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Business Analytics Study Set 1
Exam 5: Probability: an Introduction to Modeling Uncertainty
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Question 1
Multiple Choice
Two events are independent if
Question 2
Multiple Choice
The event containing the outcomes belonging to A or B or both is the __________ of A and B.
Question 3
Multiple Choice
An experiment consists of determining the speed of automobiles on a highway by the use of radar equipment. The random variable in this experiment is a
Question 4
Multiple Choice
Which statement is true about mutually exclusive events?
Question 5
Multiple Choice
Sample space is
Question 6
Multiple Choice
A joint probability is the
Question 7
Multiple Choice
The random variable X is known to be uniformly distributed between 2 and 12. Compute E(X) , the expected value of the distribution.
Question 8
Multiple Choice
The number of minutes that Samantha waits to catch the bus is uniformly distributed between 0 and 15 minutes. What is the probability that Samantha has to wait less than 4.5 minutes to catch the bus?