Question 1

Marks: 1

The mean of a discrete random variable is also called its :

Choose one answer.

a. expected value

b. box and whisker measure

c. second quartile

d. upper hinge

Question2

Marks: 1

A pharmaceutical lab states that a drug causes negative side effects in only 3 of every 20 patients tested.
A rival company decides to test this claim by subjecting 5 willing participants to the drug. How likely is it
that all these participants suffer a negative reaction to the drug?

Choose one answer.

a. 0.15

b. 0.07593

c. 0.00008

d. 0.12333

Question3

Marks: 1

In general, "n factorial" represents :

Choose one answer.

a. the sum of all integers from n to 1

 b. the product of all integers from n to 1

c. n - 1

d. the product of any n numbers

Question4

Marks: 1

If we were to draw all samples of a certain size n from a population and compute the variance of the
samples each time and then determine the probability of observing each sample variance value found
we would have created the sampling distribution of the variance.

Answer:

True False

Question5

Marks: 1

For a normal distribution, the z value for an x value that is to the left of the mean is always :

Choose one answer.

a. negative

b. less than 1

c. positive

d. equal to 0

Question6

Marks: 1

The Binomial probability distribution is symmetric if :

Choose one answer.

 a. p is equal to .25

b. p is equal to .50

c. p is less than .50

d. p is greater than .50

Question7

Marks: 1

In a class of 11 students 3 in every 4 are expected to fail the final exam. What is the probability that at
most 10 students fail the final exam?

Choose one answer.

a. 0.04

b. 0.96

c. 0.30

d. 0.27

Question8

Marks: 1

A larger standard deviation of a normal distribution indicates that the distribution becomes :

Choose one answer.

a. more skewed to the right

b. more skewed to the left

c. narrower and more peaked

d. flatter and wider

Question9

Marks: 1

Which of the following is always true for all probability density functions of continuous random
variables?

Choose one answer.

a. they are bell-shaped

b. they have the same height

c. the area under the curve is 1.0

d. they are symmetrical

Question10

Marks: 1

For lambda = 4.2 , probability P( x < 2) is :

Choose one answer.

a. .0780

b. .1323

c. .8677

d. .2103

Question11

Marks: 1

If the outcomes of a random variable follow a Poisson distribution, then their

Choose one answer.

a. mean equals the standard deviation

 b. mean equals the variance

c. median equals the standard deviation

d. median equals the variance

Question12

Marks: 1

Which of the following is not a characteristic for a normal distribution?

Choose one answer.

a. it is a symmetrical distribution

b. the mean,median and mode are all equal

c. it is a bell- shaped distribution

d. the mean is always 0

Question13

Marks: 1

An airline receives an average of 2.5 complaints per day. Calculate the probability that on a given day
this airline will receive at least 1 complaint?

Choose one answer.

a. 0.85

b. -0.082

c. 0.918

d. 0.082

Question14

Marks: 1
Usually the normal distribution is used as an apporximation to the binomial distribution when :

Choose one answer.

a. np and nq are both greater than 5

b. the sample size is at least 30

c. nx is greater than 30

d. np and nq are both less than 5

Question15

Marks: 1

Given that t is a constant then its variance is?

Choose one answer.

a. t squared

b. 0

c. 1

d. t

Question16

Marks: 1

Five percent of all credit card holders eventually become delinquent. The probability that in a random
sample of 10 credit card holders, exactly three (3) will eventually become delinquent is :

Choose one answer.

a. .0105

b. .3151
 c. .1129

d. .0746

Question17

Marks: 1

The probability that a continuous random variable x assumes a single value is always :

Choose one answer.

a. equal to 0

b. less than 1

c. greater than 0

d. between 0 and 1

Question18

Marks: 1

Which of the following is an unbiased estimator of the population mean?

Choose one answer.

a. Sample Median

b. Sample Variance

c. Sample Mode

d. Sample Mean

Question19

Marks: 1

X is a random variable with mean 17 and standard deviation 5. X is related to another random variable
M through the function M= 25X + 16.
Find E(M)?

Choose one answer.

a. 425

b. 289

c. 17

d. 441

Question20

Marks: 1

Three random variables X, Y and T are related to each other in the following manner:

Y= 3X + 6

T= 2Y

Given that E(X)= 15; find E(T)?

Choose one answer.

a. 102

b. 51

c. 30

d. 90