BANA 2372 – Business Analysis – Hollander - Actual Exam 2 (Chapters 5 & 6)

1. Exhibit 5-3 The probability distribution for the number of goals the Lions soccer team makes per game is given below. Number of Goals Probability 0 .05 1 .15 2 .35 3 .30 4 .15 Refer to Exhibit 5-3. What is the probability that in a given game the Lions will score at least 1 goal? a. .55 b. 1.0 c. .95 d. .20 2. Exhibit 5-10 The probability Pete will catch fish when he goes fishing is .8. Pete is going fishing 3 days next week. Refer to Exhibit 5-10. The variance of the number of days Pete will catch fish is _____. a. .48 b. .16 c. 2.4 d. .8 3. Exhibit 5-5 AMR is a computer-consulting firm. The number of new clients that it has obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below. Number of New Clients Probability 0 .05 1 .10 2 .15 3 .35 4 .20 5 .10