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Business Statistics in Practice Study Set 2
Exam 5: Discrete Random Variables
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Question 81
Multiple Choice
If p = .5 and n = 4,then the corresponding binomial distribution is
Question 82
Multiple Choice
A multiple-choice test has 30 questions and each one has five possible answers,of which one is correct.If all answers were guesses,find the probability of getting exactly four correct answers.
Question 83
Multiple Choice
Historical data shows that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every 2 hours.Assume that the patient arrivals are distributed according to Poisson distribution. Determine the probability of at least 4 but no more than 8 patients arriving in a three-hour period.
Question 84
Multiple Choice
The Securities and Exchange Commission has determined that the number of companies listed in NYSE declaring bankruptcy is approximately a Poisson distribution with a mean of 2.6 per month. Find the probability that no more than one bankruptcy occurs next month.
Question 85
Multiple Choice
Whenever p = .5,the binomial distribution will _________ be symmetric.
Question 86
Multiple Choice
Determine the probability that a 3 will appear twice,if a fair die is rolled 10 times.
Question 87
Multiple Choice
Two characteristics/assumptions of the Poisson distribution include:
Question 88
Multiple Choice
The Post Office has established a record in a major Midwestern city for delivering 90% of its local mail the next working day.Calculate the standard deviation of the number delivered when 8 local letters are mailed.
Question 89
Multiple Choice
Of all individual tax returns,37% include errors made by the taxpayer.If IRS examiners are assigned randomly selected returns in batches of 12,find the mean and standard deviation for the number of erroneous returns per batch.