Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

1. A small manufacturing company will start operating a night shift. There are 20 mechanists employed by the company. If a night crew consists of 3 mechanists, how many different crews are possible?
(A) 1140
(B) 6840
(C) 4913
(D) 5780
(E) not enough information to compute
(F) none of the above

2. A box contains 6 pens and 4 pencils. Two items are randomly selected simultaneously from this box. Find the probability that both selected items are pens.
(A) 16
(B) 13
(C) 23
(D) 124
(E) 112
(F) none of the above

3. How many different 8-letter codes can be formed by using all the letters of GOGOPAPA?
(A) 8!
(B) P4,8
(C) C4,8
(D) 8!4!
(E) 8!16
(F) none of the above

4. The simple mean x¯
(A) always lies in the middle class of the histogram
(B) is always the best measure of center
(C) is always the best measure of spread
(D) is always different from the sample median x˜
(E) is influenced by the outliers
(F) none of the above

5. Two fair dice are rolled simultaneously. Find the conditional probability P(sum is odd|sum is atmost 5)
(A) 35
(B) 25
(C) 15
(D) 310
(E) 110
(F) none of the above

6. The grade distribution of a large statistics class of 200 students was as follows: 21 received A grade, 32 received B grade, 98 received C grade, 30 received D grade, and 19 received F grade. Then the histogram of this date for the categorical variable 'grade':
(A) is strongly right skewed
(B) is strongly left skewed
(C) is unimodal
(D) is bimodal
(E) has an extreme outlier
(F) none of the above

7. Daily high temperatures (in Fahrenheit) recorded, in a Colorado town during first 7 days of March in a certain year, are as follows:
15 10 23 25 40 73 20 Find the five-number summary.
(A) (15, 10, 25, 73, 20)
(B) (10, 17.5, 25, 49, 73)
(C) (10, 17.5, 23, 32.5, 73)
(D) (10, 17.5, 23, 40, 73)
(E) not enough information to compute
(F) none of the above

8. Find the mild and extreme outliers of temperatures given in previous problem.
(A) 73 is the only extreme outlier
(B) 73 is the only mild outlier
(C) both 40 and 73 are mild outliers
(D) both 10 and 73 are extreme outliers
(E) there are no outliers
(F) none of the above

9. One can compute that the mean of 7 days high temperatures in problem (7) is 29.43°F (approximated to two decimal places). Find the sample mean, approximated to two decimal places, if the temperatures are measured in celcius (°C). Hint: C =59
F - 32.
(A) -15.65°C
(B) -3.43°C
(C) 4.20°C
(D) 3.43°C
(E) not enough information to compute
(F) none of the above

10. It is given that the standard deviation of 7 days high temperatures in problem (7) is 21.39°F (approximated to two decimal places). Find the sample standard deviation, approximated to two decimal places, if the temperatures are measured in celcius (°C).
(A) 11.88°C
(B) -20.12°C
(C) 3.05°C
(D) 20.12°C
(E) not enough information to compute
(F) none of the above

11. Each mortgage is classified as fixed rate (F) or variable rate (V). If four mortgages are randomly selected, find the probability that at most one of the four is a variable mortgage.

(A) 516
(B) 58
(C) 14
(D) 116
(E) 1116
(F) none of the above

12. If P(A) = 0.4, P(B) = 0.65, and P(A ∪ B) = 0.8, find P(A ∩ B).
(A) 0.2
(B) 0.25
(C) 0.6
(D) 0.35
(E) 0.4
(F) none of the above

13. If P(A) = 0.4, P(B) = 0.65, and P(A ∪ B) = 0.8, find P(A|B).
(A) 58
(B) 0.25
(C) 0.2
(D) 513
(E) not enough information to compute
(F) none of the above

14. If P(A) = 0.4, P(B) = 0.65, and P(A ∪ B) = 0.8, which one of the following is FALSE.
(A) P(B|A) = 58
(B) P(A0 ∩ B0) = 0.2
(C) P(A0 ∩ B) = 0.4
(D) P(A ∩ B0) = 0.15
(E) A and B are independent events
(F) A and B are not disjoint

15. If P(A ∪ B ∪ C) = 0.53, P(A) = 0.22, P(B) = 0.25, P(C) = 0.28, P(A ∩ B) = 0.11, P(B ∩ C) = 0.07, and P(A ∩ B ∩ C) = 0.01, find P(A ∩ C).
(A) 0.55
(B) 0.47
(C) 0.03
(D) 0.01
(E) 0.05
(F) none of the above

16. You randomly select 5 cards from a well shuffled deck of standard 52 cards. How many ways can you have at least 3 of them red cards?

(A) C3,26C2,26 + 26C4,26 + C5,26
(B) P3,26P2,26 + 26P4,26 + P5,26
(C) C3,26 + C4,26 + C5,26
(D) P3,26 + P4,26 + P5,26
(E) C3,52
C5,52
(F) none of the above

17. A little league team has 15 players and 5 of 15 players are left handed. Assume that each player can play in any position. If the coach randomly selects 9 players in an order (catcher, pitcher etc.,) for a game, find the probability that exactly 3 are left handed outfielders and all 6 other positions are occupied by right handed players.

(A) P3,5 P9,15
(B) P3,5P6,10 P9,15
(C) C3,5 C9,15
(D) C3,5C6,10 C9,15
(E) P3,9 P6,9
(F) none of the above

18. Suppose that a baseball coach randomly makes a list of batting order out of 9 players, 3 of whom are left handed. What is the probability that the first left handed player in the batting order is the third player?

(A) 23
(B) 13
(C) 528
(D) 59
(E) 3!9!
(F) none of the above

For next two problems, write all your steps clearly and write your answer as an exact simplified fraction (not as a decimal) on the front page;

19. At a certain gas station, 40% of the customers use regular gas, 35% use plus gas, and 25% use premium. Of those customers using regular gas, only 30% fill their tanks. Of those customers using plus, only 60% fill their tanks, whereas of those using premium, only 50% fill their tanks. If the next customer fills the tank, what is the probability that plus gas is requested?

20. A box contains 7 red balls, 2 yellow balls, and 1 green ball, which you cannot see inside the box. You are allowed to select two of the balls one after another without replacement. You win $20 for selecting the green ball and $5 for selecting a yellow ball and none for selecting a red ball. What is the probability that you win exactly $25? Show your steps below and enter your answer as an exact simplified fraction on the first page.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91784003
  • Price:- $50

Guranteed 36 Hours Delivery, In Price:- $50

Have any Question?


Related Questions in Management Theories

Df or computer forensics cf laboratory and what actually

(DF) or computer forensics (CF) laboratory and what actually one would find in a lab. Trust me, there are many different artifacts surrounding the DF/CF lab. After you find the article, you are to write a short 1-2 repor ...

Strategic information systems assignment - literature

STRATEGIC INFORMATION SYSTEMS ASSIGNMENT - Literature Review Write a literature review of NOT more than 2000 words. The review should demonstrate that the student has thoroughly researched their topic. Students should us ...

Business research assignments -assessment 1 - literature

Business Research Assignments - Assessment 1 - Literature Review (2000 to 2500 words) For this assessment, students are expected to demonstrate their understanding of the extant, academic literature related to an approve ...

Assessment descriptionthis assessment is a culmination

Assessment Description This assessment is a culmination piece, in which you will be given an opportunity to combine the information you have accumulated in Assessments 1 and 2. More importantly, you will need to showcase ...

In chester barnards view an organisation can be efficient

In Chester Barnard's view, an organisation can be 'efficient' without being 'effective'. Discuss. Discuss your answer, with reference to the key relevant theoretical contributions and academic studies that were reviewed ...

After paying 150 you are allowed to open a newspaper

After paying $1.50, you are allowed to open a newspaper vending machine freely (i.e. get as many as you want). In contrast, a soft drink vending machine only drops one can after you pay the same amount of money. Why? Ple ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Read the case study why arent they listening answer the

Read the Case Study, "Why Aren't They Listening?" Answer the four questions at the end of the case study (SLII Figure). Directions: Write a three-part essay (i.e., an essay that includes an introduction paragraph, the es ...

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

Dynamic leadership assessment - reflexive journalobjectives

Dynamic Leadership Assessment - Reflexive Journal Objectives - Prepare a Personal and Professional Development Plan (PPDP) for your continued leadership development, drawing on your reflections and insights from the firs ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As