Exam 4: Basic Probability

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TABLE 4-8 According to the record of the registrar's office at a state university,35% of the students are freshman,25% are sophomore,16% are junior and the rest are senior.Among the freshmen,sophomores,juniors and seniors,the portion of students who live in the dormitory are,respectively,80%,60%,30% and 20%. -Referring to Table 4-8,what is the probability that a randomly selected student is a sophomore who does not live in a dormitory?

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TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events. TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events.    -Referring to Table 4-11,if an adult is selected at random,what is the probability that he/she is a registered voter who does not prefer to get his/her current information from the Internet? -Referring to Table 4-11,if an adult is selected at random,what is the probability that he/she is a registered voter who does not prefer to get his/her current information from the Internet?

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TABLE 4-4 Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water. -Referring to Table 4-4,the probability a randomly selected patron is a female who prefers water is ________.

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TABLE 4-10 Are whites more likely to claim bias? It was found that 60% of the workers were white,30% were black and 10% are other races.Given that a worker was white,the probability that the worker had claimed bias was 30%.Given that a worker was black,the probability that the worker had claimed bias was 40%.Given that a worker was other race,the probability that the worker had claimed bias was 0%. -Referring to Table 4-10,if a randomly selected worker had not claimed bias,what is the probability that the worker is white?

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TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below: TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below:    -Referring to Table 4-1,given alcohol was involved,what proportion of accidents involved a single vehicle? -Referring to Table 4-1,given alcohol was involved,what proportion of accidents involved a single vehicle?

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TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events. TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events.    -Referring to Table 4-11,if an adult is selected at random,what is the probability that he/she is a registered voter? -Referring to Table 4-11,if an adult is selected at random,what is the probability that he/she is a registered voter?

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A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment). A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment).   If a bank is selected at random from this distribution,what is the chance that the interest rate charged on a home loan will exceed 5.19%? If a bank is selected at random from this distribution,what is the chance that the interest rate charged on a home loan will exceed 5.19%?

(Multiple Choice)
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TABLE 4-4 Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water. -Referring to Table 4-4,the two events "preferring water" and "preferring soda" are independent.

(True/False)
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TABLE 4-9 A survey conducted by the Segal Company of New York found that in a sample of 189 large companies,40 offered stock options to their board members as part of their non-cash compensation packages.For small- to mid-sized companies,43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members. -Referring to Table 4-9,if a randomly selected company offered stock options to their board members,what is the probability that it is a large company?

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Suppose A and B are events where P(A)= 0.4,P(B)= 0.5,and P(A and B)= 0.1.Then P(A|B)= ________.

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TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below: TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below:    -Referring to Table 4-1,given that multiple vehicles were involved,what proportion of accidents involved alcohol? -Referring to Table 4-1,given that multiple vehicles were involved,what proportion of accidents involved alcohol?

(Multiple Choice)
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TABLE 4-12 Jake woke up late in the morning on the day that he has to go to school to take an important test.He can either take the shuttle bus which is usually running late 20% of the time or ride his unreliable motorcycle which breaks down 40% of the time.He decides to toss a fair coin to make his choice. -Referring to Table 4-12,if Jake is late to the test,what is the probability that he rode his bike?

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TABLE 4-4 Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water. -Referring to Table 4-4,the probability a randomly selected patron is a female who prefers soda is ________.

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TABLE 4-2 An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained. TABLE 4-2 An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.    -Referring to Table 4-2,what is the probability that a randomly selected student did well on the midterm and also went bar hopping the weekend before the midterm? -Referring to Table 4-2,what is the probability that a randomly selected student did well on the midterm and also went bar hopping the weekend before the midterm?

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The probability that a new advertising campaign will increase sales is assessed as being 0.80.The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40.Assuming that the two events are independent,the probability that the cost is not kept within budget or the campaign will not increase sales is

(Multiple Choice)
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TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events. TABLE 4-11 A sample of 300 adults is selected.The contingency table below shows their registration status and their preferred source of information on current events.    -Referring to Table 4-11,what is the probability that an adult who prefers to get his/her current information from the Internet will be a registered voter? -Referring to Table 4-11,what is the probability that an adult who prefers to get his/her current information from the Internet will be a registered voter?

(Short Answer)
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TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below: TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below:    -Referring to Table 4-1,what proportion of accidents involved alcohol and a single vehicle? -Referring to Table 4-1,what proportion of accidents involved alcohol and a single vehicle?

(Multiple Choice)
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An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of exceptionally high gain.It is an unethical practice to tell the clienteles the probability of a loss in her recommendations.

(True/False)
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TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below: TABLE 4-1 Mothers Against Drunk Driving is a very visible group whose main focus is to educate the public about the harm caused by drunk drivers.A study was recently done that emphasized the problem we all face with drinking and driving.Four hundred accidents that occurred on a Saturday night were analyzed.Two items noted were the number of vehicles involved and whether alcohol played a role in the accident.The numbers are shown below:    -Referring to Table 4-1,given that 3 vehicles were involved,what proportion of accidents involved alcohol? -Referring to Table 4-1,given that 3 vehicles were involved,what proportion of accidents involved alcohol?

(Multiple Choice)
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Suppose A and B are independent events where P(A)= 0.4 and P(B)= 0.5.Then P(A or B)= ________.

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