CHALLENGE! (Optional) Game of Chance (Lottery) A lotto works by picking 6 numbers from 1- 42 (Combinations of numbers from 1-42 taken 6 at a time produce 5,245,786 number combinations). A ticket costs ₱24.00 to play the lottery. If you win today, you would win 55 million pesos after taxes. If you play the lottery today, what would be your expected winnings or losses?

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A: Solution is given:  

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Q: Rank correlation coefficient between the marks in Mathematics and Statistics obtained by a group of ...

A:

Q: Determine the 70th percentile if the mean score is 170 and the standard deviation is 6.

A: We have given that the mean score is 170 and the standard deviation is 6.

Q: Determine the net  price of an article listed  at  $590 less  37.5%, 12.5%, and  8⅓%

A: Given: Gross price=$590 Net price=Gross Price1+ Tax percentage

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A:

Q: Exercise 2: There are approximately 13,500 taxicab medallions in NYC. The medallion is fixed to a ta...

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A:   We have given that.   X~N( μ , ?^2 )   μ=2.00 , ?=0.19   Z-score =( x - μ )/?  

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A: Solution:

Q: O sample size n = 50; sample proportion p = 0.10 %3D Ho: p = 0.25 На: р< 0.25 'a Z = |-3.53

A: We have given that the sample size n=50, sample proportion p^ = 0.10 The hypotheses: H0: p=0.25 Ha: ...

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A:

Q: Find the quartiles (Q1, Q2, Q3) of the data set shown below:  D ={98, 88, 78, 99, 84, 80, 62, 44, 4...

A: Given: No. of observations, n=12 D 98 88 78 99 84 80 62 44 49 70 33 35

Q: Zipcode 98403 & 98405 Introducing the Scenario Real Estate can be a highly competitive market, and h...

A: Since you have asked multiple questions, we will solve all the questions for the area of zip code 98...

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A: A residual value corresponding to x is the difference of the estimated values from the actual values...

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A:

Q: 7. A recent survey of 500 women indicated that 29% of women over age 55 in the study were widows. Co...

A: Givensample size(n)=500p^=29%=0.29confidence level=90%

Q: Problem 1: Asking Embarrassing Questions, Politely When doing polling, for instance to figure out ho...

A: Given Information: Consider the experiment in which N people are asked whether or not they support a...

Q: You wish to test the following claim (HaHa) at a significance level of α=0.002α=0.002.       Ho:μ=6...

A:

Q: sample has OX = 64 OX = 60 O X = 70 OX = 68

A: Given: In a sample M=72 s=4 z=-2.00  

Q: Assume that the random variable X is normally distributed, with mean u = 47 and standard deviation o...

A:

Q: The random variable X has the following probability distribution.                                  ...

A:  X      1       2      3 P(X) 0.5   0.2    0.3 We select a random sample of size 2 (with replacement...

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Q: P(x) O 0.033 Five males with an X-linked genetic disorder have one child each. The random variable x...

A: Given data is

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A: We have given that the grouped data with the frequency in tabulated form.

Q: Given lo =90, perform a two-tailed t test with a 05 based on a sample ofN 4 scores with a mean of X ...

A: From the given information: hypothesized population mean (μ) = 90 Sample standard deviation (s) = 6....

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A: " Since you have posted a question with multiple sub-parts, we will solve the first three subparts f...

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A:

Q: iven the number of trials and the probability of success, find the mean, standard deviation, and the...

A: We know that  n= number of trials  p= success of probability  q=1 - p X~binomial ( n,p)  

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A: Given: cumulative distribution for the table Number of Bedrooms Percent 0 5% 1 11% 2 29% ...

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Q: aper. 1 What are the characteristics of a t-distribution? (Give at least 3 characteristics).

A: t-distribution: It is defined as the deviation of sample mean from its population mean expressed in ...

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A: If we have to check the effectiveness of certain treatment in cure of certain disease, then we divid...

Q: Jhustine receives 84 or 85 as his grade on his four major subjects. Construct the sampling distribut...

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Q: Problem 1: Asking Embarrassing Questions, Politely When doing polling, for instance to figure out ho...

A: Given Information: Consider the experiment in which N people are asked whether or not they support a...

Q: Find the probability of the Binomials given. 9. In a history class, Colin and Diana both write a mul...

A: See the attachment...............

Q: You must estimate the mean temperature (in degrees Fahrenheit) with the following sampl 39.7 48.2 34...

A: Given data, 39.7,48.2,34.4,37.3,31.1,51.7,34.6,40.4,38.7,28.1,48.1,45.7

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A: Disclaimer: Since you have posted a question with multiple sub-parts, we will solve the first three ...

Q: A population distribution has u = 80 and a = 6. In this distribution a z-score of z = +2.00 identifi...

A:

Q: You wish to test the following claim (HaHa) at a significance level of α=0.005α=0.005.

A: Given, n = 45 96.1, 73.2, 51.7, 48.8, 90.5, 58, 72.3, 81.4, 72.7, 86.4, 84.6, 66.2, 68, 83, 78.1, 8...

Q: test the following claim

A: Here population standard deviation unknown so use t test 

Q: You are considering an investment project with two-year life. Due to the uncertainty in the market, ...

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for yo...

Q: lim x 5x + 6 Example 22. Evaluate 2 X →3 X - 9 |

A: We need to evaluate the given limiting problem

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A: A telemarketer calls individuals at home over the phone and asks them the likelihood that they will ...

Q: Assume that different groups of couples use a particular method of gender selection and each couple ...

A: Given: group of 17 births, n=17 probability of girl, p=0.5  

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A: Normal distribution: A normal distribution is the proper term for a probability bell curve. In a no...

Q: (d) Use the formula for the standard error of the mean to show how to compute the value reported by ...

A: See the attachment...

Q: A random sample of 5 college students is selected and their grades in Mathematics and Physics are fo...

A: