Exam 4: Probability and Probability Distributions
Exam 1: Introduction to Data Analysis and Decision Making30 Questions
Exam 2: Describing the Distribution of a Single Variable66 Questions
Exam 3: Finding Relationships Among Variables46 Questions
Exam 4: Probability and Probability Distributions56 Questions
Exam 5: Normal, Binomial, Poisson, and Exponential Distributions56 Questions
Exam 6: Decision Making Under Uncertainty54 Questions
Exam 7: Sampling and Sampling Distributions77 Questions
Exam 8: Confidence Interval Estimation53 Questions
Exam 9: Hypothesis Testing63 Questions
Exam 10: Regression Analysis: Estimating Relationships79 Questions
Exam 11: Regression Analysis: Statistical Inference69 Questions
Exam 12: Time Series Analysis and Forecasting75 Questions
Exam 13: Introduction to Optimization Modeling70 Questions
Exam 14: Optimization Models63 Questions
Exam 15: Introduction to Simulation Modeling64 Questions
Exam 16: Simulation Models56 Questions
Exam 17: Data Mining18 Questions
Exam 18: Importing Data Into Excel18 Questions
Exam 19: Analysis of Variance and Experimental Design19 Questions
Exam 20: Statistical Process Control19 Questions
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The time students spend in a computer lab during one day is an example of a continuous random variable.
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Given that events A and B are independent and that P(A)= 0.8 and P(B/A)= 0.4,then P(A and B)= 0.32.
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There are two types of random variables,they are
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The number of people entering a shopping mall on a given day is an example of a discrete random variable.
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Two or more events are said to be mutually exclusive if at most one of them can occur.
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If A and B are any two events with P(A)= .8 and P(B|A)= .4,then the joint probability of A and B is
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If events A and B have nonzero probabilities,then they can be both independent and mutually exclusive.
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When we wish to determine the probability that at least one of several events will occur,we would use the addition rule.
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Football teams toss a coin to see who will get their choice of kicking or receiving to begin a game.The probability that given team will win the toss three games in a row is 0.125.
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If two events are independent,what is the probability that they both occur?
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Suppose A and B are two events where P(A)= 0.5,P(B)= 0.4,and P(A and B)= 0.2,then P(B/A)= 0.5.
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Two events A and B are said to mutually be exclusive if P(A and B)= 0.
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If two events are mutually exclusive,what is the probability that both occur at the same time?
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When two events are independent,they are also mutually exclusive.
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A random variable is a function that associates a numerical value with each possible outcome of a random phenomenon.
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If events A and B are mutually exclusive,then the probability of both events occurring simultaneously is equal to
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Probability is a number between 0 and 1,inclusive,which measures the likelihood that some event will occur.
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If two events are collectively exhaustive,what is the probability that one or the other occurs?
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