Exam 4: Basic Probability Concepts
Exam 1: Statistics and Data68 Questions
Exam 2: Tabular and Graphical Methods99 Questions
Exam 3: Numerical Descriptive Measures123 Questions
Exam 4: Basic Probability Concepts107 Questions
Exam 5: Discrete Probability Distributions118 Questions
Exam 6: Continuous Probability Distributions114 Questions
Exam 7: Sampling and Sampling Distributions110 Questions
Exam 8: Interval Estimation111 Questions
Exam 9: Hypothesis Testing111 Questions
Exam 10: Statistical Inference Concerning Two Populations104 Questions
Exam 11: Statistical Inference Concerning Variance96 Questions
Exam 12: Chi-Square Tests100 Questions
Exam 13: Analysis of Variance89 Questions
Exam 14: Regression Analysis116 Questions
Exam 15: Inference With Regression Models117 Questions
Exam 16: Regression Models for Nonlinear Relationships95 Questions
Exam 17: Regression Models With Dummy Variables117 Questions
Exam 18: Time Series and Forecasting103 Questions
Exam 19: Returns, Index Numbers and Inflation98 Questions
Exam 20: Nonparametric Tests99 Questions
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Permutations are used when the order in which different objects are arranged matters.
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(True/False)
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True
Mutually exclusive and collectively exhaustive events ______________.
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(Multiple Choice)
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Correct Answer:
B
Exhibit 4-5.The following contingency table provides frequencies for the preferred type of exercise for people under the age of 35 and those 35 years of age or older.Here xx and yy represent missing values.
Refer to Exhibit 4-5.Determine whether selecting an under 35 individual is independent of selecting an individual who prefers swimming.

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(Essay)
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Correct Answer:
Selecting a 35 or older individual is not independent of selecting an individual preferring swimming.
Mutually exclusive events may share common outcomes of a sample space.
(True/False)
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Exhibit 4-3.The 150 residents of the town of Wonderland were asked their age and whether they preferred vanilla,chocolate,or swirled frozen yogurt.The results are displayed next.
Refer to Exhibit 4-3.What is the probability a randomly selected customer prefers chocolate swirled yogurt or is at least 25 years old?

(Multiple Choice)
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The following probability table shows probabilities concerning Favorite Subject and Gender.What is the probability of selecting an individual who is a female or prefers science? 

(Multiple Choice)
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In an experiment in which a coin is tossed twice,which of the following represents mutually exclusive and collectively exhaustive events?
(Multiple Choice)
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Exhibit 4-1.Two hundred people were asked if they had read a book in the last month.The accompanying contingency table,cross-classified by age,is produced.
Refer to Exhibit 4-1.The probability that a respondent is at least 30 years old is closest to ______.

(Multiple Choice)
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Exams are approaching and Helen is allocating time to studying for exams.She feels that with the appropriate amount of studying,she has an 80% chance of getting an A in Marketing.She also feels that she has a 60% chance of getting an A in Spanish with the appropriate amount of studying.Given the demands on her time,she feels that she has only a 45% chance getting an A in both classes.What is the probability that Helen gets an A in at least one of the two classes?
(Short Answer)
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As part of pharmaceutical testing for drowsiness as a side effect of a drug,200 patients are randomly assigned to one of two groups of 100 each.One group is given the actual drug and the other a placebo.The number of people who felt drowsy in the next hour is recorded as:
a.What is the probability that a randomly picked patient in the study feels drowsy in the next hour?
B)What is the probability that a randomly picked patient in the study takes the placebo or feels drowsy in the next hour?
C)Given that the patient was given the drug,what is the probability that he/she feels drowsy in the next hour?
D)Is whether a patient feels drowsy independent of taking the drug? Explain using probabilities.

(Short Answer)
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Exhibit 4-2.Mark Zuckerberg,the founder of Facebook,has announced that he will eat meat only from animals that he has killed himself (Vanity Fair,November 2011).Suppose 257 people were asked: "Does the idea of killing your own food appeal to you,or not?" The accompanying contingency table,cross-classified by gender,is produced from the 187 respondents.
Refer to Exhibit 4-2.The probability that a respondent to the survey is male is closest to ____.

(Multiple Choice)
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Exhibit 4-5.The following contingency table provides frequencies for the preferred type of exercise for people under the age of 35 and those 35 years of age or older.Here xx and yy represent missing values.
Refer to Exhibit 4-5.Find the probability that an individual prefers running or biking.

(Short Answer)
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Exhibit 4-2.Mark Zuckerberg,the founder of Facebook,has announced that he will eat meat only from animals that he has killed himself (Vanity Fair,November 2011).Suppose 257 people were asked: "Does the idea of killing your own food appeal to you,or not?" The accompanying contingency table,cross-classified by gender,is produced from the 187 respondents.
Refer to Exhibit 4-2.The probability that a respondent is male and feels that the idea of killing his own food is appealing is closest to _____.

(Multiple Choice)
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A recent survey shows that the probability of a college student drinking alcohol is 0.6.Further,given that the student is over 21 years old,the probability of drinking alcohol is 0.8.It is also known that 30% of the college students are over 21 years old.The probability of drinking or being over 21 years old is __________.
(Multiple Choice)
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Romi,a production manager,is trying to improve the efficiency of his assembly line.He knows that the machine is set up correctly only 60% of the time.He also knows that if the machine is set up correctly,it will produce good parts 80% of the time,but if set up incorrectly,it will produce good parts only 20% of the time.Romi starts the machine and produces one part before he begins the production run.He finds the first part to be good.What is the revised probability that the machine was set up correctly?
(Multiple Choice)
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An experiment consists of tossing a fair coin and rolling a fair die.Find the probability that we toss a head and roll a 6.
(Short Answer)
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The intersection of events A and B,denoted by
,___________.

(Multiple Choice)
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Assume the sample space S = {win,loss}.Select the choice that fulfills the requirements of the definition of probability.
(Multiple Choice)
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