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BA 328 Chap 3 and 4 Quiz

The document provides information about statistical concepts including measures of central tendency, dispersion, skewness, and z-scores. It includes examples of computing median, mean, range, standard deviation, variance, interquartile range, coefficient of variation, and z-scores from data sets. It also discusses concepts such as quartiles, percentiles, skewness, the empirical rule, and Chebyshev's theorem. Multiple choice questions are provided about these statistical topics along with solutions to compute requested values from data examples.

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Beboy Torregosa
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© © All Rights Reserved
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0% found this document useful (0 votes)
102 views

BA 328 Chap 3 and 4 Quiz

The document provides information about statistical concepts including measures of central tendency, dispersion, skewness, and z-scores. It includes examples of computing median, mean, range, standard deviation, variance, interquartile range, coefficient of variation, and z-scores from data sets. It also discusses concepts such as quartiles, percentiles, skewness, the empirical rule, and Chebyshev's theorem. Multiple choice questions are provided about these statistical topics along with solutions to compute requested values from data examples.

Uploaded by

Beboy Torregosa
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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KAYIIII

1. A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8, 9, 11. Compute for the first quartile.
Answer: 4.75
Solution: percentile = 25th percentile or first quartile
n= 6 observations

Compute for 1st quartile:


Location of Percentile =(p/100)(n+1)
(25/100)(6+1)
= (0.25)(7)
Location of Percentile= 7/4 or 1.75

Either of smallest or largest:


25th value (smallest) = Smallest Value + (excess of smallest Value) x (Largest- Smallest
= 4 + (0.75 [1.75-1]) x (5-4)
= 4 + (0.75) x 1
th
25 value (smallest) = 4.75
Or
25th value (largest) = Largest Value - (opposite of excess in smallest) x (Largest- Smallest
= 5 - (0.25) x (5-4)
= 5 - (0.25) x 1
25th value (largest) = 4.75
9. Which of the following is a measure of dispersion?
a. interquartile range
b. quartiles
c. percentiles
d. all the answers are correct

12. If the data distribution is symmetric, the skewness is .


a. 0
b. 0.5
c. 1
d. none of the answers is correct

16. A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8, 9, 11. Compute for the mean.
Answer: 8.17

Solution: Mean = Sum of observations / total no. of observations


= 5+12+4+8+9+11 / 6
Mean= 8.1666666667

17. A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8, 9, 11. Compute for the range.
Answer: 8

Solution: Range = Largest value – Smallest Value


= 12 – 4
Range = 8

18. can be used to make statements about the proportion of data values that must be
within a specified number of standard deviations of the mean, regardless of the shape of the
distribution.
a. Chebyshev’s theorem
b. the empirical rule
c. a five-number summary
d. a box plot

21. The symbol for is r.


a. sample covariance
b. population covariance
c. sample of correlation
d. population of correlation

22. The measure of location most likely to be influence by extreme values in the data set is the
.
a. mean
b. mode
c. range
d. median

23. Many families in Metro Manila are using backyard structures for home offices, art studios,
and hobby areas as well as additional storage. Suppose that the mean price for a customized
wooden backyard structure is 31000. Assume that the standard deviation is 12000. What is the
z=score for a backyard structure costing 49000? (Round off final answer to two decimal places)
Answer: 1.50
Solution: Solution: z-score = x - mean / standard deviation
= 49,000- 31,000 / 12,000
= 18,000 / 12,000
z-score = 1.50

24. The mean of a sample is .


a. always equal to the mean of population
b. always smaller than the mean of the population
c. computed by summing the data values and dividing the sum by (n-1)
d. computed by summing all the data values and dividing the sum by the number of items

25. When the data are positively skewed, the mean will usually be .
a. less than the median
b. greater than median
c. less than mode
d. greater than mode

26. The symbol for is r.


a. sample covariance
b. population covariance
c. sample of correlation
d. population of correlation

27. A graph with skewness – 1.8 would be which of the following?


a. moderately skewed left
b. highly skewed left
c. moderately skewed right
d. highly skewed right

28. The interquartile range is the difference between the .


a. first and second quartiles
b. second and fourth quartiles
c. first and third quartiles
d. second and third quartiles

29. A numerical measure of linear association between two variables is the .


a. variance
b. covariance
c. standard deviation
d. coefficient of variation

30. Positive values of covariance indicate .


a. a positive variance of the x values
b. a positive variance of the y values
c. the standard deviation positive
d. a positive relation between the x and y variables
31. The median of a sample will always equal the .
a. mode
b. all of the answers are correct
c. mean
d. 50th percentile

32. A numerical measure of linear association between two variables is the .


a. variance
b. z-score
c. correlation coefficient
d. none of the answers are correct

34. A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8, 9, 11. Compute for the standard deviation.
Answer: 3.19
Solution: Through excel

36. Many families in Metro Manila are using backyard structures for home offices, art studios,
and hobby areas as well as additional storage. Suppose that the mean price for a customized
wooden backyard structure is 31000. Assume that the standard deviation is 12000. What is the
z=score for a backyard structure costing 49000? (Round off final answer to two decimal places)
Answer: 1.50

Solution: z-score = x - mean / standard deviation


= 49,000- 31,000 / 12,000
= 18,000 / 12,000
z-score = 1.50

37. A graphical summary of data that is based on a five-number summary is a .


a. histogram
b. stem-and-leaf display
c. scatter diagram
d. box plot

38. Since the median is the middle value of a data set, it must always be .
a. larger than the mode
b. smaller than the mode
c. none of the answers is correct
d. smaller than the mean

40. Five observations taken for two variables follow.


X 6 11 15 21 27
Y 6 9 6 17 12
Compute for the sample covariance.
Answer: 26.5
Solution: Through Excel
Sample Covariance (X, Y) =n∑i=1 (Xi −M(X))(Yi −M(Y)) / N-1
= (40+5+4+35+22)-1
= (106) / 5 -1
= 106 / 4
Sample Covariance = 26.5

41. For data skewed to the left, the skewness is .


a. between 0 and 5
b. less than 1
c. positive
d. negative

42. The sample variance


a. can never be zero
b. is always larger than the true value of the population variance
c. is always smaller than the true value of the population variance
d. could be smaller, equal to, or larger than the true value of the population variance

43. The measure of location often used in analyzing growth rates in financial data is the
a. hyperbolic mean
b. arithmetic mean
c. geometric mean
d. weighted mean

Solution: Variance= 324


Mean= 160
Standard Deviation = 18 (just input in excel (=SQRT(VARIANCE))
Coefficient of Variation = ?

Coefficient of Variation = (Standard Deviation / Mean) x 100


= (18/160) x 100
= 0.1125 x 100
Coefficient of Variation = 11.25
45. Excel’s function can be used to compute the sample correlation coefficient.
a. CORR.S
b. CORR
c. CORREL.S
d. CORREL

46. The symbol σ is used to represent the .


a. variance of a sample
b. standard deviation of a sample
c. standard deviation of a population
d. variance of a population
47. A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8, 9, 11. Compute for the coefficient of variation.
Answer: 39.04
Solution: Through Excel

Coefficient of Variation = (Standard Deviation/ Mean) x 100


= 3.188521078/8.166667 x 100

Coefficient of Variation = 39.04311524


48. The results of a national survey showed that on average, adults sleep 6.9 hours per night.
Suppose that the standard deviation is 1.2 hours. Use Chebyshev’s Theorem to calculate the
percentage of individuals who sleep between 3.9 and 9.9 hours.
Answer: 84%

Solution: z-score = x - mean / standard deviation


=3.9- 6.9 / 1.2
= -3 /1.2
z-score = - 2.5

Chebyshev’s Theorem percentage =(1-(1/-2.5^2))


=.84 or 84%
or
z-score = x - mean / standard deviation
=9.9- 6.9 / 1.2
= 3 /1.2
z-score = 2.5

Chebyshev’s Theorem percentage =(1-(1/2.5^2))


=.84 or 84%
49. Many families in Metro Manila are using backyard structures for home offices, art studios,
and hobby areas as well as additional storage. Suppose that the mean price for a customized
wooden backyard structure is 31000. Assume that the standard deviation is 12000. What is the
z=score for a backyard structure costing 23000?
Answer: -0.67

Solution: z-score = x - mean / standard deviation


= 23,000- 31,000 / 12,000
= -8,000 / 12,000
z-score = -0.67

50. An important numerical measure related to the shape of a distribution is the .


a. correlation coefficient
b. variance
c. skewness
d. relative location

A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8 , 9, 11. Compute for the median. (Round off the final answer to 2
decimal places) 8.5

Solution: Arrange first: 4,5,8,9,11,12

Choose the middle numbers (if even) = 8+9/2 = 8.50

A sample of 9 mothers was asked the age of their oldest child. Their responses are as follows: 5,
12, 4, 8 , 9, 11. Compute for the variance. (Round off the final answer to 2 decimal places). 10.17
Solution:

A graph with skewness –1.8 would be which of the following?

1.moderately skewed left


2.highly skewed left

3.moderately skewed right


4.highly skewed right

The amount of time that a sample of students spends watching television per day is as follows:
40, 28, 71, 48, 49, 35, 40, 57. Compute for the 1st quartile. (Round off the final answer to 2
decimal places) 36.25
Solution: (through excel)

A set of visual displays organizing and presenting information used to monitor the performance
of a company or organization in a manner that is easy to read, understand, and interpret is
called a .
1. stem-and-leaf display

2.stacked bar chart


3.data dashboard
4.crosstabulation

Five observations taken for two variables follow.


x 6 11 15 21 27
y 6 9 6 17 12

Compute for the sample correlation coefficient. (Round off your answer to two decimal places)
0.69

Solution:

Excel's function can be used to compute the sample covariance.

1.COVARIANCE

2. COVARIANCE.S

3. COVAR

4. COVAR.S

The descriptive measure NOT measured in the same units as the original data is the .
mode
median

standard deviation
variance

In statistics, what does IQR mean?


1.individual quantity range

2.inter-quantity relativity
3.individual quartile relativity
4.inter-quartile range

A(n) is an unusually small or unusually large data value

1.sample statistic

2. median

3.z-score

4.outlier

A numerical measure computed from a sample, such as sample mean, is known as a .


population statistic
sample parameter
population parameter
sample statistic

A mean computed in such a way that each data value is given a weight reflecting its importance
is referred to as a(n) .
trimmed mean
weighted mean
heavy mean

important mean

The standard deviation of a sample of 100 observations is 64. The variance of the sample is?
(Don't use commas in your answer) 4096
Solution: Workback: 64 is the standard deviation, and standard deviation is resulted from
square root of original amount which is the variance, so just 64 to the power of 2 or 64^2=
4096.

The correlation coefficient .


1.is the same as the covariance
2.can be larger than 1

3. cannot be larger than 1

4.cannot be negative

A numerical measure, such as a mean, computed from a population is known as a .


population statistic
sample parameter
population parameter
sample statistic

The five-number summary consists of what five statistical measures?


1. min, Q1, median, Q3, max

2.Q1, Q2, median, Q3, Q4

3.min, Q1, mean, Q3, max


4Q1, Q2, mean, Q3, Q4

Five observations taken for two variables follow.


x6 11 15 21 27
y6 9 6 17 12

Compute for the sample correlation coefficient. (Round off your answer to two decimal
places) 0.69 (same sa usa ka prob sa babaw)

Chebyshev's theorem is applicable .


1.only to large (n > 30) data sets
2. only to data sets with no outliers

3.only to bell-shaped data sets


4. to any data set

If r = 0.48 for data set A and r = –0.48 for data set B, which of the following is true?
1.The variables in A are more strongly correlated than the variables in B.
2.The data values in A are all positive, while the data values in B are all negative.
3.The two data sets have the same level of correlation.
4.None of the answers is correct.

The amount of time that a sample of students spends watching television per day is as follows:
40, 28, 71, 48, 49, 35, 40, 57. Compute for the 3rd quartile. (Round off the final answer to 2
decimal places) 55

Solution:

A graph with skewness –1.8 would be which of the following?


1.moderately skewed left
2. highly skewed left

3.moderately skewed right


4.highly skewed right
The descriptive measure of dispersion that is based on the concept of a deviation about the
mean is .
the range

both the range and the interquartile range


the interquartile range

neither the range nor the interquartile range

The correlation coefficient ranges from which two values?


1.0 and 1
2.−1 and +1
3. minus infinity and plus infinity

4.1 and 100

The variance of a sample or a population cannot be .

less than1
zero
negative
calculated
The Alternative Energy Association reported that the mean retail price per gallon of regular-
grade gasoline was 34.30. Suppose that the standard deviation was 1.0 and that the retails
price per gallon has a bell-shaped distribution. Use the Empirical Rule. What percentage of
regular-grade gasoline sold for between 33.30 and 36.30 per gallon? 81.50%

The weight (in pounds) of a sample of 36 individuals was recorded, and the following statistics
were calculated. mean = 160; mode = 165; median = 170; range = 60; variance = 324. The
coefficient of variation is. (Show your answer in decimal form and round it off to 4 decimal
places)

Answer: 0.1125
Solution: Variance= 324
Mean= 160
Standard Deviation = 18 (just input in excel (=SQRT(VARIANCE))
Coefficient of Variation = ?

Coefficient of Variation = (Standard Deviation / Mean) x 100


= (18/160) x 100
= 0.1125 (no need to multiply by 100 since decimal form gipangayo)

The amount of time that a sample of students spends watching television per day is as follows:
40, 28, 71, 48, 49, 35, 40, 57. Compute for the IQR. (Round off the final answer to 2 decimal
Places) 18.75
Solution: IQR = Quartile 3 – Quartile 1

= 55 – 36.25

IQR = 18.75
The denotes the number of standard deviations xi is from the mean
1.variance
2.median

3. z-score
4. normal deviation
The amount of time that a sample of students spends watching television per day is as follows:
40, 28, 71, 48, 49, 35, 40, 57. Compute for the 2nd quartile. (Round off the final answer to 2
decimal places) 44

Solution:

ZENNYYYY
The coefficient of variation indicates how large the standard deviation is relative to the \

1. Mean
2. Range
3. Variance
4. Mean
5. Median
The variance of a sample of 81 observations is 64. The standard deviation of the sample is?
(Don't use commas in your answer)
8

Excel's function can be used to compute the middle value of an ordered data set. Select
one:
MEDIAN
MAX
AVERAGE

MODE
A sample of 9 mothers was asked the age of their oldest child. Their responses are as
follows: 5, 12, 4, 8 , 9, 11. Compute for the 60th percentile. (Round off the final answer to 2
decimal places)
9.4

The measure of variability easiest to compute, but seldom used as the only measure, is the
. Select one:
VARIANCE
STANDARD DEVIATION
RANGE
INTERQUARTILE RANGE

A box plot is a graphical representation of data that is based on . Select one:


1. THE EMPIRICAL RULE

2. Z-SCORES
3. A HISTOGRAM
4. A FIVE-NUMBER SUMMARY
An important measure of location for categorical data is the . Select one:
1. MODE
2. MARGIN
3. MEDIAN
4. MEAN

DABEYYYY
Can be used to determine the percentage of data values that must be within one, two, and
three standard deviations of the mean for data having a bell-shaped distribution.
1. CHEBYSHEV'S THEOREM
2. THE EMPIRICAL RULE
3. A FIVE-NUMBER SUMMARY
4. A BOX PLOT

Chebyshev's theorem requires that z be .


1. an integer
2. greater than 1
3. less than or equal to 3
4. between 0 and 4

Which of the following values of r indicates the strongest correlation? Select one:
1. 0.82
2. 0.361

3. 0
4. –0.9

If the variance of a data set is correctly computed with the formula using n − 1 in the
denominator, which of the following is true? Select one:
1. THE DATA SET IS A POPULATION.
2. THE DATA SET COULD BE EITHER A SAMPLE OR A POPULATION.
3. THE DATA SET IS FROM A CENSUS.
4. THE DATA SET IS A SAMPLE.
1. If A and B are mutually exclusive, then.
a. P(A|B)=0
b. P(A|B)=1
c. P(A) + P(B) = 1
d. P(A) + P(B) = 0

2. If P(A) = .85, P(B) = .76, and P(A n B) = .72, then P(A | B) = .


a. 0.95
b. 0.15
c. 0.25
d. 0.53

3. If P(A) = .50, P(B) = .60, and P(An B) = .30, then events A and B are
a. Not enough information is given to answer this question..
b. independent events
c. not independent events
d. mutually exclusive events

4. If P(A) = .5 and P(B) = .5, then P(A ∩ B) .


a. is 0.25
b. cannot be determined from the information given
c. is 0
d. is 1

5. Suppose that, from a population of 50 bank accounts, we want to take a random


sample of four accounts in order to learn about the population. How many different
random samples of four accounts are possible? (Don't use commas or spaces in
your final answer.)

Answer: 230300

6. In an experiment, events A and B are mutually exclusive. If P(A) = .6, then the
probability of B
a. can be any value greater than .6
b. cannot be larger than 4
c. cannot be determined with the information given
d. can be any value between 0 and 1

7. The probability of the occurrence of event A in an experiment is 1/3. If the


experiment is performed two times and event A did not occur, then on the third trial
event A
a. has a 2/3 probability of occurring
b. could not occur
c. may occur
d. must occur

8. You roll a fair six-sided die with the hopes of rolling a 5 or a 6. These two events
are because they have no sample points in common.
a. Complements
b. independent events
c. posterior events
d. mutually exclusive events

9. The sales records of a real estate agency show the following sales over the past
200 days:
Number of Number
Houses Sold of Days
0 60
1 80
2 40
3 16
4 4

How many sample points are there?


5

10. The probability of at least one head in two flips of a coin is


a. .75
b. 1
c. .50
d. .33

11. A lottery is conducted using three urns. Each urn contains chips numbered from
0 to 9. One chip is selected at random from each urn. The total number of sample
points in the sample space is
a. 729
b. 100
c. 1,000
d. 30

12. The results of a survey of 800 married couples and the number of children they
had is shown below. The results of a survey of 800 married couples and the number
of children they had are shown below.
Number of Children Probability
0 0.050
1 0.125
2 0.600
3 0.150
4 0.050
5 0.025
If a couple is selected at random, what is the probability that the couple will have less
than four children? (Present your answer in decimal form and round it off to two
decimal places)

Answer: 0.93

13. Each customer entering a department store will either buy or not buy some
merchandise. An experiment consists of following three customers and determining
whether or not they purchase any merchandise. The number of sample points in this
experiment is
a. 6
b. 8
c. 04
d. 2

14. The sales records of a real estate agency show the following sales over the past
200 days:
Number of Number
Houses Sold of Days
0 60
1 80
2 40
3 16
4 4

What is the probability of selling less than three houses? (Present your answer in
decimal form and round it off to two decimal places)
Answer: 0.90

15. If P(A) = .62, P(B) = 47, and P(A u B) = .88; then P(A n B) =
a. 0.291
b. 0.670
c. 0.210
d. 1.970

16. The results of a survey of 800 married couples and the number of children they
had is shown below. The results of a survey of 800 married couples and the number
of children they had are shown below.
Number of Children Probability
0 0.050
1 0.125
2 0.600
3 0.150
4 0.050
5 0.025
If a couple is selected at random, what is the probability that the couple will have
more than two children? (Present your answer in decimal form and round it off to two
decimal places)

Answer: 0.23

17. Events A and B are mutually exclusive. Which of the following statements is also
true?
a. A and B are also independent.
b. P(AUB) = P(A)P(B)
c. P(A U B) = P(A) + P(B)
d. P(An B) = P(A) + P(B)

18. The probability of an event is


a. the maximum of the probabilities of the sample points in the event
b. the minimum of the probabilities of the sample points in the event
c. the sum of the probabilities of the sample points in the event
d. the product of the probabilities of the sample points in the event

19. The multiplication law is potentially helpful when we are interested in computing
the probability of
a. None of the answers is correct.
b. the union of two events
c. the intersection of two events
d. mutually exclusive events

20. Three applications for admission to a local university are checked to determine
whether each applicant is male or female. The number of sample points in this
experiment is
a. 2
b. 4
c. 6
d. 8

21. Two events are mutually exclusive if


a. the probability of their intersection is 5
b. the probability of their intersection is 1
c. the probability of their intersection is 1 and they have no sample points in
common
d. they have no sample points in common

22. If X and Y are mutually exclusive events with P(X) = .295, P(Y) = .32, then P(X U
Y) =
a. 1
b. 0.094
c. 0.615
d. 0

23. If A and B are independent events with P(A) = .4 and P(B) = .25, then P(A U B) =
a. 0.65
b. 0.10
c. Not enough information is given to answer this question.
d. 0.55

24. The sample space refers to


a. the set of all possible experimental outcomes
b. any particular experimental outcome
c. both any particular experimental outcome and the set of all possible
experimental outcome
d. the sample size minus 1

25. Fortune magazine publishes an annual list of the 500 largest companies in the
United States. The corporate headquarters for the 500 companies are located in 38
different states. The following table shows the eight states with the largest number of
Fortune 500 companies.
State Number of Companies
California 53
Illinois 32
New Jersey 21
New York 50
Ohio 28
Pennsylvania 23
Texas 52
Virginia 24

Suppose one of the 500 companies is selected at random for a follow-up


questionnaire. What is the probability that the company selected has its corporate
headquarters in one of the eight states listed above? (Present your answer in
decimal form and round it off to two decimal places)

Answer: 0.57
26. On a December day, the probability of snow is 30. The probability of a "cold" day
is .50. The probability of snow and a "cold" day is .15. Are snow and "cold weather
independent events?
a. only when they are also mutually exclusive
b. only if given that it snowed
c. No
d. yes

27. The results of a survey of 800 married couples and the number of children they
had is shown below. The results of a survey of 800 married couples and the number
of children they had are shown below.
Number of Children Probability
0 0.050
1 0.125
2 0.600
3 0.150
4 0.050
5 0.025
If a couple is selected at random, what is the probability that the couple will have
more than two children? (Present your answer in decimal form and round it off to two
decimal places)

Answer: 0.23

28. Fortune magazine publishes an annual list of the 500 largest companies in the
United States. The corporate headquarters for the 500 companies are located in 38
different states. The following table shows the eight states with the largest number of
Fortune 500 companies.
State Number of Companies
California 53
Illinois 32
New Jersey 21
New York 50
Ohio 28
Pennsylvania 23
Texas 52
Virginia 24

Suppose one of the 500 companies is selected at random for a follow-up


questionnaire. What is the probability that the company selected has its corporate
headquarters in California, New York, or Texas? (Present your answer in decimal
form and round it off to two decimal places)

Answer: 0.31
29. All the employees of ABC Company are assigned ID numbers. The ID number
consists of the first letter of an employee's last name, followed by four numbers. How
many possible different ID numbers are there? (Don't use commas or spaces in your
final answer.)

Answer: 260000

30. A(n) is a collection of sample points.


a. Permutation
b. Probability
c. Experiment
d. event

31. A(n) is a collection of sample points.


a. Permutation
b. Probability
c. Event
d. experiment

32. The sales records of a real estate agency show the following sales over the past
200 days:
Number of Number
Houses Sold of Days
0 60
1 80
2 40
3 16
4 4

What is the probability that the agency will not sell any houses in a given day?
(Present your answer in decimal form and round it off to two decimal places)

Answer: 0.3

33. The collection of all possible sample points in an experiment is


a. an experiment
b. a sample point
c. the sample space
d. the population

34. If A and B are mutually exclusive events with P(A) = 0.3 and P(B) = 0.5, then P(A n
B) =
a. 0.30
b. 0
c. 0.20
d. 0.15

35. An experiment consists of tossing four coins successively. The number of sample
points in this experiment is
a. 2
b. 8
c. 16
d. 4

Additional

36. If A and B are independent events with P(A) = .05 and P(B) = .65, then P(A l B) =

a. 0.05
b. 0.80
c. 0.0325
d. 0.65

37. The sales records of real estate agency shows the following sales over the past
200 days:

Number Number
House Sold of Days
0 60
1 80
2 40
3 16
4 4
What is the probability of selling one or two houses?(Present your answer in decimal
from and round it off to two decimal places) 0.60

38. A magician holds a standard deck of cards and draws one card. The probability
of drawing the ace of diamonds is 1/52. What method of assigning probabilities was
used?
a. objective method
b. subjective method
c. experimental method
d. classical method

39. Revised probabilities of events based on additional information are .


a. posterior probabilities
b. marginal probabilities
c. joint probabilities
d. complementary probabilities

40. The results of a survey of 800 married couples and the number of children theyhad are
shown below.
Number of Children Probability
0 0.050
1 0.125
2 0.600
3 0.150
4 0.050
5 0.025
If a couple is selected at random, what is the probability that the couple will haveeither
two or three children
0.75

41. Given that even E has a probability of .25, the probability of the complement of
event E .
a. Cannot be determined with the above information
b. Can have any value between 0 and 1
c. Is 0.25
d. Must be 0.75

42. When the results of experimentation or historical data are used to assign
probability values, the method used to assign probabilities is referred to as the
.
a. Posterior method
b. Relative frequency method
c. Subjective method
d. Classical method

43. A couple has three children. Assuming each child has an equal chance of being
a boy or a girl, what is the probability that they have at least one girl?
a. 0.875
b. 1
c. 0.125
d. 0.50

44. A committee of four is to be selected from a group of 12 people. How many possible
committees can be selected? (Don't use commas or spaces in your finalanswer.) 495
45. If P(A) = .6, P(B) = .3, and P(A ∩ B) = .2, then P(B | A) = .

a. 0.33
b. 0.67
c. 0.9
d. 0.5

46. If a coin is tossed three times, the likelihood of obtaining three heads in a row is
a. 0
b. 0.125
c. 0.500
d. 0.875

47. Assume your favorite football team has two games left to finish the season. Theoutcome
of each game can be win, lose, or tie. The number of possible outcomes is
.4
a. 9
b. 6
c. 2

48. If P(A) = .80, P(B) = .65, and P(A ∩ B) = .78, then P(B | A) = .

Not enough information is given to answer this question. a.

0.6700
b. 0.8375c.
0.9750

49. The symbol ∩ shows the .

a. None of the answers is correct.


b. sum of the probabilities of events
c. union of events
d. intersection of events

50. There is a 60% chance of getting stuck in traffic when leaving the city. On two
separate days, what is the probability that you get stuck in traffic both days.

a. 0.30
b. 0.36
c. 0.60
d. 1.20
51. A sample point refers to a(n)

a. All of the answers are correct.


b. individual outcome of an experiment
c. set of all possible experimental outcomes
d. numerical measure of the likelihood of the occurrence of an event

52. Since the sun MUST rise tomorrow, then the probability of the sun rising
tomorrow is .
a. None of the answers is correct.
b. infinity
c. much larger than 1
D. 0

53. A graphical device used for enumerating sample points in a multiple-step


experiment is a .

a. None of the answers is correct.


b. histogram
c. bar chart
d. tree diagram

54. The union of events A and B is the event containing .

a. all the sample points belonging to A or B


b. all the sample points common to both A and B c. all
the sample points belonging to A or B or both
d. all the sample points belonging to A or B, but not both

55. Two events with nonzero probabilities .


a. cannot be both mutually exclusive and independent
b. can be both mutually exclusive and independent
c. are always independent
d. are always mutually exclusive

56. Fortune magazine publishes an annual list of the 500 largest companies in the United
States. The corporate headquarters for the 500 companies are located in 38different states.
The following table shows the eight states with the largest numberof Fortune 500
companies.
State Number of Companies
California 53
Illinois 32
New Jersey 21
New York 50
Ohio 28
Pennsylvania 23
Texas 52
Virginia 24
Suppose one of the 500 companies is selected at random for a follow-up
questionnaire. What is the probability that the company selected has its corporate
headquarters in California? (Present your answer in decimal form and round it off totwo
decimal places)

Answer: 0.11

57. If P(A | B) = 0.3,

a. P(B | A) = 0.7
b. P(Ac | Bc) = 0.7
c. P(A | Bc) = 0.7d.
P(Ac | B) = 0.7

58. If A and B are independent events with P(A) = .2 and P(B) = .6, then P(A ∪ B) =
.

a. 0.68
b. 0.12
c. 0.60
d. 0.62

59. The sales records of a real estate agency show the following sales over the past 200 days:

Number of Number

Houses Sold of Days


0 60

1 80
2 40
3 16 4 4

What is the probability of selling at least two houses?0.30

60. If P(A | B) = .3 and P(B) = .8, then .


a. P(A ∩ B) = .24
b. P(A) = .24
c. P(B | A) = .7
d. P(A ∩ B) = .5

61. Initial estimates of the probabilities of events are known as .

a. posterior probabilitiesb.
prior probabilities
c. conditional probabilities
d. sets

62. If P(A) = .75, P(A ∪ B) = .86, and P(A ∩ B) = .56, then P(B) =a.

0.25
b. 0.67
c. 0.11
d. 0.56

63. The probability of the union of two events with nonzero probabilities .

a. cannot be less than 1


b. cannot be less than one and cannot be 1
c. cannot be 1
d. None of the answers is correct.

64. The symbol ∪ indicates the .

a. union of events
b. intersection of events
c. sum of the probabilities of events
d. sample space
65. A method of assigning probabilities based upon judgment is referred to as the
.

a. relative frequency method


b. probability method
c. classical method
d. None of the answers is correct.

66. Posterior probabilities are .

a. simple probabilities
b. joint probabilities
c. conditional probabilities
d. marginal probabilities

67. Two events, A and B, are mutually exclusive and each has a nonzero probability. Ifevent A
is known to occur, the probability of the occurrence of event B is

a. any value between 0 and 1


b. any positive valuec.
0
d. 1

68. One of the basic requirements of probability is .

a. if there are k experimental outcomes, then P(E1) + P(E2) + ... + P(Ek) = 1


b. both P(A) = P(Ac) − 1 and if there are k experimental outcomes, then P(E1) +
P(E2) + ... + P(Ek) = 1
c. for each experimental outcome Ei, we must have P(Ei) ≥ 1
d. P(A) = P(Ac) – 1

\
70. Events A and B are mutually exclusive with P(A) = .3 and P(B) = .2. The probabilityof the
complement of event B equals .

a. 0
b. 0.70
c. 0.06
d. None of the answers is correct.
71. A is a graphical representation in which the sample space is
represented by a rectangle and events are represented as circles.

a. tree diagram
b. Venn diagram
c. histogram

72. If A and B are independent events with P(A) = .38 and P(B) = .55, then P(A | B) =a.

0.209
b. None of the answers is correct.
c. 0
d. 0.550

73. When the assumption of equally likely outcomes is used to assign probabilityvalues,
the method used to assign probabilities is referred to as the .

a. relative frequency method


b. classical method
c. probability method
d. subjective method

74. If P(A ∩ B) = 0, .

a. A and B are independent events


b. A and B are mutually exclusive eventsc.
P(A) + P(B) = 1
d. either P(A) = 0 or P(B) = 0

75. If P(A) = .50, P(B) = .60, and P(A ∩ B) = .30, then events A and B are .

a. not independent eventsb.


independent events
c. mutually exclusive events
d. Not enough information is given to answer this question.
76. If a fair penny is tossed three times and comes up heads all three times, the
probability of heads on the fourth trial is .

a. larger than the probability of tails


b. None of the answers is correct.
c. 1/16
d. smaller than the probability of tails

77. If A and B are independent events with P(A) = 0.1 and P(B) = .4, then .

a. P(A ∩ B) = .04
b. P(A ∩ B) = .25
c. P(A ∩ B) = 0
d. P(A ∩ B) = .5

78. If P(A) = .62, P(B) = .47, and P(A ∪ B) = .88; then P(A ∩ B) =a.

0.670
b. 1.970
c. 0.291
d. 0.210
79. The addition law is potentially helpful when we are interested in computing the
probability of .

a. independent events
b. the union of two events
c. the intersection of two events
d. conditional events

80. Bayes' theorem is used to compute .

a. the posterior probabilities


b. both the prior probabilities and the union of events
c. the prior probabilities
d. the union of events

81. A B C D E

1 Prior Conditional Joint Posterior


2 Event Probability Probability Probability Probability 3

A1 0.25 0.31

For the Excel worksheet above, which of the following formulas would correctly
calculate the joint probability for cell D3?

a. =B3*C3
b. =B3/C
c. =B3+C3
d. =SUM (B3:C3)

82. The complement of P(A | B) is .


a. P(B | A)
b. P(Ac | B)
c. P(A I B)
d. P(A | Bc)

83.

A B C D E

1 Prior Conditional Joint Posterior

2 Event Probability Probability Probability Probability 3

A1 0.45 0.22 0.099

4 A2 0.55 0.16 0.088

5 0.187

For the Excel worksheet above, which of the following formulas would correctly
calculate the posterior probability for cell E3?

a. SUM(B3:D3)
b. D5/$D$3
c. B3/C3+D3d.
D3/$D$5
84. If A and B are independent events with P(A) = .4 and P(B) = .6, then P(A ∩ B) =
.

a. 0.76
b. 1
c. 0.20
d. 0.24

85. Posterior probabilities are computed using .

a. Chebyshev's theorem
b. the empirical rule
c. the classical method
d. Bayes' theorem

86. A company plans to interview 10 recent graduates for possible employment. Thecompany
has three positions open. How many groups of three can the company select? 120

87. All the employees of ABC Company are assigned ID numbers. The ID number
consists of the first letter of an employee's last name, followed by four numbers.
How many possible different ID numbers are there for employees whose last namestarts
with an "A"?

10,000

88. If a fair penny is tossed four times and comes up heads all four times, the
probability of heads on the fifth trial is .
a. 1/32b.
½
c. 0
d. 1/5

89. A six-sided die is rolled three times. The probability of observing a 1 three times in a row
is .

a. 1/3
b. 1/216
c. 1/6 d.
1/27

90. If two events are mutually exclusive, then the probability of their intersection
.

a. will be equal to 0
b. must be larger than zero, but less than 1c.
will be 1
d. can have any value larger than 0

91. A student has to take seven more courses before she can graduate. If none of
the courses are prerequisites to others, how many groups of three courses can she select for
the next semester? 35

92. On a December day, the probability of snow is .30. The probability of a "cold" dayis .50.
The probability of snow and a "cold" day is .15. Are snow and "cold" weather independent
events?

a. Yes
b. only if given that it snowedc.
No
d. only when they are also mutually exclusive

93. The probability of the intersection of two mutually exclusive events .

a. must always be equal to 0


b. must always be equal to 1
c. can be any value between 0 and 1 d.
can be any positive value

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