Sam’s parents agreed to pay 25 percent of the cost of a new bike if Sam paid the rest. If Sam’s parents paid $65, what was the p
2 answers:
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Answer:
Step-by-step explanation:
Data given and notation
represent the sample mean
represent the standard deviation for the sample
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to determine if the mean is less than 56, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
(1)
t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
Answer:
The probability of you winning is 1/3
No, it is not a fair game
Step-by-step explanation:
The first thing we need to have here is the sample space. This refers to the set of all possible results that can occur from the rolling.
Please check attachment for this
Kindly note that the total number of possible outcomes is 36.
And in the attachment, sums which are divisible by 3 are circled.
The number of circles we can count is 12
Thus, the probability of you winning would be number of circles/total number of outcomes = 12/36 = 1/3
Is it a fair game?
No, it is not
It can only be a fair game if the probability of winning equals probability of losing ( which is 18/36 = 1/2 or 0.5)
