Bana 2372 exam 2 Study guides, Class notes & Summaries

BANA 2372 Exam 2 Questions with Correct Answers Forty percent of all registered voters in a national election are female. A random sample of 5 voters is selected. Refer to Exhibit 5-9. The probability that there are no females in the sample is _____. - Answer-.0778 For a uniform probability density function, the height of the function _____. - Answer-is the same for each value of x The student body of a large university consists of 60% female students. A random sample of 8 students is...

BANA 2372 Business Analysis/Statistics - Exam 2 Practice Questions and Answers 2024

BANA 2372 Exam 2 Questions with Correct Answers Forty percent of all registered voters in a national election are female. A random sample of 5 voters is selected. Refer to Exhibit 5-9. The probability that there are no females in the sample is . - Answer-.0778 For a uniform probability density function, the height of the function . - Answer-is the same for each value of x The student body of a large university consists of 60% female students. A random sample of 8 students is selected. ...

BANA 2372 Business Analysis/Statistics - Exam 2 Practice Questions and answers | 2024/25

BANA 2372 Business Analysis/Statistics - Exam 2 Practice Questions and Answers 2022

BANA 2372 - Hollander - Final Exam - Chapters 1-9 1. ____ analytics is the set of analytical techniques that yield a course of action. Correct Ans- Prescriptive 2. _____ analytics consists of analytical techniques that use models constructed from past data to predict the future or to assess the impact of one variable on another. Correct Ans- predictive 3. _____ analytics encompasses the set of analytical techniques that describe what has happened in the past. Correct Ans- descriptive 4...

BANA 2372 Chapter 5 Exam Questions with Correct Answers Which of the following is NOT one of the three methods for finding binomial probabilities that is found in the chapter on discrete probability distributions? - Answer-using a simulation In the binomial probability formula, the variable x represents the - Answer-In the binomial probability formula, the variable x represents the number of successes. If calculations are time-consuming and if a sample size is no more than 5% of the siz...

BANA 2372 EXAM 3 QUESTIONS WITH CORRECT ANSWERS what is x̄ (x bar)? - Answer-Sample mean height what is p bar? (p with line on top) - Answer-sample proportion What is μ? - Answer-population mean Are x bar and p bar both normally distributed? - Answer-yes descriptive statistics - Answer-making calculations from samples to describe those samples inferential statistics - Answer-involves using descriptive statistics and their sampling distributions to be able to make inferences a...

1. Exhibit 5-3 The probability distribution for the number of goals the Lions soccer team makes per game is given below. Number of Goals Probability 0 .05 1 .15 2 .35 3 .30 4 .15 Refer to Exhibit 5-3. What is the probability that in a given game the Lions will score at least 1 goal? a. .55 b. 1.0 c. .95 d. .20 2. Exhibit 5-10 The probability Pete will catch fish when he goes fishing is .8. Pete is going fishing 3 days next week. Refer to Exhibit 5-10. The variance of the number o...