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Question: Pick another card. Find the standard deviation of the amount you might win drawing a card in Exercise.
Exercise: Pick a card, any card. You draw a card from a deck. If you get a red card, you win nothing. If you get a spade, you win $5. For any club, you win $10 plus an extra $20 for the ace of clubs.
a) Create a probability model for the amount you win at this game.
b) Find the expected amount you'll win.
c) How much would you be willing to pay to play this game?
a) Find the marginal density of Y. b) Find E(X) HINT: What is E (X|Y=y) ?
However, in situations where growth has not eventually occurred, new operating systems have been announced 10% of the time. Based on all these facts, what is the probability that sales will grow by 10%?
general hospital has noted that they admit an average of 8 patients per hour.a. define the random variable in
Use a chi-square analysis to determine whether sex and year in college are related. Report your results in the APA format and write one to two sentences interpreting your results. Save the SPSS output. Name your file: SU_ PSY2008_W11_A1_Lastname_F..
Among the contestants in a competition are 35 women and 20 men. If 5 winners are randomly selected, what is the probability that they are all men?
the thickness of a laminated covering for a wood surface is normally distributed with a mean of 5 millimeters and a
assume a flipping a coin has a 50 - 50 chance of heads or tails. you flip a coin until the first time it comes up
What is the probability that a first-grade classroom of 25 students who are chosen randomly from the population will have a mean IQ of 105 or greater? 90 or less?
What is the correct answer to Suppose you were trying to decide which of two machines to purchase. Furthermore, suppose the length to which the machines cut a particular product part was important.
Create the spreadsheet simulation. Use 500 simulation trials to reply the question: What is the mean profit for the simulation?
If the standard deviation of a set of scores =0, what can you say about the scores in the distribution? Verify your answer using an example. Create an appropriate set of numbers and actually calculate the SD (standard deviation), showing that it ..
Is there any evidence to suggest that the mean level of ultrafine particles in a 24-hour period in Kansas City is over the EPA standard of 35 μg/m3?
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