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Mat 540 Quiz 1 With Answers
Mat 540 Quiz 1 With Answers
Answer
SelectedAnswer: CorrectAnswer:
True False
SelectedAnswer: CorrectAnswer:
True True
SelectedAnswer: CorrectAnswer:
True True
False False
SelectedAnswer: CorrectAnswer:
False False
SelectedAnswer: CorrectAnswer:
False False
SelectedAnswer: CorrectAnswer:
True True
Question8
resultinzeroprofit
CorrectAnswer:
resultinzeroprofit
decreases
CorrectAnswer:
decreases
SelectedAnswer:
breakevenpoint
CorrectAnswer:
breakevenpoint
$40
CorrectAnswer:
$40
CorrectAnswer: 0
alwayshasthesameprobabilityofoccurring
CorrectAnswer:
alwayshasthesameprobabilityofoccurring
Question15 2outof2points Administratorsatauniversityareplanningtoofferasummerseminar.Thecostsofreservinga room,hiringaninstructor,andbringingintheequipmentamountto$3000. Supposethatitcosts$25perstudentfortheadministratorstoprovidethecoursematerials.If weknowthat20peoplewillattend,whatpriceshouldbechargedperpersontobreak even?Note:pleasereporttheresultasawholenumber,roundingifnecessaryandomitting thedecimalpoint. Answer SelectedAnswer: 175
CaseSensitivity
20
CorrectAnswer 20
CaseSensitivity
CorrectAnswer $5 5
CaseSensitivity
56
CorrectAnswer 56
CaseSensitivity
Question19 2outof2points Anautomotivecenterkeepstracksofcustomercomplaintsreceivedeachweek.Theprobability distributionforcomplaintscanberepresentedasatable(shownbelow).Therandomvariable xirepresentsthenumberofcomplaints,andp(xi)istheprobabilityofreceivingxicomplaints. xi p(xi) 0 .10 1 .15 2 .18 3 .20 4 .20 5 .10 6 .07
2.83
CaseSensitivity
Answer
CorrectAnswer 1
CaseSensitivity