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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