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Probability, Counting Principles, Auto Insurance Reveiw

Total questions: 40

Worksheet time: 2hrs 41mins

Name
Class
Date
1.
The out-of-pocket money paid by a policyholder before an insurance company will cover the remaining costs caused by a loss.
a)
premium
b)
copay
c)
deductible
d)
co-insurance
2.

What kind of coverage pays for damages to your car if you are at fault?

a)

Collision

b)

Comprehensive

c)

Under-insured Motorist

d)

Uninsured Motorist

3.

What kind of insurance pays for physical damages to your car from acts of nature such as fire?

a)

Property Damage

b)

Medical Payments

c)

Collision

d)

Comprehensive

4.

Which of the following is a way to lower your insurance premium?

a)

have a good driving record

b)

be involved in sports

c)

have a parent with you at all times

d)

buy a sports car

5.

Who needs auto insurance?

a)

Nobody

b)

People that think they will get into an accident.

c)

All people who drive cars.

d)

People who can afford it.

6.

Why should you never drive without auto insurance?

a)

It increases fuel efficiency

b)

Cars cannot operate without insurance

c)

It's required for parking in public areas

d)

It's illegal in most states

7.

Charlie's current insurance plan has a premium of $152.72 per month. He found a new insurance plan for the price of $1868.40 per year. Which plan is cheaper?

a)

Old Plan

b)

New Plan

8.

If your policy covers $100,000 of Bodily Damage and you cause $234,000 of Bodily Damage what happens?

a)

The insurance company will cover all of it

b)

You pay $134,000 out of pocket

c)

The company will pay you $134,000 after you pay out of pocket.

d)

The insurance company will cover none of it.

9.

Car B is not insured, what is one way Car A can have the damages paid for.

a)

If car A has liability coverage

b)

If car A has Under-insured Motorist coverage

c)

If car A has Uninsured Motorists coverage

d)

If car A has Comprehensive coverage

10.

A higher deductible results in

a)

a lower premium

b)

a higher premium

c)

a lower claim

d)

a higher claim

11.

A regular 6-sided die is to be rolled one time. What is the probability that the number 5 is rolled?

a)

1/5

b)

5/6

c)

1/6

d)

6/5

12.
Probability can be written as ...
a)
a fraction
b)
a decimal
c)
a percent
d)
all of the above
13.

What is the probability of the spin stopping on yellow?

a)

1/4

b)

.25

c)

50%

d)

75%

14.

A box has 3 limes, 5 grapes, and 2 oranges.


P (NOT lime)

a)

3/10

b)

30%

c)

7/10

d)

Answer Not Here

15.
How do you write 0.02 as a percent?
a)
20%
b)
200%
c)
2%
d)
.02%
16.

An event with a probability of equally likely as unlikely would be...

a)

0

b)

1/2

c)

2/3

d)

1

17.
Picking a President, Vice-President, and Secretary from a group of 12.
a)
Permutation
b)
Combination
c)
Neither
18.
Picking a team of three people out of a group of 10.
a)
Permutation
b)
Combination
c)
Neither
19.
What does 10Pmean?
a)
Permutations with 5 choices and 10 positions
b)
Permutations with 10 choices and 5 positions
c)
Permutations with 5 numbers and 10 operations
d)
Permutations with 5 hot dogs and 10 drinks
20.
I want to arrange 5 people in a row out of a class of 10 people. Number of ways = 
a)
10P5
b)
10C5
c)
10!/(5!)
d)
10!-5!
21.
How many outfits are possible with 5 pairs of jeans, 8 t-shirts, and 2 pairs of shoes?
a)
15
b)
40
c)
80
d)
10
22.
If you roll a die then flip a coin, how many possible outcomes?
a)
2
b)
6
c)
12
d)
64
23.
Which of the following situations is represented by this tree diagram?
a)
3 shirt options, 6 pants options, and 12 shoe options
b)
3 shirt options, 2 pants options, and 2 shoe options
c)
2 shirt options, 3 pants options, and 1 shoe option
24.
The tree diagram shows the outcomes of rolling a die and flipping a coin.  
How many total outcomes are there?  
a)
6
b)
12
c)
24
d)
36
25.
Eva has eight glasses of water.  In how many different orders can the glasses of water be arranged?
a)
8
b)
64
c)
8!
d)
56
26.
Choosing 3 toppings for your sundae out of a list of 15.
a)
Permutation
b)
Combination
c)
Neither
27.

The letters A, B, C, and D are used to form four-letter passwords for entering a computer file. How many passwords are possible if letters can be repeated?

a)

4 x 4 x 4 x 4 = 256

b)

4 x 3 x 2 x 1 = 24

c)

4 + 4 + 4 + 4 = 16

d)

4 + 3 + 2 + 1 = 10

28.

A restaurant serves 5 main dishes, 3 salads, and 4 desserts. How many different meals could be ordered if each has a main dish, a salad, and a dessert?

a)

5 x 3 x 4 = 60

b)

5 + 3 + 4 = 12

29.

The fundamental counting principle

a)

Tells you the probability of an event.

b)

Tells you how many different possible outcomes there are.

c)

Helps you convert a fraction into a percent.

d)

Shows you the outcomes that don't appear in a tree diagram.

30.

If I use the fundamental counting principle, how many different outcomes are there if I flip 4 different 2-sided coins?

a)

8, because 4 x 2 = 8

b)

6, because 4 + 2 = 6

c)

16, because 2 x 2 x 2 x 2 = 16

d)

256, because 4 x 4 x 4 x 4 = 256

31.
The cafeteria has 2 choices of salads, 3 choices of entrees, and 2 choices of beverages. How many meal combinations are available and why?
a)
7 because 2 + 3 + 2
b)
12 because 2 x 3 x 2
32.

Marissa brought 8 T-shirts and 6 pairs of shorts to summer camp. How many different outfits consisting of a T-shirt and a pair of shorts does she have?

a)

8 x 6 = 48

b)

8 + 6 = 14

33.

Use the fundamental counting principle to find the total number of possible outcomes for lunch if you can choose from 4 types of sides, 6 types of main entree, and 12 types of drinks.

a)

3, because you are choosing 1 side, 1 entree, and 1 drink.

b)

22, because 4 + 6 + 12 = 22

c)

66, because (4 + 6 + 12) x 3 = 66

d)

288, because 4 x 6 x 12 = 288

34.
When does the order in which you are choose matter?
a)
Combination
b)
Permutation
35.
Permutation, combination, or neither?
There are 45 applicants for three Computer Programmer job positions.
a)
combination
b)
permutation
c)
neither
36.
If you draw a random card from a standard deck of cards, how many possible outcomes?
a)
13
b)
26
c)
52
d)
54
37.

Paying a larger deductible will ___ your premium.

a)

Increase

b)

Decrease

c)

Have no effect on

38.

Identify all of the items below that can reduce the cost of your auto insurance.

a)

Good grades

b)

Driving an older car

c)

Staying on your parents' policy

d)

Safe driving

39.

True or False: You should ALWAYS keep a copy of your insurance card in your car.

a)

True

b)

False

c)

What's an insurance card?

40.

Liability insurance is required by law, and protects you from losses you cause others

a)

True

b)

False