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Statistics
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Basic Statistics for Business Economics
Quiz 4: A Survey of Probability Concepts
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Question 1
Multiple Choice
i. A probability is usually expressed as a decimal, such as 0.70 or 0.27, but it may be given as a fraction, such as 7/10 or 27/100. ii. The probability of 1 represents something that is certain to happen. iii. The probability of 0 represents something that cannot happen.
Question 2
Multiple Choice
i. The Cunard luxury liner, Queen Elizabeth 2, cannot be docked in Hong Kong and Bangkok at the same time. Events such as these that cannot occur simultaneously are said to be collectively exhaustive. ii. If there are 'm' ways of doing one thing and 'n' ways of doing another thing, the multiplication formula states that there are (m) (n) ways of doing both. iii. A permutation is an arrangement of a set of objects in which there is an order from the first through the last.
Question 3
Multiple Choice
A sales representative calls on four hospitals in York Region. It is immaterial what order he calls on them. How many ways can he organize his calls?
Question 4
Multiple Choice
i. A probability is usually expressed as a decimal, such as 0.70 or 0.27, but it may be given as a fraction, such as 7/10 or 27/100. ii. The closer a probability is to 0, the more likely that an event will happen. iii. The closer the probability is to 1.00, the more likely an event will not happen.
Question 5
Multiple Choice
Consideration is being given to forming a Super Ten Basketball Conference. The top 10 university basketball teams in the country, based on past records, would be members of the Super Ten Conference. Each team would play every other team in the conference during the season and the team winning the most games would be declared the national champion. How many games would the conference commissioner have to schedule each year? (Remember, McMaster versus Alberta is the same as Alberta versus McMaster.)
Question 6
Multiple Choice
A rug manufacturer has decided to use 7 compatible colours in her rugs. However, in weaving a rug, only 5 spindles can be used. In advertising, the rug manufacturer wants to indicate the number of different colour groupings for sale. How many colour groupings using the seven colours taken five at a time are there? (This assumes that 5 different colours will go into each rug, i.e., there are no repetitions of colour.)
Question 7
Multiple Choice
i. The Cunard luxury liner, Queen Elizabeth 2, cannot be docked in Hong Kong and Bangkok at the same time. Events such as these that cannot occur simultaneously are said to be mutually exclusive. ii. If there are 'm' ways of doing one thing and 'n' ways of doing another thing, the multiplication formula states that there are (m)
ā
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ā
(n) ways of doing both. iii. A permutation is an arrangement of a set of objects in which order does not matter.
Question 8
Multiple Choice
You have the assignment of designing colour codes for different parts. Three colours are to be used on each part, but a combination of three colours used for one part cannot be rearranged and used to identify a different part. This means that if green, yellow and violet were used to identify a camshaft, yellow, violet and green (or any other combination of these three colours) could not be used to identify a pinion gear. If there are 35 combinations, how many colours were available?
Question 9
Multiple Choice
i. A probability is usually expressed as a decimal, such as 0.70 or 0.27, but it may be given as a fraction, such as 7/10 or 27/100. ii. The closer a probability is to 0, the more likely that an event will not happen. iii. The closer the probability is to 1.00, the more likely an event will happen.
Question 10
Multiple Choice
An electronics firm manufactures three models of stereo receivers, two cassette decks, four speakers and three CD players. When the four types of components are sold together, they form a "system." How many different systems can the electronic firm offer?
Question 11
Multiple Choice
The numbers 0 through 9 are to be used in code groups of four to identify an item of clothing. Code 1083 might identify a blue blouse, size medium. The code group 2031 might identify a pair of pants, size 18, and so on. Repetitions of numbers are not permitted, i.e., the same number cannot be used more than once in a total sequence. As examples, 2256, 2562 or 5559 would not be permitted. How many different code groups can be designed?
Question 12
Multiple Choice
i. The probability of an event, based on a classical approach, is defined as the number of favourable outcomes divided by the total number of possible outcomes. ii. If among several events only one can occur at a time, we refer to these events as being mutually exclusive events. iii. The probability of rolling a 3 or 2 on a single die is an example of conditional probability.
Question 13
Multiple Choice
Six basic colours are to be used in decorating a new condominium. They are to be applied to a unit in groups of four colours. One unit might have gold as the principal colour, blue as a complementary colour, red as the accent colour and touches of white. Another unit might have blue as the principal colour, white as the complimentary colour, gold as the accent colour and touches of red. If repetitions are not permitted, how many different units can be decorated?
Question 14
Multiple Choice
i. An illustration of an experiment is turning the ignition key of an automobile as it comes off the assembly line to determine whether or not the engine will start. ii. If there are 'm' ways of doing one thing and 'n' ways of doing another thing, the multiplication formula states that there are (m) *(n) ways of doing both. iii. A permutation is an arrangement of a set of objects in which there is an order from the first through the last.
Question 15
Multiple Choice
What does
equal?