14. A frequency distribution is an organization of numerical data about the events in an experiment. (Points : 2) True False
15. A set of events is collectively exhaustive when it includes _______ the events that can occur in an experiment. (Points : 2)
some of one of all any of
16. Objective probabilities that can be stated prior to the occurrence of an event are (Points : 2) subjective a priori
classical or a priori
none of the above
17. Which of the following is incorrect with respect to the use of models in decision making? (Points : 2)
they improve understanding of the problem
they promote subjectivity in decision making
they are generally easy to use
they provide a systematic approach to problem solving
18. In a given experiment the probabilities of mutually exclusive events sum to (Points : 2)
0
0.5
1
none of the above
19. A ___________ probability is the probability that two or more events that are not mutually exclusive can occur simultaneously. (Points : 2)
joint
marginal
subjective
binomial
20. ____________ techniques include uncertainty and assume that there can be more than one model solution. (Points : 2)
Deterministic
Probabilistic
Distribution
Probability
