What is the expected number of admissions for the fall semester?
Discuss a paralegal’s ethical obligation to conduct competent electronic research.
August 7, 2017Apply a six-step to problem solving process to a specific problem scenario.
August 7, 2017
| b. |
What is the probability exactly one of the three audited had a charitable deduction of more than $1,000? (Round your answer to 4 decimal places.) |
| Probability |
| c. |
What is the probability at least one of the audited returns had a charitable contribution of more than $1,000? (Round your answer to 4 decimal places.) |
| Probability |
Worksheet
Difficulty: 1 Basic
Learning Objective: 06-05 Explain the assumptions of the hypergeometric distribution and apply it to calculate probabilities.
3.
Award:
10.00 points
|
According to the “January theory,” if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According to an article in The Wall Street Journal, this theory held for 29 out of the last 34 years. Suppose there is no truth to this theory; that is, the probability it is either up or down is 0.5. |
|
What is the probability this could occur by chance? (Round your answer to 6 decimal places.) |
| Probability |
Worksheet
Difficulty: 3 Challenge
Learning Objective: 06-04 Explain the assumptions of the binomial distribution and apply it to calculate probabilities.
4.
Award:
10.00 points
|
Customers experiencing technical difficulty with their internet cable hookup may call an 800 number for technical support. It takes the technician between 150 seconds and 13 minutes to resolve the problem. The distribution of this support time follows the uniform distribution. |
| a. |
What are the values for a and b in minutes? (Do not round your intermediate calculations. Round your answers to 1 decimal place.) |
| a | |
| b | |
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| b-1. |
What is the mean time to resolve the problem? (Do not round your intermediate calculations. Round your answer to 2 decimal places.) |
| Mean |
| b-2. |
What is the standard deviation of the time? (Do not round your intermediate calculations. Round your answer to 2 decimal places.) |
| Standard deviation |
| c. |
What percent of the problems take more than 5 minutes to resolve? (Do not round your intermediate calculations. Round your answer to 2 decimal places.) |
| Percent | % |
| d. |
Suppose we wish to find the middle 50% of the problem-solving times. What are the end points of these two times? (Do not round your intermediate calculations. Round your answers to 3 decimal places.) |
| End point 1 | |
| End point 2 | |
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rev: 03_07_2016_QC_CS-44272
Worksheet
Difficulty: 1 Basic
Learning Objective: 07-01 Describe the uniform probability distribution and use it to calculate probabilities.
5.
Award:
10.00 points
| A normal population has a mean of 21 and a standard deviation of 5. |
| a. | Compute the z value associated with 24. (Round your answer to 2 decimal places.) |
| Z |
| b. |
What proportion of the population is between 21 and 24? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.) |
| Proportion |
| c. |
What proportion of the population is less than 18? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.) |
| Proportion |
rev: 10_31_2014_QC_57584, 10_26_2015_QC_CS-30764
Worksheet
Difficulty: 2 Intermediate
Learning Objective: 07-03 Describe the standard normal probability distribution and use it to calculate probabilities.
