Exam 4: A Survey of Probability Concepts
Exam 1: What Is Statistics78 Questions
Exam 2: Describing Data: Frequency Distributions and Graphic Presentation101 Questions
Exam 3: Describing Data: Numerical Measures186 Questions
Exam 4: A Survey of Probability Concepts121 Questions
Exam 5: Discrete Probability Distributions111 Questions
Exam 6: The Normal Probability Distribution129 Questions
Exam 7: Sampling Methods and the Central Limit Theorem78 Questions
Exam 8: Estimation and Confidence Intervals128 Questions
Exam 9: One-Sample Tests of a Hypothesis223 Questions
Exam 10: Two-Sample Tests of Hypothesis87 Questions
Exam 11: Analysis of Variance80 Questions
Exam 12: Linear Regression and Correlation150 Questions
Exam 13: Multiple Regression and Correlation Analysis98 Questions
Exam 14: Chi-Square Applications for Nominal Data113 Questions
Exam 15: Index Numbers65 Questions
Exam 16: Time Series and Forecasting86 Questions
Exam 17: An Introduction to Decision Theory37 Questions
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Considering the chart below, what is the probability that if you select one person at random that they committed a violent crime, given that they were over 40 years of age? 

(Multiple Choice)
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A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the next 18 months as well as the general company outlook for the economy over the same period of time.
Given that a randomly selected company has a favourable forecast, what is the probability that it plans to cut jobs during the next 18 months?

(Multiple Choice)
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In a management trainee program, 80 percent of the trainees are female, 20 percent male. Ninety percent of the females attended college, 78 percent of the males attended college. A management trainee is selected at random. What is the probability that the person selected is a female who did NOT attend college?
(Multiple Choice)
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Considering the chart below, what is the probability that if you select one person at random that they have committed a violent crime and were under 20 or over 40 years of age? 

(Multiple Choice)
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A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the next 18 months as well as the general company outlook for the economy over the same period of time.
What is the probability that a randomly selected company plans to cut jobs during the next 18 months?

(Multiple Choice)
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Considering the chart below, what is the probability that if you select one person at random that they have committed a nonviolent crime? 

(Multiple Choice)
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A tire manufacturer truthfully advertises that "the average life of our new all-season radial tire is 100,000 kilometres." You purchase four of these tires. What is the probability that all four tires will wear out before traveling 100,000 kilometres?
(Multiple Choice)
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Consider the following fix prix menu. You have two choices of appetizer, soup or shrimp cocktail, three choices for your entree, roast beef, chicken cordon blue, or vegetarian lasagne, and two choices for dessert, chocolate cake or apple pie. Which tree diagram below accurately describes this situation?
(Multiple Choice)
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The customer service department of H&R Block received a total of 235 telephone requests for a tip- sheet on personal tax or corporate tax. The following table summarizes callers' primary area of interest, and how they first heard about the tip-sheet.
What is the probability a caller became aware of the tip-sheet either by radio or newspaper given her primary interest is corporate tax?

(Multiple Choice)
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If there is absolutely no chance a person will purchase a new car this year, the probability assigned to this event is_________ .
(Short Answer)
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Information on the 30 Major League Baseball teams for the 2003 season has been summarized based on game attendance. What is the probability that if a team is selected at random, it had a winning season or attendance of more than 3.0 million? 

(Multiple Choice)
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Giorgio offers the person who purchases a 250 ml bottle of Allure two free gifts, either an umbrella, a 30 ml bottle of Midnight, a feminine shaving kit, a raincoat or a pair of rain boots. If you purchased
Allure what is the probability you selected at random an umbrella and a shaving kit in that order?
(Multiple Choice)
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The customer service department of H&R Block received a total of 235 telephone requests for a tip- sheet on personal tax or corporate tax. The following table summarizes callers' primary area of interest, and how they first heard about the tip-sheet.
Suppose that a caller is selected at random. Find the probability that the caller selected is interested in personal tax, if they heard about the report from the radio.

(Multiple Choice)
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i. A probability is usually expressed as a decimal, such as 0.70 or 0.27, but it may be given as a fraction, such as 7/10 or 27/100.
Ii) The closer a probability is to 0, the more likely that an event will not happen.
iii. The closer the probability is to 1.00, the more likely an event will happen.
(Multiple Choice)
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One card from a standard 52-card deck of cards is to be selected at random. The probability that it will be the jack of hearts is ________.
(Short Answer)
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i. The Cunard luxury liner, Queen Elizabeth 2, cannot be docked in Hong Kong and Bangkok at the same time. Events such as these that cannot occur simultaneously are said to be collectively exhaustive.
Ii) If there are 'm' ways of doing one thing and 'n' ways of doing another thing, the multiplication formula states that there are (m)(n) ways of doing both.
Iii) A permutation is an arrangement of a set of objects in which there is an order from the first through the last.
(Multiple Choice)
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The probability that a one-spot or a two-spot or a six-spot will appear face up on the throw of one die is__________ .
(Short Answer)
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i. The complement rule states that the probability of an event not occurring is equal to one minus the probability of its occurrence.
ii. If there are two independent events A and B, the probability that A and B will occur is found by multiplying the two probabilities. Thus for two events A and B, the special rule of multiplication shown symbolically is: P(A and B) = P(A) P(B).
iii. The general rule of multiplication is used to find the joint probability that two events will occur. Symbolically, the joint probability P(A and B) is found by: P(A and B) = P(A) P(B/A).
(Multiple Choice)
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