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Exam (elaborations)

BUAL 2600 GUPTA FINAL EXAM QUESTIONS AND ANSWERS 2025

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BUAL 2600 GUPTA FINAL EXAM QUESTIONS AND ANSWERS 2025

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BUAL 2600 GUPTA
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Institution
BUAL 2600 GUPTA
Module
BUAL 2600 GUPTA

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Uploaded on
October 18, 2025
Number of pages
22
Written in
2025/2026
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Questions & answers

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BUAL 2600 GUPTA LATEST
FINAL EXAM
union - ANSWERS-the ________ of 2 events X and Y in another event
that consists of the sample space outcomes belonging to either event X
or event Y or both events X and Y


relative - ANSWERS-a probability may be interpreted as a long-run
________ frequency


0 and 1 - ANSWERS-probabilities must be assigned to sample space
outcomes so that the probability assigned to each sample space outcome
must be between ________, inclusive


.2 - ANSWERS-which of the following is a valid probability value for a
discrete random variable?


discrete - ANSWERS-the variable Employee Status, which can take
either the value 1 for Employed or 0 for Unemployed, is an example of a
________ random variable


poisson - ANSWERS-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

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1

, BUAL 2600 GUPTA LATEST
FINAL EXAM

binomial - ANSWERS-a random variable that is defined to be the total
number of successes in n trials is a ________ random variable


always - ANSWERS-when p=.5, the binomial distribution will
________ be symmetric


5 (10(.5)=...) - ANSWERS-a fair die is rolled 10 times. what is the
average number of even outcomes?


3 - ANSWERS-a fair die is rolled 36 times. what is the standard
deviation of the even number (2,4, and 6) outcomes?


standard deviations - ANSWERS-the z value tells us the number of
________ that a value of x is from the mean


uniform - ANSWERS-a continuous probability distribution having a
rectangular shape, where the probability is evenly distributed over an
interval of numbers as a ________ distribution



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PAGE
2

, BUAL 2600 GUPTA LATEST
FINAL EXAM
standard deviation and mean - ANSWERS-the specific shape of each
normal distribution is determined by its ________ and ________


z score - ANSWERS-the number of standard deviations that a value, x,
is from the mean is a ________


standard - ANSWERS-a normal distribution with mean equal to 0 and a
standard deviation equal to 1 is called the ________ normal distribution


continuous - ANSWERS-the thickness of a randomly selected piece of
metal is a ________ random variable


larger - ANSWERS-________ values of the standard deviation result in
a normal curve that is wider and flatter


also normal - ANSWERS-if the population of individual items is
normal, then the population of all sample means is...


population mean - ANSWERS-mean of all possible samples equals...


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