Exam 4: Probability and Probability Models
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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The simultaneous occurrence of events A and B is represented by the notation ________.
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Consider a standard deck of 52 playing cards, a randomly selected card from the deck, and the following events: R = red, B = black, A = ace, N = nine, D = diamond, and C = club. Are R and A mutually exclusive?
(Multiple Choice)
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An urn contains five white, three red, and four black balls. Three are drawn at random and not placed back into the urn. What is the probability that no ball is red?
(Multiple Choice)
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Two events are independent if the probability of one event is influenced by whether or not the other event occurs.
(True/False)
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In a local survey, 100 citizens indicated their opinions on a revision to a local land-use plan. Of the 62 persons giving favorable responses, 40 were males. Of the 38 giving unfavorable responses, 15 were males. If one citizen is randomly selected, find the probability that person has a favorable opinion or has an unfavorable opinion
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What is the probability of rolling a value higher than eight with a pair of fair dice?
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A machine is produced by a sequence of operations. On average, one out of every 1000 machines produced is defective. What is the probability that two machines selected at random are both nondefective?
(Multiple Choice)
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Determine whether these two events are mutually exclusive: consumer with an unlisted phone number and a consumer who does not drive.
(Multiple Choice)
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Determine whether these two events are mutually exclusive: someone with three sisters and someone with four siblings.
(Multiple Choice)
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A machine is made up of 3 components: an upper part, a middle part, and a lower part. The machine is then assembled. 5 percent of the upper parts are defective, 4 percent of the middle parts are defective, and 1 percent of the lower parts are defective. What is the probability that a machine is not defective?
(Multiple Choice)
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