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  • Saint Gba334 Unit 1 Quiz (25 Questions) All Correct

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    SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT Question 1. 1. A production process is known to produce a particular item in such a way that 5 percent of these are defective. If two items are randomly selected as they come off the production line, what is the probability that both are defective (assuming that they are independent)? 0.0100 0.1000 0.2000 0.0025 0.0250 Question 2. 2. Which distribution is helpful in testing hypotheses about variances? binomial distribution F distribution normal distribution Poisson distribution exponential distribution Question 3. 3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in statistics? 0.05 0.20 0.25 0.30 None of the above Question 4. 4. The number of cars passing through an intersection in the next five minutes can usually be described by the (Points : 4) normal distribution. uniform distribution. exponential distribution Poisson distribution. None of the above Question 5. 5. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is either enrolled in accounting or statistics, but not both? 0.45 0.50 0.40 0.05 Question 6. 6. The number of phone calls coming into a switchboard in the next five minutes will either be 0, 1, 2, 3, 4, 5, or 6. The probabilities are the same for each of these (1/7). If X is the number of calls arriving in a five-minute time period, what is the mean of X? 2 3 4 5 None of the above Question 7. 7. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in neither accounting nor statistics? 0.45 0.50 0.55 0.05 None of the above Question 8. 8. Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of 20 cable customers, what is the probability that no more than 3 customers would be willing to switch their cable? 0.85 0.15 0.20 0.411 0.589 Question 9. 9. Suppose that when the temperature is between 35 and 50 degrees, it has historically rained 40% of the time. Also, historically, the month of April has had a temperature between 35 and 50 degrees on 25 days. You have scheduled a golf tournament for April 12. What is the probability that players will experience rain and a temperature between 35 and 50 degrees? 0.333 0.400 0.833 1.000 0.480 Question 10. 10. The ability to examine the variability of a solution due to changes in the formulation of a problem is an important part of the analysis of the results. This type of analysis is called ________ analysis. Implicit Normal Scale Objective sensitivity Question 11. 11. Properties of the normal distribution include a continuous bell-shaped distribution. a discrete probability distribution. the number of trials is known and is either 1, 2, 3, 4, 5, etc. the random variable can assume only a finite or limited set of values. use in queuing. Question 12. 12. The number of cell phone

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    SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT Question 1. 1. A production process is known to produce a particular item in such a way that 5 percent of these are defective. If two items are randomly selected as they come off the production line, what is the probability that both are defective (assuming that they are independent)? 0.0100 0.1000 0.2000 0.0025 0.0250 Question 2. 2. Which distribution is helpful in testing hypotheses about variances? binomial distribution F distribution normal distribution Poisson distribution exponential distribution Question 3. 3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in statistics? 0.05 0.20 0.25 0.30 None of the above Question 4. 4. The number of cars passing through an intersection in the next five minutes can usually be described by the (Points : 4) normal distribution. uniform distribution. exponential distribution Poisson distribution. None of the above Question 5. 5. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is either enrolled in accounting or statistics, but not both? 0.45 0.50 0.40 0.05 Question 6. 6. The number of phone calls coming into a switchboard in the next five minutes will either be 0, 1, 2, 3, 4, 5, or 6. The probabilities are the same for each of these (1/7). If X is the number of calls arriving in a five-minute time period, what is the mean of X? 2 3 4 5 None of the above Question 7. 7. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in neither accounting nor statistics? 0.45 0.50 0.55 0.05 None of the above Question 8. 8. Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of 20 cable customers, what is the probability that no more than 3 customers would be willing to switch their cable? 0.85 0.15 0.20 0.411 0.589 Question 9. 9. Suppose that when the temperature is between 35 and 50 degrees, it has historically rained 40% of the time. Also, historically, the month of April has had a temperature between 35 and 50 degrees on 25 days. You have scheduled a golf tournament for April 12. What is the probability that players will experience rain and a temperature between 35 and 50 degrees? 0.333 0.400 0.833 1.000 0.480 Question 10. 10. The ability to examine the variability of a solution due to changes in the formulation of a problem is an important part of the analysis of the results. This type of analysis is called ________ analysis. Implicit Normal Scale Objective sensitivity Question 11. 11. Properties of the normal distribution include a continuous bell-shaped distribution. a discrete probability distribution. the number of trials is known and is either 1, 2, 3, 4, 5, etc. the random variable can assume only a finite or limited set of values. use in queuing. Question 12. 12. The number of cell phone

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    Saint Gba334 Unit 1 Quiz (25 Questions) All Correct

    Enviado por

    teacher.theacestud
    SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT SAINT GBA334 UNIT 1 QUIZ (25 QUESTIONS) ALL CORRECT Question 1. 1. A production process is known to produce a particular item in such a way that 5 percent of these are defective. If two items are randomly selected as they come off the production line, what is the probability that both are defective (assuming that they are independent)? 0.0100 0.1000 0.2000 0.0025 0.0250 Question 2. 2. Which distribution is helpful in testing hypotheses about variances? binomial distribution F distribution normal distribution Poisson distribution exponential distribution Question 3. 3. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in statistics? 0.05 0.20 0.25 0.30 None of the above Question 4. 4. The number of cars passing through an intersection in the next five minutes can usually be described by the (Points : 4) normal distribution. uniform distribution. exponential distribution Poisson distribution. None of the above Question 5. 5. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200 students, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is either enrolled in accounting or statistics, but not both? 0.45 0.50 0.40 0.05 Question 6. 6. The number of phone calls coming into a switchboard in the next five minutes will either be 0, 1, 2, 3, 4, 5, or 6. The probabilities are the same for each of these (1/7). If X is the number of calls arriving in a five-minute time period, what is the mean of X? 2 3 4 5 None of the above Question 7. 7. At a university with 1,000 business majors, there are 200 business students enrolled in an introductory statistics course. Of these 200, 50 are also enrolled in an introductory accounting course. There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in neither accounting nor statistics? 0.45 0.50 0.55 0.05 None of the above Question 8. 8. Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of 20 cable customers, what is the probability that no more than 3 customers would be willing to switch their cable? 0.85 0.15 0.20 0.411 0.589 Question 9. 9. Suppose that when the temperature is between 35 and 50 degrees, it has historically rained 40% of the time. Also, historically, the month of April has had a temperature between 35 and 50 degrees on 25 days. You have scheduled a golf tournament for April 12. What is the probability that players will experience rain and a temperature between 35 and 50 degrees? 0.333 0.400 0.833 1.000 0.480 Question 10. 10. The ability to examine the variability of a solution due to changes in the formulation of a problem is an important part of the analysis of the results. This type of analysis is called ________ analysis. Implicit Normal Scale Objective sensitivity Question 11. 11. Properties of the normal distribution include a continuous bell-shaped distribution. a discrete probability distribution. the number of trials is known and is either 1, 2, 3, 4, 5, etc. the random variable can assume only a finite or limited set of values. use in queuing. Question 12. 12. The number of cell phone

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    de 5

    10/12/2015

    TheAceStudent:SAINTGBA334UNIT1QUIZ(25QUESTIONS)ALLCORRECT

    SAINTGBA334UNIT1QUIZ(25QUESTIONS)ALLCORRECT
    SAINTGBA334UNIT1QUIZ(25QUESTIONS)ALLCORRECT
    Question1.1.
    Aproductionprocessisknowntoproduceaparticulariteminsuchawaythat5percentofthese
    aredefective.Iftwoitemsarerandomlyselectedastheycomeofftheproductionline,whatisthe
    probabilitythatbotharedefective(assumingthattheyareindependent)?
    0.0100
    0.1000
    0.2000
    0.0025
    0.0250
    Question2.2.
    Whichdistributionishelpfulintestinghypothesesaboutvariances?
    binomialdistribution
    Fdistribution
    normaldistribution
    Poissondistribution
    exponentialdistribution
    Question3.3.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200students,50arealsoenrolledinanintroductory
    accountingcourse.Thereareanadditional250businessstudentsenrolledinaccountingbutnot
    enrolledinstatistics.Ifabusinessstudentisselectedatrandom,whatistheprobabilitythatthe
    studentisenrolledinstatistics?
    0.05
    0.20
    0.25
    0.30
    Noneoftheabove
    Question4.4.Thenumberofcarspassingthroughanintersectioninthenextfiveminutescan
    usuallybedescribedbythe(Points:4)
    normaldistribution.
    uniformdistribution.
    exponentialdistribution
    Poissondistribution.

    Noneoftheabove
    Question5.5.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200students,50arealsoenrolledinanintroductory
    accountingcourse.Thereareanadditional250businessstudentsenrolledinaccountingbutnot
    enrolledinstatistics.Ifabusinessstudentisselectedatrandom,whatistheprobabilitythatthe
    studentiseitherenrolledinaccountingorstatistics,butnotboth?
    0.45
    0.50
    0.40
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px%3B

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    0.05
    Question6.6.
    Thenumberofphonecallscomingintoaswitchboardinthenextfiveminuteswilleitherbe0,1,2,
    3,4,5,or6.Theprobabilitiesarethesameforeachofthese(1/7).IfXisthenumberofcalls
    arrivinginafiveminutetimeperiod,whatisthemeanofX?
    2
    3
    4
    5
    Noneoftheabove
    Question7.7.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200,50arealsoenrolledinanintroductoryaccounting
    course.Thereareanadditional250businessstudentsenrolledinaccountingbutnotenrolledin
    statistics.Ifabusinessstudentisselectedatrandom,whatistheprobabilitythatthestudentis
    enrolledinneitheraccountingnorstatistics?
    0.45
    0.50
    0.55
    0.05
    Noneoftheabove
    Question8.8.
    Historicaldataindicatesthatonly20%ofcablecustomersarewillingtoswitchcompanies.Ifa
    binomialprocessisassumed,theninasampleof20cablecustomers,whatistheprobabilitythat
    nomorethan3customerswouldbewillingtoswitchtheircable?
    0.85
    0.15
    0.20
    0.411
    0.589
    Question9.9.
    Supposethatwhenthetemperatureisbetween35and50degrees,ithashistoricallyrained40%of
    thetime.Also,historically,themonthofAprilhashadatemperaturebetween35and50degreeson
    25days.YouhavescheduledagolftournamentforApril12.Whatistheprobabilitythatplayerswill
    experiencerainandatemperaturebetween35and50degrees?
    0.333
    0.400
    0.833
    1.000
    0.480

    Question10.10.Theabilitytoexaminethevariabilityofasolutionduetochangesinthe
    formulationofaproblemisanimportantpartoftheanalysisoftheresults.Thistypeofanalysisis
    called________analysis.
    Implicit
    Normal
    Scale
    Objective
    sensitivity

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    Question11.11.
    Propertiesofthenormaldistributioninclude
    acontinuousbellshapeddistribution.
    adiscreteprobabilitydistribution.
    thenumberoftrialsisknownandiseither1,2,3,4,5,etc.
    therandomvariablecanassumeonlyafiniteorlimitedsetofvalues.
    useinqueuing.
    Question12.12.
    Thenumberofcellphoneminutesusedbyhighschoolseniorsfollowsanormaldistributionwitha
    meanof500andastandarddeviationof50.Whatistheprobabilitythatastudentusesfewerthan
    600minutes?
    0
    0.023
    0.841
    0.977
    Noneoftheabove

    Question13.13.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200students,50arealsoenrolledinanintroductory
    accountingcourse.Thereareanadditional250businessstudentsenrolledinaccountingbutnot
    enrolledinstatistics.Ifabusinessstudentisselectedatrandom,whatistheprobabilitythatthe
    studentisenrolledinbothstatisticsandaccounting?
    0.05
    0.06
    0.20
    0.25
    Noneoftheabove
    Question14.14.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200students,50arealsoenrolledinanintroductory
    accountingcourse.Thereareanadditional250businessstudentsenrolledinaccountingbutnot
    enrolledinstatistics.Ifabusinessstudentisselectedatrandomandfoundtobeenrolledin
    statistics,whatistheprobabilitythatthestudentisalsoenrolledinaccounting?
    0.05
    0.30
    0.20
    0.25
    Noneoftheabove
    Question15.15.
    A________isanumericalstatementaboutthelikelihoodthataneventwilloccur.
    mutuallyexclusiveconstruct
    collectivelyexhaustiveconstruct
    variance
    probability
    standarddeviation
    Question16.16.
    Theclassicalmethodofdeterminingprobabilityis
    subjectiveprobability.
    marginalprobability.
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px%3B

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    objectiveprobability.
    jointprobability.
    conditionalprobability.
    Question17.17.Tryingvariousapproachesandpickingtheonethatresultsinthebestdecisionis
    called(Points:4)
    thetrialanderrormethod.
    incompleteenumeration.
    completeenumeration.
    algorithmicapproximation.
    sensitivityanalysis.
    Question18.18.A(n)________isarepresentationofrealityorareallifesituation.(Points:4)
    Objective
    Model
    Analysis
    Algorithm
    Noneoftheabove
    Question19.19.
    Atauniversitywith1,000businessmajors,thereare200businessstudentsenrolledinan
    introductorystatisticscourse.Ofthese200,50arealsoenrolledinanintroductoryaccounting
    course.Thereareanadditional250businessstudentsenrolledinaccountingbutnotenrolledin
    statistics.Ifabusinessstudentisselectedatrandom,whatistheprobabilitythatthestudentisnot
    enrolledinstatistics?
    0.05
    0.20
    0.25
    0.80
    Noneoftheabove
    Question20.20.
    Driversarriveatatollboothatarateof3perminuteduringpeaktrafficperiods.Thetimebetween
    consecutivedriverarrivalsfollowsanexponentialdistribution.Whatistheprobabilitythattakesless
    than1/2ofaminutebetweenconsecutivedrivers?
    0.167
    0.223
    0.777
    0.5
    Question21.21.
    Supposethat10golfersenteratournamentandthattheirrespectiveskilllevelsareapproximately
    thesame.Sixoftheentrantsarefemaleandtwoofthoseareolderthan40yearsold.Threeofthe
    menareolderthan40yearsold.Whatistheprobabilitythatthewinnerwillbeafemalewhoisolder
    than40yearsold?
    0.000
    1.100
    0.198
    0.200
    0.900
    Question22.22.
    Postoptimalityanalysisismostcloselyassociatedwith

    collectinginputdata.

    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px%3B

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    developingamodel.
    sensitivityanalysis.
    writingacomputerprogram.
    Noneoftheabove
    Question23.23.
    Thebreakevenpointisanexampleofa
    postoptimalitymodel.
    quantitativeanalysismodel.
    schematicmodel.
    sensitivityanalysismodel.
    Noneoftheabove
    Question24.24.
    Testingthedataandmodelshouldbedonebeforetheresultshavebeenanalyzed.
    True
    False
    Question25.25.Whichofthefollowingstatement(s)aretrueregardingtheadvantagesof
    mathematicalmodeling?
    Modelsaccuratelyrepresentreality.
    Modelscanhelpdecisionmakersformulateproblems
    Modelscansavetime.
    Modelsmaybetheonlywaytosolvesomelargeandcomplexproblemsinatimelymanner.
    Alloftheabove
    SAINTGBA334UNIT1QUIZ(25QUESTIONS)ALLCORRECT

    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px%3B

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