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    Midterm Prep

    Uploaded by

    SAKHAWAT HOSSAIN KHAN MD
    This document provides 14 statistics problems related to concepts like mean, variance, probability, normal distributions, exponential distributions, and conditional probability. The problems cover topics like analyzing sick day data, outcomes of dice rolls, joint probabilities from customer account data, probabilities of achieving grades in courses, magazine subscription sales, starting salaries of business school graduates, machine breakdown times, flaws in carpets, and the relationship between gum health and heart attacks.

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    Midterm Prep

    Uploaded by

    SAKHAWAT HOSSAIN KHAN MD
    20 views2 pages
    This document provides 14 statistics problems related to concepts like mean, variance, probability, normal distributions, exponential distributions, and conditional probability. The problems cover topics like analyzing sick day data, outcomes of dice rolls, joint probabilities from customer account data, probabilities of achieving grades in courses, magazine subscription sales, starting salaries of business school graduates, machine breakdown times, flaws in carpets, and the relationship between gum health and heart attacks.

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    This document provides 14 statistics problems related to concepts like mean, variance, probability, normal distributions, exponential distributions, and conditional probability. The problems cover topics like analyzing sick day data, outcomes of dice rolls, joint probabilities from customer account data, probabilities of achieving grades in courses, magazine subscription sales, starting salaries of business school graduates, machine breakdown times, flaws in carpets, and the relationship between gum health and heart attacks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    20 views2 pages

    Midterm Prep

    Uploaded by

    SAKHAWAT HOSSAIN KHAN MD
    This document provides 14 statistics problems related to concepts like mean, variance, probability, normal distributions, exponential distributions, and conditional probability. The problems cover topics like analyzing sick day data, outcomes of dice rolls, joint probabilities from customer account data, probabilities of achieving grades in courses, magazine subscription sales, starting salaries of business school graduates, machine breakdown times, flaws in carpets, and the relationship between gum health and heart attacks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Statistics Mid Prep.

    (by Professor Byeong-Yun Chang, Ajou University)

    Name: ID:

    1. The number of sick days due to colds and flu last year was recorded by a sample of 15 adults. The
    data are:
    5 7 0 3 15 6 5 9 3 8 10 5 2
    0 12
    Compute the mean, variance and standard deviation.

    (Prob. 2 to 4) You toss a fair die


    2. Determine the sample space of the toss.
    3. If the die is balanced, determine the probability of each event in the sample space.
    4. Find the probability of the following events:
    - An even number
    - A number less than or equal to 4

    (Prob. 5 and 6) A firm has classified its customers in two ways: (1) according to whether the account is
    overdue and (2) whether the account is new (less than 12 months) or old. An analysis of the firm’s records
    provided the input for the following table of joint probabilities.

    One account is randomly selected.


    5. If the account is overdue, what is the probability that it is new?
    6. If the account is new, what is the probability that it is overdue?

    (Prob. 7 to 9) The following table lists the joint probabilities of achieving grades of A and not achieving
    A’s in two MBA courses.

    7. What is the probability that a student achieves a grade of A in marketing?


    8. What is the probability that a student achieves a grade of A in marketing, given that he or she does
    not achieve a grade of A in statistics?
    9. Are achieving grades of A in marketing and statistics independent events? Explain.
    10. A telemarketer sells magazine subscriptions over the telephone. The probability of a busy signal or
    no answer is 65%. If the telemarketer does make contact, the probability of 0, 1, 2, or 3 magazine
    subscriptions is .5, .25, .20, and .05, respectively. Find the probability that in one call she sells no
    magazines. (10 pts)

    11. The recent average starting salary for new college graduates in Business School is $47,500. Assume
    salaries are normally distributed with a standard deviation of $4,500.
    a) What is the probability of a new graduate receiving a salary between $45,000 and $50,000? (7
    points)
    b) What is the cutoff for the bottom 5% of the salaries?

    12. The time between breakdowns of aging machines is known to be exponentially distributed with a
    mean of 20 hours. The machine has just been repaired. Determine the probability that the next
    breakdown occurs more than 30 hours from now.

    13. Flaws in a carpet tend to occur randomly and independently at a rate of one every 100 square feet.
    What is the probability that a carpet hat is 8 feet by 10 feet contains no flaws. (Hint: Assume the
    number of flaws follow a Poisson distribution.)

    14. Bad gums may mean a bad heart. Researchers discovered that 85% of people who have suffered a
    heart attack had periodontal disease, an inflammation of the gums. Only 29% of healthy people
    have this disease. Suppose that in a certain community heart attacks are quite rare, occurring with
    only 10% probability. If someone has periodontal disease, what is the probability that he or she
    will have a heart attack?

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