For every football game there is a team that is expected to win by a certain number of points. In betting parlance, this is called the spread. If point spreads are accurate, we would expect about half of all games played to result in the favored team winning (beating the spread) and about half of all games to result in the team favored to not beat the spread. The accompanying data represent the results of 45 randomly selected games where a 0 indicates the favored team did not beat the spread and a 1 indicates the favored team beat the spread. Do the data suggest that sport books establish accurate spreads? Click the icon to view the spread results. Because npo (1-Po) hypothesis satisfied. (Round to one decimal place as needed.) 10, the sample size is *** 5% of the population size, and the sample the requirements for testing the

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.2: Introduction To Probability
Problem 52E
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Spread Results
ого
1
О
0
0
гоо
0
0
0
1
0
1
0
1
1
оо
0
1
1
О
0
Ог
1
0
1
1
1
О
1
ооогггого
-
X
Transcribed Image Text:Spread Results ого 1 О 0 0 гоо 0 0 0 1 0 1 0 1 1 оо 0 1 1 О 0 Ог 1 0 1 1 1 О 1 ооогггого - X
For every football game there is a team that is expected to win by a certain number of points. In betting parlance, this is called the spread. If point spreads are accurate, we would expect about half of all
games played to result in the favored team winning (beating the spread) and about half of all games to result in the team favored to not beat the spread. The accompanying data represent the results of
45 randomly selected games where a 0 indicates the favored team did not beat the spread and a 1 indicates the favored team beat the spread. Do the data suggest that sport books establish
accurate spreads?
Click the icon to view the spread results.
Because npo (1-Po):
hypothesis
satisfied.
(Round to one decimal place as needed.)
=
10, the sample size is
5% of the population size, and the sample
A
the requirements for testing the
Transcribed Image Text:For every football game there is a team that is expected to win by a certain number of points. In betting parlance, this is called the spread. If point spreads are accurate, we would expect about half of all games played to result in the favored team winning (beating the spread) and about half of all games to result in the team favored to not beat the spread. The accompanying data represent the results of 45 randomly selected games where a 0 indicates the favored team did not beat the spread and a 1 indicates the favored team beat the spread. Do the data suggest that sport books establish accurate spreads? Click the icon to view the spread results. Because npo (1-Po): hypothesis satisfied. (Round to one decimal place as needed.) = 10, the sample size is 5% of the population size, and the sample A the requirements for testing the
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