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Question 1

4 out of 4 points

Exhibit 5-10
The probability distribution for the number of goals the Lions soccer team makes per
game is given below.
Number
Of Goals
Probability
0 0.05
1 0.15
2 0.35
3 0.30
4 0.15

Refer to Exhibit 5-10. The expected number of goals per game is


Answer
Selected Answer:
2.35
Correct Answer:
2.35

Question 2
4 out of 4 points

A local university reports that 4% of their students take their general


education courses on a pass/fail basis. Assume that 10 students are
registered for a general education course. Use appropriate tables to find
the following probabilities. What is the probability that at least 1 in the course
are registered on a Pass/Fail basis?
Answer
Selected Answer:
.3352
Correct Answer:
.3352

Question 3
4 out of 4 points

Which of the following is a required condition for a discrete probability


function?
Answer
Selected Answer:
f(x) = 1
Correct Answer:
f(x) = 1

Question 4
4 out of 4 points

A local university reports that 4% of their students take their general


education courses on a pass/fail basis. Assume that 10 students are
registered for a general education course. Use appropriate tables to find
the following probabilities. What is the probability that less than 2 in the course
are registered on a Pass/Fail basis?
Answer
Selected Answer:
.9418
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Correct Answer:
.9418

Question 5
4 out of 4 points

An insurance company has determined that each week an average of 9


claims are filed. Assume that the claims are Poisson distributed. Find
the probability that exactly 3 claims will be filed.
Answer
Selected Answer:
.0150
Correct Answer:
.0150

Question 6
4 out of 4 points

An insurance company has determined that each week an average of 9


claims are filed. Assume that the claims are Poisson distributed. Find
the probability that at least 2 claims will be filed.
Answer
Selected Answer:
.9988
Correct Answer:
.9988

Question 7
4 out of 4 points

An insurance company has determined that each week an average of 10


claims are filed in their Atlanta branch. Assume that the Poisson distribution is
applicable. What is the probability that during the next week less than 1 claims
will be filed?
Answer
Selected Answer:
.0000
Correct Answer:
.0000

Question 8
4 out of 4 points

Using Z - tables find the probabilities that Z is greater than 2.32


Answer
Selected Answer:
.0102
Correct Answer:
.0102

Question 9
4 out of 4 points

Using Z - tables find the probabilities that Z is between -2.11 and 1.06
Answer
Selected Answer:
.8380
Correct Answer:
.8380

Question 10
4 out of 4 points
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Using Z - tables find z such that the area to the left of z is .8238
Answer
Selected Answer:
.93
Correct Answer:
.93

Question 11
4 out of 4 points

Using Z - tables find z such that the area to the right of z is .025
Answer
Selected Answer:
1.96
Correct Answer:
1.96

Question 12
4 out of 4 points

Exhibit 6-6
The starting salaries of individuals with an MBA degree are normally distributed
with a mean of $40,000 and a standard deviation of $5,000.
Refer to Exhibit 6-6. What is the probability that a randomly selected individual
with an MBA degree will get a starting salary of at least $30,000?
Answer
Selected Answer:
0.9772
Correct Answer:
0.9772

Question 13
4 out of 4 points

For a normal distribution, a negative value of z indicates


Answer
Selected Answer:
the z is to the left of the mean
Correct Answer:
the z is to the left of the mean

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