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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A machine is used in a production process. From past data, it is known that 97% of the time the machine is set up correctly. Furthermore, it is known that if the machine is set up correctly, it produces 95% acceptable (non-defective) items. However, when it is set up incorrectly, it produces only 40% acceptable items.
a.An item from the production line is selected. What is the probability that the selected item is non-defective?
b.Given that the selected item is non-defective, what is the probability that the machine is set up correctly?
(Short Answer)
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A company plans to interview 10 recent graduates for possible employment. The company has three positions open. How many groups of three can the company select?
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Assuming that each of the 52 cards in an ordinary deck has a probability of 1/52 of being drawn, what is the probability of drawing a black ace?
(Multiple Choice)
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The multiplication law is potentially helpful when we are interested in computing the probability of
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Two events, A and B, are mutually exclusive and each have a nonzero probability. If event A is known to occur, the probability of the occurrence of event B is
(Multiple Choice)
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Records of a company show that 15% of the employees have only a high school diploma; 75% have bachelor degrees; and 10% have graduate degrees. 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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A graphical device used for enumerating sample points in a multiple-step experiment is a
(Multiple Choice)
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A committee of 4 is to be selected from a group of 12 people. How many possible committees can be selected?
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A method of assigning probabilities which assumes that the experimental outcomes are equally likely is referred to as the
(Multiple Choice)
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If A and B are independent events with P(A) = 0.35 and P(B) = 0.20, then, P(A B) =
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From a group of seven finalists to a contest, three individuals are to be selected for the first and second and third places. Determine the number of possible selections.
(Short Answer)
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If A and B are independent events with P(A) = 0.4 and P(B) = 0.6, then P(A B) =
(Multiple Choice)
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Assume you have applied for two jobs A and B. The probability that you get an offer for job A is 0.23. The probability of being offered job B is 0.19. The probability of getting at least one of the jobs is 0.38.
a.What is the probability that you will be offered both jobs?
b.Are events A and B mutually exclusive? Why or why not? Explain.
(Essay)
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An experiment consists of three steps. There are four possible results on the first step, three possible results on the second step, and two possible results on the third step. The total number of experimental outcomes is
(Multiple Choice)
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In a recent survey of computer ownership, 73.4% of the respondents indicated they own PC computers, while 21.8% indicated they own both PC and Mac computers, and 80.1% said they own at least one of the two computers.
a.What is the probability that a respondent owns a Mac computer?
b.Given that a respondent owns a PC, what is the probability that the respondent also owns a Mac?
c.Are events "P" and "M" mutually exclusive? Why or why not? Explain using probabilities.
d.Are the two events "P" and "M" independent? Explain, using probabilities.
(Essay)
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When the results of experimentation or historical data are used to assign probability values, the method used to assign probabilities is referred to as the
(Multiple Choice)
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If P(A) = 0.50, P(B) = 0.60, and P(A B) = 0.30, then events A and B are
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