1. Calculate the expected value of the consumption prize in each lottery. 2. Calculate the variance of consumption for each lottery.

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A: a) The probability that someone likes at least one is, Pat least one=Pburger+Ppizza-Pburger∩pizza   ...

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Q: find the expected value of each probability distribution. show a clear a solution, pls. thank you

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Q: 8th-ed Chapter 06, Advanced Exercises, Problem 096 The highway police in a certain state are using a...

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Q: A bag contains 30 balls numbered from 1 to 30. One ball is drawn at random. Find the probability tha...

A: A bag contains 30 balls numbered from 1 to 30. one ball is drawn at random.event E=number of balls m...

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Q: The probability that A will live upto 60 years is and probability that B will live up 4 to 60 years ...

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Q: Question 1 Consider a 3 dimensional contingency table. Decide if the following statements are true o...

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Q: A probability experiment is conducted in which the sample space of the experiment is S = {11,12,13,1...

A: The sample space is, S = {11,12,13,14,15,16,17,18,19,20,21,22}.

Q: 6. What is the sum of the probabilities of a random variable?

A: Since you have posted multiple questions, as per our guidelines we have provided answers for first q...

Q: IL. Problem Solving. Given the problem below, answer the following questions. Show your solution to ...

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Q: A pair of dice is rolled. let X be the sum of the number of dots onthe top faces. The table below sh...

A: Required probability is P(x≥8)

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A: We need to test, whether  there is difference in spends for 3 categories  of expenses  for students....

Q: If the team leader will give the "Employee of the Month" award to the employee with the highest expe...

A: Here use variance for comparison of consistentency   

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Q: The lengths of adult males' hands are normally distributed with mean 186 mm and standard deviation i...

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Q: 5 4 Two friends, Andrew and Liz, are playing a game using this spinner. If the spinner lands on regi...

A: The circle is sliced in to 6 parts.

Q: I roll a regular six-sided die. What is the probability that the score is an even or prime number? 5...

A: A regular six-sided die is rolled. The sample space is, S=1, 2, 3, 4, 5, 6 Here even numbers are 2, ...

Q: An experiment consists of rolling a pair of fair cubic dice and recording the sum of their outcomes....

A: Given that - An experiment consists of rolling a pair of fair cubic dice and recording the sum of th...

Q: In a binomial distribution with p = 0.02 and n=70, what is the actual probability of three successes...

A: Given,n=70p=0.02Let a random variable X~Binomial(n=70 , p=0.02)P(X=x)=70x0.02x1-0.0270-x      ;    x...

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A: Given information 2 countries Allies and Germany Allies has 2 strategy compromise and fight Germany ...

Q: Exercise 3: Let (Yn)neN be a sequence of random variables with the property -a < Y, < 0 for a consta...

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Q: a binomial distribution has 10 trials and the probability of success is 0.4 then the mean is A. 2.4 ...

A: We have to find mean for given binomial distribution data 

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Q: die is tossed twice. Find the probability of getting a 3 or 4 on the first toss and a 1 or 2 on the ...

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Q: A food stand can sell either fruit juice or hot coffee on any given day. If the stand sells fruit ju...

A: Given: Hot Profit Cold Profit Fruit Juice 20,000 Fruit Juice 8,000 Hot coffee 15,000 Hot coff...

Q: P(z< ( Or equal to ) z0) = 0.7054

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Q: A company uses a 'selling aptitude test' in the selection of salesmen. Past experience has shown tha...

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Q: Given the numbers 1,3,5,5,7,7,7 a) Find out how many ways the numbers can be arranged. b) Find out ...

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Q: probability that at least one women will be selected ?

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Q: Show all the possible outcomes of the following scenarios using tree diagram, listing and fundamenta...

A: Given: Shirts : S1, S2, S3 , S4, S5, S6, S7 Pants : P1, P2, P3, P4 Shoes : K1, K2, K3 Accessories: A...

Q: f X,Y(x,y) = 2I(0,y)(x) I(0,1)(y). Solve f

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Q: Question 1: Axioms, interpretations and properties of probability A shop sells laptops, smartphones ...

A: Given:

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A: A parameter is a number that describes a whole population e.g population mean, population proportion...

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Q: The random variables W1, W2,... are independent with common distribution k 1 2 3 4 Pr( W = k) 0.1 0....

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Q: A. Give the value of the following. Answer: 1. P( 2, 2) 2. P( 5, 3) 3. P( 9, 3) 4. P(4, 2) 5. P(11, ...

A: we know that Pr=n!n-r!n

Q: Find the probabilities for each using the standard normal distribution. P( z> 0.56)

A: We have to find P(z &gt; 0.56)

Q: A taxicab driver moves between the airport A and two hotels B and C according to the ollowing rules....

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Q: For numbers 7-8, refer to the following: One thousand tickets are sold for P10.00 each. One ticket w...

A: The probability is the value that used to measure the likelihood of any event happening. It is denot...

Q: 5/50 lottery involves choosing 5 of the numbers from 1 through 50 and a 4/27 lottery involves choosi...

A: The probability of winning 5/50 lottery is  0.1 The probability of winning 4/27 lottery is  0.1481  

Q: A college professor never finishes his lecture before the end of the hour and always finishes his le...

A: For the given problem ( b)p( within 1 min ) =? ( c ) p( between 30 and 60 sec ) =? ( d ) p( atleast ...

Q: Richelle Ng is the owner of Ring Marketing. She is considering marketing a new product that will cos...

A: For the required decision tree, we are going to show the revenue generated by the considered company...

Q: Find P (A/B) and P (BIA), show 4 3 3 Given P(A) 8' whether A and B are independent. . P(B) - and P(B...

A: Given,P(A)=38P(B)=58P(B∩A)=34

Q: Using the formula for multiple linear regression y = b0 + b1x1+ b2x2 + b3x3... %3D Joseph's universi...

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Q: Let X and Y are two independent random variables with probabilities P(X) = {0.25,0.45,0.3} and P(Y) ...

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Q: Direction: Write your answer on a separate sheet of paper. Answer the following in 2-3 sentences onl...

A: As per our guidelines we are supposed to answer only 3 sub-parts of any question so I am solving fir...

Q: Write True on the blank if the underlined words in the sentence is an event and False if it is not. ...

A: An event is an outcome or a set of outcomes of a random experiment. In probability theory, a probabi...