ManSci - Chapter 3 - Quiz 1

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a method used to compute posterior probabilities by revising prior probabilities based on additional

(new) info

bayes' theorem

P(A ^ B) ≥ P(A) [^is the intersection]

a. True

b. False

If A and B are independent events, then P(A^B) = P(A)P(B).

a. True

b. False

A graphical device used for enumerating sample points in a multiple-step experiment is a Venn diagram.

a. True

b. False

A joint probability can have a value greater than 1.

a. True

b. False

P(A|B) = 1 − P(B|A) for all events A and B.

a. True
b. False

If A and B are independent events with P(A) = 0.1 and P(B) = 0.5, then P(A B) = .6.

a. True

b. False

If 50 of 250 people contacted make a donation to the city symphony, then the relative frequency
method assigns a probability of .2 to the outcome of making a donation.

a. True

b. False

An automobile dealership is waiting to take delivery of nine new cars. Today, anywhere from zero to all
nine cars might be delivered. It is appropriate to use the classical method to assign a probability of 1/10
to each of the possible numbers that could be delivered.

a. True

b. False

P(A|B) + P(A|Bc) = 1 for all events A and B.

Bc= complement

a. True

b. False

b
If P(A U B) = P(A) + P(B), then A and B are mutually exclusive.

a. True

b. False

...

If A and B are mutually exclusive events, then P(A | B) = 0.

a. True

b. False

When the results of experimentation or historical data are used to assign probability values, the method
used to assign probabilities is referred to as the

relative frequency method

A joint probability can have a value greater than 1. T/F

False

If 50 of 250 people contacted make a donation to the city symphony, then the relative frequency
method assigns a probability of .2 to the outcome of making a donation. T/F

True

The probability of an event

is the sum of the probabilities of the sample points in the event.

The range of probability is

zero to one.
Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical
method for computing probability is used, the probability that the next customer will purchase a
computer is

0.50

A method of assigning probabilities based upon judgment is referred to as the

1 classical method

2 probability method

3 none of the alternatives is correct

4 relative method

3 none

A list of all possible outcomes of an experiment is called

the sample space

Which of the following is not a valid representation of a probability?

1 1.04

2 3/8

3 35%

40

1 1.04

A method of assigning probabilities that assumes the experimental outcomes are equally likely is
referred to as the

classical method
The probability of an intersection of two events is computed using the

multiplication law

Any process that generates well-defined outcomes is

an experiment

The expected value of the discrete random variable x is μ, a weighted average of all possible values of x.
T/F

True

Which of the following are continuous random variables?

I.the weight of an elephant

II.the time to answer a questionnaire

III.the number of floors in a skyscraper

IV.the square feet of counter top in a kitchen

I, II, IV

A random variable that can take on any value along a line segment is a continuous random variable. T/F

True

A standard normal distribution is a normal distribution with

a mean of 0 and a standard deviation of 1

Experimental outcomes must occur as numerical values in order to define their probability distribution.
T/F

False
The probability of a continuous variable having a specific value is 0. T/F

True

The Poisson probability distribution is used with a continuous random variable. T/F

False

Variance is

a measure of the dispersion of a random variable

he Sample Space

list of all possible outcomes of an experiment is called

Classical Method

A method of assigning probabilities that assumes the experimental outcomes are equally likely is
referred to as

True

Probability values are always assigned on a scale from 0to 1

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