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Assignment__Chap005

This document is an assignment focused on probability concepts, featuring multiple-choice questions and problem-solving tasks. It covers fundamental probability definitions, calculations, and applications, including events, outcomes, and the principles of independent and mutually exclusive events. The assignment also includes practical scenarios requiring the application of probability to real-world situations.

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8 views

Assignment__Chap005

This document is an assignment focused on probability concepts, featuring multiple-choice questions and problem-solving tasks. It covers fundamental probability definitions, calculations, and applications, including events, outcomes, and the principles of independent and mutually exclusive events. The assignment also includes practical scenarios requiring the application of probability to real-world situations.

Uploaded by

zohaehsan0
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CHAPTER 5 ASSIGNMENT

A SURVEY OF PROBABILITY CONCEPTS

Name __________________________________ Section _________ Score _______

Part I Select the correct answer and write the appropriate letter in the space provided.

______ 1. Which of the following statements regarding probability is always correct?


a. A probability can range from 0 to 1.
b. A probability close to 0 means the event is not likely to happen.
c. A probability close to 1 means the event is likely to happen.
d. all of the above are correct.

______ 2. According to the classical definition of probability


a. All the events are equally likely.
b. The probability is based on hunches.
c. Divide the number of successes by the number of failures.
d. One outcome is exactly twice the other.

______ 3. The observation of some activity or the act of taking some measurement is called
a. an outcome. b. an experiment.
c. a probability. d. an event.

______ 4. The particular result of an experiment is called


a. an experiment. b. an event.
c. a probability. d. an outcome.

______ 5. An event is the collection of one or more


a. outcomes. b. combinations.
c. probabilities. d. experiments.

______ 6. If A and B are mutually exclusive events then P(A or B) equals


a. P(A) + P(B)  P(A and B) b. P(A)  P(B)
c. P(A) + P(B) d. P(A|B) + P(B|A)

______ 7. If A and B are independent events, then P(A and B)) equals
a. P(A) + P(B|A). b. P(A)  P(B).
c. P(A) + P(B). d. P(A|B) + P(B|A).

______ 8. Which formula represents the probability of the complement of event A?


a. 1 + P(A) b. 1  P(A)
c. P(A) d. P(A) 1

______ 9. The simultaneous occurrence of two events is called


a. prior probability b. subjective probability
c. conditional probability d. joint probability
______ 10. If the probability of an event is 0.3, that means
a. the event has a 70% chance of not occurring.
b. the complement of the event has a 30% chance of occurring.
c. the event has a 30% chance of not occurring.
d. the complement of the event has a 70% chance of not occurring.

Part II Answer each question below. Be sure to show all of your work.

11. A recent study of young executives showed that 30 percent run, 20 percent
bike and 12 percent do both. What is the percent of young executives who run 11.
or bike?

12. A survey of publishing jobs indicates that 92 percent are completed on time. Assume that three jobs
are selected for study.
a. What is the probability they are all completed on time?
a.

b. What is the probability that at least one was not completed on time?
b.

13. Today’s local newspaper lists 20 stocks “of local interest.” Of these stocks,
ten increased, five decreased and five remained unchanged yesterday. If we 13.
decide to buy two of the stocks, what is the likelihood that both increased
yesterday?
14. Six employees of a marketing firm had effectiveness ratings as follows: 0.72,
0.46, 0.59, 0.64, 0.81 and 0.76. Find the probability of selecting an employee a.
with the indicated effectiveness rating.
a. Greater than 0.75.

b. Less than 0.75 but greater than 0.5. b.

c. Greater than the mean.


c.

d. Not less than 0.9.


d.

15. A freight train is going to carry four tankers, six coal cars, and ten lumber
cars. How many different arrangements of cars are possible? 15.

16. The United Way Campaign of Greater Toledo had fifteen applications for
funding this year. If eight of these applications can be funded, how many 16.
different lists of successful applications are there?
17. A market analyst is hired to provide information on the Women Men Total
type of customers who shop at a particular store. A Under 30 30 8 38
random survey is taken of 100 shoppers at this store. Of 30 to 50 25 14 39
these 100, 73 are women. The shoppers are grouped in 50 & over 18 5 23
three age categories, under 30, 30 up to 50 and 50 and Totals 73 27 100
over. The data is summarized in the table.

Let W be the event that a randomly selected shopper is a woman.


Let A be the event that a randomly selected shopper is under 30.

a. Find the probability of W.


a.

b. Find the probability of A.


b.

c. Find the probability of A and W.


c.

d. Find the probability of A or W.


d.

e. Find the probability of A given W.


e.

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