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CH 05 discrete probability distributions Test bank Statistics for Business and Economics 11e

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LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution NATIONAL STANDARDS: United States - BUSPROG: Analytic STATE STANDARDS: United States - AK - DISC: Probability

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1 Which of the following is a characteristic of an experiment where the binomial probability distribution is applicable?

a The experiment has at least two possible outcomes

b Exactly two outcomes are possible on each trial

c The trials are dependent on each other

d The probabilities of the outcomes changes from one

trial

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

2 A numerical description of the outcome of an experiment is called a

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

KEYWORDS: Bloom's: Remember

3 A probability distribution showing the probability of x successes in n trials, where the probability of success does not

change from trial to trial, is termed a

a uniform probability distribution

b binomial probability distribution

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

4 A continuous random variable may assume

a any numerical value in an interval or collection of

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b finite number of values in a collection of intervals

c an infinite sequence of values

d only the positive integer values in an interval

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

KEYWORDS: Bloom's: Remember

5 A description of the distribution of the values of a random variable and their associated probabilities is called a

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

6 Which of the following is a required condition for a discrete probability function?

a ∑f(x) = 0 for all values of

x

b f(x) 1 for all values of x

c f(x) < 0 for all values of x

d ∑f(x) = 1 for all values of

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

7 A measure of the average value of a random variable is called a(n)

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LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

8 Which of the following is a required condition for a discrete probability function?

a f(x) 0 for all values of x

b ∑f(x) = 1 for all values of

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

9 A weighted average of the values of a random variable, where the probability function provides weights, is known as

a the probable value

b the median value

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

10 An experiment consists of determining the speed of automobiles on a highway by the use of radar equipment The

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random variable in this experiment is a

a discrete random variable

b continuous random variable

c mixed type random variable

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

KEYWORDS: Bloom's: Understand

11 The number of customers that enter a store during one day is an example of

a a continuous random variable

b a discrete random variable

c either a continuous or a discrete random variable, depending on whether odd or even

number of the customers enter

d either a continuous or a discrete random variable, depending on the gender of the

customers

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

KEYWORDS: Bloom's: Understand

12 The weight of an object is an example of

a a continuous random variable

b a discrete random variable

c either a continuous or a discrete random variable, depending on the nature of the

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

Trang 5

KEYWORDS: Bloom's: Understand

13 Four percent of the customers of a mortgage company default on their payments A sample of five customers is selected What is the probability that exactly two customers in the sample will default on their payments?

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

14 Twenty percent of the students in a class of 100 are planning to go to graduate school The standard deviation of this binomial distribution is

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

15 In the textile industry, a manufacturer is interested in the number of blemishes or flaws occurring in each 100 feet of material The probability distribution that has the greatest chance of applying to this situation is the

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

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16 The Poisson probability distribution is a

a continuous probability

distribution

b discrete probability distribution

c uniform probability distribution

d normal probability distribution

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

17 The binomial probability distribution is used with

a a continuous random variable

b a discrete random variable

c a uniform random variable

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

18 The expected value of a discrete random variable

a is the most likely or highest probability value for the random variable

b.will always be one of the values x can take on, although it may not be the highest

probability value for the random variable

c is the average value for the random variable over many repeats of the experiment

d is the value it is expected to assume in the next trial

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

19 Which of the following is not a characteristic of an experiment where the binomial probability distribution is

applicable?

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a The experiment has a sequence of n identical trials

b Exactly two outcomes are possible on each trial

c The trials are dependent

d The probabilities of the outcomes do not change from one trial to

another

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

20 The expected value of a random variable is

a the value of the random variable that should be observed on the next repeat of the

experiment

b the value of the random variable that occurs most frequently

c the square root of the variance

d None of these alternatives is correct

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

21 Which of the following is not a property of a binomial experiment?

a The experiment consists of a sequence of n identical trials

b Each outcome can be referred to as a success or a failure

c The probabilities of the two outcomes can change from one trial to the

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

22 In a binomial experiment

a the probability does not change from trial to trial

b the probability changes from trial to trial

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c the probability could change from trial to trial, depending on the situation under

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

23 The Poisson probability distribution is used with

a a continuous random variable

b a discrete random variable

c either a continuous or discrete random

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

24 The variance Var(x) for the binomial distribution is given by equation

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

25 The expected value for a binomial distribution is given by equation

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ANSWER: c

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Remember

26 A production process produces 2% defective parts A sample of five parts from the production process is selected What is the probability that the sample contains exactly two defective parts?

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

27 When dealing with the number of occurrences of an event over a specified interval of time or space, the appropriate probability distribution is a

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

28 The key difference between the binomial and hypergeometric distribution is that, with the hypergeometric distribution

a the probability of success must be less than 0.5

b the probability of success changes from trial to

trial

c the trials are independent of each other

d the random variable is continuous

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DIFFICULTY: Easy

LEARNING OBJECTIVES: BSST.ASWC.17.05.07 - Hypergeometric Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

29 Assume that you have a binomial experiment with p = 0.4 and a sample size of 50 The variance of this distribution is

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

30 In a binomial experiment the probability of success is 0.06 What is the probability of two successes in seven trials?

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

31 Random variable x has the probability function f(x) = X/6, for x = 1, 2 or 3

The expected value of x is

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

Trang 11

KEYWORDS: Bloom's: Apply

32 A random variable that may take on any value in an interval or collection of intervals is known as a

a continuous random variable

b discrete random variable

c mixed type random variable

LEARNING OBJECTIVES: BSST.ASWC.17.05.01 - Random Variables

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability

Distributions

KEYWORDS: Bloom's: Remember

33 The following represents the probability distribution for the daily demand of computers at a local store

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

34 The following represents the probability distribution for the daily demand of computers at a local store

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The probability of having a demand for at least two computers is

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

35 The student body of a large university consists of 60% female students A random sample of 8 students is selected What is the probability that among the students in the sample exactly two are female?

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

36 The student body of a large university consists of 60% female students A random sample of 8 students is selected What is the probability that among the students in the sample at least 7 are female?

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

37 The student body of a large university consists of 60% female students A random sample of 8 students is selected What is the probability that among the students in the sample at least 6 are male?

a 0.0413

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LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

38 Roth is a computer-consulting firm The number of new clients that they have obtained each month has ranged from 0

to 6 The number of new clients has the probability distribution that is shown below

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

39 Roth is a computer-consulting firm The number of new clients that they have obtained each month has ranged from 0

to 6 The number of new clients has the probability distribution that is shown below

Trang 14

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

40 Roth is a computer-consulting firm The number of new clients that they have obtained each month has ranged from 0

to 6 The number of new clients has the probability distribution that is shown below

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

41 Forty percent of all registered voters in a national election are female A random sample of 5 voters is selected The probability that the sample contains 2 female voters is

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POINTS: 1

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

42 Forty percent of all registered voters in a national election are female A random sample of 5 voters is selected The probability that there are no females in the sample is

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

43 Consider the probability distribution below

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

44 Consider the probability distribution below

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LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

45 A sample of 2,500 people was asked how many cups of coffee they drink in the morning You are given the following sample information

Cups of Coffee Frequency

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

46 A sample of 2,500 people was asked how many cups of coffee they drink in the morning You are given the following sample information

Cups of Coffee Frequency

a .96

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LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

47 The probability that Pete will catch fish when he goes fishing is 8 Pete is going to fish 3 days next week Define the

random variable x to be the number of days Pete catches fish The probability that Pete will catch fish on exactly one day

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

48 The probability that Pete will catch fish when he goes fishing is 8 Pete is going to fish 3 days next week Define the

random variable x to be the number of days Pete catches fish The probability that Pete will catch fish on one day or less

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

49 The probability that Pete will catch fish when he goes fishing is 8 Pete is going to fish 3 days next week Define the

random variable x to be the number of days Pete catches fish The expected number of days Pete will catch fish is

a .6

b .8

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LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

50 The probability that Pete will catch fish when he goes fishing is 8 Pete is going to fish 3 days next week Define the

random variable x to be the number of days Pete catches fish The variance of the number of days Pete will catch fish is

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

51 The random variable x is the number of occurrences of an event over an interval of ten minutes It can be assumed that

the probability of an occurrence is the same in any two-time periods of an equal length It is known that the mean number

of occurrences in ten minutes is 5.3 Which of the following discrete probability distributions' properties are satisfied by

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

52 The random variable x is the number of occurrences of an event over an interval of ten minutes It can be assumed that

the probability of an occurrence is the same in any two-time periods of an equal length It is known that the mean number

of occurrences in ten minutes is 5.3 The appropriate probability distribution for the random variable is

Trang 19

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

53 The random variable x is the number of occurrences of an event over an interval of ten minutes It can be assumed that

the probability of an occurrence is the same in any two-time periods of an equal length It is known that the mean number

of occurrences in ten minutes is 5.3 The expected value of the random variable x is

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Understand

54 The random variable x is the number of occurrences of an event over an interval of ten minutes It can be assumed that

the probability of an occurrence is the same in any two-time periods of an equal length It is known that the mean number

of occurrences in ten minutes is 5.3 The probability that there are 8 occurrences in ten minutes is

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

55 The random variable x is the number of occurrences of an event over an interval of ten minutes It can be assumed that

the probability of an occurrence is the same in any two-time periods of an equal length It is known that the mean number

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of occurrences in ten minutes is 5.3 The probability that there are less than 3 occurrences is

LEARNING OBJECTIVES: BSST.ASWC.17.05.06 - Poisson Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

56 The probability distribution for the daily sales at Michael's Co is given below

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

57 The probability distribution for the daily sales at Michael's Co is given below

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NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

58 The probability distribution for the number of goals the Lions soccer team makes per game is given below

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

59

Oriental Reproductions, Inc is a company that produces handmade carpets with oriental designs The production records show that the monthly production has ranged from 1 to 5 carpets The production levels and their respective probabilities are shown below

ProductionPer Month Probability

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LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

60 Oriental Reproductions, Inc is a company that produces handmade carpets with oriental designs The production records show that the monthly production has ranged from 1 to 5 carpets The production levels and their respective probabilities are shown below

ProductionPer Month Probability

LEARNING OBJECTIVES: BSST.ASWC.17.05.03 - Expected Value and Variance

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

61 Thirty-two percent of the students in a management class are graduate students A random sample of 5 students is

selected Using the binomial probability function, determine the probability that the sample contains exactly 2 graduate

students? (Round to three decimal places.)

ANSWER: 0.322 (rounded)

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

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62 Seventy percent of the students applying to a university are accepted Using the binomial probability tables, what is

the probability that among the next 18 applicants

a At least 6 will be accepted?

b Exactly 10 will be accepted?

c Exactly 5 will be rejected?

d Fifteen or more will be accepted?

e Determine the expected number of acceptances

f Compute the standard deviation

United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

63 General Hospital has noted that they admit an average of 8 patients per hour

a What is the probability that during the next hour less than 3 patients will be admitted?

b What is the probability that during the next two hours exactly 8 patients will be admitted?

United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

64 The demand for a product varies from month to month Based on the past year's data, the following probability distribution shows MNM company's monthly demand

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4,000 0.10

a Determine the expected number of units demanded per month

b

Each unit produced costs the company $8.00, and is sold for $10.00 How much will the

company gain or lose in a month if they stock the expected number of units demanded, but

United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

65 Twenty-five percent of the employees of a large company are minorities A random sample of 7 employees is selected

a What is the probability that the sample contains exactly 4 minorities?

b What is the probability that the sample contains fewer than 2 minorities?

c What is the probability that the sample contains exactly 1 non-minority?

d What is the expected number of minorities in the sample?

e What is the variance of the minorities?

United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

66 A salesperson contacts eight potential customers per day From past experience, we know that the probability of a potential customer making a purchase is 10

a What is the probability that the salesperson will make at least exactly two sales in a day?

b What is the probability that the salesperson will make at least two sales in a day?

c What percentage of days will the salesperson not make a sale?

d What is the expected number of sales per day?

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United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

67 A life insurance company has determined that each week an average of seven claims is filed in its Nashville branch

a What is the probability that during the next week exactly seven claims will be filed?

b What is the probability that during the next week no claims will be filed?

c What is the probability that during the next week fewer than four claims will be filed?

d What is the probability that during the next week at least seventeen claims will be filed?

United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

68 When a particular machine is functioning properly, 80% of the items produced are non-defective If three items are examined, what is the probability that one is defective? Use the binomial probability function to answer this question.

DIFFICULTY: Moderate

LEARNING OBJECTIVES: BSST.ASWC.17.05.05 - Binomial Probability Distribution

NATIONAL STANDARDS: United States - BUSPROG: Analytic

STATE STANDARDS: United States - AK - DISC: Probability Distributions

KEYWORDS: Bloom's: Apply

69 Ten percent of the items produced by a machine are defective Out of 15 items chosen at random,

a what is the probability that exactly 3 items will be defective?

b what is the probability that less than 3 items will be defective?

c what is the probability that exactly 11 items will be non-defective?

ANSWER:

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