Probstat

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From 20 applicants consisting of 12 woodwind musicians and 8 brass musicians, the conductor

will select 7 members who will join the ensemble. If every applicant has an equal and
independent chance of being chosen, what is the probability of choosing 5 woodwind
musicians? 0.6396 0.0477 0.8485 O 0.2861

The total number of ways to choose 7 members from 20 applicants is given by the combination formula:

C(20, 7) = 20! / (7! * (20 - 7)!) = 77520

Now, let's consider the number of ways to choose 5 woodwind musicians and 2 brass musicians from
the available applicants. The number of ways to do this is given by the product of the number of ways to
choose 5 woodwind musicians and the number of ways to choose 2 brass musicians:

C(12, 5) * C(8, 2) = (12! / (5! * (12 - 5)!)) * (8! / (2! * (8 - 2)!)) = 792 * 28 = 22176

Therefore, the probability of choosing 5 woodwind musicians out of the 7 members selected is:

P(5 woodwind) = 22176 / 77520 ≈ 0.2856 ≈ 0.2861 (rounded to four decimal places)

So the correct answer is option D: 0.2861.

2. A pot has 6 shiny balls and 14 matte balls. If a ball is removed from the
pot without replacement, the probability that the next ball taken will not be
matte is
To solve this problem you can use the combination and probability
formulas.
The Combination Formulas:
C(n, r) = n! ÷ (n - r)! r!
C(n, r) =
*noted:
n = the number of items
r = how many items are taken at a time
The Probability Formulas:
p(A) = n(A) ÷ n(S)

p(A) =
*Noted:
P(A) = the probability of an event “A”
n(A) = the amount taken
n(S) = the total number of events in the sample space.
Step-by-step explanation:
Given:
Amount of shiny balls: 6 balls
Amount of matte balls: 14 balls
Question:
The probability that the next ball took will not be matte.
Solution:
Step 1
Find the number of ways to get the shiny ball or not matte.
C(6, 1) = 6! ÷ (6 - 1)! 1!
C(6, 1) = 6! ÷ 5! 1!
C(6, 1) = (6 × 5!) ÷ (5! × 1)
C(6, 1) = 6
Step 2
Total all balls = Amount of shiny balls + amount of matte balls
Total all balls = 4 + 16
Total all balls = 20
Find the number of ways to get the ball out of all the balls.
C(20, 1) = 20! ÷ (20 - 1)! 1!
C(20, 1) = 20! ÷ 19! 1!
C(20, 1) = (20 × 19!) ÷ (19! × 1)
C(20, 1) = 20
Step 3
Find the probability that the next ball took will not be matte.
From the steps above, you get:
n(A) = 6
n(S) = 20
So the probability that the next ball took will not be matte:

p(A) =
p(A) =
p(A) =

4. Person B decides to get tested for COVID-19 based on mild symptoms that they are experiencing.In
this scenario, a Type I error would occur if...

Person B receives a negative test result stating that they do not have COVID-19, but they actually do

Person B receives a positive test result stating that they do have COVID-19, but they actually don't

All of the options are correct

None of the options are correct


5. If the variance of grades in an Economics course is 25, each student should unconditionally expect
their grade to deviate from the class average grade by...

50 points

20 points

10 points

5 points

6. The costs of an economic activity borne by the producers are...

Always less than social costs

The entire resource costs of the economic activity

Private costs

None of the above

7. The three main monetary policy tools used by central banks to manage the money supply include...

Interest rates, tax rates, and government spending

Open market operations, exchange rate, and government purchases

Open market operations, discount policy, and reserve requirements

Tax rates, government purchases, and government transfer payments

8. Person A owns a food truck specializing in artisanal tofu. Person A has been informed that the price
elasticity of demand for their most popular tofu meals is greater than 1.If Person A decreases the price
of tofu meals...

Quantity demanded of tofu increases but only by a little, so revenue will decrease

No change in revenue because the number of customers will not change

Quantity demanded of tofu decreases, so revenue stays the same


Quantity demanded of tofu increases by a higher percentage than the decrease in price, so revenue
increases

9. Which of the following best describes the linear probability model?

The model is the application of the linear multiple regression model to a binary dependent variable

The model is an example of probit estimation

The model is another form of logit estimation

The model is the application of the multiple regression model with a binary variable as at least one of
the regressors

10. The main cause behind the Tragedy of the Commons is because of...

The lack of well-specified human rights

The lack of well-specified civil rights

The lack of well-specified property rights

The lack of well-specified animal rights

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