MATH 540 MIDTERM

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? Question 1

5 out of 5 points

Deterministic techniques assume that no uncertainty exists in model parameters.

Answer

Selected Answer:

True

Correct Answer:

True

? Question 2

5 out of 5 points

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 3

5 out of 5 points

A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously.

Answer

Selected Answer:

False

Correct Answer:

False

? Question 4

5 out of 5 points

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

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Published On:
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