Deck 4: Basic Probability

Question 1

If two events are mutually exclusive,what is the probability that both occur at the same time?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Answer 1

0.

Question 2

Selection of raffle tickets from a large bowl is an example of

A)simple probability.
B)sampling without replacement.
C)subjective probability.
D)None of the above.

Answer 2

sampling without replacement.

Question 3

If two equally likely events A and B are mutually exclusive,what is the probability that event A occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Answer 3

Cannot be determined from the information given.

Question 4

All the events in the sample space that are not part of the specified event are called

A)simple events.
B)joint events.
C)the sample space.
D)the complement of the event.

Question 5

If event A and event B cannot occur at the same time,then events A and B are said to be

A)mutually exclusive.
B)independent.
C)collectively exhaustive.
D)None of the above.

Question 6

If either event A or event B must occur,then events A and B are said to be

A)mutually exclusive.
B)independent.
C)collectively exhaustive.
D)None of the above.

Question 7

If the outcome of event A is not affected by event B,then events A and B are said to be

A)mutually exclusive.
B)independent.
C)collectively exhaustive.
D)None of the above.

Question 8

If two events are mutually exclusive and collectively exhaustive,what is the probability that both occur?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 9

If two events are independent,what is the probability that they both occur?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 10

If two events are collectively exhaustive,what is the probability that both occur at the same time?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 11

A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses): Highly Successful (10%),Successful (25%),Break Even (25%),Disappointing (20%),and Highly Disappointing (?).If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?

A)10%
B)15%
C)20%
D)25%

Question 12

If events A and B are mutually exclusive and collectively exhaustive,what is the probability that event A occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 13

The collection of all possible events is called

A)a simple probability.
B)a sample space.
C)a joint probability.
D)the null set.

Question 14

If two events are collectively exhaustive,what is the probability that one or the other occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 15

If two equally likely events A and B are mutually exclusive and collectively exhaustive,what is the probability that event A occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 16

When using the general multiplication rule,P (A and B)is equal to

A)P(A|B)P(B).
B)P(A)P(B).
C)P(B)/P(A).
D)P(A)/P(B).

Question 17

Simple probability is also called

A)marginal probability.
B)joint probability.
C)conditional probability.
D)Bayes' theorem.

Question 18

If two equally likely events A and B are collectively exhaustive,what is the probability that event A occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 19

If two events are mutually exclusive,what is the probability that one or the other occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 20

If two events are mutually exclusive and collectively exhaustive,what is the probability that one or the other occurs?

A)0.
B)0.50.
C)1.00.
D)Cannot be determined from the information given.

Question 21

A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment)on a certain date in the past. If a bank is selected at random from this distribution,what is the chance that the interest rate charged on a home loan will exceed 3.49%?

A)0.06
B)0.41
C)0.59
D)1.00

Question 22

The employees of a company were surveyed on questions regarding their educational background (college degree or no college degree)and marital status (single or married).Of the 600 employees,400 had college degrees,100 were single,and 60 were single college graduates.The probability that an employee of the company is single or has a college degree is:

A)0.10
B)0.25
C)0.667
D)0.733

Question 23

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The probability that neither house sales nor interest rates will increase during the next 6 months is:

A)0.11
B)0.195
C)0.89
D)0.90

Question 24

The probability that a new advertising campaign will increase sales is assessed as being 0.80.The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40.If the two events are independent,the probability that neither the cost is kept within budget nor the campaign will increase sales is:

A)0.12
B)0.32
C)0.68
D)0.88

Question 25

A company has 2 machines that produce widgets.An older machine produces 23% defective widgets,while the new machine produces only 8% defective widgets.In addition,the new machine produces 3 times as many widgets as the older machine does.Given that a widget was produced by the new machine,what is the probability it is not defective?

A)0.06
B)0.50
C)0.92
D)0.94

Question 26

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that the residents of a household own 2 cars and have an income less than or equal to $50,000 a year is:

A)0.12
B)0.18
C)0.22
D)0.48

Question 27

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that annual household income is over $50,000 if the residents of a household do not own 2 cars is:

A)0.12
B)0.18
C)0.40
D)0.70

Question 28

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The probability that house sales will increase but interest rates will not during the next 6 months is:

A)0.065
B)0.15
C)0.51
D)0.89

Question 29

The probability that a new advertising campaign will increase sales is assessed as being 0.80.The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40.If the two events are independent,the probability that the cost is not kept within budget or the campaign will not increase sales is:

A)0.12
B)0.32
C)0.68
D)0.88

Question 30

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that the residents of a household do not own 2 cars and have an income over $50,000 a year is:

A)0.12
B)0.18
C)0.22
D)0.48

Question 31

The probability that a new advertising campaign will increase sales is assessed as being 0.80.The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40.If the two events are independent,the probability that the cost is kept within budget or the campaign will increase sales is:

A)0.20
B)0.32
C)0.68
D)0.88

Question 32

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that annual household income is over $50,000 if the residents of a household own 2 cars is:

A)0.42
B)0.48
C)0.50
D)0.69

Question 33

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that the residents do not own 2 cars if annual household income is not over $50,000 is:

A)0.12
B)0.18
C)0.45
D)0.70

Question 34

The employees of a company were surveyed on questions regarding their educational background (college degree or no college degree)and marital status (single or married).Of the 600 employees,400 had college degrees,100 were single,and 60 were single college graduates.The probability that an employee of the company does not have a college degree is:

A)0.10
B)0.33
C)0.67
D)0.75

Question 35

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The events increase in house sales and no increase in house sales in the next 6 months are

A)independent.
B)mutually exclusive.
C)collectively exhaustive.
D)(b)and (c)

Question 36

The probability that a new advertising campaign will increase sales is assessed as being 0.80.The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40.If the two events are independent,the probability that the cost is kept within budget and the campaign will increase sales is:

A)0.20
B)0.32
C)0.40
D)0.88

Question 37

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The events increase in house sales and increase in interest rates in the next 6 months are

A)independent.
B)mutually exclusive.
C)collectively exhaustive.
D)None of the above.

Question 38

The employees of a company were surveyed on questions regarding their educational background (college degree or no college degree)and marital status (single or married).Of the 600 employees,400 had college degrees,100 were single,and 60 were single college graduates.The probability that an employee of the company is married and has a college degree is:

A)0.0667
B)0.567
C)0.667
D)0.833

Question 39

The probability that house sales will increase in the next 6 months is estimated to be 0.25.The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74.The probability that house sales or interest rates will go up during the next 6 months is estimated to be 0.89.The probability that both house sales and interest rates will increase during the next 6 months is:

A)0.10
B)0.185
C)0.705
D)0.90

Question 40

According to a survey of American households,the probability that the residents own 2 cars if annual household income is over $50,000 is 80%.Of the households surveyed,60% had incomes over $50,000 and 70% had 2 cars.The probability that the residents of a household own 2 cars and have an income over $50,000 a year is:

A)0.12
B)0.18
C)0.22
D)0.48

Question 41

If P (A and B)= 0,then A and B must be mutually exclusive.

Question 42

If P (A and B)= 1,then A and B must be collectively exhaustive.

Question 43

A company has 2 machines that produce widgets.An older machine produces 23% defective widgets,while the new machine produces only 8% defective widgets.In addition,the new machine produces 3 times as many widgets as the older machine does.Given a randomly chosen widget was tested and found to be defective,what is the probability it was produced by the new machine?

A)0.08
B)0.15
C)0.489
D)0.511

Question 44

A company has 2 machines that produce widgets.An older machine produces 23% defective widgets,while the new machine produces only 8% defective widgets.In addition,the new machine produces 3 times as many widgets as the older machine does.What is the probability that a randomly chosen widget produced by the company is defective?

A)0.078
B)0.1175
C)0.156
D)0.310

Question 45

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,what is the probability that a randomly selected student did well on the midterm or went bar hopping the weekend before the midterm?

A)30/200 or 15%
B)(80+30)/200 or (30+80)/200 or 55%
C)(30+70)/200 or (70+30)/200 or 50%
D)(80+30+70)/200 or (110+100-30)/200 or 90%

Question 46

If P(A)= 0.4 and P(B)= 0.6,then A and B must be mutually exclusive.

Question 47

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,the events "Did Well on Midterm" and "Did Poorly on Midterm" are

A)dependent.
B)mutually exclusive.
C)collective exhaustive.
D)All the above.

Question 48

If P (A or B)= 1.0,then A and B must be collectively exhaustive.

Question 49

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,the events "Did Well on Midterm" and "Studying for Exam" are

A)not dependent.
B)not mutually exclusive.
C)collective exhaustive.
D)None of the above.

Question 50

If either A or B must occur they are called mutually exclusive.

Question 51

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,what is the probability that a randomly selected student did well on the midterm and went bar hopping the weekend before the midterm?

A)30/200 or 15%
B)(80+30)/200 or 55%
C)(30+70)/200 or 50%
D)(80+30+70)/200 or 90%

Question 52

If P(A)= 0.4 and P(B)= 0.6,then A and B must be collectively exhaustive.

Question 53

If either A or B must occur they are called collectively exhaustive.

Question 54

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,the events "Did Well on Midterm" and "Studying for Exam" are

A)dependent.
B)mutually exclusive.
C)collective exhaustive.
D)None of the above.

Question 55

If P (A or B)= 1.0,then A and B must be mutually exclusive.

Question 56

When A and B are mutually exclusive,P (A or B)can be found by adding P(A)and
P(B).

Question 57

If A and B cannot occur at the same time they are called mutually exclusive.

Question 58

SCENARIO 4-2
An alcohol awareness task force at a Big-Ten university sampled 200 students after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying,and whether they did well or poorly on the midterm.The following result was obtained.

Referring to Scenario 4-2,what is the probability that a randomly selected student who went bar hopping did well on the midterm?

A)30/100 or 30%
B)30/110 or 27.27%
C)30/200 or 15%
D)(100/200)*(110/200)or 27.50%

Question 59

The collection of all the possible events is called a sample space.

Question 60

If P (A and B)= 0,then A and B must be collectively exhaustive.

Question 61

SCENARIO 4-4
Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water.
Referring to Scenario 4-4,the probability a randomly selected patron is a female who prefers water is_____ .

Question 62

If P (A and B)= 1,then A and B must be mutually exclusive.

Question 63

Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A and B)= .

Question 64

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,assume we know the person is a child.The probability that this individual prefers hamburger is_____ .

Question 65

Suppose A and B are independent events where P(A)= 0.4 and P(B)= 0.5.Then P (A or B)=
.

Question 66

Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A or B)= .

Question 67

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,assume we know that a person prefers hamburger.The probability that this individual is a child is_____ .

Question 68

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,the probability that a randomly selected individual is a child and prefers chicken is_____ .

Question 69

Suppose A and B are events where P(A)= 0.4,P(B)= 0.5,and P (A and B)= 0.1.Then P (A or B)= .

Question 70

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,the probability that a randomly selected individual is an adult,or a child is_____ .

Question 71

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,the probability that a randomly selected individual is a child or prefers hamburger is_____ .

Question 72

Suppose A and B are events where P(A)= 0.4,P(B)= 0.5,and P (A and B)= 0.1.Then P(B|A)= .

Question 73

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,the probability that a randomly selected individual is an adult and prefers chicken is_____ .

Question 74

SCENARIO 4-4
Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water.
Referring to Scenario 4-4,the probability a randomly selected patron prefers soda is _____.

Question 75

SCENARIO 4-4
Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water.
Referring to Scenario 4-4,the probability a randomly selected patron is a female is _____.

Question 76

Suppose A and B are independent events where P(A)= 0.4 and P(B)= 0.5.Then P (A and B)=
.

Question 77

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,assume we know that a person prefers chicken.The probability that this individual is an adult is_____ .

Question 78

SCENARIO 4-4
Suppose that patrons of a restaurant were asked whether they preferred water or whether they preferred soda.70% said that they preferred water.60% of the patrons were male.80% of the males preferred water.
Referring to Scenario 4-4,the probability a randomly selected patron is a female who prefers soda is _____.

Question 79

Suppose A and B are events where P(A)= 0.4,P(B)= 0.5,and P (A and B)= 0.1.Then P(A|B)= .

Question 80

SCENARIO 4-3
A survey is taken among customers of a fast-food restaurant to determine preference for hamburger or chicken.Of 200 respondents selected,75 were children and 125 were adults.120 preferred hamburger and 80 preferred chicken.55 of the children preferred hamburger.
Referring to Scenario 4-3,the probability that a randomly selected individual is an adult is_____.