Fall 2015 Math 141:505 Exam 3 Form A Last Name: Exam Seat #: First Name: UIN: On my honor, as an Aggie, I have neither given nor received unauthorized aid on this academic work. Signature: INSTRUCTIONS • Part 1: Multiple Choice (Problems 1-8) Each multiple choice problem is worth 6 points for a total of 48 points. Answers should be written in the boxes provided. No partial credit will be given. • Part 2: Work Out (Problems 9-13) The number of points for each problem is indicated next to the problem for a total of 52 points. Partial credit will be given. All steps must be written clearly and neatly to receive credit. If you use your calculator for anything beyond an arithmetic calculation, please indicate how at the appropriate step. Box your final answer. “An Aggie does not lie, cheat or steal or tolerate those who do.” c Yeong-Chyuan Chung, November 20, 2015 Part 1: Multiple-Choice. Each multiple choice problem is worth 6 points for a total of 48 points. No partial credit will be given. Answers should be written in the boxes provided. 1. An experiment consists of selecting a card at random from a deck of 52 cards. What is the probability that a heart or an ace is drawn? (a) (b) (c) (d) 17 52 16 52 8 52 1 52 b 2. If E and F are independent events, P(E) = .45, and P(F) = .5, what is P(E c ∪ F c )? (a) .775 (b) .725 (c) .275 (d) .225 a 3. Which of the following is an infinite discrete random variable? (a) The number of heads that occur when a coin is tossed five times. (b) The distance (in miles) a commuter travels to work. (c) The number of boys in a two-child family. (d) The number of times a die is rolled until a 6 falls uppermost. d 4. If the odds in favor of a team winning a particular football match are 7 to 5, what is the probability that the team will win the match? (a) (b) (c) (d) 5 12 5 7 7 12 7 5 c 2 c Yeong-Chyuan Chung, November 20, 2015 5. Two light bulbs are selected at random from a lot of 10, of which 4 are defective. What is the probability that both light bulbs are defective? (Answers below are rounded to two decimal places.) (a) (b) (c) (d) .03 .13 .16 .21 b 6. The personnel department of a company compiled the following data regarding the income and education of its employees: Income $65,000 or below Income above $65,000 Noncollege graduate 2040 840 College graduate 400 720 What is the probability that a randomly chosen employee has income above $65,000 if it is known that he or she has a college degree? (a) (b) (c) (d) 720 4000 1560 4000 720 1560 720 1120 d 7. Refer to the table in the previous problem. What is the probability that a randomly chosen employee has income above $65,000 or is a college graduate? (a) (b) (c) (d) 720 4000 1240 4000 1960 4000 3160 4000 c 8. A mathematics test consists of eight multiple-choice questions. If each question has four possible answers, of which only one is correct, what is the probability that a student who guesses at random on each question will answer at most two questions correctly? (Answers below are rounded to two decimal places.) (a) (b) (c) (d) .31 .37 .59 .68 d 3 c Yeong-Chyuan Chung, November 20, 2015 Part 2: Work Out. The number of points for each problem is indicated next to the problem. Partial credit will be given. All steps must be written clearly and neatly to receive credit. If you use your calculator for anything beyond an arithmetic calculation, please indicate how at the appropriate step. Box your final answer. 9. (8pts) Let S = {s1 , s2 , s3 , s4 , s5 , s6 } be the sample space associated with an experiment having the following probability distribution: Outcome Probability (a) Find P({s1 , s3 , s5 }). Solution: P({s1 , s3 , s5 }) = P(s1 ) + P(s3 ) + P(s5 ) = 1 12 s1 s2 a 1 12 s3 1 12 s4 b s5 s6 1 3 1 12 1 + 12 + 13 = 12 . 7 (b) If P({s3 , s4 , s5 }) = 12 , find a and b. Solution: 7 12 = P({s3 , s4 , s5 }) = P(s3 ) + P(s4 ) + P(s5 ) = 1 12 + b + 13 = 5 12 + b so b = 1 1 1 All the probabilities should sum to 1, so a = 1 − 12 − 12 − b − 13 − 12 = 4 3 12 7 12 5 − 12 = = 14 . 2 12 = 16 . c Yeong-Chyuan Chung, November 20, 2015 10. (10pts) The relative humidity, in percent, in the morning for the months of January through December in Boston follows: 70, 68, 67, 69, 69, 71, 73, 74, 76, 79, 77, 74. Find the (a) mean, 72.25 (Can use 1-variable stats, or just compute manually.) (b) median, 72 (First, rearrange the list in either increasing or decreasing order. Since there is an even number of data points, there are two in the middle. Take the average of the middle two.) (c) mode(s), 69 and 74 (d) standard deviation, 3.677068579 (Use 1-variable stats.) (e) variance (3.677068579)2 = 13.5208 of this set of data. 11. (10pts) Which of the following events is more likely to occur? Justify your answer. E: Getting a six at least once in 4 throws of a single fair die. F: Getting a double six at least once in 24 throws of a pair of fair dice. Solution: P(E) = 1 − binompd f (4, 61 , 0) ≈ .5177 1 P(F) = 1 − binompd f (24, 36 , 0) ≈ .4914 Event E is more likely. 5 c Yeong-Chyuan Chung, November 20, 2015 12. (14pts) The chief loan officer of La Crosse Home Mortgage Company summarized the housing loans extended by the company in 2014 according to type and term of the loan. Her list shows that 70% of the loans were fixedrate mortgages (F), 25% were adjustable-rate mortgages (A), and 5% belong to some other category (O). Of the fixed-rate mortgages, 80% were 30-year loans and 20% were 15-year loans; of the adjustable-rate mortgages, 40% were 30-year loans and 60% were 15-year loans; finally, of the other loans extended, 30% were 15-year loans, 60% were 10-year loans, and 10% were for a term of 5 years or less. (a) Draw a tree diagram representing the data. Solution: .8 F .. ... ... ... . ... ... .. .. . . . ... ... ... .. . . ... ... ... .. . . ... ... ... .. . ... ...................................... .. ........ ........ ........ ........ 30 .2 ........ ........ ........ ........ ... 15 .7 .25 .. .4........................... 30 .... ...... A ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... . ...... ...... ...... ...... ...... ...... .... .6 15 .05 15 .3.......................... . ...... ...... .6 ...................................... 10 O ......... ...... .1 ...... ...... ...... ...... . ≤5 (b) What is the probability that a home loan extended by La Crosse has an adjustable rate and is for a term of 15 years? Solution: P(A ∩ 15) = (.25)(.6) = .15 (c) What is the probability that a home loan extended by La Crosse is for a term of 30 years? Solution: P(30) = (.7)(.8) + (.25)(.4) = .66 (d) What is the probability that a 15-year loan has a fixed rate? Solution: P(F|15) = P(F∩15) P(15) = (.7)(.2) (.7)(.2)+(.25)(.6)+(.05)(.3) = 28 61 6 ≈ .459 c Yeong-Chyuan Chung, November 20, 2015 13. (10pts) Four balls are selected at random without replacement from an urn containing four green balls, two red balls, and two blue balls. Let the random variable X denote the number of blue balls drawn. (a) Find the probability distribution of the random variable X. Solution: x P(X = x) 0 C(2,0)C(6,4) C(8,4) 1 = 15 70 C(2,1)C(6,3) C(8,4) 2 = 40 70 C(2,2)C(6,2) C(8,4) = 15 70 (b) Compute E(X). Solution: 40 15 E(X) = 0( 15 70 ) + 1( 70 ) + 2( 70 ) = 1 Problem Part 1 9 10 11 12 Score 7 13 Total