ame show contestant is offered the option of receiving a computer system worth $2100 or accepting a chance to win either a luxury vacation worth 00 or a boat worth $7300. If the second option is chosen the contestant's probabilities of winning the vacation or the boat are 0.20 and 0.15, pectively. If the contestant were to turn down the computer system and go for one of the other prizes, what would be the expected winnings? eexpected winnings are $

Q: Q2. In some investment company the manager is preparing to call on a potential new client. The…

A: The probability is calculated in statistics and mathematics.

Q: Your company is considering offering 300 employees the opportunity to transfer to its new…

A: Given Employees=300Managers=200 Factory workers=300Miscellaneous staff=200

Q: PDO has imitiated a project to dig new oil well The probabilities of completion of project on time…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: There is 50% chance of a recession next quarter. Given that there is a recession, Kate believes…

A: Here given data in probability form,   P(recession)=0.5 pcapital gainrecession=0.3, pnot capital…

Q: Mila's Sandwich Shop sells sub sandwiches in four sizes. The probabilities that a customer will…

A:

Q: Sixty percent of a firm’s employees are men. Suppose four of the firm’s employees are randomly…

A:

Q: A contractor is interested in the total cost of a project on which he intends to bid. He estimates…

A: Given: If the project takes X days to complete, the total labor cost will be 9,000X shillings The…

Q: On a given weekend in the fall, a tire company can buy television and advertising time for a college…

A: Introduction: Bayes’ theorem: Consider events A1, A2, …, Ak, and B (non-null). Now, the probability…

Q: On a given weekend in the fall, a tire company can buy television and advertising time for a college…

A:

Q: 1) Joel surveyed his class and summarized responses to the question, “Do you like school?" Liked…

A: From the provided information, The total students = 33 The total students who likes school and is…

Q: A game show contestant is offered the option of receiving a computer system worth $2300 or accepting…

A: We first make a probability distribution winning amount (xi)  4500 7000 probability (pi) 0.20…

Q: Bill Borde, top advertising executive for Grapevine Concepts, has just launched a publicity campaign…

A: Hello! As you have posted more than 3 sub parts, we are answering the first 3 sub-parts.  In case…

Q: Victor has been wrongfully accused of helping a gorilla escape from the zoo. The probabilities of…

A:

Q: Mila's Sandwich Shop sells sub sandwiches in four sizes. The probabilities that a customer will…

A:

Q: Does it pay to ask for a raise? A national survey of heads of households showed the percentage of…

A: a) It is given that 20% of the men asked for a raise. The probability that man asked for a raise is…

Q: An experiment consists of picking a card at random from a standard deck of 52 cards. Find the…

A:

Q: lichael wants to take French or Spanish, or both. But classes are closed, and he must apply and get…

A: Formula : P(A or B) = P(A) + P(B) - P(A and B)

Q: Consider all courtroom trials with a single de- fendant who is charged with a felony. Suppose that…

A:

Q: In a one-off Dungeons and Dragons campaign, Himo would like to be the team leader. The prob- ability…

A: Let us define some events A : Naname is the Dungeon Master. B : Baron is the Dungeon Master. E :…

Q: At the beginning of each day, a patient in the hospital is classifed into one of the three…

A: Let the conditions good, fair, critical, improved, unimproved and dead be represented by G, F, C, I,…

Q: A police department needs new tires for its patrolcars and the probabilities are 0.15, 0.24, 0.03,…

A: It is given that the A police department needs new tires for its patrol cars and the probabilities…

Q: 2- Education Level a Smoking At a large factory, the employees were surveyed and classified…

A: Given contingency table is:  Smoking habit Not high school graduate High school graduate College…

Q: The contingency table below presents summary data from the Ohio Healthy Youth Environments…

A: Probability: Probability is a chance factor that occurs at every outcome of a random experiment.it…

Q: Mila's Sandwich Shop sells sub sandwiches in four sizes. The probabilities that a customer will…

A: Answer - Given probability distribution   Sandwich Size 3- inch 6- inch 9- inch 12- inch…

Q: The chart below summarizes the admissions results for 40 applicants to a competitive graduate…

A: (a) From the table

Q: Daily sales records for a computer manufacturing firm show that it will sell 0, 1, or 2 mainframe…

A:

Q: It is shown that 20 percent of all persons given a certain medication get drowsy within two minutes.…

A:

Q: The probability that a university graduate will be offered no jobs within a month of graduation is…

A: Let X=a graduate is offered   no.of job  offers X 0 1 2 3 P(X) 0.06 0.44 0.30 0.20

Q: A company is considering whether to market a new product. Assume, for simplicity, that if this…

A: The probability of getting success is P. The probability of getting failure is 1-P. On failure, the…

Q: On a given weekend in the​ fall, a tire company can buy television and advertising time for a…

A: From the provided information, If the company sponsors the college football​ game there is a ​70%…

Q: The probability that a university graduate will be offered no jobs within a month of graduation is…

A:

Q: New information can be used to revise or update the prior probabilities so that the final decision…

A:

Q: In a city, there are two water source and water pipe line (shape is given). Brake down probabilities…

A: Union of Two Events: For any two events A and B, union of A and B, written as A∪B, is defined as the…

Q: Does pay to ask for a raise? A national survey of heads of households showed the percentage of those…

A: (a) From the given information, the men interviewed 24% had asked for a raise. The probability of…

Q: You and a group of friends are going to a five-day outdoor music festival during spring break. You…

A: Given, 45% chance of rain on the first day, a 55% chance of rain on the second day, a 10% chance of…

Q: Richard has just been given a 10 question multiple-choice quiz in his history class. Each question…

A: Binomial distribution: The binomial distribution gives the probability of number of successes out of…

Q: If p represents the probability of success of a player in any game and M represents the sum of money…

A: Let p be the probability of success  of a player in any game  M be the sum of money

Q: A blackjack player at a Las Vegas casino learned that the house will provide a freeroom if play is…

A:

Q: An inspector of the Alaska Pipeline has the task of comparing the reliability of two pumping…

A: Given Information Station P(Pump failure) P(Leakage) P(Both) 1 0.07 0.10 0 2…

Q: Consider all courtroom trials with a single de- fendant who is charged with a felony. Suppose that…

A:

Q: Q2. In some investment company the manager is preparing to call on a potential new client. The…

A: Given: Outcome P(Outcome) $0 0.8 $1500 0.1 $4000 0.03 $15000 0.07 Sum 1

Q: We know that the probability of Taylor Swift dying her hair bright pink is .50. Given that she has…

A: Probability is the chance of occurrence of a favourable event out of all possible outcomes.

Q: Your company is considering offering 600 employees the opportunity to transfer to its new…

A: There are 300 managers, 400 factory workers and 300 miscellaneous staff. Total number of employees =…

Q: The nursing department of a college surveyed two hundred graduates from their programs about their…

A: Let define the events: A = bachelor's degree B =Working in nursing The known probabilities are,…

Q: Does it pay to ask for a raise? A national survey of heads of households showed the percentage of…

A: Given: The raise was asked by 20% of the men and 64% of the men who asked for a raise received it.

Q: ) A pair of fair dice is thrown 5 times. If getting a doublet (doubles) is considered to be success,…

A: S={ (1,1) (1,2) (1,3) (1,4) (1,5) (1,6)  (2,1) (2,2) (2,3) (2,4) (2,5) (2,6)  (3,1) (3,2) (3,3)…

Q: Pathology     Pediatrics      Psychiatry Male        2950               1380              270…

A: From the given information, the two way table is,   Pathology Pediatrics Psychiatry Total Male…

Q: Bill Borde, top advertising executive for Grapevine Concepts, has just launched a publicity campaign…

A: Let us denote the billboards will be noticed by a motorist by A,B,C,D Given that P(A)=0.75 ,…

Q: f either 15 or 25 for the item, and the probabilities attach to each value is 50%. What is the…

A: x P(x) 15  0.50 25  0.50

Q: t the beginning of each day, a patient in the hospital is classifed into one of the three…

A: Let the conditions good, fair, critical, improved, unimproved and dead be represented as G,F,C,I,U,D

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.