Answer Key - Chapter 4 Quiz
Answer Key - Chapter 4 Quiz
a. probability experiment
b. outcome
c. sample space
d. priori probability
2. Find the sample space for the gender of the children if a family has three children.
a. 3
b. 6
c. 10
d. 8
3. Find the probability of getting a red ace when a card is drawn at random from an ordinary deck of
cards. Note there are 52 cards in a deck and red shapes are heart and diamond.
a. 1/52
b. 2/26
c. 4/52
d. 1/26
Sol:
a. 10
b. 0.1
c. 0.7
d. 0
Sol: There are only 6sides in a die and the maximum number you can get is 6. Which means it is
impossible to get a 9 with only 1 die.
5. Complement. If the probability that a person lives in an industrialized country of the world is 1/5, find
the probability that a person does not live in an industrialized country.
a. 2/5
b. 3/5
c. 4/5
d. 5/5
6. Two events are independent if the occurrence of one event affects the probability of the occurrence
of the other event.
a. True
b. False
7. The multiplication rule for independent events states that the probability of two independent events
occurring together is equal to the product of the probabilities of the two events occurring separately.
a. True
b. False
8. The multiplication rule for independent events can be used to calculate the probability of any number
of independent events occurring together.
a. True
b. False
9. Marginal probability using the general multiplication rule is the probability of a single event occurring,
given that another event has not already occurred.
a. True
b. False
10. Marginal probability using the general multiplication rule can be calculated using the following
formula: P(A|B) = P(A and B) / P(A)
a. True
b. False
11. A company can use the multiplication rule for independent events to calculate the probability of a
customer buying both product A and product B, given that they have already bought product A.
a. True
b. False
12. A company can use the multiplication rule for independent events to calculate the probability of a
customer responding to both the TV commercial campaign and the social media campaign, given that
they have already responded to the TV commercial campaign.
a. True
b. False
13. The general multiplication rule can be used to calculate the marginal probability of a customer
making a purchase, given that they have already visited the company's website.
a. True
b. False
14. The general multiplication rule is a powerful tool that can be used to make better decisions about
business operations.
a. True
b. False
15. Independence and the multiplication rules in business statistics are important concepts that can be
used to understand and predict the behavior of customers and businesses.
a. True
b. False
16. Three urns contain 6 red, 4 black; 4 red, 6 black, and 5 red, 5 black balls respectively. One of the urns
is selected at random and a ball is drawn from it. If the ball drawn is red, find the probability that it is
drawn from the first urn.
a. 2/3
b. 2/5
c. 3/2
d. 5/2
17. An insurance company insured 2000 scooter drivers, 4000 car drivers, and 6000 truck drivers. The
probability of an accident involving a scooter driver, car driver, and a truck is 0.01, 0.03, and 0.015
respectively. One of the insured persons meets with an accident. What is the probability that he is a
scooter driver?
a. 2/23
b. 1/52
c. 2/32
d. 1/25
18. Amy has two bags. Bag 1 has 7 red and 4 blue balls and bag 2 has 5 red and 9 blue balls. Amy draws a
ball at random and it turns out to be red. Determine the probability that the ball was from the bag 1.
a. 65.04
b. 60.54
c. 64.50
d. 64.05
19. There are two boxes containing black and green stones. First box has 2 black and 2 green stones and
the second box has 4 black and 1 green stones. A stone is picked randomly from one of the boxes and is
found to be green. What is the probability that the stone is drawn from the second box?
a. 1/5
b. 3/7
c. 2/7
d. 1/2
20. Suppose you roll a die thrice. How many different possible outcomes can occur?
A. 729
B. 18
C. 216
D. 8
21. A man has 3 different suits, 4 different shirts and 5 different pairs of shoes. In how many different
ways can this man wear a suit, a shirt and a pair of shoes?
A. 60
B. 12
C. 81
D. 243
22. How many ways can you arrange five people standing in line?
A. 3,125
B. 25
C. 10
D. 120
23. There are 10 marbles in a bag, numbered from 0 to 9. How many ways of 3 different digits could be
formed by picking them up from the bag, without replacement?
A. 720
B. 30
C. 1,000
D. 120
24. Patricia has to choose 5 marbles from 12 marbles. In how many ways can she choose them?
A. 120
B. 60
C. 792
D. 95,040