Bana 2081 exam - Study guides, Class notes & Summaries

BANA 2081 Actual Test 2 Questions and Answers All Correct (1) The time required to load a truck is exponentially distributed with a mean of 30 minutes. What is the probability that a truck will be loaded in 30 minutes or less. Enter your answer as a decimal rounded to 3 decimal places. - Answer-.632 The table below is a discrete probability distribution. x 0 1 2 3 P(x) 0.27 0.35 -0.06 0.44 - Answer-False Smaller values of the standard deviation result in a normal curve that is -...

BANA 2081 Module 3 and 4 Questions with Correct Answers (1) The mean of a sample is - Answer-computed by summing all the data values and dividing the sum by the number of items. The mean of a sample - Answer-cannot be calculated for categorical data. A student's grade is based on five exams. His first four exam grades are 88, 94, 79, and 92. What is the minimum grade he can receive on his last exam in order to receive an average grade of at least 90? - Answer-97 A mean computed in ...