Which of them is not a characteristic of an experiment

Assignment Help Business Management
Reference no: EM131226210

Question 1
 
A numerical description of the outcome of an experiment is called a

descriptive statistic

probability function

variance

random variable

QUESTION 2

A random variable that can assume only a finite number of values is referred to as a(n)

infinite sequence

finite sequence

discrete random variable

discrete probability function

QUESTION 3

 A random variable that may take on any value in an interval or collection of intervals is known as a

continuous random variable

discrete random variable

continuous probability function

finite probability function

QUESTION 4

A description of the distribution of the values of a random variable and their associated probabilities is called a

probability distribution

random variance

random variable

expected value

QUESTION 5

The expected value for a binomial probability distribution is

E(x) = Pn(1 - n)

E(x) = P(1 - P)

E(x) = nP

E(x) = nP(1 - P)

QUESTION 6

The variance for the binomial probability distribution is

var(x) = P(1 - P)

var(x) = nP

var(x) = n(1 - P)

var(x) = nP(1 - P)

QUESTION 7

Which of the following is not a characteristic of an experiment where the binomial probability distribution is applicable?

the experiment has a sequence of n identical trials

exactly two outcomes are possible on each trial

the trials are dependent

the probabilities of the outcomes do not change from one trial to another

QUESTION 8

The number of electrical outages in a city varies from day to day. Assume that the number of electrical outages (x) in the city has the following probability distribution.

xf(x)

00.80

10.15

20.04

30.01

The mean and the standard deviation for the number of electrical outages (respectively) are

2.6 and 5.77

0.26 and 0.577

3 and 0.01

0 and 0.8

QUESTION 9

The center of a normal curve is

always equal to zero

is the mean of the distribution

cannot be negative

is the standard deviation

QUESTION 10

A normal distribution with a mean of 0 and a standard deviation of 1 is called

a probability density function

an ordinary normal curve

a standard normal distribution

none of these alternatives is correct

QUESTION 11

A negative value of Z indicates that

the number of standard deviations of an observation is to the right of the mean

the number of standard deviations of an observation is to the left of the mean

a mistake has been made in computations, since Z cannot be negative

the data has a negative mean

QUESTION 12

Which of the following is not a characteristic of the normal probability distribution?

The mean, median, and the mode are equal

The mean of the distribution can be negative, zero, or positive

The distribution is symmetrical

The standard deviation must be 1

QUESTION 13

Z is a standard normal random variable. The P (1.41 ≤ Z ≤ 2.85) equals

0.4978

0.4207

0.9185

0.0771

QUESTION 14

X is a normally distributed random variable with a mean of 8 and a standard deviation of 4. The probability that X is between 1.48 and 15.56 is

0.0222

0.4190

0.5222

0.9190

QUESTION 15

Larger values of the standard deviation result in a normal curve that is

shifted to the right

shifted to the left

narrower and more peaked

wider and flatter

Reference no: EM131226210

Questions Cloud

Discuss the tricks of the trade where manipulation : When you evaluate the various stakeholder groups that companies must serve, which do you think are the most important? Why? Why do you think that even with “checks and balances” in place, people still behave unethically? Discuss the “tricks of the tr..
Cryptographic operations with gpg : COIT20262 - Advanced Network Security - Describe the meaning of a rule conflict and explain one method that a malicious user could use to avoid detection by your rules.
Impact of credit crisis on liquidity : Explain why the credit crisis affected the ability of financial institutions to access short-term financing in the money markets.
Negotiate contractual provisions without interference : Should parties be able to negotiate contractual provisions without interference from courts? Why or Why not?
Which of them is not a characteristic of an experiment : The number of electrical outages in a city varies from day to day. Assume that the number of electrical outages (x) in the city has the following probability distribution.
Composition of a social entity in terms : Introduction: Employee demography can be defined as "the study of the composition of a social entity in terms of its members' attributes" (Pfeffer, 1983). Demographics include such factors as gender, age, ethnicity, occupation, seniority, salary l..
Discuss the importance of quality to the national interest : Discuss the importance of quality to the national interest of any country in the world. Given China’s emergence as a global economic power, of what importance do you believe that quality will play in their future?
Bear stearns and the repo market : Bear Stearns and the Repo Market : - Explain the lesson to be learned about the repo market based on the experience of Bear Stearns.
Charismatic leadership from transformational leadership : This chapter distinguished charismatic leadership from transformational leadership. Yet charisma is identified by most employees and managers as a characteristic of effective leaders. Why is charisma commonly related to leadership? In your opinion, a..

Reviews

Write a Review

Business Management Questions & Answers

  The optimal amount

Select a restaurant with which you are familiar (it can be the same one as last week) and determine which order size / order time method would be most appropriate. Explain your reasons.

  Organizational change and personal leadership

Organizational Change and Personal Leadership Development Plan

  Calculate cash flow from operating activities

Calculate cash flow from operating activities using the following information:

  Bias in politicsshow problems of bias in political

bias in politicsshow problems of bias in political elections and what if anything can be done to improve our capacity

  A policy could fit into a sustainable approach

From Minicase: The BlueGreen Alliance: A New Way of Thinking for Sustainability. The right trade policies, in a union view, may mean protectionist measures to build jobs.  Do you think such a policy could fit into a sustainable approach?

  Schools of management thought

Assignment should be uploaded with the student portal   1. Prepare an essay on "Schools of Management Thought" 2.     What are two or three of your own ten-year predictions for our socio-cultural, political-legal, economic or technological future w..

  Compile the alteration management imperatives

Compile the alteration management imperatives that will go into making this a successful change project. Construct a set of strategies that managers can utilize to help employees cope with complex change

  Explain a friend proposals to share introduction to business

A friend proposals to share with you a term paper previously prepared for her Introduction to Business. When you say her that it wouldn't be fair, she prompts you of your habit of reading an entire Harry Potter book at the local bookstore without ..

  Why are industries fragmented

What are the key problems in maintaining a competitive advantage in embryonic and growth industry environments? What are the dangers associated with being the leader in an industry?

  Define the interests of both parties

Define the interests of both parties

  Example for capturing greater market share with low cost

example for capturing greater market share with low cost products or strategiesvery good point when you state a

  Question about governance failure

Many people say that the corporate governance failures are result of human greed and that they will happen anytime there is too much money on the table.

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