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Understanding Business Statistics 1St Edition Freed Test Bank Full Chapter PDF
Understanding Business Statistics 1St Edition Freed Test Bank Full Chapter PDF
CHAPTER 5
True/False
1. A description of how the probabilities are distributed over the values the random
variable can assume is called a random variable.
2. When playing a round of golf, the distance of the drive off the second tee in feet is
considered to be a discrete variable.
4. A probability distribution identifies the probabilities that are assigned to all possible
values of a random variable.
5. The first step in producing a probability distribution is to identify values for the
random variable.
6. The symbol “x” is used to denote the random variable while the symbol “P(x)” is
used to denote the probabilities associated with the random variable.
5-1
7. The mean of a discrete probability distribution is generally referred to as the
expected value of the distribution.
8. The expected value of a discrete random variable is the average value for the
random variable over many repeats of the experiment.
9. The expected value of a discrete random variable is the value of the random variable
that occurs most frequently.
10. The standard deviation of a discrete probability distribution is the positive square
root of the variance, which determines the expected value of the distribution.
11. One of the conditions for a binomial experiment is that the trials are statistically
independent.
12. One of the conditions for a binomial experiment is that the probability of success on
any one trial changes throughout the experiment.
13. In a binomial experiment x is always less than or equal to n, the number of trials.
14. The binomial probability function is composed of two parts, the second of which
computes the probability of each of the ways in which the x successes in n trials can
occur.
15. The binomial probability function is composed of two parts, the first of which
computes the probability of each of the ways in which the x successes in n trials can
occur.
5-2
16. One of the conditions for a Poisson experiment is that the average number of
occurrences per unit of time, space, or distance is constant and proportionate to the
size of the unit of time, space, or distance involved.
17. The expected value or mean of a Poisson distribution is the same as the variance.
MULTIPLE CHOICE
18. The number of customers that enter a store during one day is an example of:
19. The number of damaged items found on a shelf in a grocery store when taking
inventory is:
21. A discrete random variable would be an appropriate way to describe the outcome of
which of the following experiments?
24. Which of the following is NOT a general requirement for a discrete probability
distribution?
5-4
b. each probability must be greater than or equal to zero.
c. the sum of the probabilities of all values must be one.
d. the random variable must take on distinct numerical values.
e. each probability must be less than or equal to 1.
25. Which of the following is the second step involved in building a discrete probability
distribution?
26. Which of the following is the first step involved in building a discrete probability
distribution?
27. Which of the following is NOT one of the steps involved in building a discrete
probability distribution?
5-5
a. squared deviations from the mean
b. squared deviations from the median
c. square root of the deviations from the mean
d. square root of the deviations from the median
e. none of the above
29. A perfectly balanced coin is tossed 6 times and tails appears on all six tosses.
Then, on the seventh trial,
31. Which of the following is NOT a condition of an experiment where the binomial
probability distribution is applicable?
5-6
b. only two outcomes are possible on each of the trials.
c. the trials are statistically independent.
d. the probability of success, p, on any one trial remains constant throughout the
experiment.
e. all of the above
33. Which of the following best describes the logic of the binomial function?
a. the first part counts the number of ways in which exactly x successes in n trials
can occur while the second part computes the probability of each of the ways in
which the x successes can occur
b. the first part counts the number of ways in which exactly n successes in x trials
can occur while the second part computes the probability of each of the ways in
which the n successes can occur
c. the first part computes the probability of each of the ways in which the x
successes can occur while the second part simply counts the number of ways in
which exactly x successes in n trials can occur
d. the first part computes the probability of each of the ways in which the n
successes can occur while the second part simply counts the number of ways in
which exactly n successes in x trials can occur
e. none of the above
34. The variance of a binomial random variable X with n trials and p probability of
success, where p is greater than 0,
35. Suppose a random variable X describes the outcome of a binomial experiment with
30 trials and a 0.80 probably of success for each trial. The shape of the distribution
of X is:
a. negatively skewed
b. symmetric
c. positively skewed
5-7
d. bimodal
e. insufficient information is given to determine the distribution shape
5-8
39. Which graph below shows the shape of the Poisson distribution for λ = 5?
a. a
b. b
c. c
d. d
e. none of the above
5-9
41. The step involved in building a discrete probability distribution is
identifying the values for the random variable.
a. first
b. second
c. third
d. fourth
e. fifth
42. The calculations for the expected value (mean) and variance of a discrete probability
distribution are essentially identical to those for a :
a. frequency distribution
b. percent frequency distribution
c. relative frequency distribution
d. binomial probability distribution
e. continuous probability distribution
a. expected value
b. variance
c. standard deviation
d. probability of success
e. the number of trials
44. One of the conditions for a Poisson experiment is the need to assess probability for
the number of occurrences of some event per unit .
a. space
b. time
c. distance
d. space, time, or distance
e. space or time
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PROBLEMS
45. The number of re-tweets of your Twitter tweets over the last ten days is shown
below. If you define a random variable that counts the number of daily re-tweets
during this 10-day period, show the possible values for the random variable in
ascending order.
3, 1, 1, 0, 1, 1, 2, 2, 0, 2.
a. 0, 1, 2, 3
b. 1, 2, 3, 4
c. 1, 1, 0, 3
d. 2, 2, 1, 0
e. 0, 2, 3, 4
46. The number of re-tweets of your Twitter tweets over the last ten days is shown
below. If you define a random variable that counts the number of daily re-tweets
during this 10-day period, which set of probabilities would be used to form the
probability distribution for this random variable?
3, 1, 1, 0, 1, 1, 2, 2, 0, 2.
47. The number of re-tweets of your Twitter tweets over the last ten days is shown
below. If you pick a day at random, how likely is it that the number of re-tweets on
that day is 2?
3, 1, 1, 0, 1, 1, 2, 2, 0, 2.
a. .10
b. .30
c. .20
d. .25
e. .40
5-11
Ans: B, LO: 2, Bloom: , Difficulty: Medium, Min:, AACSB:
48. Which one of the following probability distributions accurately represents the random
variable “the number of times heads comes up in two tosses of a fair coin”?
a.
x P(x)
0 1/3
1 1/3
2 1/3
b.
x P(x)
0 1/2
1 1/2
2 1/2
c.
x P(x)
HH 1/4
HT 1/4
TH 1/4
TT 1/4
d.
x P(x)
0 1/4
1 1/2
2 1/4
e.
x P(x)
0 1/2
1 1/4
2 1/2
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49. Which one of the following probability distributions represents the random variable
“the number of 6’s that appear in a roll of two fair dice”?
a.
x P(x)
0 1/6
1 1/6
2 1/6
3 1/6
4 1/6
5 1/6
6 1/6
b.
x P(x)
0 1/6
1 1/6
2 1/6
c.
x P(x)
0 25/36
1 10/36
2 1/36
d.
x P(x)
0 10/36
1 25/36
2 1/36
e.
x P(x)
0 1/6
1 4/6
2 1/6
5-13
50. Hi-Plains Design is bidding on a project that will earn the company at least $650
million. The competitive bidding process will involve presenting the company’s
proposal to three successive review panels at the client company, all of which must
approve the proposal for Hi-Plains bid to be successful. If the proposal is approved
by the first panel, Hi-Plains will present the proposal to the next panel. If it is
approved there, Hi-Plains will present the proposal to the third panel. Hi-Plains
estimates that its proposal has a 40% chance of approval at each of the stages.
Define “number of Hi-Plains presentations” as your random variable for this
“experiment.” The possible values for the random variable (in ascending order) are:
a. 0,1,2,3
b. 1,2,3
c. 0,1,2,3,4
d. 1,2,3,4
e. 0,1
51. Hi-Plains Design is bidding on a project that will earn the company at least $650
million. The competitive bidding process will involve presenting the company’s
proposal to three successive review panels at the client company, all of which must
approve the proposal for Hi-Plains bid to be successful. If the proposal is approved
by the first panel, Hi-Plains will present the proposal to the next panel. If it is
approved there, Hi-Plains will present the proposal to the third panel. Hi-Plains
estimates that its proposal has a 40% chance of approval at each of the stages.
Define “number of review panel approvals” as your random variable. The possible
values for the random variable (in ascending order) are:
a. 1,2,3
b. 1,2,3,4
c. 0,1,2
d. 2,3,4
e. 0,1,2,3
52. Hi-Plains Design is bidding on a project that will earn the company at least $650
million. The competitive bidding process will involve presenting the company’s
proposal to three successive review panels at the client company, all of which must
approve the proposal for Hi-Plains’ bid to be successful. If the proposal is approved
by the first panel, Hi-Plains will present the proposal to the next panel. If it is
approved there, Hi-Plains will present the proposal to the third panel. Hi-Plains
estimates that its proposal has a 40% chance of approval at each of the stages.
Define “number of panels that fail to approve the proposal” as your random variable.
The possible values for the random variable (in ascending order) are:
5-14
a. 0,1,2,3
b. 1,2
c. 1,2,3,4
d. 0,1
e. 0,0,2,3
53. Hi-Plains Design is bidding on a project that will earn the company at least $650
million. The competitive bidding process will involve presenting the company’s
proposal to three successive review panels at the client company, all of which must
approve the proposal for Hi-Plains’ bid to be successful. If the proposal is approved
by the first panel, Hi-Plains will present the proposal to the next panel. If it is
approved there, Hi-Plains will present the proposal to the third panel. Hi-Plains
estimates that its proposal has a 40% chance of approval at each of the stages.
Define “number of Hi-Plains presentations” as the random variable x. Which
distribution below shows the proper probability distribution for this random variable?
a.
x P(x)
1 .60
2 .14
3 .26
b. x P(x)
1 .60
2 .24
3 .16
c.
x P(x)
1 .64
2 .20
3 .16
d.
x P(x)
1 .60
2 .26
3 .14
5-15
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“Foolish are ye, my children!” cried the Nightingale. “Fetch from
the vaults a cartload of fair gold, another of pure silver, and a third of
fine seed pearls, and give to the Old Cossack, Ilyá of Múrom, that he
may set me free.”
Quoth Ilyá: “If I should plant my sharp spear in the earth, and thou
shouldst heap treasures about it until it was covered, yet would I not
release thee, Nightingale, lest thou shouldst resume thy thieving. But
follow me now to glorious Kíev town, that thou mayest receive
forgiveness there.”
Then his good steed Cloudfall began to prance, and the Magic
Bird at his stirrup to dance, and in this wise came the good youth,
the Old Cossack to Kíev, to glorious Prince Vladímir.
Now, fair Prince Vladímir of royal Kíev was not at home; he had
gone to God’s temple. Therefore Ilyá entered the court without leave
or announcement, bound his horse to the golden ring in the carven
pillars, and laid his commands upon that good heroic steed: “Guard
thou the Nightingale, my charger, that he depart not from stirrup of
steel!”
And to Nightingale he said: “Look to it, Nightingale, that thou
depart not from my good steed, for there is no place in all the white
world where thou mayest securely hide thyself from me!”
Then he betook himself to Easter mass. There he crossed himself
and did reverence, as prescribed, on all four sides, and to the Fair
Sun, Prince Vladímir, in particular. And after the mass was over,
Prince Vladímir sent to bid the strange hero to the feast, and there
inquired of him from what horde and land he came, and what was his
parentage. So Ilyá told him that he was the only son of honourable
parents. “I stood at my home in Múrom, at matins,” quoth he, “and
mass was but just ended when I came hither by the straight way.”
When the heroes that sat at the Prince’s table heard that, they
looked askance at him.
“Nay, good youth, liest thou not? boastest thou not?” said Fair Sun
Vladímir. “That way hath been lost these thirty years, for there stand
great barriers therein; accursed Tartars in the fields, black morasses;
and beside the famed Smoródina, amid the bending birches, is the
nest of the Nightingale on seven oaks; and that Magic Bird hath nine
sons and eight daughters, and one is a witch. He hath permitted
neither horse nor man to pass him these many years.”
“Nay, thou Fair Sun Prince Vladímir,” Ilyá answered: “I did come
the straight way, and the Nightingale Robber now sitteth bound
within thy court.”
Then all left the tables of white oak, and each outran the other to
view the Nightingale, as he sat bound to the steel stirrup, with one
eye fixed on Kíev town and the other on Chernígov from force of
habit. And Princess Apráksiya came forth upon the railed balcony to
look.
Prince Vladímir spoke: “Whistle, thou Nightingale, roar like an
aurochs, hiss like a dragon.”
But the Nightingale replied: “Not thy captive am I, Vladímir. ’Tis not
thy bread I eat. But give me wine.”
“Give him a cup of green wine,” spake Ilyá, “a cup of a bucket and
a half, in weight a pud and a half, and a cake of fine wheat flour, for
his mouth is now filled with blood from my dart.”
Vladímir fetched a cup of green wine, and one of the liquor of
drunkenness, and yet a third of sweet mead; and the Nightingale
drained each at a draught. Then the Old Cossack commanded the
Magic Bird to whistle, roar and hiss, but under his breath, lest harm
might come to any.
But the Nightingale, out of malice, did all with his full strength. And
at that cry, all the ancient palaces in Kíev fell in ruins, the new
castles rocked, the roofs through all the city fell to the ground, damp
mother earth quivered, the heroic steed fled from the court, the
young damsels hid themselves, the good youths dispersed through
the streets, and as many as remained to listen died. Ilyá caught up
Prince Vladímir under one arm, and his Princess under the other, to
shield them; yet was Vladímir as though dead for the space of three
hours.
“For this deed of thine thou shalt die,” spake Ilyá in his wrath, and
Vladímir prayed that at least a remnant of his people might be
spared.
The Nightingale began to entreat forgiveness, and that he might
be allowed to build a great monastery with his ill-gotten gold. “Nay,”
said Ilyá, “this kind buildeth never, but destroyeth alway.”
With that he took Nightingale the Robber by his white hands, led
him far out upon the open plain, fitted a burning arrow to his stout
bow and shot it into the black breast of that Magic Bird. Then he
struck off his turbulent head, and scattered his bones to the winds,
and, mounting his good Cloudfall, came again to good Vladímir.
Again they sat at the oaken board, eating savoury viands and
white swans, and quaffing sweet mead. Great gifts and much
worship did Ilyá receive, and Vladímir gave command that he should
be called evermore Ilyá of Múrom, the Old Cossack, after his native
town.—From I. F. Hapgood’s The Epic Songs of Russia.
Historical Songs.
The historical songs are composed in the same manner as
the epic songs, of which they are an organic continuation. The
oldest historical songs treat of the Tartar invasion. A large
number are centred about Iván the Terrible, and those that
describe Yermák’s exploits and conquests in Siberia are
probably the most interesting of that period. Some of those
referring to the time of the Borís Godunóv have been given on
pp. 130-4, having been collected by Richard James, the
English divine. There are also songs dealing with Sténka
Rázin, the robber, who was executed in 1671, and Peter the
Great, of which that on the taking of Ázov in 1696 is given
below.
There are few collections of these songs in English: W. R.
Morfill’s Slavonic Literature and Talvi’s Historical View are the
only ones that give extracts of any consequence. Accounts of
these songs may be found in most of the Histories of Russian
Literature mentioned in the Preface.
YERMÁK
KOLYÁDKA
BOWL-SONG
A PARTING SCENE
THE DOVE
On an oak-tree sat,
Sat a pair of doves;
And they billed and cooed
And they, heart to heart,
Tenderly embraced
With their little wings;
On them, suddenly,
Darted down a hawk.
Nightingale, O nightingale,
Nightingale so full of song!
Tell me, tell me, where thou fliest,
Where to sing now in the night?
Will another maiden hear thee,
Like to me, poor me, all night
Sleepless, restless, comfortless,
Ever full of tears her eyes?
Fly, O fly, dear nightingale,
Over hundred countries fly,
Over the blue sea so far!
Spy the distant countries through,
Town and village, hill and dell,
Whether thou find’st anyone,
Who so sad is as I am?
Oh, I bore a necklace once,
All of pearls like morning dew;
And I bore a finger-ring,
With a precious stone thereon;
And I bore deep in my heart
Love, a love so warm and true.
When the sad, sad autumn came,
Were the pearls no longer clear;
And in winter burst my ring,
On my finger, of itself!
Ah! and when the spring came on,
Had forgotten me my love.
ELEGY
THE FAREWELL
—From Sir John Bowring’s Specimens of the Russian Poets, Part II.
WEDDING GEAR