Exam 4: Discrete Random Variables
Exam 1: An Introduction to Business Statistics63 Questions
Exam 2: Descriptive Statistics286 Questions
Exam 3: Probability177 Questions
Exam 4: Discrete Random Variables141 Questions
Exam 5: Continuous Random Variables167 Questions
Exam 6: Sampling Distributions119 Questions
Exam 7: Confidence Intervals226 Questions
Exam 8: Hypothesis Testing192 Questions
Exam 9: Statistical Inferences Based on Two Samples168 Questions
Exam 10: Experimental Design and Analysis of Variance155 Questions
Exam 11: Correlation Coefficient and Simple Linear Regression Analysis190 Questions
Exam 12: Multiple Regression and Model Building222 Questions
Exam 13: Nonparametric Methods112 Questions
Exam 14: Chi-Square Tests101 Questions
Exam 15: Decision Theory97 Questions
Exam 16: Time Series Forecasting152 Questions
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For a binomial experiment, the probability of success is 40% and the number of trials is 5. Let X represent the number of successes.
-Find the variance of X.
(Essay)
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The J.O. Supplies Company buys calculators from a foreign supplier. The probability of a defective calculator is 10%.
-If 100 calculators are selected at random,what is the standard deviation of the number of defectives?
(Multiple Choice)
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For a binomial experiment, the probability of success is 40% and the number of trials is 5. Let X represent the number of successes.
-Find P(X ≤ 1).
(Short Answer)
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An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that:
-All five will be repaired on the same day?
(Short Answer)
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If n = 20 and p = .4,then the mean of the binomial distribution is
(Multiple Choice)
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Twenty coins are tossed.What is the probability of getting exactly 10 heads?
(Essay)
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A vaccine is 95 percent effective. What is the probability that it is not effective for:
-More than one out of 20 individuals?
(Essay)
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According to data from a federal blood program, 40% of all individuals have type A blood. If six individuals give blood, find the probability
-At least 3 of the individuals have type A blood
(Short Answer)
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The J.O. Supplies Company buys calculators from a foreign supplier. The probability of a defective calculator is 10%.
-If 100 calculators are selected at random,what is the standard deviation of the number of defectives?
(Essay)
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An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that:
-Fewer than two troubles will be repaired on the same day?
(Essay)
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An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a residential service can be repaired on the same day. For the first five troubles reported on a given day, what is the probability that:
-Find the mean number of troubles repaired on the same day
(Essay)
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Suppose that of the six randomly selected individuals,3 have group A blood.Based on the probability in question 100,would you believe the data from the state blood program? Why or why not?
(Short Answer)
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For a random variable X,the mean value of the squared deviations of its values from their expected value is called its _____.
(Short Answer)
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Determine the standard deviation of the number of defective units for 32 sheets of metal.
(Essay)
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If x is a Poisson random variable with a mean of 10,what is the probability that x is equal to 8?
(Essay)
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Historical data shows that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every 2 hours. Assume that the patient arrivals are distributed according to Poisson distribution.
-Determine the probability of at least 4 but no more than 8 patients arriving in a three-hour period.
(Multiple Choice)
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If X is a binomial random variable,then the standard deviation of X is given by ______.
(Essay)
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An insurance company will insure a $75,000 car for its full value against theft at a premium of $1500 per year. Suppose that the probability that the car will be stolen is 0.0075.
-Calculate the insurance company's expected net profit.
(Essay)
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A store owner records the number of customers who make a purchase for the first five customers during a particular day.In this situation,X may be 0,1,2,3,4,or 5.
(True/False)
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