# Can someone help answer these?

Feb 19th, 2015
Anonymous
Category:
Accounting
Price: \$15 USD

Question description

### QUESTION 1

1. Exhibit 5-10The probability distribution for the number of goals the Lions soccer team makes per game is given below.

 NumberOf Goals Probability 0 0.05 1 0.15 2 0.35 3 0.30 4 0.15

Refer to Exhibit 5-10. The expected number of goals per game is

 0 1 2, since it has the highest probability 2.35

4 points

### QUESTION 2

1. It is known that 20% of the applications received for a particular credit card are
rejected. What is the probability that among the next 15 applications there will be at least 1 rejections?

 .0352 .9648 .2309 .3980 none of the above

4 points

### QUESTION 3

1. Which of the following is a required condition for a discrete probability function?

 åf(x) = 0 f(x)  1 for all values of x f(x) < 0 åf(x) = 1

4 points

### QUESTION 4

1. A university found that 3% of its students withdraw from an
introductory course without completing it. Assume 10 students have
registered for the course in a semester. Use appropriate tables to find:
the probability that less than 2 will drop.

 .7374 .9655 .9317 .0072 none of the above

4 points

### QUESTION 5

1. An insurance company has determined that each week an average of 10 claims are filed in their Atlanta branch. Assume that the Poisson distribution is applicable. What is the probability that during the next week exactly 3 claims will be filed?

 .0023 .0076 .0337 .0000 none of the above.

4 points

### QUESTION 6

1. A retailer determines that the average number of orders per day for a
certain product is 5. Assume the Poisson distribution is applicable.
What is the probability that at least 2 order is received on a given day?

 .0023 .9596 .9210 .0000 none of the above

4 points

### QUESTION 7

1. An insurance company has determined that each week an average of 10
claims are filed in their Atlanta branch. Assume that the Poisson distribution is applicable. What is the probability that during the next week less than 1 claims will be filed?

 .0000 .0076 .9999 .0337 none of the above.

4 points

### QUESTION 8

1. Using Z - tables find the probabilities that Z is greater than 2.32

 .0102 .4898 .4992 .0019 none of the above

4 points

### QUESTION 9

1. Using Z - tables find the probabilities that Z is between -.67 and 1.72

 .7059 .0427 .4573 .4992 none of the above

4 points

### QUESTION 10

1. Using Z - tables find z such that the area to the left of z is .6406

 2.08 .36 2.33 .50 none of the above

4 points

### QUESTION 11

1. Using Z - tables find z such that the area to the right of z is .05

 2.88 1.28 1.64 .52 none of the above

4 points

### QUESTION 12

1. Exhibit 6-6The starting salaries of individuals with an MBA degree are normally distributed with a mean of \$40,000 and a standard deviation of \$5,000.

Refer to Exhibit 6-6. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least \$47,500?

 0.4332 0.9332 0.0668 0.5

4 points

### QUESTION 13

1. For a normal distribution, a negative value of z indicates

 a mistake has been made in computations, because z is always positive the area corresponding to the z is negative the z is to the left of the mean the z is to the right of the mean

(Top Tutor) Benson K
School: Cornell University

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