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Courses and Certificates Applied-Probability-and-Statistics Book

Applied Probability and Statistics (FZO1 C955) Questions and Answers

Question 41

Null hypothesis for a new drug shows no effect. True statement?

Options:

A.

Assume no effect until evidence suggests otherwise

B.

Drug is effective

C.

Drug is ineffective for sure

D.

Cannot test

Question 42

A recording studio raises its use fee to $75 and charges $40 per hour for studio time. The equation of the total cost of a recording session as a function of studio time is y = 40x + 75.

Which graph represents this equation?

Options:

A.

Graph 1

B.

Graph 2

C.

Graph 3

D.

Graph 4

Question 43

Type II error = ?

Options:

A.

Accept H₀ when false

B.

Reject H₀ when true

C.

Correct decision

D.

None

Question 44

Sum of probabilities in sample space = ?

Options:

A.

1

B.

0

C.

> 1

D.

Cannot exceed 2