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Create a game of chance using a coin, dice, or a standard deck of cards. Choose how to play the game and determine at least two ways to win. Then determine the probability of winning the game. Then play the game or simulate the game several times and compare the empirical probability of winning with the theoretical probability of winning. (hint: make the game more complicated than Flip a coin, you win if you get heads. Show your work, but also thoroughly explain and describe each problem. You will be graded on your solution as well as your explanation of it.
Create risk profiles for medium and large alternatives. Given mayors concern over possibility of losing money and result of part (a), which alternative would you suggest?
Data collected by a child development scientist produced a 95% confidence interval for the mean age, μ (in weeks) at which babies began to craw as [21.4, 31.6]
Calculate the sample variance using the computational formula. First subtract a convenient number from each observation.
Use traditional hypothesis test approach. Draw a graph showing the test statistic and critical values. Assume the population has a distribution that is approximately normal and that the sample is a simple random sample.
If your ANOVA shows no interaction between two factors: A) You must re-run the ANOVA in minitab without replicates. B) Start over taking more samples, the current results aren't valid without showing an interaction.
What are some of the words that form clues? How does one know what is a population parameter and a test statistic?
Draw the tree diagram for experiment and complete the table below that represents the probabilities for each of the values that the random variable X will asume.
You have a graph with a regression line that is positively sloped. The regression line starts with observation points tightly packed around the regression line but as you move across the x-axis the observations tend to get further and further away..
The grade point average of the students at UTC is 2.80 with a standard deviation of 0.84. The grade point average of students at UTK is 2.4 with a standard deviation of 0.84. Which university shows a more dispersed grade distribution?
A researcher finds that of 1,000 people who said that they attend a religious service at least once a week, 31 stopped to help a person with car trouble. Of 1,200 people interviewed who had not attended a religious service at least once a month, 22 s..
A) Describe the term population. B) Describe the term random sample. C) What is the difference between a population and a random sample?
the time to complete a manual task in a manufacturing operation is considered a normally distributed random variable
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