MGMT322 – QUIZ2
1) Classify the statement as an example of classical probability, Relative Frequency
probability, or subjective probability. In California's Pick Three lottery, a person
selects a 3-digit number. The probability of winning California's Pick Three lottery is
1/1000. 12) _______
A) classical probability
B) Relative Frequency probability
C) subjective probability
2) Classify the statement as an example of classical probability, Relative Frequency
probability, or subjective probability. The probability that a newborn baby is a boy is
1/2. 13) _______
A) classical probability
B) Relative Frequency probability
C) subjective probability
3) Classify the statement as an example of classical probability, Relative Frequency
probability, or subjective probability.
Selecting a student who gets “A” from MGMT 322.
Past Data: 20% of all students who have taken MGMT 322 in the past, got “A”.
A) classical probability
B) Relative Frequency probability
C) subjective probability
4) A sample space consists of 80 separate events that are equally likely. What is the
probability of each?
A) 1 B) 0 C) 1/80 D) 80
5) On a multiple choice test, each question has 4 possible answers. If you make a
random guess on the first question,
what is the probability that you are correct?
A) 4 B) 1 C) 1/4 D) 0
6) A bag contains 6 red marbles, 3 blue marbles, and 7 green marbles. If a marble is
randomly selected from the bag,
what is the probability that it is blue?
A) 1/3 B) 3/16 C) 1/13 D) 1/7
7) Based on meteorological records, the probability that it will snow in a certain town
on January 1st is 0.315. Find
the probability that in a given year it will not snow on January 1st in that town.
A) 0.685 B) 3.175 C) 0.460 D) 1.315
8) The probability that Luis will pass his statistics test is 0.99. Find the probability that
he will fail his statistics test.
A) 0.50 B) 99.00 C) 1.01 D) 0.01
9) A study of 1000 randomly selected flights of a major airline showed that 898 of
the flights arrived on time. What is the probability of a flight arriving on time?
_______
A) 449/500 B) 51/500 C) 500/51 D) 500/449
10) A coin is tossed. Find the probability that the result is heads. _______
A) 0.5 B) 0.1 C) 0.9 D) 1
11) A single six-sided die is rolled. Find the probability of rolling an even number.
_______
A) 0.5 B) 0.1 C) 0.333 D) 0.25
12) A single six-sided die is rolled. Find the probability of rolling a seven. _______
A) 0 B) 0.1 C) 0.5 D) 1
1. The president of a company has a hunch that there is a .80 probability that the
company will be successful in marketing a new brand of ice cream. Is this a
case of classical, relative frequency, or subjective probability? Explain why.
It is a subjective probability, because the probability given here assigned
to an event based on subjective judgment, and experience of the president
of the company.
2. The coach of a college football team thinks there is a .75 probability that the
team will win the national championship this year. Is this a case of classical,
relative frequency, or subjective probability? Explain why.
It is a subjective probability, because the probability given here assigned
to an event based on subjective judgment, and experience of the coach of
the college football team.