A binomial distribution models several independent replications of a ________.
A) probability density function
B) Bernoulli experiment
C) continuous distribution
D) Poisson experiment
Q. 2Test the hypotheses that between-block means are equal.
What will be an ideal response?
Q. 3The credit card balances for customers at State Bank and Trust has a mean equal to 800 and a standard deviation equal to 60.00. Kevin Smith's balance is 1,352. Based on this, his standardized value is 9.20.
Indicate whether the statement is true or false
Q. 4From the given data, determine the forecast for the 5th month.
A) 35.80 units
B) 58.80 units
C) 42.20 units
D) 24.20 units
Q. 5In Crystal Ball, the output variables in which we are interested are called assumptions.
Indicate whether the statement is true or false
Q. 6Which of the following can be modeled using a Bernoulli distribution?
A) a survey question where an individual responds yes or no
B) the highest recorded temperature in the month of June
C) the number of errors per product produced
D) the average number of consumers in a restaurant
Q. 7The State Department of Forests has determined that annual tree growth in a particular forest area is normally distributed with a mean equal to 17 inches and a standard deviation equal to 6 inches.
Based on this information, it is possible for a randomly selected tree not to have grown any during a year. Indicate whether the statement is true or false
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