Exam 4: Probability
Exam 1: An Introduction to Business Statistics95 Questions
Exam 2: Descriptive Statistics: Tabular and Graphical Methods85 Questions
Exam 3: Descriptive Statistics: Numerical Methods57 Questions
Exam 4: Probability44 Questions
Exam 5: Discrete Random Variables71 Questions
Exam 6: Continuous Random Variables40 Questions
Exam 7: Sampling and Sampling Distributions52 Questions
Exam 8: Confidence Intervals126 Questions
Exam 9: Hypothesis Testing84 Questions
Exam 10: Statistical Inferences for Means and Proportions70 Questions
Exam 11: Statistical Inferences for Population Variances54 Questions
Exam 12: Experimental Design and Analysis of Variance81 Questions
Exam 13: Chi-Square Tests136 Questions
Exam 14: Simple Linear Regression Analysis95 Questions
Exam 15: Multiple Regression and Model Building119 Questions
Exam 16: Time Series Forecasting and Index Numbers71 Questions
Exam 17: Nonparametric Methods61 Questions
Exam 18: Decision Theory85 Questions
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Events that have no sample space outcomes in common,and therefore cannot occur simultaneously,are referred to as independent events.
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(True/False)
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Correct Answer:
False
There are two types of probability distributions: discrete and binomial.
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(True/False)
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Correct Answer:
False
The __________ of event X consists of all sample space outcomes that do not correspond to the occurrence of event X.
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(Multiple Choice)
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Correct Answer:
B
When the probability of one event is influenced by whether or not another event occurs,the events are said to be _____________.
(Multiple Choice)
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If events A and B are independent,then the probability of simultaneous occurrence of event A and event B can be found with ____________.
(Multiple Choice)
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The probability of an event is the sum of the probabilities of the sample space outcomes that correspond to the event.
(True/False)
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If events A and B are mutually exclusive,then P(A|B)is always equal to zero.
(True/False)
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What is the probability of rolling a seven with a pair of fair dice?
(Multiple Choice)
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Probabilities must be assigned to sample space outcomes so that the probability assigned to each sample space outcome must be between ____________,inclusive.
(Multiple Choice)
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If events A and B are independent,then P(A|B)is always equal to zero.
(True/False)
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Bayes' Theorem uses prior probabilities with additional information to compute posterior probabilities.
(True/False)
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A(n)______________ is a collection of sample space outcomes.
(Multiple Choice)
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A ___________________ is a measure of the chance that an uncertain event will occur.
(Multiple Choice)
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A(n)_______________ probability is a probability assessment that is based on experience,intuitive judgment,or expertise.
(Multiple Choice)
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P(A υ B)= P(A)+ P(B)− P(A∩B)represents the formula for the ____________.
(Multiple Choice)
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A contingency table is a tabular summary of probabilities concerning two sets of complementary events.
(True/False)
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A probability model is a mathematic representation of a random phenomenon.
(True/False)
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The _____________ of an event is a number that measures the likelihood that an event will occur when an experiment is carried out.
(Multiple Choice)
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A process of observation that has an uncertain outcome is referred to as a(n)_____________.
(Multiple Choice)
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