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Probability and Statistics for Business and Economics

Probability and Statistics for Business and Economics

Question 1

0 / 1 pts

Q1. The HRM department has reviewed the resumes of three technicians who applied for jobs at an engineering firm. Depending on the qualifications and experience of the technicians, the HRM department decides who will be hired. If the experimental outcomes are determined by the hiring decisions, how many experimental outcomes are possible?

IncorrectQuestion 2

0 / 1 pts

Q2. The HRM department has reviewed the resumes of three technicians who applied for jobs at an engineering firm. Depending on the qualifications and experience of the technicians, the HRM department decides who will be hired. If the experimental outcomes are determined by the hiring decisions, how many experimental outcomes are possible if the HRM department will not hire any more than two technicians?

UnansweredQuestion 3

0 / 0.5 pts

Q4. In an effort to control the spread of the malaria virus, the World Health Organization (WHO) monitors the number of new cases each month in twelve countries in Africa, to initiate containment efforts if the number of new cases exceed 20 each month in any of the twelve countries. If a random variable is used to track the number of countries in which the number of new cases have exceeded 20 each month, how many values are possible for the random variable?

IncorrectQuestion 4

0 / 0.5 pts

Q5. To implement effective contact tracing after someone has been infected with the corona virus, the CDC monitors the time it takes to receive the test result after a person has been tested for the corona virus. If a random variable is used to track the time to receive the test result after testing, the random variable can be described as which of the following?

Discrete defined variable

Continuous defined variable

Continuous random variable

Discrete random variable

IncorrectQuestion 5

0 / 0.5 pts

Q6. Which of the following would be the best example of a discrete uniform probability function?

Selecting an ace of spade from a deck of cards

Selecting a seven year old child from a group of students at an elementary school

Selecting a Ford truck from a large used vehicle sales lot

Selecting a quarter from a jar full of coins

Question 6

0.2 / 0.2 pts

Q7. A lab specialist performs lab tests on samples in Hampton, Virginia. Depending on the type of test that is performed, the lab test can take 1, 2, 3, or 4 hours. The 1, 2, and 3 hour lab tests occur at the same rate, but the 4 hour lab test occurs at twice the rate of any of the other lab tests. Develop a probability distribution for the duration of a lab test. The probability distribution satisfies the conditions required for a discrete probability function.

True

False

UnansweredQuestion 7

0 / 0.5 pts

Q8. A lab specialist performs lab tests on samples in Hampton, Virginia. Depending on the type of test that is performed, the lab test can take 1, 2, 3, or 4 hours to complete. The 1, 2, and 3 hour lab tests occur at the same rate, but the 4 hour lab test occurs at twice the rate of any of the other lab tests. Develop a probability distribution for the duration of a lab test. What is the probability that a lab test will take 2 hours?

UnansweredQuestion 8

0 / 1.4 pts

Q10. A lab specialist performs lab tests on samples in Hampton, Virginia. Depending on the type of test that is performed, the lab test can take 1, 2, 3, or 4 hours to complete. The 1, 2, and 3 hour lab tests occur at the same rate, but the 4 hour lab test occurs at twice the rate of any of the other lab tests. Develop a probability distribution for the duration of a lab test. What is the probability that a lab test will take more than 2 hours?

UnansweredQuestion 9

0 / 0.2 pts

Q12. A dog trainer has determined that the number of weeks to fully train a dog is either 1, 2, 3, or 4 weeks, depending on the type of dog. The dog trainer developed a probability function where f(x) = x/10 where “x” is a random variable indicating the number of weeks required to fully train a dog. Which of the following statements is accurate?

The probability function is not valid because it is not a discrete uniform probability function

The probability function is valid because it meets the conditions of a discrete uniform probability function

The probability function is not valid because the sum of the probabilities do not equal to 1

The probability function is valid because it meets the conditions of a discrete probability function

UnansweredQuestion 10

0 / 0.5 pts

Q13. A dog trainer has determined that the number of weeks to fully train a dog is either 1, 2, 3, or 4 weeks, depending on the type of dog. The dog trainer developed a probability function where f(x) = x/10 where “x” is a random variable indicating the number of weeks required to fully train a dog. What is the probability that it will take 3 weeks to train a dog?

UnansweredQuestion 11

0 / 0.5 pts

Q14. A dog trainer has determined that the number of weeks to fully train a dog is either 1, 2, 3, or 4 weeks, depending on the type of dog. The dog trainer developed a probability function where f(x) = x/10 where “x” is a random variable indicating the number of weeks required to fully train a dog. What is the probability that it will take at least 3 weeks to train a dog?

UnansweredQuestion 12

0 / 0.5 pts

Q16. A dog trainer has determined that the number of weeks to fully train a dog is either 1, 2, 3, or 4 weeks, depending on the type of dog. The dog trainer developed a probability function where f(x) = x/10 where “x” is a random variable indicating the number of weeks required to fully train a dog. If a dog owner brings a dog to the trainer, in how many weeks should the dog owner expect the dog to be fully trained?

UnansweredQuestion 13

0 / 0.5 pts

Q17. A dog trainer has determined that the number of weeks to fully train a dog is either 1, 2, 3, or 4 weeks, depending on the type of dog. The dog trainer developed a probability function where f(x) = x/10 where “x” is a random variable indicating the number of weeks required to fully train a dog. Over a 15-week period, how many dogs should the trainer expect to train, if the dog trainer can train as many as 4 dogs simultaneously?

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