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Work Sheet II For Accountants

This document contains a worksheet with 12 statistics problems. It provides context for group assignments where students will work together to solve questions 3, 5, 8, 10, 11, and 12 from the worksheet. These questions cover topics like probability, binomial distribution, normal distribution, and expected value and variance calculations. Students are to form groups of 7 or less and submit their answers to the assigned questions before sitting for the next test or midterm exam.

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yoftahe habtamu
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130 views3 pages

Work Sheet II For Accountants

This document contains a worksheet with 12 statistics problems. It provides context for group assignments where students will work together to solve questions 3, 5, 8, 10, 11, and 12 from the worksheet. These questions cover topics like probability, binomial distribution, normal distribution, and expected value and variance calculations. Students are to form groups of 7 or less and submit their answers to the assigned questions before sitting for the next test or midterm exam.

Uploaded by

yoftahe habtamu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Addis Ababa University

College of Natural and Computational Sciences


Department of Statistics
Basic Statistics (Stat 2131) Worksheet II
1. If a multiple choice test consists of 4 questions each with 4 possible answers of which one is
correct
a. In how many ways can a student check off one answer to each question?

b. In how many ways can a student check off one answer for each question and get all
the questions wrong?
2. A fair die is tossed once. What is the probability of getting
a) Number 4?
b) An odd number?
c) An even number?
d) Number 8?
3. The personnel department of a company has records which show the following analysis of
its 200 accountants.
Age Bachelor’s degree only Master’s degree
Under 30 90 10
30 to 40 20 30
Over 40 40 10
If one accountant is selected at random from the company, find
i) The probability he has only a bachelor’s degree
ii) The probability he has a master’s degree, given that he is over 40
iii) The probability he is under 30, given that he has a bachelor’s degree
4. Let A and B be two events associated with an experiment and suppose that P(A)=0.4 while
P(AUB)=0.7. Let P(B)=P
a) For what choice of P are A and B mutually exclusive?
b) For what choice of P are A and B independent?
5. Let the random variable x represent the number of defective in four items. Assume the
probability distribution for the random variable x is as shown below.
X 0 1 2 3 4

p(
X =x i ) 0.2 0.1 0.3 p 0.1

A. Compute value of p
B. Compute Expected Value of X.
C. Compute variance of X

6. Suppose a charity organization is mailing printed return-address stickers to over one million
homes in the Ethiopia. Each recipient is asked to donate either $1, $2, $5, $10, $15, or $20.
Based on past experience, the amount a person donates is believed to follow the following
probability distribution:
a) What is expected that an average donor to contribute?
b) Compute the variance of donates.
7. State the conditions (assumptions) under which random variable can have a binomial
distribution.
8. The probability that a freshman entering AAU (Science Faculty) will survive first semester
is 0.92. (From 2021/22 academic year statistics). Assuming this pattern remain unchanged
over the subsequent years, what is the probability that among 100 randomly selected
freshmen in first semester,
a. None will survive.
b. Exactly 97 will survive.
c. At least three will survive.
d. Compute Expected Value of number of freshmen survive.
e. Compute variance of number of freshmen survive.
9. Suppose that 4% of all TVs made by A&B Company in 2000 are defective. If eight of these
TVs are randomly selected from across the country and tested, what is the probability that
exactly three of them are defective? Assume that each TV is made independently of the
others.
10. A secretary makes 2 errors per page on the average. What is the probability that on the next
page she makes?
a. 4 or more errors?
b. No errors?
c. Compute expected value of number of errors per page.
d. Compute variance of errors per page

11. If 1.6 accidents can be expected an intersection on any given day, what is the probability
that there will be 3 accidents on any given day?
12. A random variable X has a normal distribution with mean 80 and standard deviation 4.8.
What is the probability that it will take a value.
a. Less than 87.2
b. Greater than 76.4
c. Between 81.2 and 86.0

Note concerning group assignment:

Group formation: you can form groups with not more than 7 students.

Assignment Questions: 3, 5, 8, 10, 11, 12


Due Date: before two days you sit for test/mid exam.

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