Exam 4: Probability
Exam 1: An Introduction to Business Statistics54 Questions
Exam 2: Descriptive Statistics: Tabular and Graphical Methods90 Questions
Exam 3: Descriptive Statistics: Numerical Methods149 Questions
Exam 4: Probability135 Questions
Exam 5: Discrete Random Variables128 Questions
Exam 6: Continuous Random Variables150 Questions
Exam 7: Sampling and Sampling Distributions116 Questions
Exam 8: Confidence Intervals144 Questions
Exam 9: Hypothesis Testing148 Questions
Exam 10: Statistical Inferences Based on Two Samples132 Questions
Exam 11: Experimental Design and Analysis of Variance115 Questions
Exam 12: Chi-Square Tests96 Questions
Exam 13: Simple Linear Regression Analysis148 Questions
Exam 14: Multiple Regression122 Questions
Exam 15: Model Building and Model Diagnostics102 Questions
Exam 16: Time Series Forecasting150 Questions
Exam 17: Process Improvement Using Control Charts122 Questions
Exam 18: Nonparametric Methods97 Questions
Exam 19: Decision Theory90 Questions
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What is the probability of rolling a six with a fair die five times in a row?
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Correct Answer:
C
Container 1 has 8 items,3 of which are defective.Container 2 has 5 items,2 of which are defective.If one item is drawn from each container: What is the probability that both items are not defective?
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(Multiple Choice)
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Correct Answer:
A
Owners are asked to evaluate their experiences in buying a new car during the past twelve months.When surveys were analyzed the owners indicated they were most satisfied with their experiences at the following three dealers (in no particular order): Saturn,Honda,and Buick. When ranking the dealers how many outcomes are possible?
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(Multiple Choice)
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Correct Answer:
A
A(n)_______________ probability is a probability assessment that is based on experience,intuitive judgment,or expertise.
(Multiple Choice)
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Determine whether the two events are mutually exclusive A voter who favors gun control and a conservative voter
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It is very common for television series to draw a large audience for special events of for cliff-hanging story lines.Suppose that on one of these occasions,the special show drew viewers from 38.2% of all US TV households.Suppose that three TV households are randomly selected. What is the probability that exactly one of the three households viewed the special show?
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Determine whether the two events are mutually exclusive Someone born in the United States and a US citizen
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A family has two children.What is the probability that both are girls,given that at least one is a girl?
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If we consider the toss of four coins as an experiment,how many outcomes does the sample space consist of?
(Multiple Choice)
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Suppose P(A)= .45,P(B)= .20,P(C)= .35,P(E|A)= .10,P(E|B)= .05,and P(E|C)= 0.What is P(A|E)?
(Multiple Choice)
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In the word BUSINESS,what is the probability of randomly selecting the letter S?
(Multiple Choice)
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A group has 12 men and 4 women.If 3 people are selected at random from the group,what is the probability that they are all men?
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Determine whether the two events are mutually exclusive A voter who is a registered Democrat and a voter who favors a Republican candidate
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Employees of a local university have been classified according to gender and job type.
If an employee is selected at random what is the probability that the employee is a member of the faculty?

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A batch of 50 parts contains 6 defects.If two parts are drawn randomly,one at a time with replacement,what is the probability that both parts are defective?
(Multiple Choice)
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Owners are asked to evaluate their experiences in buying a new car during the past twelve months.When surveys were analyzed the owners indicated they were most satisfied with their experiences at the following three dealers (in no particular order): Saturn,Honda,and Buick. Assuming that each set of rankings is equally likely,what is the probability that
Owners ranked Saturn third?
(Multiple Choice)
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In a local survey,100 citizens indicated their opinions on a revision to a local land use plan.Of the 62 favorable responses,there were 40 males.Of the 38 unfavorable responses,there were 15 males.If one citizen is randomly selected find the probability A male and has a favorable opinion
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In a major Midwestern university,55% of all undergraduates are female,25% belong to a Greek organization (fraternity or sorority)and 40% of all males belong to a Greek organization. What is the probability that one randomly selected undergraduate will be either a female or belong to a Greek organization?
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A card is drawn from a standard deck.What is the probability the card is an ace,given that it is a club?
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Probabilities must be assigned to experimental outcomes so that the probability assigned to each experimental outcome must be between ____ and ____ inclusive.
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