Exam 2

Question 1

A sample point refers to the

Answer 1

Individual outcome of an experiment

Question 2

When n objects are selected from a set of N objects where the order of selection is not importing

Answer 2

Combination

Question 3

The range of probability is

Answer 3

0 to 1

Question 4

When the results of experimentation or historical data are used to assign probability that I use the method used to sign probabilities is referred to as the

Answer 4

Relative frequency method

Question 5

The assumption of equal Lee likely outcomes is used to sign probability values, the method used to sign probabilities is referred to as

Answer 5

Classical method

Question 6

The method of assigning probabilities based upon judgment

Answer 6

Subjective method

Question 7

Bayes theorem is used to compute

Answer 7

The posterior probabilities

Question 8

A graphical device used for enumerating sample points in a multi step experiment

Answer 8

Tree diagram