Business Finance Homework HelpMarch 11, 2022/in Business & Finance homework help /by adminBusiness Finance Homework Help. Multiple Choice Question 1 4 PointsDiscrete variables have values that can be measured. True False Question 2 4 PointsContinuous random variables are obtained from data that can be measured rather than counted. True False Question 3 4 PointsA(n) __________ variable is one in which values are determined by chance.Blank 1 Blank 1 Question 4 4 PointsThe sum of the probabilities of all the events in the sample space of a probability distribution must equal 1. True False Question 5 4 PointsThe following distribution is not a probability distribution because X21012P(X)0.080.210.430.170.26 the values of the variable are negative. the probability values are not increasing. the probability values do not add to 1. the probability values are not discrete. Question 6 4 PointsA(n) __________ probability distribution consists of the finite number of values a random variable can assume and the corresponding probabilities of the values.Blank 1 Blank 1 Question 7 4 PointsThe following distribution is not a probability distribution because X21012P(X)0.160.20–0.120.450.31 values of the variable are negative. a probability is negative. the probability values do not add to 1. the probability values are not discrete. Question 8 4 PointsFind the mean of the distribution shown.X46P(X)0.360.64 1.64 4.00 5.28 6.00 Question 9 4 PointsThe number of cartoons watched on Saturday mornings by students in Mrs. Kelly’s first grade class is shown below. Number of cartoons watched X012345Probability P(X)0.150.200.300.100.200.05What is the mean of the data? 1.37 2.15 1.89 1.18 Question 10 4 PointsGive the variance of the following distribution? X01234P(X)0.200.350.100.250.10 1.83 1.31 1.25 1.71 Question 11 4 PointsWhat is the standard deviation of the following probability distribution? X02468P(X)0.200.050.350.250.15 2.6 4.7 5.4 3.9 Question 12 4 PointsFind the mean of the distribution shown.X12P(X)0.320.68 0.50 1.50 1.17 1.68 Question 13 4 PointsFind the mean of the distribution shown below. X234P(X)0.350.240.41 1.56 2.06 2.56 3.06 Question 14 4 PointsIn binomial experiments, each trial can be viewed as having only two outcomes. True False Question 15 4 PointsThe probability of a success remains the same for each trial in a binomial experiment. True False Question 16 4 PointsA jewelry supplier has a supply of earrings which are 40% platinum. A store owner orders five sets of earrings from the supplier. If the supplier selects the pairs of earrings at random, what is the chance that the jewelry store gets exactly two sets of platinum pairs? 0.4320 0.2880 0.3456 0.1920 Question 17 4 PointsIf a student randomly guesses at 20 multiple-choice questions, find the probability that the student gets exactly four correct. Each question has four possible choices. 0.190 0.162 0.085 0.218 Question 18 4 PointsA surgical technique is performed on eight patients. You are told there is 70% chance of success. Find the probability that the surgery is successful for exactly 6 patients. 0.296 0.318 0.279 0.700 Question 19 4 PointsA surgical technique is performed on twelve patients. You are told there is 70% chance of success. Find the probability that the surgery is successful for exactly 9 patients. 0.296 0.240 0.750 0.700 Question 20 4 PointsA surgical technique is performed on nine patients. You are told there is 80% chance of success. Find the probability that the surgery is successful for at least 8 patients 0.889 0.552 0.368 0.436 Question 21 4 PointsA surgical technique is performed on ten patients. You are told there is 85% chance of success. Find the probability that the surgery is successful for at least 8 patients 0.800 0.347 0.197 0.820 Question 22 4 PointsIf a student randomly guesses at 12 multiple-choice questions, find the probability that the student gets exactly seven correct. Each question has five possible choices. 0.583 0.059 0.714 0.003 Question 23 4 PointsIf a student randomly guesses at 10 multiple-choice questions, find the probability that the student gets exactly five correct. Each question has four possible choices. 0.058 0.500 0.266 0.150 Question 24 4 PointsFind the mean and the standard deviation of a Binomial Distribution with n= 316 and p= 0.72 Mean = 164.5; Stand. Deviation= 10.1 Mean = 227.5; Stand. Deviation= 8.0 Mean = 262.8; Stand. Deviation= 10.6 Mean = 254.4; Stand. Deviation= 9.9 Question 25 4 PointsFind the mean and the standard deviation of a Binomial Distribution with n= 80 and p= 0.3 Mean = 24; Stand. Deviation= 4.1 Mean = 34; Stand. Deviation= 6.2 Mean = 28; Stand. Deviation= 6.6 Mean = 10; Stand. Deviation= 7.3 Business Finance Homework Help "Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!" https://qualityhomeworkanswers.com/wp-content/uploads/2022/07/qqlogo.png 0 0 admin https://qualityhomeworkanswers.com/wp-content/uploads/2022/07/qqlogo.png admin2022-03-11 03:52:442022-03-11 03:52:44Business Finance Homework Help