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25 44 in a study conducted by ucla it was found that

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Unformatted text preview: g at a random sample of 300 Ivey University freshmen. A. [236.45 273.55] B. [26.45 63.55] C. [110.25 369.75] D. [38.82 51.18] 1-360 Chapter 01 - An Introduction to Business Statistics 49. The variable "employment status" which can take on one of two values: 1 for "employed" and 0 for "unemployed" is an example of a _____________ random variable. A. Poisson B. Discrete C. Hypergeometric D. Continuous 50. If x is a binomial random variable, then the standard deviation of x is given by A. np B. (npq)2 C. √npq D. npq 51. A random variable that is defined to be the total number of successes in n trials is a _____ random variable. A. Binomial B. Poisson C. Hypergeometric D. Continuous 52. A discrete variable that can often be used to describe the number of occurrences of an event over a specified interval of time or space is a _____ random variable. A. Poisson B. Discrete C. Hypergeometric D. Continuous 53. The requirement that the probability of success remains constant from trial to trial is a property of the _______________ distribution. A. Binomial B. Poisson C. Hypergeometric D. Continuous 1-361 Chapter 01 - An Introduction to Business Statistics 54. The distribution whose mean is equal to its variance is the _________ distribution. A. Binomial B. Poisson C. Hypergeometric D. Continuous 55. For a random variable X, the mean value of the squared deviations of its values from their expected value is called its A. Standard Deviation B. Mean C. Probability D. Variance 56. The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 10%. If 3 calculators are selected at random, what is the probability that one of the calculators will be defective? A. .0702 B. .0010 C. .2430 D. .7290 57. The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 10%. If 10 calculators are selected at random, what is the probability that 3 or more of the calculators will be defective? A. .0702 B. .2639 C. .0016 D. 0 1-362 Chapter 01 - An Introduction to Business Statistics 58. The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 10%. If 100 calculators are selected at random, what is the expected number of defectives? A. 9 B. 90 C. 10 D. 95 59. The J.O. Supplies Company buys calculators from a Korean supplier. The probability of a defective calculator is 10%. If 100 calculators are selected at random, what is the standard deviation of the number of defectives? A. 9.00 B. 3.17 C. 9.49 D. 3.00 60. Historical data shows that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every 2 hours. Assume that the patient arrivals are distributed according to Poisson distribution. Determine the probability of 6 patients arriving in a five-hour period. A. .136 B. .109 C. .246 D. .001 61. Historical data shows that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every 2 hours. Assume that the patient arrivals are distributed according to Poisson distribution. Determine the probability of at least 4 but no more than 8 patients arriving in a three-hour period. A. .3813 B. .5711 C. .4276 D. .7861 E. .6174 1-363 Chapter 01 - An Introduction to Business Statistics 62. If the probability distribution of X is: What is the expected value of X? A. 1.0 B. 5.0 C. 2.25 D. 2.24 63. If the probability distribution of X is: What is the variance of X? A. 1.0 B. 5.0 C. 2.25 D. 2.24 64. Assume the number of trucks passing an intersection has a Poisson distribution with mean of 5 trucks per minute. What is the probability of 0 or 1 trucks in one minute? A. .0404 B. .0337 C. .0842 D. .0067 1-364 Chapter 01 - An Introduction to Business Statistics 65. A vaccine is 95 percent effective. What is the probability that it is not effective for: One and only one individual out of 20 individuals? A. .0179 B. .3585 C. .0189 D. .3774 66. A vaccine is 95 percent effective. What is the probability that it is not effective for: More than one out of 20 individuals? A. .7359 B. .3585 C. .2641 D. .3774 67. If the probability of a success on a single trial is .2, what is the probability of obtaining 3 successes in 10 trials if the number of successes is binomial? A. .0031 B. .5033 C. .1074 D. .2013 68. The number of calls coming into a PBX follows a Poisson process with a mean of 120 calls per hour. What is the probability of no calls in a one-minute interval? A. 0 B. .1353 C. .4060 D. .3679 69. If x is a Poisson random variable with a mean of 10, what is the probability that x is greater than 6? A. .9329 B. .7797 C. .8698 D. .0002 1-365 Chapter 01 - An Introduction to Business Statistics 70. Three candidates run for different offices in different counties. Each has a one in three chance of being elected in his/her county. What is the probability that at least one of them will be elected? A. .2963 B. .7037 C. .33 D. .667 71. A tes...
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This document was uploaded on 01/20/2014.

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