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Practice Problems All problems taken from prior exams. Questions 1 through 20, multiple choice.

Questions 1 through 18 pre-midterm. Question 19 requires knowledge of the hypergeometric distribution which we will not cover this semester, Question 20 post-midterm. Questions 21 through 45, open answer (randomized across the entire course). Question 30 requires knowledge of the no-memory property which we will not cover this semester. 1. f(x) = 2x - 2 for 1x2. f(x) = 0 for all other y. P(X1.5) = ? 0 0.20 0.25 0.33 0.50 0.67 0.75 0.80 2. How many boxes of Cheerios can management expect to sell per consumer (i.e., average) if the Cheerios marketing department successfully lure consumer into collecting all 3 unique figurines as a set? (Assume that Cheerios randomly assigns exactly one of the three figurines, with equal likelihood, to each box. Also assume that there is no trading among consumers.) 3 4 4.5 5.5 6 7.5 8 9 3. After having three boys, a doctor tells a pregnant mother and father that they are due to have a girl. Which of the following answers best describes the doctors claim, assuming that the infants gender is independent of his/her siblings? Central Limit Theorem Empirical Rule Gamblers Fallacy Law of Large Numbers Law of Small Numbers Poisson Process The Bounce-Back Rule Law of Averages 4. If you toss a fair coin 8 times, what is the probability that you will observe exactly 4 heads out of the 8 tosses? 0.000 0.125 0.250 0.273 0.375 0.400 0.413 0.457

2000-2008, Mark G. Haug.

0.500

5. Based on the following random sample data: 2, 3, 4, 7 and the belief that the data are exponentially distributed, what is P(T5)? 0.75 0.71 0.26 0.55 0.45 6. What is the sample standard deviation for the following 5 values: 2, 3, 4, 5, 6 ? 1.00 1.41 1.50 1.58 2.00 2.36 2.50 4.00 7. To reduce costs, medical labs will occasionally pool blood to conduct one single test for the prevalence of a relatively rare disease. Example: Assume that 50 people had their blood drawn. The disease in this example is relatively rare (only 1 in 100 people have the disease). The lab takes a portion of each persons blood and pools the blood together. Then the lab conducts one test of the pooled blood. If the test is negative, then the lab personnel can conclude that all 50 people are negative. If the pooled blood test is positive, then the lab personnel will have to go back to the original blood specimens and conduct a test on each one, thereby incurring the cost of 51 tests (the original pooled test plus the 50 individual tests). If this example was repeated many times, what is the average number of tests? (You may assume independence.) 1.00 1.50 2.00 20.35 20.75 25.00 25.50 26.00 50.00 8. Jane is 35 and outspoken. She graduated with honors in Peace Studies and Political Science when she attended college nearly 15 years ago. Today she demonstrates with an un-named group which seeks social justice for the impoverished citizens of her community. Which is more probable of the two: Jane works as a bank teller Jane works as a bank teller and is active in Habitat for Humanity 9. For a normal distribution with =8 and =2, calculate P(X10). 0.3413 0.8413

2000-2008, Mark G. Haug.

0.6587 0.1587 10. P(Xk) = .4325 for the random variable X which is normally distributed with =1 and =1. What is k? -0.17 0.17 -1.495 1.495 0.83 1.17 -0.495 2.495 11. What is P(-1.5Z1.2)? .4332 .3849 .0483 .8181 .1819 12. What is the estimated P(X<10|X>5) for the following equally likely values of X: 4, 6, 8, 10, 12, 16? 0.20 0.25 0.40 0.60 0.80 13. Roll a die (singular for dice) once and observe its outcome. Then roll the die again and again until you observe the number from the initial roll. How many rolls do you expect it will take? How many rolls must you make to insure that the probability is better than one-half that you will observe your initial number? 6, 4 6, 3 6, 2 3, 4 3, 3 3, 2 14. P(Z1.5|Z1.0)=? .0919 .2745 .0668 .1587 .5791 .4209 15. X is a continuous random variable having equally likely values between and including 0 through 12. What is the mean? What is the standard deviation? 6.5, 12 6.5, 3.5 6, 12 6, 3.5

2000-2008, Mark G. Haug.

time elapsed since graduation until a job offer for two randomly selected graduates, and a rejection region that the test statistic is greater than 1 month. What is alpha? 23. A financial analyst has just received information that could affect the price of a particular stock in the next few days. She is 80% certain that the information is correct. If the information is correct, she believes the stock price will soon fall with a probability of 0.75. If the information is incorrect, she believes the stock price will soon fall with probability 0.50. If the stock price soon falls, what is the probability that the information was correct? 24. A batter hits the ball 20% of the time at bat. The batter gets three times at bat in each game, and there are 162 games each year. In a year, what would you expect the longest streak of consecutive games in which the batter hits at least one hit in each game? Assume that hits and games are independent. 25. As you know, the width of a Confidence Interval depends on three things: the inherent variability of the random variable, the level of confidence, and the sample size. If you increase the level of confidence and hold everything else constant, what can we say about the width of the confidence interval? 26. X is a random variable distributed according to the Weibull Distribution. After obtaining a random sample of 100 observations, the sample mean is 22 and the sample standard deviation is 10. Is it reasonable to believe that the population mean of the Weibull distribution is 25?

27. To reduce costs, a medical lab will pool blood to conduct one single test for the prevalence of a relatively rare disease. Assume that 25 people had their blood drawn. Since the disease is relatively rare (only 2 in 100 people have the disease), the lab takes a portion of each person's blood and pools the blood together. Then the lab conducts one test of the pooled blood. If the test is negative, then the lab personnel can conclude that all 25 people are negative. If the pooled blood test is positive, then the lab personnel will have to go back to the original blood specimens and conduct a test on each one. Let the random variable, X, represent the number of tests conducted for each group of 25 people. What is E(X)? 28. T is a random variable distributed according to the Exponential Distribution, defined by f(t ) = (0.01)e-0.01(t) . If you take a random sample of 100 observations, what is the estimated probability that the sample mean is greater than 150? 29. X is a random variable distributed according to the Normal Distribution, with known =200 and known =20. After taking a random sample of 25 observations, you calculate a sample mean of 205 and a sample standard deviation of 25. The probability of observing a sample mean of 205 or greater is given by the following expression: 30. The no memory property of the Exponential Distribution asserts that P(t>w+h | t>w) = 31. It is believed that gender and political party are not associated. The following data were obtained: Democrat Republican Women 60 40 Men 40 60 What is the proper value of the test statistic for these data?