MAT 540 WEEK 3 QUIZ 2 2016 VERSION

Question 1 1. If two events are not mutually exclusive, then P(A or B) = P(A) P(B) True False 2 points Question 2 1. Seventy two percent of all observations fall within 1 standard deviation of the mean if the data is normally distributed. True False 2 points Question 3 1. Probability trees are used only to compute conditional probabilities. True False 2 points Question 4 1. The equal likelihood criterion assigns a probability of 0.5 to each state of nature, regardless of how many...