100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

ECN 221 Midterm 2 Practice Test | Questions and Answers | 2025 Update.

Rating
-
Sold
-
Pages
19
Grade
A+
Uploaded on
03-05-2025
Written in
2024/2025

ECN 221 Midterm 2 Practice Test | Questions and Answers | 2025 Update.











Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
May 3, 2025
Number of pages
19
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Assignment Previewer
This is a preview of the questions in your assignment, but it does not reflect all assignment settings. Open the student view to interact with
the actual assignment.


Show answer key SHOW NEW RANDOMIZATION EDIT ASSIGNMENT



ECN 221 Midterm 2 Practice Test | Questions and Answers | 2025 Update. INSTRUCTOR
Kwaku Addae-Ankrah
Arizona State University




Current Score


QUESTION 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19


POINTS –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –/2 –



C C

TOTAL SCORE


–/100 0.0%




Due Date


MON, MAR 31, 2025
9:00 AM MST



Instructions Assignment Submission & Scoring
Assignment Submission
This practice test consists of questions from chapters 5, 6 & 7. The
For this assignment, you submit answers by
questions are for practice and preparation for the actual midterm 2. It does
question parts. The number of submissions
not mean that the exam questions will necessarily be the same questions.
remaining for each question part only changes if
you submit or change the answer.

Assignment Scoring

Your last submission is used for your score.

,1. [–/2 Points] DETAILS ASWSBE15 5.TB.001.




Which of the following is a characteristic of an experiment where the binomial probability distribution is applicable?

Exactly two outcomes are possible on each trial.

The trials are dependent on each other.

The experiment has at least two possible outcomes.

The probabilities of the outcomes changes from one trial.




2. [–/2 Points] DETAILS ASWSBE15 5.TB.003.




A probability distribution showing the probability of x successes in n trials, where the probability of success does not change from
trial to trial, is termed a
hypergeometric probability distribution.

uniform probability distribution.

normal probability distribution.

binomial probability distribution.




3. [–/2 Points] DETAILS ASWSBE15 5.TB.004.




A continuous random variable may assume

any numerical value in an interval or collection of intervals.

finite number of values in a collection of intervals.

an infinite sequence of values.

only the positive integer values in an interval.

, 4. [–/2 Points] DETAILS ASWSBE15 5.TB.008.




An experiment consists of determining the speed of automobiles on a highway by the use of radar equipment. The random variable
in this experiment is a random variable.
discrete

mixed type

continuous

multivariate




5. [–/2 Points] DETAILS ASWSBE15 5.TB.011. PRACTICE ANOTHER


Four percent of the customers of a mortgage company default on their payments. A sample of six customers is selected. What is the
probability that exactly two customers in the sample will default on their payments?

0.0014

0.0173

0.0204

0.0408




6. [–/2 Points] DETAILS ASWSBE15 5.TB.012. PRACTICE ANOTHER


Eighty percent of the students in a class of 100 are planning to go to graduate school. What is the standard deviation of this
binomial distribution?

4

10

16

80

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Wiseman NURSING
View profile
Follow You need to be logged in order to follow users or courses
Sold
6776
Member since
4 year
Number of followers
3844
Documents
26286
Last sold
2 hours ago
Premier Academic Solutions

3.9

1383 reviews

5
682
4
249
3
212
2
76
1
164

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions