Exam 6: Discrete Probability Distributions

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A discrete binomial distribution is skewed right when π > .50.

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The two outcomes (success, failure) in the Bernoulli model are equally likely.

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A random variable X is distributed binomially with n = 8 and π = 0.70. The standard deviation of the variable X is approximately:

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The true proportion of accounts receivable with some kind of error is .02 for Venal Enterprises. If an auditor randomly samples 200 accounts receivable, what is the approximate Poisson probability that fewer than two will contain errors?

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Historically, 2 percent of the stray dogs in Southfield are unlicensed. On a randomly chosen day, the Southfield city animal control officer picks up seven stray dogs. What is the probability that fewer than two will be unlicensed?

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When π = .70 the discrete binomial distribution is negatively skewed.

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When you send out a resume, the probability of being called for an interview is .20. What is the probability that the first interview occurs on the fourth resume that you send out?

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The hypergeometric distribution assumes that the probability of a success remains the same from one trial to the next.

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A discrete probability distribution:

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The standard deviation of a Poisson random variable is the square root of its mean.

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Arrival of cars per minute at a toll booth may be characterized by the Poisson distribution if:

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The hypergeometric distribution is skewed right.

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An example of a geometric random variable is the number of pine trees with pine beetle infestation in a random sample of 15 pine trees in Colorado.

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A charity raffle prize is $1,000. The charity sells 4,000 raffle tickets. One winner will be selected at random. At what ticket price would a ticket buyer expect to break even?

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A discrete distribution can be described by its probability density function (PDF) or by its cumulative distribution function (CDF).

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The variance will reach a maximum in a binomial distribution when:

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Which model would you use to describe the probability that a call-center operator will make the first sale on the third call, assuming a constant probability of making a sale?

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Use the binomial model to find the approximate hypergeometric probability of at least two damaged flash drives in a sample of five taken from a shipment of 150 that contains 30 damaged flash drives.

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If tubing averages 16 defects per 100 meters, what is the probability of finding exactly 2 defects in a randomly chosen 10-meter piece of tubing?

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A random variable is a function or rule that assigns a numerical value to each outcome in the sample space of a stochastic (chance) experiment.

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