Which of the given statements attempts to add clarity

Assignment Help Basic Statistics
Reference no: EM131757582

Question: You just heard the statistic "Your chances of being hit by lightning are one in one hundred million." Which of the following statements attempts to add clarity to the distinction "getting hit by lightning?"

A. "I disagree; I think the chances are one in a billion."

B. "Is this the chance of being hit by lightning in your lifetime, or on any particular day?"

C. "How did you know this is the chance of getting hit by lightening?"

D. "What evidence do you have that leads you to this conclusion?"

Reference no: EM131757582

Questions Cloud

Compare and contrast the four operating systems : Compare and contrast the four operating systems, and provide arguments for choosing one of them: Microsoft Windows, Mac OS, Unix or Linux.
Step formulas to get to the results provided : Can you please show the step by step formulas to get to the results provided?
List and describe five policies that the company needs : List and describe the regulatory requirement that was introduced by the IPO. List and describe at least 5 policies that the company needs.
Estimate the cost of equity for a firm : Suppose you are trying to estimate the cost of equity for a firm as part of the calculation of the Weighted Average Cost of Capital (WACC).
Which of the given statements attempts to add clarity : You just heard the statistic "Your chances of being hit by lightning are one in one hundred million." Which of the following statements attempts to add clarity.
Expected return of a stock with a beta : If you know that the risk-free rate is 4.8% and the expected market risk premium is 5.6%, what would be the expected return of a stock with a beta
What is the net present value of decision : You also believe that the probability of default is only 3 percent. What is the net present value of this decision?
What is the result of a high-quality decision analysis : What is the result of a high-quality decision analysis? Knowledge of what will happen as a result of your decision.
As the owner of the business that is having an ipo : As the owner of the business that is having an IPO. Do you want underpricing? Why?

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