DM Review 2 2024

Front

What is the probability of rolling a fair 6-sided die and having it land on an odd number?

Back

1/2

Front

Eli earns an 8% commission on his sales of $75,680. What is his commission?

Back

$6,054.40

Front

The Universal Set = { -4, 3, -2, -1, 0, 1, 2, 3, 4} and A = {0}. What is the complement of A?

Back

{-4, -3, -2, -1, 1, 2, 3, 4}

Front

What is Confirmation Bias?

Back

The tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence.

Front

Universal set={1, 2, 3, .....19, 20} A={2, 4, 6, 8, 10}. What is A'?

Back

{1,3,5,7,9,11,12,13,14, 15,16,17,18,19,20}

Front

Define Probability.

Back

Probability is a measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Front

What is a Universal Set?

Back

A Universal Set is the set that contains all possible elements for a particular discussion or problem.

Front

Define Complement of a Set.

Back

The complement of a set A refers to elements not in A but in the Universal Set.

Front

What is Commission in sales?

Back

Commission is a fee paid to an employee based on the sales they generate, usually expressed as a percentage.

Front

Explain Confirmation Bias in decision making.

Back

Confirmation Bias leads individuals to favor information that confirms their existing beliefs while disregarding evidence to the contrary.