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Question: In the carnival game? Under-or-Over-Seven, a pair of fair dice is rolled? once, and the resulting sum determines whether the player wins or loses his or her bet. For? example, using method?one, the player can bet $3.50 that the sum will be under? 7, that?is, 2,? 3, 4,? 5, or 6. For this? bet, the player wins $3.50 if the result is under 7 and loses $3.50 if the outcome equals or is greater than 7.? Similarly, using method? two, the player can bet $3.50 that the sum will be over? 7, that? is, 8,? 9, 10,? 11, or 12.? Here, the player wins $3.50 if the result is over 7 but loses $3.50 if the result is 7 or under. A third method of play is to bet $3.50 on the outcome 7. For this? bet, the player wins $14.00 if the result of the roll is 7 and loses $3.50 otherwise. Complete part? (a) Construct the probability distribution representing the different outcomes that are possible for a ?$3.50 bet using method two and three. X P(X)
Briefly discuss probability distributions. What is a normal distribution? Please provide a written example of how 'understanding distribution' can be an asset for any business project.
As part of your capstone project you must show growth from the pre-test to the post-test. The college requires you to use a significance level of .05.
Explain why in the short run a firm may continue to produce even at a loss provided the price is more than the average variable cost.
Snoring. After surveying 995 adults, 81.5% of whom were over 30, the National Sleep Foundation reported that 36.8% of all the adults snored.
Find the standard deviation of this sample of numbers. Round your answer to two decimal places.
Find the standard deviation for the defective transistors.
Assume that the scores are measurements of continuous variable and find the median by locating the precise midpoint of the distribution.
A hospital director is told that 46% of the emergency room visitors are uninsured. The director wants to test the claim that the percentage of uninsured patient
A. List the ID numbers of the 10 seniors you will use for this sample?
What are some reasons why sampling may not be a essential method for research studies?
State the critical values for testing and what is the probability that this decision strategy will result in a Type I error?
Adult US women are known to have cholesterol levels that are N(189 mg/dL, 25 mg/dL). What % of US women would you expect to have cholesterol levels below 135?
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