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quizstatisticsformanagerialdecisionmaking.docx

4

Question 1 (Mandatory) (6 points)

 

Select all VALID probabilities values.

Question 1 options:

0%

1

110%

50/49

49/50

-0.25

1.01

Question 2 (Mandatory) (6 points)

 

Saved

Is a good hitter in baseball who has struck out the last six times due for a hit his next time up?

Question 2 options:

The Law of Large Numbers predicts the hitter is not due for a hit.

The Law of Large Numbers predicts the hitter is due for a hit.

This is an example of the Law of Averages. Yes, the hitter is now due for a hit.

This is an example of the so-called Law of Averages. No, the hitter is not due for a hit because the Law of Averages is non-existent and doesn't predict anything.

View hint for Question 2

Question 3 (Mandatory) (6 points)

 

After many observations, the relative frequency = # of events of interest / total # events appears to settle down to a constant value.

This is an example of the

1 law of averages

2 law of large numbers

Question 4 (Mandatory) (6 points)

 

How many permutations can be formed by sampling 5 things from 7 different things without replacement? 

Your Answer:

Question 4 options:

Answer

Question 5 (Mandatory) (6 points)

 

How many combinations of 4 people can be formed from 7 people?

Your Answer:

Question 5 options:

Answer

Question 6 (Mandatory) (10 points)

 

Mutually Exclusive Events

If event A and event B cannot occur jointly (simultaneously), P(A and B) = 0, and A and B are called mutually exclusive events.  So, if a local zoo only had mammals and reptiles, the sample space for types of zoo animals would be only mammals and reptiles.

Based on the zoo that had only mammals and reptiles, the sample space for this question contains only Mammals and Reptiles.

Choose the statements which are true for this scenario.

Question 6 options:

P(Mammal or Reptile) = 0, or impossible

P(Mammal or Reptile) = 1, or certain

P(Mammal and Reptile) > 0, or possible

P(Mammal and Reptile) < 0

P(Mammal and Reptile) = 0, or impossible

Question 7 6points

Toss 2 dice, and let the event be the sum of the values of the top faces. The possible outcomes are computed inside the following table

at the intersection of the row of the "toss of 1st die" and the column of "toss of 2nd die":

Table  Description automatically generated

Because there are 36 outcomes, the probability of a sum = frequency of the sum/36.

So, the probabilities of the sums are

Sum

Probability

2

1/36

3

2/36

4

3/36

5

4/36

6

5/36

7

6/36

8

5/36

9

4/36

10

3/36

11

2/36

12

1/36

Only one of the sums 2 through 12 can occur in a single toss of the dice. These are mutually exclusive events. The Simple Addition Rule P(A or B) = P(A) + P(B applies).

Additional Reading

Match the items on the left to the items on the right.

Question 7 options:

0.889

0.000

0.583

1.

P(X at least 7)

2.

P(X is not 9)

3.

P(X = 1)

Question 8 (Mandatory) (6 points)

 

What is the probability of choosing a red card or a King from a deck of 52 cards? 

For this event, choosing a red card or choosing a King, where choosing a red card and choosing a King may occur jointly, which rule applies?

Question 8 options:

General Addition Rule: P(A or B) = P(A) + P(B) - P(A and B)

General Multiplication Rule: P(A and B) = P(A) X P(B | A)

Simple Addition Rule: P(A or B) = P(A) + P(B)

Simple Multiplication Rule: P(A and B) = P(A)*P(B)

Question 9 (Mandatory) (6 points)

 

Saved

 

P(A) = 0.500

P(B) = 0.200

P(A and B) = 0.100

Are events A and B independent?

Question 9 options:

True

False

Question 10 (Mandatory) (6 points)

 

When are events A and B dependent?

Question 10 options:

P(A and B) > 0, and

P(A and B) ≠ P(A) x P(B)

P(A and B) = 0

P(A and B) = P(A) x P(B)

Hide hint for Question 10

A and B are mutually exclusive if P(A and B) = 0

Question 11

Two customers enter a store. Independently, they make decisions to purchase or not to purchase. The following diagram shows how the outcomes can occur and combine with red bolding of sequence Customer 1 does not purchase and Customer 2 does not purchase.

Diagram  Description automatically generated

The possible outcomes are shown on the right. If the event is the number of purchases, 3 events are possible: 0 purchases, 1 purchase, and 2 purchases.

Which one rule applies to the sequence of independent outcomes of Customer 1 and Customer 2?

Question 11 options:

Question 12 (Mandatory) (6 points)

 

Assume the following new probabilities:

P(Customer makes a purchase) = 0.150

P(Customer does not make a purchase) = 1- 0.150

Compute the probability that neither customer purchases (# purchases = 0), and enter your answer with 3 decimal places.

Your Answer:

Question 12 options:

Answer

Question 13 (Mandatory) (6 points)

 

Diagram  Description automatically generated

Assume the following newest probabilities:

P(Customer makes a purchase) = 0.900

P(Customer does not make a purchase) = 1- 0.900

Compute the P(1 purchase), and enter your answer with 3 decimal places.

Your Answer:

Question 13 options:

Answer

View hint for Question 13

Question 14 (Mandatory) (6 points)

 

There are two mutually exclusive reasons for visiting the emergency room of the local hospital: it is either an emergency or it is not an emergency.  If the probability that a patient visiting the emergency room has an emergency is 0.89, what is the probability that the next patient has an emergency and the patient after the next one does not have an emergency?  Assume that the patients arrive at the emergency room independently. (Round to three decimal places.)

Your Answer:

Question 14 options:

Answer

Question 15 (Mandatory) (6 points)

 

Text  Description automatically generated

P(Male) is a ______ probability.

Question 15 options:

Conditional

Marginal

Joint

Question 16 (Mandatory) (6 points)

 

Republican

Democrat

Independent

Female

0.142

0.025

0.079

Male

0.147

0.000

?

Compute the probability of the event Democrat, and enter your answer with 3 decimal places.

Your Answer:

Question 16 options:

Answer