Sample midterm-2 - Sample Midterm- 2 EC-271, Quinnipiac...

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Unformatted text preview: Sample Midterm- 2 EC-271, Quinnipiac University, Fall 2009, Ibrahim Abou-Saad Question # 1: (Chapter 4) Imagine drawing one card from a deck of 52 cards, event A is getting a black card, event B is getting a red card, event C is getting a non Ace card, event D is getting a Spade card, event E is getting an Ace card, event F is getting a queen of clubs, and event G is not getting a queen of clubs. Part A: List all possible combinations of events that are Mutually Exclusive Part B: List all possible combinations of events that are Collectively Exhaustive Part C: List all possible combinations of events that are both Collectively Exhaustive and Mutually Exclusive Part D: find the following probabilities of occurrence. I. P(A and F) II. P(A or F) III. P(any combination of Mutually Exclusive events) IV. P(any combination of both Mutually Exclusive and Collectively Exhaustive events) Question #2: (Chapter 5) Suppose that the total number of students in your university for simplicity is 8 students, and each student have an equal and same probability of getting or not getting the N1H1 Flu this semester, what is the probability that half of students will get the flu? (Hint: X = 4, n = 8, and...
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This note was uploaded on 07/11/2010 for the course ECON 100 taught by Professor Niger during the Spring '10 term at Aarhus Universitet, Aarhus.

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Sample midterm-2 - Sample Midterm- 2 EC-271, Quinnipiac...

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