BUAL 2600 Exam 2 Gupta Questions and Answers 2024/2025
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Course
BUAL 2600
Institution
BUAL 2600
A ________ is a measure of the chance that an uncertain event will occur.
probability
The ________ of two events X and Y is another event that consists of the
sample space outcomes belonging to either event X or event Y or both
events X and Y.
union
P(AUB) = P(A) + P(B) − P(A∩B) repre...
A(n) ________ probability is a probability assessment that is based on
experience, intuitive judgment, or expertise.
✓ subjective
Probabilities must be assigned to sample space outcomes so that the
probability assigned to each sample space outcome must be between
________, inclusive.
✓ 0 and 1
Which of the following is a valid probability value for a discrete random
variable?
✓ .2
The variable Employment Status, which can take either the value 1 for
Employed or 0 for Unemployed, is an example of a ________ random variable.
✓ √npq.
A discrete variable that can often be used to describe the number of
occurrences of an event over a specified interval of time or space is a
________ random variable.
Master01 | September, 2024/2025 | Latest update
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