The document contains 13 multiple choice questions about probability distributions, the Poisson distribution, and the normal distribution. The questions assess understanding of concepts like expected value, probability calculations using tables, properties of discrete probability functions, and using z-tables to find probabilities related to the standard normal distribution.
The document contains 13 multiple choice questions about probability distributions, the Poisson distribution, and the normal distribution. The questions assess understanding of concepts like expected value, probability calculations using tables, properties of discrete probability functions, and using z-tables to find probabilities related to the standard normal distribution.
The document contains 13 multiple choice questions about probability distributions, the Poisson distribution, and the normal distribution. The questions assess understanding of concepts like expected value, probability calculations using tables, properties of discrete probability functions, and using z-tables to find probabilities related to the standard normal distribution.
The document contains 13 multiple choice questions about probability distributions, the Poisson distribution, and the normal distribution. The questions assess understanding of concepts like expected value, probability calculations using tables, properties of discrete probability functions, and using z-tables to find probabilities related to the standard normal distribution.
Exhibit 5-10 The probability distribution for the number of goals the Lions soccer team makes per game is given below. Number Of Goals Probability 0 0.05 1 0.15 2 0.35 3 0.30 4 0.15
Refer to Exhibit 5-10. The expected number of goals per game is
Answer Selected Answer: 2.35 Correct Answer: 2.35
Question 2 4 out of 4 points
A local university reports that 4% of their students take their general
education courses on a pass/fail basis. Assume that 10 students are registered for a general education course. Use appropriate tables to find the following probabilities. What is the probability that at least 1 in the course are registered on a Pass/Fail basis? Answer Selected Answer: .3352 Correct Answer: .3352
Question 3 4 out of 4 points
Which of the following is a required condition for a discrete probability
A local university reports that 4% of their students take their general
education courses on a pass/fail basis. Assume that 10 students are registered for a general education course. Use appropriate tables to find the following probabilities. What is the probability that less than 2 in the course are registered on a Pass/Fail basis? Answer Selected Answer: .9418 Page 1 Correct Answer: .9418
Question 5 4 out of 4 points
An insurance company has determined that each week an average of 9
claims are filed. Assume that the claims are Poisson distributed. Find the probability that exactly 3 claims will be filed. Answer Selected Answer: .0150 Correct Answer: .0150
Question 6 4 out of 4 points
An insurance company has determined that each week an average of 9
claims are filed. Assume that the claims are Poisson distributed. Find the probability that at least 2 claims will be filed. Answer Selected Answer: .9988 Correct Answer: .9988
Question 7 4 out of 4 points
An insurance company has determined that each week an average of 10
claims are filed in their Atlanta branch. Assume that the Poisson distribution is applicable. What is the probability that during the next week less than 1 claims will be filed? Answer Selected Answer: .0000 Correct Answer: .0000
Question 8 4 out of 4 points
Using Z - tables find the probabilities that Z is greater than 2.32
Using Z - tables find the probabilities that Z is between -2.11 and 1.06 Answer Selected Answer: .8380 Correct Answer: .8380
Question 10 4 out of 4 points Page 2
Using Z - tables find z such that the area to the left of z is .8238 Answer Selected Answer: .93 Correct Answer: .93
Question 11 4 out of 4 points
Using Z - tables find z such that the area to the right of z is .025 Answer Selected Answer: 1.96 Correct Answer: 1.96
Question 12 4 out of 4 points
Exhibit 6-6 The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. Refer to Exhibit 6-6. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $30,000? Answer Selected Answer: 0.9772 Correct Answer: 0.9772
Question 13 4 out of 4 points
For a normal distribution, a negative value of z indicates
Answer Selected Answer: the z is to the left of the mean Correct Answer: the z is to the left of the mean
