Back4.1 Basic Probability Theory and Descriptive Statistics
Study Guide - Practice Questions
Test your knowledge with practice questions generated from your notes
- #1 Multiple ChoiceSuppose you roll a fair six-sided die. Let event $A$ be 'the outcome is three or less' and event $B$ be 'the outcome is even.' What is $A \cap B$?
- #2 Multiple ChoiceGiven a sample of $n$ observations $x_1, x_2, \ldots, x_n$, which formula correctly calculates the sample variance?
- #3 Multiple ChoiceA company has 100 loans: 15 had a co-applicant (event $J$), 48 had a mortgage ($M$), and 10 had both. What is the probability that a randomly selected loan has either a co-applicant or a mortgage (or both)?
Study Guide - Flashcards
Boost memory and lock in key concepts with flashcards created from your notes.
- Descriptive Statistics and Summation Notation5 Questions
- Parameters and Estimators5 Questions
- Basic Probability Concepts7 Questions