MATH 115 FINAL EXAM INFORMATION

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MATH 115A FINAL EXAM INFORMATION
Sections 16 and 19
Final Exam - Wednesday, May 13th 5:00-7:00 pm in Harvill 150
FINAL EXAM SPECIFICS:
There will be a combination of multiple choice and short answer problems. The multiple
choice will be all or nothing questions, representing 30% of the exam, and the remaining
part will be short answer.
TERMS/FORMULAS:
1) probability of an event
2) union
3) intersection
4) conditional probability
5) independence
6)mutually exclusive
7) P( A  B)  P( A)  P( B)  P A  B
P A  B 
8) PA B  
P B 
9) random variable, continuous and finite
10) expected value
11) c.d.f., p.m.f., and p.d.f
12) Exponential and Uniform distribution and density functions.
13) Compound Interest, n times a year and continuously, and yield.
14) All Excel functions mentioned in class, relevant to Projects I and II
15) Results of Project I and II
Note: Formulas for compound interest, yield, and distribution and density functions for
exponential and uniform random variables will be given to you. Also, the main
probability formulas will be given to you. Everything else you are responsible for.
Study the problems from the old exams and quizzes. Also, there are a tremendous
number of study guide problems for the final exam at the business math home page.
I will be available for office hours on Friday, May 8th, from 1:00 pm to 3:00 pm, and
Tuesday, May 12th from 1:00 pm to 3:00 pm.
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