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QBM101 Sample Quiz 4 5 Original
QBM101 Sample Quiz 4 5 Original
(HONS)
QUIZ (SAMPLE )
This quiz carries 25% of the total assessment for this subject.
Examiner(s):
MR. HOO KEH YOONG
INSTRUCTION(S):
b. Answer all 40 questions in the Multiple-Choice Answer sheet provided. Use 2B pencil only.
Answers written on the question paper will NOT be marked.
(This question paper consists of 11 printed pages, including cover page and 1 page of formulae)
Q2. Which of the following measures is the most likely to be influenced by outliers in the
data set?
A. Interquartile range
B. Median
C. Mode
D. Mean
Q3. If events A and B are mutually exclusive, which of the following statements is
TRUE?
Q4. If events A and B are independent, which of the following statements is TRUE?
A. I and IV only.
B. I, II, and IV only.
C. II and IV only.
D. I, II and III only.
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 4
In a sample survey, 100 students were selected in order to find out whether there is any
relationship between gender and examination passing rate. The table below shows the result
of the survey.
Male Female
Pass 45 30 75
Fail 15 10 25
60 40 100
A. 0.75
B. 0.60
C. 0.45
D. 0.40
Q7. What is the probability that a randomly selected student passed the exam?
A. 0.25
B. 0.60
C. 0.75
D. 0.40
Q8. What is the probability that a randomly selected student is either a male or passed the
exam?
A. 0.45
B. 0.55
C. 0.10
D. 0.90
Q9. What is the probability that a randomly selected student is a male given that the
student passed the exam?
A. 0.25
B. 0.75
C. 0.40
D. 0.60
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 5
Table I:
X 0 1 2 3
P(x) -0.1 0.3 0.35 0.45
Table II:
X 2 4 5 8
P(x) 0.2 0.15 0.4 0.25
Table III:
X -3 -2 0 5
P(x) 0.1 0.2 0.3 0.4
A. I only
B. II only
C. I and II
D. II and III
A. 0.15
B. 0.35
C. 0.20
D. 0.65
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 6
A. 0.95
B. 0.05
C. 0.35
D. 1.00
A. 0.95
B. 0.60
C. 0.85
D. 0.65
A. 1.00
B. 2.80
C. 3.25
D. 2.85
Q19. The shape of the probability distribution of a Binomial distribution with p = 0.15 is
__________.
A. Positively skewed.
B. Negatively skewed.
C. Symmetrical.
D. Depending on the value of n.
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 7
A. 0.0013
B. 0.0049
C. 0.1244
D. 0.0159
A. 0.0123
B. 0.0000
C. 1.0000
D. 0.0036
Q25. Which of the following are NOT examples of discrete random variables?
A. I and II only.
B. I, II, and IV only.
C. III and IV only.
D. III only.
Q27. Which of the following statements is TRUE about the characteristics of the random
variables?
A. 0.1057
B. 0.0302
C. 0.1494
D. 0.0498
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 9
A. 0.5065
B. 0.5367
C. 0.2158
D. 0.3209
A. 0.1888
B. 0.5367
C. 0.4633
D. 0.2745
A. 3.5
B. 1.00
C. 1.87
D. 12.25
Q34. Which of the following statements is TRUE regarding a standard normal distribution?
Q35. A larger standard deviation of a normal distribution indicates that the shape of
distribution becomes:
A university professor claims that on average, university students spend 30 hours on study
per week. The study time is known to be normally distributed with a standard deviation of 2
hours.
Q37. What is the probability that a randomly selected student will study more than 32.5 hours
per week?
A. 0.0125
B. 0.1056
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 11
C. 0.8944
D. 0.9875
Q38. What is the probability that a randomly selected student will study at most 29 hours
per week?
A. 0.3085
B. 0.4013
C. 0.5000
D. 0.6915
What is the probability that a randomly selected student will study between 26 and 34
Q39.
hours per week?
A. 0.0228
B. 0.9544
C. 0.9772
D. 1.0000
Q40. If 1% of all the university students study at least 𝛼 hours per week, find the value of 𝛼.
A. 35.15
B. 2.33
C. 25.35
D. 34.65
STATISTICAL FORMULAE
Conditional Probability:
𝑃
𝑃 (𝐴 | 𝐵)
Addition Rule:
UFM QBM101 – Business Statistics (Quiz SAMPLE) Page 12
Multiplication Rule:
𝑃 (𝐵 | 𝐴)
µ = 𝛴 𝑥 𝑃(𝑥)
𝜎 = √Σ 𝑥 2 P(x) − µ2
𝑃(𝑋 = 𝑥) = 𝑛𝐶𝑥𝑝𝑥𝑞(𝑛−𝑥)
𝑒−𝜆𝜆𝑥
𝑃(𝑋 = 𝑥) =
𝑥!
𝑥−𝜇
𝑧=
𝜎