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MBA 624 Chapter 6 Quiz Questions and Answers 100% Correct/ (MBA 624 Chpt6HW) R250,75   Add to cart

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MBA 624 Chapter 6 Quiz Questions and Answers 100% Correct/ (MBA 624 Chpt6HW)

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MBA 624 Chapter 6 Quiz Questions and Answers 100% Correct/ (MBA 624 Chpt6HW) Question 1 A discrete random variable that follows the Poisson distribution with a mean equal to λ has a counterpart continuous random variable that follows the distribution with a mean equal to μ = 1/λ. unifo...

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  • September 15, 2024
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MBA 624 Chapter 6 Quiz Questions and Answers
100% Correct/ (MBA 624 Chpt6HW)
Question 1


A discrete random variable that follows the Poisson distribution with a mean equal to λ has a
counterpart continuous random variable that follows the distribution with a mean equal to μ =
1/λ.

uniform


discrete


exponential


normal

Question 2


A smaller standard deviation for the normal probability distribution results in

a skinnier curve that is more spread out around the mean and not as


tall. a skinnier curve that is tighter and taller around the mean.


a fatter curve that is more spread out around the mean and not as


tall. a fatter curve that is tighter and taller around the mean.

Question 3


A survey conducted in 2011 asked employed adults from age 25 to 70 if they plan to keep a foot in the
working world after retirement. Thirty-three percent of the respondents answered "very likely". A
random sample of 75 adults from this age group was asked the same question. Using the normal
approximation to the binomial distribution, what is the probability that more than 18 adults from this
sample would very likely plan to keep a foot in the working world after retirement?

0.8413


0.9370

, 0.5557


0.6772



Question 4


A survey conducted in 2011 asked employed adults from age 25 to 70 if they plan to keep a foot in the
working world after retirement. Thirty-three percent of the respondents answered "very likely". A
random sample of 75 adults from this age group was asked the same question. Using the normal
approximation to the binomial distribution, what is the probability that 20, 21, 22, or 23 adults from this
sample would very likely plan to keep a foot in the working world after retirement?

0.2808


0.3794


0.6539


0.4560

Question 5


A survey conducted last year asked employed adults from age 25 to 70 if they plan to keep a foot in the
working world after retirement. Thirty-three percent of the respondents answered "very likely". A
random sample of 75 adults from this age group was asked the same question. Using the normal
approximation to the binomial distribution, what is the probability that 21 or fewer adults from this
sample would very likely plan to keep a foot in the working world after retirement?

0.3192


0.1075


0.4721


0.2119

Question 6

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