Practice Quiz 7

Time 20 minutes.  This quiz is open book, open notes.

1.    Estimate the probability that a Binomial(225, 0.20) variable will not exceed 38.

2.    A box has six hundred tickets.  Three hundred of them have a zero, one hundred have a one, one hundred have a two, and one hundred have a three.
a)  Compute the fifth moment of the distribution defined by this box.
b)  One of the tickets with a zero is removed and replaced by a ticket with an 11.  To approximate the change in fifth moment, note that the mean increases only by (11 - 0)/600 = 0.0183..., which is quite small.  So assume the mean is essentially unchanged and, based on that assumption, estimate the new fifth moment.

Scoring: The passing score is 90.

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