WorksheetsFINAMAT START
Total questions: 20
Worksheet time: 9mins
Experiment
Outcome
Sample
Event
it is a measureable characteristic of a sample.
Statistic
Population
Parameter
Sampling
The fundamental problem of game theory states that how should each player decide his move in order to
minimize his gain
maximize his gain
maximize his loss
none of the choices
zero
1
-1
0.5
If a group of students, including Noah, Avery, and Priya, are working on a project and the linear system of equations they are solving is dependent, it has _________.
one solution
no solution
infinite solution
finite solution
In a statistics class, approximately 68% of students score within ____ standard deviation(s) of the class average.
zero
one
two
three
In a real-world scenario, what is the price where the security can be bought or sold?
Stock Price
Put Price
Call Price
Strike Price
In a statistics class, approximately what percentage of students fall within ____ standard deviation(s) of the mean on a normal distribution?
zero
one
two
three
The probability of winning a raffle with only one ticket is ____.
0
1
0.5
-1
Which of the following is a measure of central tendency?
Standard Deviation
Mean
Variance
Range
What is the term for a statistical measure that describes the center of a data set?
Mean
Range
Median
Mode
In a probability experiment, if the events are mutually exclusive, the probability of both events occurring is ____.
0
depends on the events
1
0.5
Which of the following distributions is characterized by a bell-shaped curve?
Binomial Distribution
Normal Distribution
Uniform Distribution
Poisson Distribution
In a game theory scenario, what is the term for a strategy that is optimal for a player regardless of the opponent's strategy?
Mixed Strategy
Pure Strategy
Dominant Strategy
Suboptimal Strategy
In how many ways can you arrange 5 different cartoon books on a shelf?
5
25
120
3125
Which of the following is a type of sampling method where every member of the population has an equal chance of being selected?
Cluster Sampling
Stratified Sampling
Systematic Sampling
Random Sampling
Grace wants to pick a card from a deck of 52 cards, well-shuffled. What is the probability that she will pick an ace?
(a)
