Exam 5: Discrete Probability Distributions
Exam 1: Defining and Collecting Data205 Questions
Exam 2: Organizing and Visualizing Variables212 Questions
Exam 3: Numerical Descriptive Measures163 Questions
Exam 4: Basic Probability171 Questions
Exam 5: Discrete Probability Distributions117 Questions
Exam 6: The Normal Distribution144 Questions
Exam 7: Sampling Distributions127 Questions
Exam 8: Confidence Interval Estimation187 Questions
Exam 9: Fundamentals of Hypothesis Testing: One-Sample Tests177 Questions
Exam 10: Two-Sample Tests300 Questions
Exam 11: Chi-Square Tests128 Questions
Exam 12: Simple Linear Regression204 Questions
Exam 13: Multiple Regression307 Questions
Exam 14: Business Analytics254 Questions
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SCENARIO 5-11
Subscribers to Investment Advice White Letters perform security transactions at the rate of five trades per month.Assume that one of the subscribers performs transactions at this rate and the probability of a transaction for any two months is the same and the number of transactions in one month is independent of the number of transactions in another month.
-Referring to Scenario 5-11, what is probability that exactly ten security transactions will be conducted in one month?
(Essay)
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The number of 911 calls in a small city has a Poisson distribution with a mean of 10 calls a day.The probability of seven 911 calls in a day is .
(Essay)
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Suppose that a judge's decisions follow a binomial distribution and that his verdict is incorrect 10% of the time.In his next 10 decisions, the probability that he makes fewer than 2 incorrect verdicts is 0.736.
(True/False)
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SCENARIO 5-11
Subscribers to Investment Advice White Letters perform security transactions at the rate of five trades per month.Assume that one of the subscribers performs transactions at this rate and the probability of a transaction for any two months is the same and the number of transactions in one month is independent of the number of transactions in another month.
-Referring to Scenario 5-11, what is probability that at least five security transactions will be conducted in one month?
(Essay)
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A national trend predicts that women will account for half of all business travelers in the next 3 years.To attract these women business travelers, hotels are providing more amenities that women particularly like.A recent survey of American hotels found that 70% offer hairdryers in the bathrooms.Consider a random and independent sample of 20 hotels.Find the probability all the hotels in the sample offered hairdryers in the bathrooms.
(Essay)
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If remains constant in a binomial distribution, an increase in n will increase the variance.
(True/False)
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SCENARIO 5-3
The following table contains the probability distribution for X = the number of retransmissions necessary to successfully transmit a 1024K data package through a network. X 0 1 2 3 P(X) 0.35 0.35 0.25 0.05
-Referring to Scenario 5-3, the standard deviation of the number of retransmissions is _.
(Essay)
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Thirty-six of the staff of 80 teachers at a local intermediate school are certified in Cardio- Pulmonary Resuscitation (CPR).In 180 days of school, about how many days can we expect that the teacher on bus duty will likely be certified in CPR?
(Multiple Choice)
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What type of probability distribution will most likely be used to analyze warranty repair needs on new cars in the following problem?The service manager for a new automobile dealership reviewed dealership records of the past20 sales of new cars to determine the number of warranty repairs he will be called on to perform in the next 90 days.Corporate reports indicate that the probability any one of their new cars needs a warranty repair in the first 90 days is 0.05.The manager assumes that calls for warranty repair are independent of one another and is interested in predicting the number of warranty repairs he will be called on to perform in the next 90 days for this batch of 20 new cars sold.
(Multiple Choice)
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Current estimates suggest that 75% of the home-based computers in a foreign country have access to on-line services.Suppose 20 people with home-based computers were randomly and independently sampled.Find the probability that fewer than 10 of those sampled currently have access to on-line services.
(Essay)
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Referring to Scenario 5-9, what is the probability that in the next 1,000 custoers, the chain will have at least one mishandled bag?
-Referring to Scenario 5-9, what is the probability that in the next 1,000 customer, the hotel chain will have no more than three mishandled bags?
(Essay)
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SCENARIO 5-11
Subscribers to Investment Advice White Letters perform security transactions at the rate of five trades per month.Assume that one of the subscribers performs transactions at this rate and the probability of a transaction for any two months is the same and the number of transactions in one month is independent of the number of transactions in another month.
-Referring to Scenario 5-11, what is probability that more than two security transactions will be conducted in one month?
(Essay)
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A campus program evenly enrolls undergraduate and graduate students.If a random sample of 4 students is selected from the program to be interviewed about the introduction of a new fast food outlet on the ground floor of the campus building, what is the probability that all 4 students selected are undergraduate students?
(Multiple Choice)
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The number of customers arriving at a department store in a 5-minute period has aPoisson distribution.
(True/False)
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In a game called Taxation and Evasion, a player rolls a pair of dice.If on any turn the sum is 7,11, or 12, the player gets audited.Otherwise, she avoids taxes.Suppose a player takes 5 turns at rolling the dice.The variance of the number of times she will be audited is _.
(Essay)
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SCENARIO 5-4
The following table contains the probability distribution for X = the number of traffic accidents reported in a day in a small city in the Midwest. X 0 1 2 3 4 5 P(X) 0.10 0.20 0.45 0.15 0.05 0.05
-Referring to Scenario 5-4, the probability of at least 1 accident is .
(Essay)
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SCENARIO 5-5
The quality control manager of Green Bulbs Inc.is inspecting a batch of energy saving compact fluorescent light bulbs.When the production process is in control, the mean number of bad bulbs per shift is 6.0.
-Referring to Scenario 5-6, what is the probability that any shift being inspected has produced at least 6.0 bad bulbs.
(Essay)
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Which of the following about the binomial distribution is not a true statement?
(Multiple Choice)
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SCENARIO 5-4
The following table contains the probability distribution for X = the number of traffic accidents reported in a day in a small city in the Midwest. X 0 1 2 3 4 5 P(X) 0.10 0.20 0.45 0.15 0.05 0.05
-Referring to Scenario 5-4, the standard deviation of the number of accidents is .
(Essay)
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