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Exam Code: Applied-Probability-and-Statistics
Exam Name: Applied Probability and Statistics (FZO1 C955)
Updated: Aug 06, 2026
Q & A: 158 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Inferential Statistics & Study Design | 20% | - Sampling methods and bias - Observational studies vs experiments - Confidence intervals for means/proportions - Hypothesis testing framework and interpretation |
| Topic 2: Correlation & Regression | 20% | - Predictions and limitations of regression - Correlation coefficient and interpretation - Interpreting slope, intercept, and R-squared - Simple linear regression models |
| Topic 3: Probability Concepts | 20% | - Probability rules, independent and dependent events - Conditional probability and Venn diagrams - Discrete and continuous probability distributions - Normal distribution and empirical rule |
| Topic 4: Basic Numeracy & Algebra | 15% | - Arithmetic operations, fractions, decimals, percentages - Linear equations, inequalities, graphing functions - Exponents, roots, and basic formulas |
| Topic 5: Descriptive Statistics | 25% | - Types of data: categorical, discrete, continuous - Measures of center: mean, median, mode - Measures of spread: range, IQR, variance, standard deviation - Graphical displays: histograms, boxplots, scatterplots |
1. A fitness center owner notices that gym attendance increases as the number of daylight hours increases. The owner calculates a correlation coefficient between daylight hours and gym attendance of r = 0.72.
Based on this information, what can be concluded?
A) There is a negative, causal relationship between daylight hours and gym attendance.
B) There is a positive, causal relationship between daylight hours and gym attendance.
C) There is a negative association between daylight hours and gym attendance.
D) There is a positive association between daylight hours and gym attendance.
2. A university surveys faculty and students to determine support for a new campus recycling initiative.
The results of the survey are shown in the following 2 × 2 contingency table:
Which statement is true?
A) Faculty members are slightly more likely than students to support the recycling initiative.
B) Faculty members are much more likely than students to support the recycling initiative.
C) Faculty members are slightly less likely than students to support the recycling initiative.
D) Faculty members are much less likely than students to support the recycling initiative.
3. A teacher plots the test scores of a class using the box plot.
What is true about the test scores?
A) The median score for Class A is 70 points.
B) The median score for Class A is 80 points.
C) The median score for Class A is 75 points.
D) The median score for Class A is 88 points.
4. A city council surveys residents and business owners about a proposed new public transportation system. The results of the survey are shown in the following 2 × 2 contingency table.
Which statement is true?
A) A resident is slightly less likely than a business owner to favor the new transportation system.
B) A resident is much less likely than a business owner to favor the new transportation system.
C) A resident is much more likely than a business owner to favor the new transportation system.
D) A resident is slightly more likely than a business owner to favor the new transportation system.
5. Expected value = ?
A) Mode
B) Long-term average
C) 0
D) Median
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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