Mat 540 Midterm Exam Answers

MAT 540 MIDTERM EXAM

Question 1

Correct

Deterministic techniques assume that no uncertainty exists in model parameters.

Answer

Selected Answer: True

Correct Answer: True

Question 2

5 out of 5 points

Correct

A continuous random variable may assume only integer values within a given interval.

Answer

Selected Answer: False

Correct Answer: False

Question 3

5 out of 5 points

Correct

An inspector correctly identifies defective products 90% of the time. For the next 10 products, the probability that he makes fewer than 2 incorrect inspections is .

Answer

Selected Answer: True

Correct Answer: True

Question 4

5 out of 5 points

Correct

A decision tree is a diagram consisting of circles decision nodes, square probability nodes, and branches.

Answer

Selected Answer:...