Review of Probability Concepts

Review of Probability Concepts

University

25 Qs

quiz-placeholder

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Review of Probability Concepts

Review of Probability Concepts

Assessment

Quiz

Computers

University

Hard

Created by

Mgt286 Classes

Used 7+ times

FREE Resource

25 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

The sum of the simple probabilities for all possible outcomes of an activity must equal to:

Answer explanation

Fundamental Concepts

The probability, P, of any event or state of nature occurring is greater than or equal to 0 and less than or equal to 1. (0 <= P (event) <=1)

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Probability can be written as:

a fraction

a decimal

a percentage

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An unlikely chance event is closer to what number?

0

1

2

infinity

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A spinner has 8 equal regions. Each region is marked with one of the following numbers: 10, 20, 30, 40, 50, 60, 70, 80. What is the probability of an even number being spun on the first roll?

1/8

1/2

1

3/8

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Events are said to be _____ if only one of the events can occur on any one trial.

Answer explanation

Events are said to be mutually exclusive if only one of the events can occur on any one trial. Tossing a coin will result in either a head or a tail. Rolling a die will result in only one of six possible outcomes.

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Events are said to be _____ if the list of outcomes includes every possible outcome.

Answer explanation

Events are said to be collectively exhaustive if the list of outcomes includes every possible outcome. Examples: (a) Both heads and tails as possible outcomes of coin flips; (b) All six possible outcomes of the roll of a die.

7.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

You draw one card from a deck of 52 playing cards. What is the probability of drawing a 7?

[Express your answer as a fraction: x/y]

Answer explanation

P (drawing a 7) = 4/52 = 1/13

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