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Pennsylvania has a lottery entitled "Big 4". To win, a player must correctly match 4 digits, in order, from a daily lottery in which four digits are selected. Digits are chosen from four separate bins, each containing 10 balls numbered 0-9. The only way to win is to match all 4 digits. If the payoff for a $100 bet is $10000, what is the expected value of winning? Create the probability model for this situation. Based on the model, is it worth playing? Feel free to use StatCrunch to write the model and find the expected value, then include your screen shot as a picture.
Draw the relevance diagram corresponding to the tree below. Then reorder the distinctions so that they are in the order C, A, B.
Population standard deviation of 4 inches. For any one person selected at random, find out the probability that their height will be?
A pizza store chain wants to see which pizza toppings customers seem t olike the best. A random sample of people were asked about their pizza preferences.
What is the variance of the number of claims processed? What is the standard deviation of the number of trainees that will still be employed at the end of nine months?
What are the center line and control limits for an x chart for this process?- Draw a separate chart for each of the three data sets. Mark any points that are beyond the control limits.
Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt.
If a manufacturer charges 'p' dollars each for shirts, then he expects to sell 2000-100p shirts per week. What polynomial represents the total revenue expected for a week?
What is the probability that the selected student is taking at most five courses? P (at most 5 courses) = What is the probability that the selected student is taking at least five courses? more than five courses? P (at least 5 courses) = P (more th..
assume there is a rope with the length of 10 feet alexa will cut it anywhere along the ropes length with equal
business firm makes and sells a steel product. product costs 5 to produce. product sells for 20. product requires 4
Data collection instrument used in managerial research. Why is it significant to make sure that these data collection methods and instruments are both reliable and valid?
The National Safety Council reported that air bag-related fatalities dropped to 18 in the year 2000. Compute the expected number of air bag-related fatalities.
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