Statistics for Business And Economics 12th Edition by James T. McClave – Test Bank

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Statistics for Business And Economics 12th Edition by James T. McClave – Test Bank

CHAPTER 5—DISCRETE PROBABILITY DISTRIBUTIONS

MULTIPLE CHOICE

1.Which of the following is a characteristic of an experiment where the binomial probability distribution is applicable?

a.

the experiment has at least two possible outcomes

b.

exactly two outcomes are possible on each trial

c.

the trials are dependent on each other

d.

the probabilities of the outcomes changes from one trial

ANS: B PTS: 1 TOP: Discrete Probability Distributions

2.A numerical description of the outcome of an experiment is called a

a.

descriptive statistic

b.

probability function

c.

variance

d.

random variable

ANS: D PTS: 1 TOP: Discrete Probability Distributions

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

a.

infinite sequence

b.

finite sequence

c.

discrete random variable

d.

discrete probability function

ANS: C PTS: 1 TOP: Discrete Probability Distributions

4.A probability distribution showing the probability of x successes in n trials, where the probability of success does not change from trial to trial, is termed a

a.

uniform probability distribution

b.

binomial probability distribution

c.

hypergeometric probability distribution

d.

normal probability distribution

ANS: B PTS: 1 TOP: Discrete Probability Distributions

5.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

ANS: B PTS: 1 TOP: Discrete Probability Distributions

6.A continuous random variable may assume

a.

any value in an interval or collection of intervals

b.

only integer values in an interval or collection of intervals

c.

only fractional values in an interval or collection of intervals

d.

only the positive integer values in an interval

ANS: A PTS: 1 TOP: Discrete Probability Distributions

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

a.

probability distribution

b.

random variance

c.

random variable

d.

expected value

ANS: A PTS: 1 TOP: Discrete Probability Distributions

8.Which of the following is a required condition for a discrete probability function?

a.

f(x) = 0 for all values of x

b.

f(x)  1 for all values of x

c.

f(x) < 0 for all values of x

d.

f(x) = 1 for all values of x

ANS: D PTS: 1 TOP: Discrete Probability Distributions

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