Question 977616: 15. The probability that a recently offered stock by a technology company will double in
value within the next three months is 90%. The conclusion regarding this probability
estimate was reached based on the opinion of the experts in the technology field to
which this stock belongs and also on the belief of the experts. Estimating probability in
this way is an example of
(a) subjective probability.
(b) classical probability.
(c) joint probability.
(d) marginal probability.
5
16. The three main counting rules useful in determining probabilities are:
(a) permutations, combinations, and sample points.
(b) k‐step experiment, decision trees, and permutations.
(c) permutations, combinations, and k‐step experiments.
(d) permutations, combinations, and experimental outcomes.
18. One of the counting rules used to determine the total number of possible outcomes for
experiments in which the order of selection does not matter or the one that ignores the
order of selection is
(a) filling the slot.
(b) k‐step experiment.
(c) permutations.
(d) combinations.
19. The number of ways of selecting k distinct objects from a group of n distinct objects
where the order of selection is important is known as
(a) number of combinations of n objects using k objects at a time
(b) number of permutations on n objects using k at a time.
(c) number of filling n slots after the first slot is filled.
(d) number of combinations of all objects in the experiment.
20. A company must select 3 employees from a department that has a total of 5 employees
to attend a workshop in quality management. The number of possible selections are
(a) 15.
(b) 60.
(c) 10.
(d) 20.
21. From a group of 5 men and 4 women, a committee is to be formed consisting of 2 men
and 2 women. The number of possible ways this committee can be formed:
(a) 4.
(b) 30.
(c) 10.
(d) 60.
22. A company is planning to expand its operations. They are currently considering 9
different locations. Two of these are in Ohio. If the locations are selected at random
from the 9 locations being considered, the probability of selecting the two sites in Ohio
is
(a) 0.056
(b) 0.028
(c) 0.045
(d) 0.036
23. From a bag containing 10 white and 5 red balls, a ball a ball is drawn at random. The
probability that the ball is red is:
(a) 1/4
(b) 1 /2
(c) 1/3
(d) 1/15
Answer by solver91311(24713)   (Show Source):
You can put this solution on YOUR website!
Apparently you didn't read the part of the instructions that tell you not to just dump your whole assignment and expect it to get done for you. Not happening; today or ever.
John
My calculator said it, I believe it, that settles it
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