Learning Objective: 05-03 Use the binomial distribution to compute probabilities. Topic: Binomial 143. A large disaster cleaning company estimates that 30% of the jobs it bids on are finished within the bid time. Looking at a random sample of 8 jobs that is has contracted: Find the probability that x (number of jobs finished on time) is within one standard deviation of the mean. A. .6867 B. .7483 sh is ar stu ed d vi y re aC s o ou urc rs e eH w er as o. co m C. .5506 D. .8844 = = =1.3, 2.4±1.3= (1.1,3.7) converts to (2,3) for discrete probability (.2965)+(.2541)=.5506 AACSB: Analytic Blooms: Application Bowerman - Chapter 05 #143 Difficulty: Hard Learning Objective: 05-03 Use the binomial distribution to compute probabilities. 144. Topic: Binomial Suppose that x has a hypergeometric distribution with N = 10, r = 5 and n = 3. Calculate the mean of the distribution. Th A. 0.500 B. 0.333 C. 1.500 D. 3.000 n (r/N) = 3 (5/10) = 1.5 AACSB: Analytic Blooms: Application Bowerman - Chapter 05 #144 https://www.coursehero.com/file/15302116/Quiz-143/ Difficulty: Hard Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution 145. Suppose that x has a hypergeometric distribution with N = 10, r = 5 and n = 3. Calculate the standard deviation of the distribution. A. 0.583 B. 0.764 C. 1.500 sh is ar stu ed d vi y re aC s o ou urc rs e eH w er as o. co m D. 0.778 n (r/N)(1 - r/N)((N-n)/(N-1)) = 3 (5/10)(.5)(7/9) = .583 (variance) √.583 = .764 std dev AACSB: Analytic Blooms: Application Bowerman - Chapter 05 #145 Difficulty: Hard Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution 146. If in a hypergeometric distribution r is 300, N = 600 and n = 30, estimate the binomial probability of success. A. 0.500 B. 0.333 Th C. 0.083 D. 0.250 r/N = 300/600 = 0.500 AACSB: Analytic Blooms: Application Bowerman - Chapter 05 #146 Difficulty: Hard Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution https://www.coursehero.com/file/15302116/Quiz-143/ 147. Suppose you randomly select 3 DVDs from a production run of 10. Of the 10 DVDs, 9 are expected to last a minimum of 3 years. What is the probability that all 3 of your DVDs will last at least three years? 0.7 Feedback: P(x=3) = ( 9C3 * 1C0)/10C3 = 84/120 = .7 AACSB: Analytic sh is ar stu ed d vi y re aC s o ou urc rs e eH w er as o. co m Blooms: Application Bowerman - Chapter 05 #147 Difficulty: Hard Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution 148. Suppose you randomly select 3 DVDs from a production run of 10. Of the 10 DVDs, 9 are expected to last a minimum of 3 years. What is the mean of the random variable x? 2.7 Feedback: Mean = n(r/N) = 3(9/10) = 2.7 AACSB: Analytic Blooms: Application Th Bowerman - Chapter 05 #148 https://www.coursehero.com/file/15302116/Quiz-143/ Difficulty: Medium Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution 149. Suppose you randomly select 3 DVDs from a production run of 10. Of the 10 DVDs, 9 are expected to last a minimum of 3 years. What is the standard deviation of the random variable x? 0.46 Feedback: S = √ (n*(r/N)(1-(r/N)((N-n)/(N-1)) = √ (2.7 * .1 * .78) = √.21 = .46 AACSB: Analytic sh is ar stu ed d vi y re aC s o ou urc rs e eH w er as o. co m Blooms: Application Bowerman - Chapter 05 #149 Difficulty: Medium Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution 150. Suppose you randomly select 3 DVDs from a production run of 10. Of the 10 DVDs, 9 are expected to last a minimum of 3 years. What values of x are within two standard deviations of the mean? 2 and 3 Th Feedback: (2.7 ± 2(.46)) = (2.7 ± .92) = (1.78 3.62) AACSB: Analytic Blooms: Application Bowerman - Chapter 05 #150 Difficulty: Hard Learning Objective: 05-05 Use the hypergeometric distribution to compute probabilities (Optional). Topic: Hypergeometric Distribution https://www.coursehero.com/file/15302116/Quiz-143/ Powered by TCPDF (www.tcpdf.org)