Determining the proportion of heads

Assignment Help Basic Statistics
Reference no: EM131031339

Problem: The long run but not the short run. Our intuition about chance behavior is not very accurate. In particular, we tend to expect that the long-run pattern described by probability will show up in the short run as well. For example, we tend to think that tossing a coin 20 times will give close to 10 heads.

Required:

(i) Set the probability of heads in the Probability applet to 0.5 and the number of tosses to 20. Click "Toss" to simulate 20 tosses of a balanced coin. What was the proportion of heads?

(ii) Click "Reset" and toss again. The simulation is fast, so do it 25 times and keep a record of the proportion of heads in each set of 20 tosses. Make a stemplot of your results. You see that the result of tossing a coin 20 times is quite variable and need not be very close to the probability 0.5 of heads.

Reference no: EM131031339

Questions Cloud

What is the equilibrium price of the good before trade : What is the equilibrium price of the good before trade? After trade, how many units of the good will be imported? How much did the consumer surplus grow with trade? How much did the total surplus grow with trade?
Remains inconsistent across the nations hospitals : In 1999, the Institute of Medicine report, To Err is Human, generated a brief flurry of concerns about avoidable hospital deaths. While progress has been made in addressing system errors and deficiencies, it remains inconsistent across the nation’s h..
Competition in quality and in service may be just as effect : 1. "Competition in quality and in service may be just as effective as price competition in giving buyers more for their money." Do you agree?  Why? 2.Explain why monopolistically competitive firms frequently prefer nonprice to price competition.
Determine the mass of the refrigerant in the tank : Determine (a) the mass of the refrigerant in the tank and (b) the amount of heat transferred. Also, show the process on a P-v diagram with respect to saturation lines.
Determining the proportion of heads : Set the probability of heads in the Probability applet to 0.5 and the number of tosses to 20. Click "Toss" to simulate 20 tosses of a balanced coin. What was the proportion of heads?
Based on this information, tangshan''s book value per share : At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 shares of common stock outstanding. Based on this information, Tangshan's book value per..
Question regarding the random mechanism : Problem: Random digits. The table of random digits (Table B) was produced by a random mechanism that gives each digit probability 0.1 of being a 0.
Determine the total heat transferred : Let the initial temperature vary from 150 to 250°C. Plot the final results against the initial temperature, and discuss the results.
What is the role of accrediting bodies : In your opinion, what is the role of accrediting bodies? When should governments manage accreditation standards and functions and when should other entities manage accreditation standards and functions?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd