explain your answer.

(Multiple Choice)
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Depending on the mean of the Poisson distribution, the distribution can either be very skewed to the right or can be quite symmetrical.
(True/False)
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The probability that a given computer chip will fail is .02. Find the probability that of 5 delivered chips, exactly 2 chips will fail.
(Multiple Choice)
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A discrete variable that can often be used to describe the number of occurrences of an event over a specified interval of time or space is a ________ random variable.
(Multiple Choice)
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In a binomial distribution, the random variable x is continuous.
(True/False)
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In the most recent election, 19 percent of all eligible college students voted. If a random sample of 20 students were surveyed, find the probability that none of the students voted.
(Multiple Choice)
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The Post Office has established a record in a major midwestern city for delivering 90 percent of its local mail the next working day. Calculate the standard deviation of the number delivered when 8 local letters are mailed.
(Multiple Choice)
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A discrete random variable may assume a countable sequence or list.
(True/False)
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The Post Office has established a record in a major midwestern city for delivering 90 percent of its local mail the next working day. If you mail eight local letters, what is the probability that all of them will be delivered the next day?
(Multiple Choice)
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A correlation coefficient is a unitless measure of the linear relationship between two random variables.
(True/False)
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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 100 calculators are selected at random, what is the standard deviation of the number of defective calculators?
(Multiple Choice)
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Consider a Poisson distribution with an average of 3 customers per minute at the local grocery store. If X = the number of arrivals per minute, find the variance of X.
(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. A batch has just been completed. What is the probability that the first three units manufactured in this batch will contain at least a total of 4 defects?
(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 greater than 6?
(Multiple Choice)
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A manufacturer tested a sample of semiconductor chips and found that 35 were defective and 190 were good. If additional tests are to be conducted with random samples of 160 semiconductor chips, find the mean for the number of defects in these groups of 160 (rounded to the nearest whole number).
(Multiple Choice)
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Suppose you randomly select 3 DVDs from a production run of 10. Of the 10 DVDs, 9 are expected to last a minimum of 3 years. What values of x are within two standard deviations of the mean?
(Short Answer)
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The Post Office has established a record in a major midwestern city for delivering 90 percent of its local mail the next working day. When there are 8 local letters mailed, what is the probability that the number delivered will be within 2 standard deviations of the mean?
(Multiple Choice)
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A hypergeometric random variable x has a distribution that is approximated by a binomial distribution when
(Multiple Choice)
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If p = .5 and n = 4, then the corresponding binomial distribution is ________.
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