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There is a lower limit but no upper limit for a random variable that follows the _____ probability distribution.


A) uniform
B) normal
C) exponential
D) binomial

E) B) and C)
F) B) and D)

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Excel's NORM.S.INV function can be used to compute _____.


A) cumulative probabilities for a standard normal z value
B) the standard normal z value given a cumulative probability
C) cumulative probabilities for a normally distributed x value
D) the normally distributed x value given a cumulative probability

E) A) and B)
F) A) and C)

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The average starting salary of this year's MBA students is $35,000 with a standard deviation of $5,000. Furthermore, it is known that the starting salaries are normally distributed. What are the minimum and maximum starting salaries of the middle 95% of MBA graduates?

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minimum = ...

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The mean of a standard normal probability distribution _____.


A) is always equal to 1
B) can be any value as long as it is positive
C) can be any value
D) None of the answers is correct.

E) A) and C)
F) B) and C)

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Assume z is a standard normal random variable. Then P(-1.96 ≤ z ≤ -1.4) equals _____.


A) .8942
B) .0558
C) .475
D) .4192

E) B) and C)
F) A) and D)

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The assembly time for a product is uniformly distributed between 6 and 10 minutes. The probability density function has what value in the interval between 6 and 10?


A) .25
B) 4.00
C) 5.00
D) 0

E) C) and D)
F) All of the above

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Assume z is a standard normal random variable. Then P(-1.5 ≤ z ≤ 1.09) equals _____.


A) .4322
B) .3621
C) .7953
D) .0711

E) A) and C)
F) A) and B)

Correct Answer

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For a uniform probability density function, the height of the function _____.


A) cannot be larger than1
B) is the same for each value of x
C) is different for various values of x
D) decreases as x increases

E) B) and C)
F) A) and B)

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A uniform probability distribution is a continuous probability distribution where the probability that the random variable assumes a value in any interval of equal length is _____.


A) different for each interval
B) the same for each interval
C) either different or the same depending on the magnitude of the standard deviation
D) None of the answers is correct.

E) C) and D)
F) B) and D)

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In a standard normal distribution, the range of values of z is from _____.


A) minus infinity to infinity
B) -1 to 1
C) 0 to 1
D) -3.09 to 3.09

E) A) and B)
F) A) and C)

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The ages of students at a university are normally distributed with a mean of 21. What percentage of the student body is at least 21 years old?


A) It could be any value, depending on the magnitude of the standard deviation.
B) 50%
C) 21%
D) 1.96%

E) None of the above
F) A) and C)

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Assume z is a standard normal random variable. Then P(-1.20 ≤ z ≤ 1.50) equals _____.


A) .0483
B) .3849
C) .4332
D) .8181

E) All of the above
F) B) and C)

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Assume z is a standard normal random variable. Then P(1.20 ≤ z ≤ 1.85) equals _____.


A) .4678
B) .3849
C) .8527
D) .0829

E) A) and B)
F) None of the above

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The assembly time for a product is uniformly distributed between 6 and 10 minutes. The standard deviation of assembly time (in minutes) is approximately _____.


A) .33
B) .13
C) 16
D) None of the answers is correct.

E) A) and B)
F) B) and C)

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The mean, median, and mode have the same value for which of the following probability distributions?


A) uniform
B) normal
C) exponential
D) Poisson

E) B) and D)
F) C) and D)

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Excel's EXPON.DIST function has how many inputs?


A) 2
B) 3
C) 4
D) 5

E) All of the above
F) A) and B)

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For the standard normal probability distribution, the area to the left of the mean is _____.


A) -.5
B) 0.5
C) any value between 0 and 1
D) 1

E) B) and D)
F) A) and D)

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For a standard normal distribution, the probability of obtaining a z value between -1.9 and 1.7 is _____.


A) .9267
B) .4267
C) 1.4267
D) .5000

E) A) and D)
F) All of the above

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Assume z is a standard normal random variable. Then P(z ≥ 2.11) equals _____.


A) .4821
B) .9821
C) .5
D) .0174

E) B) and C)
F) None of the above

Correct Answer

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The assembly time for a product is uniformly distributed between 6 and 10 minutes. The expected assembly time (in minutes) is _____.


A) 16
B) 2
C) 8
D) 4

E) A) and B)
F) None of the above

Correct Answer

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