Unit 6 MC Flashcards
According to CBS/ New York Times poll taken in 1992, 15% of the public have responded to a telephone call-in poll. In a random group of five people, what is the probability that exactly two have responded to a call-in poll?
0.138
Alan Dershowitz, one of O.J. Simpson’s layers, has stated that only 1 out of every 1000 abusive relationships ends in murder each year. If he is correct, and if there are approximately 1.5 million abusive relationships in the United States, what is the expected value for the number of people who are killed each year by an abusive partner?
1500
A television game show has three payoffs with the following probabilities:
Payoffs ($): 0 1000 10,000
Probability: .6 .3 .1
What are the mean and standard deviation for the payoff variable?
mean: 1300
standard deviation: 2934
At a warehouse sale 100 customers are invited to choose one of 100 identical boxes. Five boxes contain $700 color television sets, 25 boxes contain $540 camcorders, and the remaining boxes contain $260 cameras. What should a customer be willing to pay to participate in the sale?
$352
The average annual incomes of high school and college graduates in a midwestern town are $21,000 and $35,000, respectively. If a company hires only personnel with at least a high school diploma and 20% of its employees have been through college, what is the mean income of the company employees?
$23,800
An insurance company charges $800 annually for car insurance. The policy specifies that the company will pay $1000 for a minor accident and $5000 for a major accident. If the probability of a motorist having a minor accident during the year is .2, and of having a major accident is, 0.5, how much can the insurance company expect to make on a policy?
$350
You can choose one of three boxes. Box A has four $5 bills and a single $100 bill, box B has 400 $5 bills and 100 $100 bills, and box C has 24 $1 bills. You can have all of box C or blindly pick one bill out of either box A or box B. Which offers the greatest expected winning?
All offer the same expected winning
Suppose you are one of 7.5 million people who send in their name for a drawing with 1 top prize of $1 million, 5 second-place prizes of $10,000, and 20 third-place prizes of $100. Is it worth the $0.44 postage it costs you to send in your name?
No, because your expected winnings are only $0.14.
You have a choice of three investments, the first of which gives you a 10% chance of making $1 million, otherwise you lose $25,000; the second of which gives you a 50% chance of making $500,000, otherwise you lose $345,000; and the third of which gives you an 80% chance of making $50,000; otherwise you make only $1,000. Assuming you will go bankrupt if you don’t show a profit, which option should you choose for the best chance of avoiding bankruptcy?
Third choice
Can the function f(x)= (x+6)/24 , for 1, 2, and 3, be the probability distribution for some random variable?
Yes
Sixty-five percent of all divorce cases cite incompatibility as the underlying reason. If four couples file for a divorce, what is the probability that exactly two will state incompatibility as the reason?
0.311
Suppose we have a random variable (X) where the probability associated with the value (10 ) (.37)^k (.63)^10-k
( k )
… for k=0,……., 10. What is the mean of X?
3.7
Which of the following are true statements?
i. The histogram of a binomial distribution with p=.5 is always symmetric no matter what n, the number of trials, is.
ii. The histogram of a binomial distribution with p=.9 is skewed to the right.
iii. The histogram of a binomial distribution with p=.9 is almost symmetric if n is very large.
i and iii
Companies proved to have violated pollution laws are being fined various amounts with the following probabilities:
fine ($): 1000. 10,000. 50,000. 100,000
prob.: .4 .3
.2 .1
What are the mean and standard deviation for the fine variable?
mean: 23,400
standard deviation: 31,350
Which of the following lead to binomial distributions?
i. An inspection procedure at an automobile manufacturing plant involves selecting a sample of cars from the assembly line and noting for each car whether there are no defects, at least one major defect, or only minor defects.
ii. As students study more and more during their AP Statistics class, their chances of getting an A on any given test continue to improve. The teacher is interested in the probability of any given student receiving various numbers of A’s on the class exams.
iii. A committee of two is to be selected from among the five teachers and ten students attending a meeting. What are the probabilities that the committee will consist of two teachers, of two students, or of exactly one teacher and one student?
None of the above gives the complete set of true responses
Which of the following is a true statement?
a) The area under a normal curve is always equal to 1, no matter what the mean and SD are
b) All bell shaped curves are normal distributions for some choice of mean and SD
c) The smaller the SD of a normal curve, the lower and more spread out the graph
d) Depending upon the value of the SD, normal curves with different means may be centered around the same number.
e) Depending upon the value of the SD, the mean and median of a particular normal distribution may be different.
a) The area under a normal curve is always equal to 1, no matter what the mean and standard deviation are
Which of the following is a true statement?
a) The area under the standard normal curve between 0 and 2 is twice the area between 0 and 1.
b) The area under the standard normal curve between 0 and 2 is half the area between -2 and 2.
c) For the standard normal curve, the interquartile range is approx. 3
d) For the standard normal curve, the range is 6.
e) For the standard normal curve, the area of the left of 0.1 is the same as the area to the right of 0.9
b) The area under the standard normal curve between 0 and 2 is half the area between -2 and 2
Populations P1 and P2 are normally distributed and have identical means. However, the standard deviation of P1 is twice the standard deviation of P2. What can be said about the percentage of observations falling between two standard deviations of the mean for each population?
The percentages are identical.
Consider the following two normal curves:
- a is wide and short (range 0 to 12)
- b is thin and tall
(range 15 to 21)
Larger mean, b; larger standard deviation, a
A trucking firm determines that its fleet of trucks averages a mean of 12.4 miles per gallon with a standard deviation of 1.2 miles per gallon on cross-country hauls. What is the probability that one of the trucks averages fewer than 10 miles per gallon?
0.0228
A factory dumps an average of 2.43 tons of pollutants into a river every week. If the standard deviation is 0.88 tons, what is the probability that in a week more than 3 tons are dumped?
0.2578
An electronic product takes an average of 3.4 hours to move through an assembly line. If the standard deviation is 0.5 hour, what is the probability that an item will take between 3 and 4 hours?
0.6730