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SB-Quiz-4 - quiz sb
Statistic of business (University of Economics Ho Chi Minh City-International School of
Business)
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Dashboard My courses BACHELOR BBUS 14 SB_S1(2023-2024)DH49ISB-4 Quiz Quiz 4 (Session 4)
Started on Monday, 30 October 2023, 12:28 PM
State Finished
Completed on Monday, 30 October 2023, 12:58 PM
Time taken 30 mins
Marks 17.00/20.00
Grade 8.50 out of 10.00 (85%)
Question 1 Complete Mark 1.00 out of 1.00
The results of a census of 2,500 employees of a mid-sized company with 401(k) retirement accounts are as follows:
Account Balance
(to nearest $) Male Female
$50,000 635 495
$50,000-$99,999 185 210
$100,000-$150,000 515 260
> $150,000 155 45
Suppose researchers are going to sample employees from the company for further study.
Based on the relative frequency assessment method, what is the probability that a randomly selected employee will have a 401(k) account balance less than $150,000?
a. 0.4040
b. 0.6160
c. 0.9200 Correct
d. 0.0800
Question 2 Complete Mark 0.00 out of 1.00
A hospital reports that two patients have been admi ed who have contracted Crohn's disease. Suppose our experiment consists of observing whether each patient
survives or dies as a result of the disease. The simple events and probabilities of their occurrences are shown in the table (where S in the first position means that patient
1 survives, D in the first position means that patient 1 dies, etc.).
Find the probability that at least one of the patients does not survive.
a. 0.25
b. 0.21 Incorrect
c. 0.11
d. 0.46
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Question 3 Complete Mark 0.00 out of 1.00
Suppose that B1 and B2 are mutually exclusive and complementary events, such that P(B1) = .6 and Consider another event A such that P(A | B1) =.2 and P(A
| B2) = .5. Find P(B1 | A).
a. .625
b. .240 Incorrect
c. .800
d. .375
Question 4 Complete Mark 0.00 out of 1.00
Which of the following assignments of probabilities to the elementary events A, B, and C is valid if A, B, and C are the only elementary events in the experiment?
a.
P(A) = 0, P(B) = , P(C) =
b.
P(A) = , P(B) = , P(C) = Incorrect
c.
P(A) = - , P(B) = , P(C) =
d.
P(A) = , P(B) = , P(C) =
Question 5 Complete Mark 1.00 out of 1.00
and A and B are independent events, find P(B).
a. .22
b. .55
c. .4 Correct
d. .88
Question 6 Complete Mark 1.00 out of 1.00
The managers of a local golf course have recently conducted a study of the types of golf balls used by golfers based on handicap. A joint frequency table for the 100
golfers covered in the survey is shown below:
Based on these data, the probability that a player will use a Strata golf ball is:
a. 0.15
b. None of the above
c. 0.18
d. 0.20 Correct
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Question 7 Complete Mark 1.00 out of 1.00
For two events, A and B, P(A) = .6, P(B) = .8,
a. .4 Correct
b. .625
c. .3
d. .833
Question 8 Complete Mark 1.00 out of 1.00
The Anderson Lumber Company has three sawmills that produce boards of different lengths. The following table is a joint frequency distribution based on a random
sample of 1,000 boards selected from the lumber inventory.
Based on these data, if a board is selected that is 12 feet long, the probability that it was made at sawmill A is:
a. 0.20
b. 0.08
c. 0.24
d. 0.41 Correct
Question 9 Complete Mark 1.00 out of 1.00
In a class of 40 students, 22 are women, 10 are earning an A, and 7 are women that are earning an A. If a student is randomly selected from the class, find the probability
that the student is a woman or earning an A.
a. .625 Correct
b. .975
c. .25
d. .8
Question 10 Complete Mark 1.00 out of 1.00
A study was recently done in which 500 people were asked to indicate their preferences for one of three products. The following table shows the breakdown of the
responses by gender of the respondents.
Suppose one person is randomly chosen. Based on this data, what is the probability that the person chosen is a female who prefers product C?
a. 0.86
b. 0.24 Correct
c. 0.31
d. 0.92
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Question 11 Complete Mark 1.00 out of 1.00
A study was recently done in which 500 people were asked to indicate their preferences for one of three products. The following table shows the breakdown of the
responses by gender of the respondents.
Based on these data, the probability that a person in the population will prefer product A can be assessed as:
a. 0.56 Correct
b. 0.18
c. 0.16
d. 0.286
Question 12 Complete Mark 1.00 out of 1.00
The Jack In The Box franchise in Bangor, Maine, has determined that the chance a customer will order a soft drink is 0.90. The probability that a customer will order a
hamburger is 0.60. The probability that a customer will order french fries is 0.50.
If a customer places an order, what is the probability that the order will include a soft drink and no fries if these two events are independent?
a. 0.70
b. 0.65
c. 0.45 Correct
d. 0.50
Question 13 Complete Mark 1.00 out of 1.00
An inventory of appliances contains four white washers and one black washer. If a customer selects one at random, what is the probability that the black washer will be
selected?
a. 0.8
b. 0.4
c. 0.2 Correct
d. 0.5
Question 14 Complete Mark 1.00 out of 1.00
The managers of a local golf course have recently conducted a study of the types of golf balls used by golfers based on handicap. A joint frequency table for the 100
golfers covered in the survey is shown below:
Based on these data, if a player has a handicap that is 10 or more, the probability that he or she will use a Nike golf ball is:
a. 0.10
b. 0.48
c. 0.21 Correct
d. 0.45
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Question 15 Complete Mark 1.00 out of 1.00
If the probability of occurrence of event A is not affected by the occurrence of event B, then A and B are said to be:
a. statistically independent Correct
b. collectively exhaustive
c. basic events
d. mutually exclusive
Question 16 Complete Mark 1.00 out of 1.00
Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical probability assessment for computing probability is used, the
probability that the next customer will purchase a computer is:
a. 1.00
b. 0.50 Correct
c. 0.75
d. 0.25
Question 17 Complete Mark 1.00 out of 1.00
Probabilities of different types of vehicle-to-vehicle accidents are shown below:
Accident Probability
Car to Car 0.65
Car to Truck 0.17
Truck to Truck 0.18
Find the probability that an accident involves a car.
a. 0.17
b. 0.18
c. 0.65
d. 0.82 Correct
Question 18 Complete Mark 1.00 out of 1.00
Kim submi ed a list of 12 movies to an online movie rental company. The company will choose 3 of the movies and ship them to her. If all movies are equally likely to
be chosen, what is the probability that Kim will receive the three movies that she most wants to watch?
a.
b. Correct
c.
d.
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Question 19 Complete Mark 1.00 out of 1.00
The managers of a local golf course have recently conducted a study of the types of golf balls used by golfers based on handicap. A joint frequency table for the 100
golfers covered in the survey is shown below:
Based on these data, the probability of a golfer having a handicap less than 10 is:
a. 0.52 Correct
b. 0.10
c. None of the above
d. 0.34
Question 20 Complete Mark 1.00 out of 1.00
In a survey, respondents were asked to indicate their favorite brand of cereal (Post or Kellogg's). They were allowed only one choice. What is the probability concept
that implies it is not possible for a single respondent to state both Post and Kellogg's to be the favorite cereal?
a. Concept of dependent events
b. Concept of mutually exclusive events Correct
c. Concept of independent events
d. Concept of mutually inclusive events
◄ Quiz 3 (Session 3) Jump to... Group Assignment 1 ►
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