Exam 4: Introduction to Probability
Exam 1: Data and Statistics98 Questions
Exam 2: Descriptive Statistics: Tabular and Graphical Displays62 Questions
Exam 3: Descriptive Statistics: Numerical Measures173 Questions
Exam 4: Introduction to Probability138 Questions
Exam 5: Discrete Probability Distributions123 Questions
Exam 6: Continuous Probability Distributions174 Questions
Exam 7: Sampling and Sampling Distributions133 Questions
Exam 8: Interval Estimation137 Questions
Exam 9: Hypothesis Tests148 Questions
Exam 10: Inference About Means and Proportions With Two Populations121 Questions
Exam 11: Inferences About Population Variances90 Questions
Exam 12: Comparing Multiple Proportions, Test of Independence and Goodness of Fit90 Questions
Exam 13: Experimental Design and Analysis of Variance115 Questions
Exam 14: Simple Linear Regression146 Questions
Exam 15: Multiple Regression115 Questions
Exam 16: Regression Analysis: Model Building76 Questions
Exam 17: Time Series Analysis and Forecasting68 Questions
Exam 18: Nonparametric Methods81 Questions
Exam 19: Statistical Methods for Quality Control29 Questions
Exam 20: Index Numbers52 Questions
Exam 21: Decision Analysis on Website65 Questions
Exam 22: Sample Survey on Website63 Questions
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Records of a company show that 15% of the employees have only a high school diploma (H), 75% have bachelor degrees (B), and 10% have graduate degrees (G). Of those with only a high school diploma, 12% hold management positions; whereas, of those having bachelor degrees, 58% hold management positions. Finally, 82% of the employees who have graduate degrees hold management positions.
a.What percentage of employees holds management positions?
b.Given that a person holds a management position, what is the probability that she/he has a graduate degree?
(Short Answer)
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Events A and B are mutually exclusive with P(A) = 0.3 and P(B) = 0.2. Then, P(Bc) =
(Multiple Choice)
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Records of a company show that 20% of the employees have only a high school diploma; 70% have bachelor degrees; and 10% have graduate degrees. Of those with only a high school diploma, 10% hold management positions; whereas, of those having bachelor degrees, 40% hold management positions. Finally, 80% of the employees who have graduate degrees hold management positions.
a.What percentage of employees holds management positions?
b.Given that a person holds a management position, what is the probability that she/he has a graduate degree?
(Short Answer)
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Three applications for admission to a local university are checked, and it is determined whether each applicant is male or female. The number of sample points in this experiment is
(Multiple Choice)
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The collection of all possible sample points in an experiment is
(Multiple Choice)
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Forty percent of the students who enroll in a statistics course go to the statistics laboratory on a regular basis. Past data indicates that 65% of those students who use the lab on a regular basis make a grade of A in the course. On the other hand, only 10% of students who do not go to the lab on a regular basis make a grade of A. If a particular student made an A, determine the probability that she or he used the lab on a regular basis.
(Short Answer)
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All the employees of ABC Company are assigned ID numbers. The ID number consists of the first letter of an employee's last name, followed by four numbers.
a.How many possible different ID numbers are there?
b.How many possible different ID numbers are there for employees whose last name starts with an A?
(Short Answer)
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If P(A) = 0.68, P(A B) = 0.91, and P(A B) = 0.35, then P(B) =
(Multiple Choice)
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Assume two events A and B are mutually exclusive and, furthermore, P(A) = 0.2 and P(B) = 0.4.
a.Find P(A B).
b.Find P(A B).
c.Find P(A | B).
(Short Answer)
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A perfectly balanced coin is tossed 6 times, and tails appears on all six tosses. Then, on the seventh trial
(Multiple Choice)
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A six-sided die is tossed 3 times. The probability of observing three ones in a row is
(Multiple Choice)
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Assume a businessman has 7 suits and 8 ties. He is planning to take 3 suits and 2 ties with him on his next business trip. How many possibilities of selection does he have?
(Short Answer)
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In a recent survey about appliance ownership, 58.3% of the respondents indicated that they own Maytag appliances, while 23.9% indicated they own both Maytag and GE appliances and 70.7% said they own at least one of the two appliances.
Define the events as
M = Owning a Maytag appliance
G = Owning a GE appliance
a.What is the probability that a respondent owns a GE appliance?
b.Given that a respondent owns a Maytag appliance, what is the probability that the respondent also owns a GE appliance?
c.Are events "M" and "G" mutually exclusive? Why or why not? Explain, using probabilities.
d.Are the two events "M" and "G" independent? Explain, using probabilities.
(Essay)
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Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 3 customers and determining whether or not they purchase any merchandise. The number of sample points in this experiment is
(Multiple Choice)
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Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical method for computing probability is used, the probability that the next customer will purchase a computer is
(Multiple Choice)
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An applicant has applied for positions at Company A and Company B. The probability of getting an offer from Company A is 0.4, and the probability of getting an offer from Company B is 0.3. Assuming that the two job offers are independent of each other, what is the probability that
a.the applicant gets an offer from both companies?
b.the applicant will get at least one offer?
c.the applicant will not be given an offer from either company?
d.Company A does not offer her a job, but Company B does?
(Short Answer)
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An experiment consists of selecting a student body president and vice president. All undergraduate students (freshmen through seniors) are eligible for these offices. How many sample points (possible outcomes as to the classifications) exist?
(Multiple Choice)
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