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Section Quiz 4 Example Problems

Below are example problems for Quiz 4.
  • Objective 4a Example Problem:

    Example 1.3. Objective 4a Example Problem.

    Your class conducted a survey last week on whether students prefer digital or paper textbooks. Out of 120 responses, 72 preferred digital.
    You are designing a promotional campaign for a new digital textbook. You plan to randomly sample 10 students from the same population.
    1. Assuming it is appropriate to model the number of students who prefer digital textbooks using a binomial distribution, what formula would you use to find the probability that less than 8 of the 10 sampled students prefer digital?
      Options:
      • 1-BINOM.DIST(7,10,72/120,0)
      • 1-BINOM.DIST(8,10,72/120,1)
      • 1-BINOM.DIST(7,10,72/120,1)
      • BINOM.DIST(7,10,72/120,1)
      • BINOM.DIST(8,10,72/120,1)
      • BINOM.DIST(8,10,72/120,0)
      • 1-BINOM.DIST(8,10,72/120,0)
      • 1-NORM.DIST(8,10,72/120,1)
      • NORM.DIST(8,10,72/120,1)
    2. Assuming it is appropriate to model the number of students who prefer digital textbooks using a binomial distribution, what formula would you use to find the probability that at least 8 of the 10 sampled students prefer digital?
      Options:
      • 1-BINOM.DIST(7,10,72/120,0)
      • 1-BINOM.DIST(8,10,72/120,1)
      • 1-BINOM.DIST(7,10,72/120,1)
      • BINOM.DIST(7,10,72/120,1)
      • BINOM.DIST(8,10,72/120,1)
      • BINOM.DIST(8,10,72/120,0)
      • 1-BINOM.DIST(8,10,72/120,0)
      • 1-NORM.DIST(8,10,72/120,1)
      • NORM.DIST(8,10,72/120,1)
  • Objective 4b Example Problem:

    Example 1.4. Objective 4b Example Problem.

    Let \(Z\) be the standard normal variable.
    1. Consider the Excel formula given below:
      \begin{equation*} =1-NORM.S.DIST(1.06,1) \end{equation*}
      Which of the following probabilities could this formula be used to calculate?
      Options:
      • the probability that Z is bigger than 1.06
      • the probability that Z is less than 1.06
      • the probability that Z is equal to 1.06
      • the probability that Z is between 1 and 1.06
    2. Consider the Excel formula given below:
      \begin{equation*} =NORM.S.DIST(3.2,1)-NORM.S.DIST(-1.7,1) \end{equation*}
      Which of the following probabilities could this formula be used to calculate?
      Options:
      • the probability that Z is between -1.7 and 3.2
      • the probability that Z is bigger than 3.2 or smaller than -1.7
      • the probability that Z is bigger than 3.2 and -1.7
      • the probability that Z is between 1 and 3.2 or between 1 and -1.7
    3. Which of these formulas could be used to find \(z^{\star}\) such that \(P(Z\leq z^{\star})=0.96\text{?}\)
      Options:
      • =NORM.S.INV(0.04)
      • =NORM.S.INV(0.96)
      • =NORM.S.DIST(0.96)
      • =NORM.S.DIST(0.04)
      • =1-NORM.S.INV(0.96)
      • =1-NORM.S.INV(0.04)
      • =1-NORM.S.DIST(0.96)
      • =1-NORM.S.DIST(0.04)
    4. Which of these formulas could be used to find \(z^{\star}\) such that \(P(-z^{\star}\leq Z\leq z^{\star})=0.95\text{?}\)
      Options:
      • NORM.S.INV(0.95+0.05)
      • NORM.S.INV(0.95 + 0.05/2)
      • NORM.S.INV(0.95)
      • NORM.S.INV(1-0.95/2)
      • 1-NORM.S.INV(0.95)
      • 1-NORM.S.INV(0.975)
      • NORM.S.DIST(0.95+0.05/2)
      • NORM.S.DIST(0.95)
      • NORM.S.DIST(0.95+0.05)
  • Objective 4c Example Problem:

    Example 1.5. Objective 4c Example Problem.

    A random variable follows a normal probability distribution with a standard deviation of 5.
    1. What formula would you use to find the probability shown below?
      Options:
      • NORM.DIST(32,38,5,1)
      • 1-NORM.DIST(32,38,5,1)
      • NORM.DIST(32,5,38,1)
      • 1-NORM.DIST(32,5,38,1)
      • NORM.DIST(32,38,5,0)
      • 1-NORM.DIST(32,38,5,0)
      • NORM.S.DIST(32,1)
      • 1-NORM.S.DIST(32,1)
    2. What formula would you use to find the probability shown below?
      Options:
      • NORM.DIST(40,38,5,1)
      • 1-NORM.DIST(40,38,5,1)
      • NORM.DIST(40,5,38,1)
      • 1-NORM.DIST(40,5,38,1)
      • NORM.DIST(40,38,5,0)
      • 1-NORM.DIST(40,38,5,0)
      • NORM.S.DIST(40,1)
      • 1-NORM.S.DIST(40,1)
    3. What formula would you use to find the probability shown below?
      Options:
      • NORM.DIST(35,38,5,1)-NORM.DIST(40,38,5,1)
      • NORM.DIST(40,38,5,1)-NORM.DIST(35,38,5,1)
      • NORM.DIST(40,5,38,1)-NORM.DIST(35,5,38,1)
      • NORM.DIST(35,5,38,1)-NORM.DIST(40,5,38,1)
      • NORM.DIST(40,38,5,0)-NORM.DIST(35,38,5,0)
      • NORM.DIST(35,38,5,0)-NORM.DIST(40,38,5,0)
      • NORM.S.DIST(40,1)-NORM.S.DIST(35,1)

Subsection Solutions