Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Indicate whether the sentence or statement is true or false.

T 1. Deterministic techniques assume that no uncertainty exists in model parameters.

F 2. The probabilities of mutually exclusive events sum to zero.

T 3. A joint probability is the probability that two or more events that are not mutually exclusive can occur simultaneously.

T 4. For a continuous distribution involving a continuous random variable X, P(X <= 100) = P(X < 100).

F 5. Deterministic techniques include uncertainty and assume that there can be more than one model solution.

Multiple Choice

Identify the letter of the choice that best completes the statement or answers the question.

C 6. ____________ techniques assume that no uncertainty exists in model parameters

a. Probability

b. Probabilistic

c. Deterministic

d. Distribution

A 7. The events in an experiment are _____________ if only one can occur at a time

a. mutually exclusive

b. non-mutually exclusive

c. mutually inclusive

d. independent

C 8. P(A U B) is the probability that __________ will occur

a. A

b. B

c. A and B

d. A or B or both

9. For the normal distribution, the mean plus and minus 1.96 standard deviations will include what percent of the observations?

a. 80%

b. 84%

c. 90%

d. 95%

10. A loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is more than 22.75 oz?

a. 0.0668

b. 0.1587

c. 0.3413

d. 0.4332

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91627113
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A recent survey of college seniors evaluated how the

A recent survey of college seniors evaluated how the students view the "real world" that they are about to enter. One question asked the seniors to evaluate the future job market on a 10-point scale from 1 (dismal) to 10 ...

Letnbspxnbsp age in years of a rural quebec woman at the

Let  x  = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of  x  was approximately  σ 2  = 5.1. Suppose a recent study of age at first marriage for a rand ...

1 approximately 20 of corporate workforce are not happy

1) Approximately 20% of corporate workforce are not happy with their immediate bosses. Suppose 10 workers working in corporates are randomly selected. a) What is the probability that everybody of them is happy with his i ...

If sailsboro just paid a dividend of 2 per share amp

If Sailsboro just paid a dividend of $2 per share & dividends are expected to grow at 8%, 6%, and 5% for the next three years respectively. After that the dividends are expected to grow at a constant rate of 3% indefinit ...

A doctor wants to predict the birth weight of a newborn

A doctor wants to predict the birth weight of a newborn baby (measured in grams) based on the gestational age (measured in weeks) at the time of birth. The doctor uses 11 data points, with births ranging from 29 weeks to ...

The probability that a football game will go into overtime

The probability that a football game will go into overtime is 15%. What is the probability that exactly two of three football games will go to into? overtime? Round to the nearest thousandth.

A survey found that 80 of college students had access to a

A survey found that 80% of college students had access to a tablet. A sample of 250 college students is taken. Find the mean and standard deviation for this binomial distribution.

A manufacturer of matches randomly and independently puts

A manufacturer of matches randomly and independently puts 15 matches in each box of matches produced. The company knows that one-tenth of 6 percent of the matches are flawed. What is the probability that a matchbox will ...

Jennifers broker has shown her two options in the

Jennifer's broker has shown her two options in the securities market for investment. Security one is a bond of par value of $1,000. The bond has a coupon interest rate of 11% paid annually maturing in seven years, with y ...

Letnbspnmnbspv denote the normal random variable with

Let  N ( m ,  v ) denote the normal random variable with mean  m  and  variance   v . (a) If  X  is a  Standard Normal  variable, what is the distribution of the random variable 4 X  - 1? (b) If  X  ~  N (3,1) and  Y  ~  ...

  • 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