Q1,Table 5

	Low Price	Medium price	High price
High quality	65	55	80
Low quality	40	15	45

Using table 5 above

1) What is the probability of randomly selecting a low price product

2) What is the probability of selecting a low quality product and high price

3) What is the probability of selecting a low quality or high price product

4) Given a client selects high quality, what is the probability of selecting a medium price product

A, 0.350

B,0.150

C,0.600

D,0.280

E0.733

F0.330

G,0.95 ?

Q2, Match the questions with answers.

Hypothesis: A popular survey says the mean number of clients who use the organization website is 424. You want to prove it is less. Your sample of 100 shows a mean of 420 clients use the website with a standard deviation of 20. Use a 99% confidence level

What is your alternative hypothesis?

-

What is the decision rule?

-

What is the test statistic?

-

Do you reject the null hypothesis?

-

A. Accept the alternate hypothesis

B.2.33

C. H1 is less than 424

D. Do not reject the null hypothesis

E. 0

F.H0 is less than 424

G. -2.33

H. -2.00

I. Reject the null hypothesis

J. H0 is less than 420

K. Do not reject the alternate hypothesis

L. H1 is less than 420

M. 1.65

N. 2.00