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Module4 Quantitative Methods

Authored by Aileen Torre

Computers

University

Used 1+ times

Module4 Quantitative Methods
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of a discrete random variable?

A) It can take on an infinite number of values within an interval

B) It is always normally distributed

C) It can only take on specific, countable values

D) It is defined over a continuous interval

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The expected value of a random variable is:

A) The value that occurs most frequently

B) The midpoint of the range of the variable

C) A weighted average of all possible values the variable can take

D) The square root of the variance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a property of the normal distribution?

A) It is symmetric about the mean

B) The total area under the curve is 1

C) It is defined only for positive values

D) It is completely described by its mean and standard deviation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a binomial distribution, the probability of success is denoted by:

A) μ

B) p

C) σ

D) λ

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the variance of a random variable X if all values of X are equal to the same constant c?

A) 0

B) c

C) 1

D) Cannot be determined

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key assumption of a binomial distribution?

A) The number of trials is infinite

B) Each trial has a different probability of success

C) Trials are independent and have two possible outcomes

D) The outcomes follow a normal distribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a binomial distribution with parameters n and p, the mean is given by:

A) np(1−p)

B) np(1−p)\sqrt

C) n+p

D) np

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