Exam 3: Probability
Exam 1: Describing Data: Graphical247 Questions
Exam 2: Describing Data: Numerical326 Questions
Exam 3: Probability345 Questions
Exam 4: Discrete Random Variables and Probability Distributions257 Questions
Exam 5: Continuous Random Variables and Probability Distributions239 Questions
Exam 6: Sampling and Sampling Distributions147 Questions
Exam 7: Estimation: Single Population151 Questions
Exam 8: Estimation: Additional Topics109 Questions
Exam 9: Hypothesis Testing: Single Population164 Questions
Exam 10: Hypothesis Testing: Additional Topics103 Questions
Exam 11: Simple Regression217 Questions
Exam 12: Multiple Regression252 Questions
Exam 13: Additional Topics in Regression Analysis168 Questions
Exam 14: Analysis of Categorical Data241 Questions
Exam 15: Analysis of Variance192 Questions
Exam 16: Time-Series Analysis and Forecasting138 Questions
Exam 17: Additional Topics in Sampling110 Questions
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A supplier is evaluating a firm to manufacture a subassembly.Quality data from past inspections reveal the following probabilities for number of defective parts in a shipment:
-What is the probability that the shipment will have defective parts?

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(Multiple Choice)
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Correct Answer:
A
If P(A)= 0.84,P(B)= 0.76,and P(A ∪,and P(A∪B) = 0.90, then P(A∩B) is:
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(Multiple Choice)
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Correct Answer:
C
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The joint probabilities shown in a table with two rows,A1 and A2,and two columns,B1 and B2 are as follows: P(A1 ∩ B1)= 0.10,P(A1 ∩ B2)= 0.30,P(A2 ∩ B1)= 0.05,P(A2 ∩ B2)= 0.55
-What is P(A1|B1),rounded to two decimals?
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(Multiple Choice)
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Correct Answer:
D
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey about capital punishment,64% of the respondents said that they support capital punishment.Females comprised 48% of the sample,and of the females,46% supported capital punishment.
-What is the probability that a randomly selected person is a female and does not support capital punishment?
(Essay)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider a sample space defined by events A1,A2,B1,B2.Let P(A1)= 0.40 ,P(B1 ∣ A1)= 0.60
and P(B1 ∣ A2)= 0.70
-What is P(A2 ∩ B2)?
(Essay)
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If either event A or event B must occur,they are called mutually exclusive.
(True/False)
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If P(A)= 0.5 and P(B |A)= 0.7,then there is a 0.35 probability that A and B occur at the same time.
(True/False)
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Firms are increasingly asking applicants to submit to drug tests.Suppose that drug tests can identify a drug user 98% of the time.However,1% of the time the test indicates a positive result although the applicant is not a drug user.If 10% of all applicants are drug users,what is the probability that a person who has tested positive for drug use is not really a drug user?
(Essay)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a recent survey about capital punishment,64% of the respondents said that they support capital punishment.Females comprised 48% of the sample,and of the females,46% supported capital punishment.
-What is the probability that a randomly selected person is a male and does support capital punishment?
(Essay)
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If the events A and B are independent with P(A)= 0.30 and P(B)= 0.40,then the probability that both events will occur simultaneously is:
(Multiple Choice)
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Let A be the event that there is at least one defect and let event B be that there is at most three defects.Which of the following statements is true?
(Multiple Choice)
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There are five men and four women working on a project.To handle one particular aspect of the project,a subcommittee needs to be formed.In the interest of balance,it is decided that the subcommittee will consist of two men and two women.How many combinations of this subcommittee are possible?
(Essay)
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If A and B are independent events with P(A)= 0.60 and P(A |B)= 0.60,then P(B)is:
(Multiple Choice)
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There are two letters X and Y.If repetitions such as XX are permitted,how many two-letter permutations are possible?
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A recent survey examined the working arrangements of married households.It was found that 88% of the households had at least one working member.In 20% of the households with the woman not working,the man also does not work.In 40% of households in which the man doesn't work,the woman also does not work.
-What is the probability that the man does work?
(Essay)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A recent survey examined the working arrangements of married households.It was found that 88% of the households had at least one working member.In 20% of the households with the woman not working,the man also does not work.In 40% of households in which the man doesn't work,the woman also does not work.
-What is the probability that the man does work and woman does not work?
(Essay)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The probability that interest rates on housing loans will go up in the next 6 months is estimated to be 0.20.The probability that house sales will decrease is estimated to be 0.6.The probability that interest rates will go up and house sales will decrease is estimated to be 0.15.
-The probability of an increase in interest rates and not a decrease in house sales is:
(Multiple Choice)
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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A general contractor has submitted two bids for two projects;A and B.The probability of getting project A is 0.60.The probability of getting project B is 0.75.The probability of getting at least one of the projects is 0.85.
-Are the events of getting the two projects independent? Explain using probabilities.
(Essay)
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