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BSAD 30 Test 1 questions & answers graded A+ passed
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BSAD 30 Test 1 questions & answers graded A+ passed
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BSAD 30 Test 1The Sample Space - correct answer ✔✔list of all possible outcomes of an experiment is called
Classical Method - correct answer ✔✔A method of assigning probabilities that assumes the
experimental outcomes are equally likely is referred to as
True - correct answer ✔✔Probability values are always assigned on a scale from 0to 1
Is the sum of the probabilities of the sample points in the event - correct answer ✔✔The probability of
an event
If P(A Intersect B) = 0 - correct answer ✔✔A and B are mutually exclusive
If P(A) = .35, P(B) = .61 and P(A Intersect B) = ? - correct answer ✔✔.69
Multiplication Law - correct answer ✔✔The probability of an intersection of two events is computed
using the
All accounts fewer than 31 or more than 60 days past due - correct answer ✔✔In the set of all past due
accounts, let the event A mean the account is between 31 and 60 days past due and the event B mean
the account is that of a new customer. The complement of A is
All new customers whose accounts are between 31 and 60 days past due - correct answer ✔✔In the set
of all past due accounts, let the event A mean the account is between 31 and 60 days past due and the
event B mean the account is that of a new customer. The intersection of A and B is
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