Binomial and hypergeometric distributions

Assignment Help Accounting Basics
Reference no: EM13927339

Group Work / Sample Questions for Test 2 on Binomial and Hypergeometric Distributions
These were taken from past exams, pasts quizzes, and your text book.
1. For a binomial random variable, X, where n = 6 and p = 0:45, calculate the following.
[Answer all probabilities with at least 4 decimal places]
(a)
(b)
(c) p(2) = P(X = 2)
(d) P(2 X 4)
(e) P(X > 4)
(f) The probability that there is at least one \failure."
(g) The probability that X falls within 2 standard deviations of the mean.

2. A study reposted that 48% of American adults take at least two sick days per year when they are not really sick. In a random sample 30 of American adults:

(a) What is the probability that exactly 13 of the adults in the sample took at least two sick days when they were really not sick?
(b) What is the probability that at most 13 of the adults in the sample took at lesat two sick days when they were really not sick?

3. Suppose a manager has 10 subordinates, 6 of whom are female, while the other 4 are male. The manager will randomly pick 3 of his subordinates to attend a conference in Hawaii.

(a) What is the probability that all three of the employees chosen to attend the conference are male?
(b) What is the probability that all three of the employees chosen to attend the conference are female?
(c) What is the probability that at least one male and at least one female are chosen?
4. Many primary care doctors feel overworked and burdened by potential lawsuits. In fact, the Physicians' Foundation reported that 60% of all general practice physicians in the US do not recommend medicine as a career (Reuters, Nov. 18, 2008). Let X represent the number of sampled general practice physicians who do not recommend medicine as a career.

(a) Is X best described as a Binomial random variable or a Hypergeometric Random Variable?

(b) In a random sample of 15 primary care physicians, what the the probability that at least one does not recommend medicine as a career?
(c) In a sample of 15 primary care physicians, what is the mean and the standard deviation of the number of physicians who do not recommend medicine as a career?
5. Suppose you are on a committee of 9 people, and an important decision is being decided where you will each vote \yes" or \no," and a decision is reached by a simple majority (i.e. 5 or more votes).

Your vote only counts when the remaining 8 members of the committee as split 4-4. Suppose that the remaining 8 members of the committee are equally likely to vote \yes" and \no." Find the probability that your vote counts.

6. Suppose you are involved in an investigation about contaminated cartridges from a particular company. In a shipment of 158 cartridges from this company, 36 were found to be contaminated and the other 122 were \clean." If you randomly select 5 of the 158 cartridges, what is the probability that all 5 will be \clean"?

7. A student it taking a multiple choice quiz with 12 questions. Every question has four choices, only one of which is correct. The student did not study, and randomly guesses the answers to all of the 12 questions.

(a) What is the expected number of questions that this student answers correctly?
(b) What is the expected number of questions that this student answers incorrectly?
(c) What is the standard deviation for the number of questions this student answers correctly?
(d) What is the probability that this student answers exactly 6 questions correctly?
(e) What is the probability that this student answers at most 2 questions correctly?
(f) What is the probability that this student answers more than 1 questions correctly?
(g) The professor states that you need to get at least 11 of the 12 questions correct to get an A on the quiz. What is the probability that this student gets an A on the quiz?

8. (Multiple Choice) About 25% automobiles in Michigan are foreign made and nearly 65% of automobiles in California are foreign made. A sample of 100 automobiles are drawn from michigan and a sample of 200 are drawn from california. Let X stand for the number of foreign made cars in the sample from Michigan and Y for the number of foreign cars in the California sample and Z = X+Y. Then

(a) None of X , Y and Z are Binomial.
(b) X and Y are Binomial and Z is not Binomial.
(c) X, Y and Z are all Binomial,

(d) X and Y are not Binomial but Z is Binomial.

9. About 25% automobiles in Michigan are foreign made and nearly 65% of automobiles in California are foreign made. A sample of 100 automobiles are drawn from michigan and a sample of 200 are drawn from california. Let X stand for the number of foreign made cars in the sample from Michigan and Y for the number of foreign cars in the California sample and Z = X+Y. Then

(a) Find the probability that X equals 28.
(b) Find the probability that Y equals 120.

10. Bob's Used Car Dealership has 20 cars: 6 are foreign made and the others are made in the USA.
The owner will randomly select four cars from his lot to display in a commercial.
(a) What is the probability that 3 of the four cars shown in the commercial are made in the USA?
(b) What is the probability that at least 3 of the four cars shown in the commercial are made in the
USA?

Reference no: EM13927339

Questions Cloud

Implement euler integration scheme : Implement Euler integration scheme and implement Runge-Kutta integration scheme. The latter phenomenon is known as the butterfly effect.
One-tailed and two-tailed test : 1. Explain Type I and Type II errors. Use an example if needed. 2. Explain a one-tailed and two-tailed test. Use an example if needed.
First step in software development : What is the first step in software development? (a) Develop the logical solution (b) Understand the problem (c) Plan/design the logic (d) Translate into code
Describing the evolution of business : Create a 10- to 15-slide Microsoft® PowerPoint® presentation describing the evolution of business.
Binomial and hypergeometric distributions : Suppose a manager has 10 subordinates, 6 of whom are female, while the other 4 are male. The manager will randomly pick 3 of his subordinates to attend a conference in Hawaii.
Determine the sample mean and sample standard deviation : Determine the sample mean, sample standard deviation, and sample size
What is increase in probability of company generating losses : If the firm acquires the cars and finances them with debt as proposed, what is the increase in the probability of the company's generating losses during the coming year?
Work with dictionary and create relational database : In this lab, you will prepare a Data Dictionary based on the list of elements. Also, your task will be determined the tables, their relationships, primary and foreign keys. Based on this analysis, you will create Database Schema, relational tables..
What are the earnings per share at the given level : What is the level of EBIT at the indifference point between these two alternatives? What are the earnings per share at this level?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Audience-focused communication matrix

Use the matrix to complete the information. Write 3-4 sentences for each item. • What are some audience characteristics you need to consider?

  Creation of standards and regulations

Describe how the organization impacts the nature of services provided by auditors in regard to the creation of standards and regulations.

  Calculate the net present value of cash flows using total

ben ryatt professor of languages at a southern university owns a small office building adjacent to the university

  Funding and accounting for the different colleges and unive

Funding, and accounting for the different colleges and universities

  Intangibles using the straight-line method

Sherwood Co. amortizes intangibles using the straight-line method.

  The operations management team

The operations management team

  Furniture purchased at the start of the month for 4500 is

the following information is available for perry sales on august 31 for the month just ended.a.1850 of the television

  In a chlorine-fluxing installation in a large aluminum

in a chlorine-fluxing installation in a large aluminum company engineers are considering the replacement of existing

  Prepare a three year forecast of estimated future cash

prepare a three 3 year forecast of estimated future cash flows for you company and give valid economicbusiness reasons

  Calculate the variances

For the week in question, Marcia actually produced 1,050 units. In doing so, she purchased 4,000 pounds of material at a cost of $41,000 and used 4,100 pounds of materials. Direct laborers worked 3,000 hours and were paid $16,950. Variable overhea..

  Using direct labor as the cost driver

ABC Company's overhead amounts to $300,000 per period based on an output of 200 units of A, 300 units of B, and 500 units of C. Direct labor costs of A, B, and C per unit amount to $75, $50, and $40 respectively. Each unit also requires 7, 12,..

  The units are started in the department a on july 1 of this

zend inc. manufactures small pleasure boats on assembly line basis. the units are started in the department a. on july

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd