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Instructions: (faculty may change below list to appropriately fit the exam details/conditions)
1. Answer ALL questions using ink or ball pens.
2. Do all workout on this or the accompanying answer book. If required, assume suitable data and
sketch relevant diagrams.
3. All questions carry the marks indicated in the table below.
4. For all calculations, show the workouts.
5. If required, use supplied separate sheets to write your answers, but do not forget to write your name
and ensuring that all answers are clearly numbered.
6. No PDA, computers, books or notes allowed in this examination.
7. No bathroom breaks allowed once the exam begins.
8. No speaking in Arabic or English once the exam begins.
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
A. MULTIPLE CHOICE (1 point each)
a) Zero
b) 0.5
c) 0.57
d) 1.0
2. If A and B are independent events with P(A) = 0.65 and P(A B) = 0.26, then, P(B)
=
a. 0.400
b. 0.169
c. 0.390
d. 0.650
a. 0.14
b. 0.43
c. 0.75
d. 0.59
a. descriptive statistic
b. probability function
c. variance
d. random variable
6. Variance is
a. a measure of the average, or central value of a random variable
b. a measure of the dispersion of a random variable
c. the square root of the standard deviation
d. the sum of the squared deviation of data elements from the mean
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b.
c.
d. College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
a. probability distribution
b. random variance
c. random variable
d. expected value
10. The probability that a continuous random variable takes any specific value
a. is equal to zero
b. is at least 0.5
c. depends on the probability density function
d. is very close to 1.0
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
B. PROBLEMS
11. (10 points)
a. P(A B) = 0
P(A B) 0
b. P(A B) 0
P(B) .4
c. No. P(A | B) P(A); the events, although mutually exclusive, are not independent.
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
a. f (12) = .1144
b. f (16) = .1304
e. E(x) = n p = 20(.7) = 14
= 4.2 = 2.0494
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
13. (10 points)
1
a. f(x) = for 18 < x < 26, 0 elsewhere.
8
1
P(x 25) = (26 – 25) = .125
8
1
b. P(21 x 25) = (25 – 21) = .50
8
1
P(x 20) = (20 – 18) = .25
8
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
14. (10 bonus points)
a. .90
2!
f (1) (.9)1 (.1)1
1! 1!
2(.9)(.1) .18
2!
f (2) (.9)1 (.1)0
2! 0!
1(.81)(1) .81
Alternatively
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College of Business
OPM 211 – BUSINESS STATISTICS
Midterm Exam 2
Faculty: Dr. Sheraz Alam Malik March 20th , 2019
P(at least 1) = 1 – f(0)
2!
f (0) (.9)0 (.1) 2 .01
0! 2!
3!
f (0) (.9)0 (.1)3 .001
0! 3!
d. Yes; P(at least 1) becomes very close to 1 with multiple systems and the inability to detect
an attack would be catastrophic.
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