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Expected value for the probability distribution.
The National Basketball Association (NBA) records a variety of statistics for each team. Two of these statistics are the percentage of field goals made by the team and the percentage of 3-point shots made by the team. For a portion of the 2004 season, the shooting records of the 29 teams in the NBA showed the probability of scoring two points by making a field goal was .44, and probability of scoring three points by making a three point shot was 0.34.
a. What is expected value of a two point shot for these teams?
b. What is expected value of a three point shot for these teams?
If the probability of making a two point shot is greater than the probability of making a three point shot, why do coaches allow some players to shoot the three point shot if they have the opportunity? Use expected value to explain your answer.
Is there evidence of a significant difference in the proportion who get their news primarily from newspapers between those 36 to 50 years old and those above 50 years old? (use α = 0.05)
Use MegaStat's output for simple linear regression to determine the regression equation
The main goal of correlation research is ______________
An experiment was performed to investigate lifetime of a component exposed to high heat. Three different oven types were used at either 550°F or 600°F.
The Price-to-Earnings ratio (P/E) of a publicly listed profit-making company is defined as the ratio of the stock price of the company to the earnings per share.
Find out the probability of an event relies on past history of record data. The relative frequency method of computing the probability of an event relies on past history.
What percentage of bottles can we expect to have a volume less than 32 oz?
An experiment was carried out to assess the effects of four tomato varieties and four planting densities on yield. There were 64 plots, and each of the 16 factor combinations was randomly assigned to 4 plots.
Now compute the standard deviation for this distribution.
Create a 95% confidence interval for mean cost of repairs. Interpret this interval.
Assume if random samples of size n = 9 are selected can we say anything about the distribution of sample means.
Determine probability of waiting less than 12 minutes between successive speeders. By using cumulative distribution function of X.
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