Math 13 Exam#3 May 22, Name:
|
|
- Allan Austen Adams
- 5 years ago
- Views:
Transcription
1 Math 13 Exam#3 May 22, 2012 SHOW ALL YOUR WORK!! Name: 1. Purchasing a home. Esther and Marcello have just purchased a home for $420, 000. They obtained financing with the following terms: a 20% down payment and the balance to be amortized over 30 years at 4%. (a) What is their down payment? (b) What is the loan amount? (c) How much is their monthly payment on the loan? (d) How much total interest (total amount paid - loan amount) do they pay over the life of the loan? (e) What is the loan balance, after they have made payments for 20 years? (f) If they pay an additional $200 each month toward the loan (starting with the first payment), when would the loan be paid off (round to the nearest month)?
2 2. Let the universal set, U = {a, b, c, d, e, f, g, h}, X = {a, c, e, h}, and Y = {a, b, d, g}. Find the set X Y. X Y = { 3. Let A and B be two events of a sample space S. If P (A) = 0.55, and P (B) = 0.25, and P (A B) = 0.65, find each of the following probabilities: (a) P (A B) (b) P (A B) (c) P (B) (d) P (A B) Page 2
3 4. In a survey of 75 business travelers, it was found that of three daily newspapers, New York Times, Wall Street Journal, and USA Today 23 read New York Times 18 read Wall Street Journal 14 read USA Today 10 read New York Times and Wall Street Journal 9 read New York Times and USA Today 8 read Wall Street Journal and USA Today 5 read all three Use a Venn Diagram to find out (a) How many of these business travelers read none of these newspapers. (b) How many of these business travelers read New York Times alone. (c) How many of these business travelers read neither New York Times nor Wall Street Journal? Page 3
4 5. Sean is making a sandwich with one type of meat, one slice of cheese, a condiment, and a slice of bread. He has turkey, roast beef and ham as meat choices, gouda, pepper jack, provolone, and cheddar cheese, and for condiments, mayo and mustard? In addition, he has rye, whole wheat, or french bread. How many different types of sandwiches could he make? 6. According to an insurance company, the probability that a man will survive one year is and the probability that he will die one year is A life insurance pays out a premium to whomever is listed as that person s beneficiary (spouse, child etc) should he/she pass away. If a man buys a $20, 000 premium one-year term life insurance policy for $210, what is the insurance company s expected gain or loss? Page 4
5 7. Suppose a family can choose between 100 names to name their newborn child. (a) In how many ways can the child be named if he/she will be given 3 (different) names? (b) In how many ways can the child be named if he/she will be given 1, 2, or 3 (different) names? 8. A recent poll of residents in a certain community revealed the following information about voting preference. Democrat Republican Independent Male Female (a) What is the probability that a resident votes Democrat? (b) What is the probability that a female resident votes Democrat? Page 5
6 9. Five cards are dealt from a standard deck of 52 cards. What the probability that (a) all cards are hearts? (b) at least one of the cards is a queen? (c) the first two cards are aces and last three are jacks? 10. EXTRA CREDIT!! A coin is tossed until, for the first time, either two heads or two tails appear in succession. What is the probability that the experiment will end before the sixth toss? Page 6
expl 1: Consider rolling two distinguishable, six-sided dice. Here is the sample space. Answer the questions that follow.
General Education Statistics Class Notes Conditional Probability (Section 5.4) What is the probability you get a sum of 5 on two dice? Now assume one die is a 4. Does that affect the probability the sum
More informationMath 235 Final Exam Practice test. Name
Math 235 Final Exam Practice test Name Use the Gauss-Jordan method to solve the system of equations. 1) x + y + z = -1 x - y + 3z = -7 4x + y + z = -7 A) (-1, -2, 2) B) (-2, 2, -1) C)(-1, 2, -2) D) No
More information(j) Find the first quartile for a standard normal distribution.
Examples for Chapter 5 Normal Probability Distributions Math 1040 1 Section 5.1 1. Heights of males at a certain university are approximately normal with a mean of 70.9 inches and a standard deviation
More informationEvent p351 An event is an outcome or a set of outcomes of a random phenomenon. That is, an event is a subset of the sample space.
Chapter 12: From randomness to probability 350 Terminology Sample space p351 The sample space of a random phenomenon is the set of all possible outcomes. Example Toss a coin. Sample space: S = {H, T} Example:
More informationFall 2015 Math 141:505 Exam 3 Form A
Fall 205 Math 4:505 Exam 3 Form A Last Name: First Name: Exam Seat #: UIN: On my honor, as an Aggie, I have neither given nor received unauthorized aid on this academic work Signature: INSTRUCTIONS Part
More information7.1: Sets. What is a set? What is the empty set? When are two sets equal? What is set builder notation? What is the universal set?
7.1: Sets What is a set? What is the empty set? When are two sets equal? What is set builder notation? What is the universal set? Example 1: Write the elements belonging to each set. a. {x x is a natural
More information300 total 50 left handed right handed = 250
Probability Rules 1. There are 300 students at a certain school. All students indicated they were either right handed or left handed but not both. Fifty of the students are left handed. How many students
More informationInstructor: A.E.Cary. Math 243 Exam 2
Name: Instructor: A.E.Cary Instructions: Show all your work in a manner consistent with that demonstrated in class. Round your answers where appropriate. Use 3 decimal places when rounding answers. In
More informationExam II Math 1342 Capters 3-5 HCCS. Name
Exam II Math 1342 Capters 3-5 HCCS Name Date Provide an appropriate response. 1) A single six-sided die is rolled. Find the probability of rolling a number less than 3. A) 0.5 B) 0.1 C) 0.25 D 0.333 1)
More informationThe Monthly Payment. ( ) ( ) n. P r M = r 12. k r. 12C, which must be rounded up to the next integer.
MATH 116 Amortization One of the most useful arithmetic formulas in mathematics is the monthly payment for an amortized loan. Here are some standard questions that apply whenever you borrow money to buy
More information(c) The probability that a randomly selected driver having a California drivers license
Statistics Test 2 Name: KEY 1 Classify each statement as an example of classical probability, empirical probability, or subjective probability (a An executive for the Krusty-O cereal factory makes an educated
More informationTest 3 Review. 2. What is the effective rate of interest for money invested at 10% annual interest compounded monthly?
Test 3 Review For questions 1 6, state the type of problem and calculate the answer. 1. Parents of a college student wish to set up an account that will pay $350 per month to the student for four years.
More informationMath 227 (Statistics) Chapter 6 Practice Test MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Math 227 (Statistics) Chapter 6 Practice Test MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Using the following uniform density curve, answer the
More informationDetermine whether the given events are disjoint. 1) Drawing a face card from a deck of cards and drawing a deuce A) Yes B) No
Assignment 8.-8.6 Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Determine whether the given events are disjoint. 1) Drawing a face card from
More informationSHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
Math 131-03 Practice Questions for Exam# 2 SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1) What is the effective rate that corresponds to a nominal
More informationChapter 9 & 10. Multiple Choice.
Chapter 9 & 10 Review Name Multiple Choice. 1. An agricultural researcher plants 25 plots with a new variety of corn. The average yield for these plots is X = 150 bushels per acre. Assume that the yield
More informationSHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
MATH 1324 Review for Test 4 November 2016 SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Prepare a probability distribution for the experiment. Let x
More informationAP Statistics Section 6.1 Day 1 Multiple Choice Practice. a) a random variable. b) a parameter. c) biased. d) a random sample. e) a statistic.
A Statistics Section 6.1 Day 1 ultiple Choice ractice Name: 1. A variable whose value is a numerical outcome of a random phenomenon is called a) a random variable. b) a parameter. c) biased. d) a random
More informationProbability Distributions. Definitions Discrete vs. Continuous Mean and Standard Deviation TI 83/84 Calculator Binomial Distribution
Probability Distributions Definitions Discrete vs. Continuous Mean and Standard Deviation TI 83/84 Calculator Binomial Distribution Definitions Random Variable: a variable that has a single numerical value
More informationCh 9 SB answers.notebook. May 06, 2014 WARM UP
WARM UP 1 9.1 TOPICS Factorial Review Counting Principle Permutations Distinguishable permutations Combinations 2 FACTORIAL REVIEW 3 Question... How many sandwiches can you make if you have 3 types of
More informationMath 14 Lecture Notes Ch Mean
4. Mean, Expected Value, and Standard Deviation Mean Recall the formula from section. for find the population mean of a data set of elements µ = x 1 + x + x +!+ x = x i i=1 We can find the mean of the
More informationMath 1313 Test 3 Supplemental Review. For questions 1 12, state the type of problem and calculate the answer.
Math 1313 Test 3 Supplemental Review For questions 1 12, state the type of problem and alulate the answer. 1. Parents of a ollege student wish to set up an aount that will pay $350 per month to the student
More informationd) What is the probability that the person is firstborn and a Human Ecology student?
1. Sample spaces. For each of the following, list the sample space and tell whether you think the outcomes are equally likely. a) Toss 2 coins; record the order of heads and tails. b) A family has 3 children;
More informationSHORT ANSWER. Write the word or phrase that best completes each statement or answers the question.
SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Shade the Venn diagram to represent the set. 1) B A 1) 2) (A B C')' 2) Determine whether the given events
More informationMath 1324 Final Review
Math 134 Final Review 1. (Functions) Determine the domain of the following functions. a) 3 f 4 5 7 b) f f c) d) f 4 1 7 1 54 1 e) f 3 1 5 f) f e g) 1 1 f e h) f ln 5 i) f ln 3 1 j) f ln 1. (1.) Suppose
More information111, section 8.2 Expected Value
111, section 8.2 Expected Value notes prepared by Tim Pilachowski Do you remember how to calculate an average? The word average, however, has connotations outside of a strict mathematical definition, so
More information1. Use order of operations and the mathematical properties of numbers to simplify these numbers =
Name: Date: Graded Assignment Unit 4 Assignment Answer each unit review question. When you are done, give your assignment to your teacher according to his or her directions. Each problem is worth point.
More informationChapter 6: Random Variables. Ch. 6-3: Binomial and Geometric Random Variables
Chapter : Random Variables Ch. -3: Binomial and Geometric Random Variables X 0 2 3 4 5 7 8 9 0 0 P(X) 3???????? 4 4 When the same chance process is repeated several times, we are often interested in whether
More informationFINAL REVIEW W/ANSWERS
FINAL REVIEW W/ANSWERS ( 03/15/08 - Sharon Coates) Concepts to review before answering the questions: A population consists of the entire group of people or objects of interest to an investigator, while
More informationName: 1332 Review for Final. 1. Use the given definitions to answer the following questions. 1,2,3,4,5,6,7,8,9,10
1 Name: 1332 Review for Final 1. Use the given definitions to answer the following questions. U E A B C 1,2,3,4,5,6,7,8,9,10 x x is even 1,2,4,7,8 1,3, 4,5,8 2,4,8 D x x is a power of 2 and 2 x 10 a. Is
More informationChapter Six Probability
Chapter Six Probability Copyright 2005 Brooks/Cole, a division of Thomson Learning, Inc. 6.1 Random Experiment a random experiment is an action or process that leads to one of several possible outcomes.
More informationTest - Sections 11-13
Test - Sections 11-13 version 1 You have just been offered a job with medical benefits. In talking with the insurance salesperson you learn that the insurer uses the following probability calculations:
More informationI. Standard Error II. Standard Error III. Standard Error 2.54
1) Original Population: Match the standard error (I, II, or III) with the correct sampling distribution (A, B, or C) and the correct sample size (1, 5, or 10) I. Standard Error 1.03 II. Standard Error
More informationMutually Exclusive Exhaustive Categories
Activity 1 1.1 Mutually Exclusive Exhaustive Categories As a small group, write a question and 4 to 6 mutually exclusive answers that encompass all possible responses. Make sure that everyone who is asked
More informationUnit 2: Probability and distributions Lecture 1: Probability and conditional probability
Unit 2: Probability and distributions Lecture 1: Probability and conditional probability Statistics 101 Thomas Leininger May 21, 2013 Announcements 1 Announcements 2 Probability Randomness Defining probability
More informationName: Show all your work! Mathematical Concepts Joysheet 1 MAT 117, Spring 2013 D. Ivanšić
Mathematical Concepts Joysheet 1 Use your calculator to compute each expression to 6 significant digits accuracy or six decimal places, whichever is more accurate. Write down the sequence of keys you entered
More information8.1 Binomial Situations
8.1 Binomial Situations "Dumb Dora" didn't study for her final exam. It was a true/false test, so she decided to flip a coin for the answers. The statistics professor watched her the entire two hours as
More informationDiscrete Probability Distributions
Discrete Probability Distributions Answers 1. Suppose a statistician working for CSULA Federal Credit Union collected data on ATM withdrawals for the population of the credit union s customers. The statistician
More informationSECTION 4.4: Expected Value
15 SECTION 4.4: Expected Value This section tells you why most all gambling is a bad idea. And also why carnival or amusement park games are a bad idea. Random Variables Definition: Random Variable A random
More informationProbability and Sample space
Probability and Sample space We call a phenomenon random if individual outcomes are uncertain but there is a regular distribution of outcomes in a large number of repetitions. The probability of any outcome
More informationThe Mathematics of Normality
MATH 110 Week 9 Chapter 17 Worksheet The Mathematics of Normality NAME Normal (bell-shaped) distributions play an important role in the world of statistics. One reason the normal distribution is important
More informationHomework #6 Uses of Macro Policy Due April 20
Page 1 of 8 Homework #6 Uses of Macro Policy Due April 20 Answer all questions on these sheets, adding extra sheets where necessary. 1. Suppose that the government were to increase its purchases of goods
More informationNYC College of Technology Mathematics Department
NYC College of Technology Mathematics Department Revised Fall 2017: Prof. Benakli Revised Spring 2015: Prof. Niezgoda MAT1190 Final Exam Review 1. In 2014 the population of the town was 21,385. In 2015,
More informationWELCOME TO RITEWAY PROVISIONING. Dining Made Easy!
WELCOME TO RITEWAY PROVISIONING Dining Made Easy! We at RITEWAY FOOD MARKETS believe that you deserve the best; therefore we have taken an extra step to provide custom provisioning and beverages exclusively
More informationFEDERAL EMPLOYEE MARKET GUIDE
FEDERAL EMPLOYEE MARKET GUIDE A presentation and market guide for producers brought to you by: Government Personnel Mutual Life Insurance Company 54.61 (0216) Your Government Benefits are worth hundreds
More informationYOUR GUIDE TO EASY PROVISIONING
YOUR GUIDE TO EASY PROVISIONING We believe that you deserve the best vacation; therefore we are happy to provide custom provisioning and beverages exclusively for you. This has been done to save precious
More informationAssignment 2 (Solution) Probability and Statistics
Assignment 2 (Solution) Probability and Statistics Dr. Jitesh J. Thakkar Department of Industrial and Systems Engineering Indian Institute of Technology Kharagpur Instruction Total No. of Questions: 15.
More information5.4 Normal Approximation of the Binomial Distribution
5.4 Normal Approximation of the Binomial Distribution Bernoulli Trials have 3 properties: 1. Only two outcomes - PASS or FAIL 2. n identical trials Review from yesterday. 3. Trials are independent - probability
More informationWorkSHEET 13.3 Probability III Name:
WorkSHEET 3.3 Probability III Name: In the Lotto draw there are numbered balls. Find the probability that the first number drawn is: (a) a (b) a (d) even odd (e) greater than 40. Using: (a) P() = (b) P()
More informationMATH 112 Section 7.3: Understanding Chance
MATH 112 Section 7.3: Understanding Chance Prof. Jonathan Duncan Walla Walla University Autumn Quarter, 2007 Outline 1 Introduction to Probability 2 Theoretical vs. Experimental Probability 3 Advanced
More informationMr. Orchard s Math 141 WIR Final Exam Review Week 14
1. A construction company has allocated $1.92 million to buy new bulldozers, backhoes, and dumptrucks. Bulldozers cost $16,000 each, backhoes cost $24,000 each, and dumptruckcs cost $32,000 each. The company
More informationMATH 1300: Finite Mathematics EXAM 1 21 September 2017
MATH 1300: Finite Mathematics EXAM 1 21 September 2017 NAME:...Grading Version B... Question Answer 1 $37,033.15 2 $10,338.10 3 $4409.12 4 $111.98 5 $2224.24 6 $302.50 7 $5626.65 8 x = 1, y = 1 9 No solution
More informationPROBABILITY and BAYES THEOREM
PROBABILITY and BAYES THEOREM From: http://ocw.metu.edu.tr/pluginfile.php/2277/mod_resource/content/0/ ocw_iam530/2.conditional%20probability%20and%20bayes%20theorem.pdf CONTINGENCY (CROSS- TABULATION)
More informationMath 361. Day 8 Binomial Random Variables pages 27 and 28 Inv Do you have ESP? Inv. 1.3 Tim or Bob?
Math 361 Day 8 Binomial Random Variables pages 27 and 28 Inv. 1.2 - Do you have ESP? Inv. 1.3 Tim or Bob? Inv. 1.1: Friend or Foe Review Is a particular study result consistent with the null model? Learning
More informationStat 211 Week Five. The Binomial Distribution
Stat 211 Week Five The Binomial Distribution Last Week E x E x = x p(x) = n p σ x = x μ x 2 p(x) We will see this again soon!! Binomial Experiment We have an experiment with the following qualities : 1.
More informationExamples: On a menu, there are 5 appetizers, 10 entrees, 6 desserts, and 4 beverages. How many possible dinners are there?
Notes Probability AP Statistics Probability: A branch of mathematics that describes the pattern of chance outcomes. Probability outcomes are the basis for inference. Randomness: (not haphazardous) A kind
More informationMath 1324 Finite Mathematics Chapter 4 Finance
Math 1324 Finite Mathematics Chapter 4 Finance Simple Interest: Situation where interest is calculated on the original principal only. A = P(1 + rt) where A is I = Prt Ex: A bank pays simple interest at
More informationProbability and Statistics. Copyright Cengage Learning. All rights reserved.
Probability and Statistics Copyright Cengage Learning. All rights reserved. 14.3 Binomial Probability Copyright Cengage Learning. All rights reserved. Objectives Binomial Probability The Binomial Distribution
More informationTRUE-FALSE: Determine whether each of the following statements is true or false.
Chapter 6 Test Review Name TRUE-FALSE: Determine whether each of the following statements is true or false. 1) A random variable is continuous when the set of possible values includes an entire interval
More informationMULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Midterm Review Name 1) As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students
More information2.) What is the set of outcomes that describes the event that at least one of the items selected is defective? {AD, DA, DD}
Math 361 Practice Exam 2 (Use this information for questions 1 3) At the end of a production run manufacturing rubber gaskets, items are sampled at random and inspected to determine if the item is Acceptable
More informationMath Take Home Quiz on Chapter 2
Math 116 - Take Home Quiz on Chapter 2 Show the calculations that lead to the answer. Due date: Tuesday June 6th Name Time your class meets Provide an appropriate response. 1) A newspaper surveyed its
More informationVII The Normal Distribution
MATHEMATICS 360-255-LW Quantitative Methods II Martin Huard Winter 2013 1. Find the area under the normal curve a) between z = 0 and z = 1.90 b) between z = -1.75 and z = 0 c) between z = 1.25 and z =
More informationAP Statistics Ch 8 The Binomial and Geometric Distributions
Ch 8.1 The Binomial Distributions The Binomial Setting A situation where these four conditions are satisfied is called a binomial setting. 1. Each observation falls into one of just two categories, which
More informationThe following content is provided under a Creative Commons license. Your support
MITOCW Recitation 6 The following content is provided under a Creative Commons license. Your support will help MIT OpenCourseWare continue to offer high quality educational resources for free. To make
More informationThe Local Government Pension Scheme (Scotland) Trivial Commutation. Lump Sums paid on or after 18 January 2012
The Local Government Pension Scheme (Scotland) Trivial Commutation Lump Sums paid on or after 18 January 2012 Date: 18 January 2012 Author: Ken Kneller Table of Contents 1 Introduction... 2 2 Commutation
More informationChapter Chapter 6. Modeling Random Events: The Normal and Binomial Models
Chapter 6 107 Chapter 6 Modeling Random Events: The Normal and Binomial Models Chapter 6 108 Chapter 6 109 Table Number: Group Name: Group Members: Discrete Probability Distribution: Ichiro s Hit Parade
More informationMATH1215: Mathematical Thinking Sec. 08 Spring Worksheet 9: Solution. x P(x)
N. Name: MATH: Mathematical Thinking Sec. 08 Spring 0 Worksheet 9: Solution Problem Compute the expected value of this probability distribution: x 3 8 0 3 P(x) 0. 0.0 0.3 0. Clearly, a value is missing
More informationMath 1070 Final Exam Practice Spring 2014
University of Connecticut Department of Mathematics Math 1070 Practice Spring 2014 Name: Instructor Name: Section: Read This First! This is a closed notes, closed book exam. You can not receive aid on
More informationThe Local Government Pension Scheme (England & Wales) Trivial Commutation. Lump Sums paid on or after 30 November 2011
The Local Government Pension Scheme (England & Wales) Trivial Commutation Lump Sums paid on or after 30 November 2011 Date: 21 November 2012 Author: Ian Boonin Table of Contents 1 Introduction... 2 2 Commutation
More informationNote: The following exam was created for use with Hird, Working with Economics: A Canadian Framework, Sixth Edition.
Macroeconomics Final Examination Note: The following exam was created for use with Hird, Working with Economics: A Canadian Framework, Sixth Edition. Part A: Multiple Choice Each Question is worth 1 mark
More informationSection 8.4 The Binomial Distribution
Section 8.4 The Binomial Distribution Binomial Experiment A binomial experiment has the following properties: 1. The number of trials in the experiment is fixed. 2. There are two outcomes of each trial:
More informationDESIGNATION OF BENEFICIARY
DESIGNATION OF BENEFICIARY Questions? Call 1-800-ASK-IMRF (1-800-275-4673). Who can complete this form We can accept the signature of the member only on this form. If someone other than the member signs
More informationPractice Final Exam, Math 1031
Practice Final Exam, Math 1031 1 2 3 4 5 6 Last Name: First Name: ID: Section: Math 1031 December, 2004 There are 22 multiple machine graded questions and 6 write-out problems. NO GRAPHIC CALCULATORS are
More informationMATH 446/546 Homework 1:
MATH 446/546 Homework 1: Due September 28th, 216 Please answer the following questions. Students should type there work. 1. At time t, a company has I units of inventory in stock. Customers demand the
More informationPROBABILITY AND THE BINOMIAL DISTRIBUTION
PROBABILITY AND THE BINOMIAL DISTRIBUTION Chapter 3 Objectives In this chapter we will study the basic ideas of probability, including the limiting frequency definition of probability. rules for finding
More informationMATH FOR LIBERAL ARTS REVIEW 2
MATH FOR LIBERAL ARTS REVIEW 2 Use the theoretical probability formula to solve the problem. Express the probability as a fraction reduced to lowest terms. 1) A die is rolled. The set of equally likely
More informationVested* Change of Beneficiary
Vested* Change of Beneficiary (TMRS-007V) PURPOSE This form allows you, as a vested* member, to make or change your beneficiary designation. If you are vested and die prior to retirement, your designated
More informationMANAGEMENT PRINCIPLES AND STATISTICS (252 BE)
MANAGEMENT PRINCIPLES AND STATISTICS (252 BE) Normal and Binomial Distribution Applied to Construction Management Sampling and Confidence Intervals Sr Tan Liat Choon Email: tanliatchoon@gmail.com Mobile:
More informationName: Homework Assignment Six Due Friday, Feb. 27 th
Name: Homework Assignment Six Due Friday, Feb. 27 th Suggest Reading: Chapter 5 Section 1 3, Chapter 6 Section 1- Section 2 1. List the probability model for the below situations. (Remember to list the
More informationMr. Orchard s Math 140 WIR Final Exam Review Week 14
1. A construction company has allocated $1.92 million to buy new bulldozers, backhoes, and dumptrucks. Bulldozers cost $16,000 each, backhoes cost $24,000 each, and dumptrucks cost $32,000 each. The company
More informationMutually Exclusive Events & Non-Mutually Exclusive Events. When two events A and B are mutually exclusive, the probability that A or B will occur is
EVENTS & PROBABILITIES RULES PROBABILITY RULES Mutually Exclusive Events & Non-Mutually Exclusive Events Two events are mutually exclusive if they cannot occur at the same time (they have no outcomes in
More informationST. DAVID S MARIST INANDA
ST. DAVID S MARIST INANDA MATHEMATICS NOVEMBER EXAMINATION GRADE 11 PAPER 1 8 th NOVEMBER 2016 EXAMINER: MRS S RICHARD MARKS: 125 MODERATOR: MRS C KENNEDY TIME: 2 1 Hours 2 NAME: PLEASE PUT A CROSS NEXT
More informationMarket Linked Pensions
Market Linked Pensions 6 October 2016 Market linked pensions are a type of complying income stream available for retirees in a Self-managed superannuation fund (SMSF). The terms of a market linked pension
More informationSHEET METAL WORKERS NATIONAL PENSION FUND 8403 ARLINGTON BLVD., SUITE 300 FAIRFAX, VA 22031
SHEET METAL WORKERS NATIONAL PENSION FUND 8403 ARLINGTON BLVD., SUITE 300 FAIRFAX, VA 22031 INFO@SMWNBF.ORG Notice of Benefit Changes for Persons working in Covered Employment with Air System Components
More informationFERS & CSRS Benefits Presentation Book
FERS & CSRS Benefits Presentation Book (Primary sources for Federal Benefits descriptions are the 2006 Federal Employees Almanac and OPM/TSP websites.) GOVERNMENT PERSONNEL MUTUAL LIFE INSURANCE COMPANY
More informationAF1 IHT Part 6 IHT Reliefs
A relief reduces the amount of IHT payable. AF1 IHT Part 6 IHT Reliefs The milestones are to understand the workings of: Quick Succession relief. Business Property relief Agricultural Property relief Quick
More informationSolve the matrix equation for X. 1) A = 6 0, B = , AX = B A) D) -2 2 B) -12 0
MATH 1324 FINAL EXAM. ANSWER ALL QUESTIONS. TIME 1.5HRS. MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the matrix equation for X. 1) A = 3-2
More informationBinomial Random Variable - The count X of successes in a binomial setting
6.3.1 Binomial Settings and Binomial Random Variables What do the following scenarios have in common? Toss a coin 5 times. Count the number of heads. Spin a roulette wheel 8 times. Record how many times
More informationChapter 14. From Randomness to Probability. Copyright 2010 Pearson Education, Inc.
Chapter 14 From Randomness to Probability Copyright 2010 Pearson Education, Inc. Dealing with Random Phenomena A random phenomenon is a situation in which we know what outcomes could happen, but we don
More information5.4 Normal Approximation of the Binomial Distribution Lesson MDM4U Jensen
5.4 Normal Approximation of the Binomial Distribution Lesson MDM4U Jensen Review From Yesterday Bernoulli Trials have 3 properties: 1. 2. 3. Binomial Probability Distribution In a binomial experiment with
More information***SECTION 8.1*** The Binomial Distributions
***SECTION 8.1*** The Binomial Distributions CHAPTER 8 ~ The Binomial and Geometric Distributions In practice, we frequently encounter random phenomenon where there are two outcomes of interest. For example,
More informationChapter 15: Graphs, Charts, and Numbers Math 107
Chapter 15: Graphs, Charts, and Numbers Math 107 Data Set & Data Point: Discrete v. Continuous: Frequency Table: Ex 1) Exam Scores Pictogram: Misleading Graphs: In reality, the data looks like this 45%
More informationList of Online Quizzes: Quiz7: Basic Probability Quiz 8: Expectation and sigma. Quiz 9: Binomial Introduction Quiz 10: Binomial Probability
List of Online Homework: Homework 6: Random Variables and Discrete Variables Homework7: Expected Value and Standard Dev of a Variable Homework8: The Binomial Distribution List of Online Quizzes: Quiz7:
More informationSTT315 Chapter 4 Random Variables & Probability Distributions AM KM
Before starting new chapter: brief Review from Algebra Combinations In how many ways can we select x objects out of n objects? In how many ways you can select 5 numbers out of 45 numbers ballot to win
More informationExperimental Probability - probability measured by performing an experiment for a number of n trials and recording the number of outcomes
MDM 4U Probability Review Properties of Probability Experimental Probability - probability measured by performing an experiment for a number of n trials and recording the number of outcomes Theoretical
More informationMATH THAT MAKES ENTS
On December 31, 2012, Curtis and Bill each had $1000 to start saving for retirement. The two men had different ideas about the best way to save, though. Curtis, who doesn t trust banks, put his money in
More informationChapter 6: Probability
Chapter 6: Probability Name 1. A small ferryboat transports vehicles from one island to another. Consider the chance experiment where the type of vehicle -- passenger (P) or recreational (R) vehicle --
More informationPractice Exam #1 September 14, 2012
Lenarz Math 102 Practice Exam #1 September 14, 2012 Name: Directions: This practice exam is longer than the in-class exam. It is meant to give you an idea of the type and difficulty level of questions
More informationTRAINING & LUNCHEON with David Nash, CPPO, CPPB
Page 1 of 5 Tampa Bay Area Chapter of NIGP TBAC Luncheon & Educational Meeting Friday, March 4th, 2016 from 10:45AM-2:30PM at The Rusty Pelican Tampa, FL (Directions Page 5) TRAINING & LUNCHEON with David
More information