Answer:
The spinner has 6 equal-sized slices, so each slice has a 1/6 probability of showing up.
I guess that we want to find the expected value in one spin:
number 1: wins $1
number 2: wins $3
number 3: wins $5
number 4: wins $7
number 5: losses $8
number 6: loses $8
The expected value can be calculated as:
Ev = ∑xₙpₙ
where xₙ is the event and pₙ is the probability.
We know that the probability for all the events is 1/6, so we have:
Ev = ($1 + $3 + $5 + $7 - $8 - $8)*(1/6) = $0
So the expected value of this game is $0, wich implies that is a fair game.
Answer:
Thirty-two percent of fish in a large lake are bass. Imagine scooping out a simple random sample of 15 fish from the lake and observing the sample proportion of bass. What is the standard deviation of the sampling distribution? Determine whether the 10% condition is met.
A. The standard deviation is 0.8795. The 10% condition is met because it is very likely there are more than 150 bass in the lake.
B. The standard deviation is 0.8795. The 10% condition is not met because there are less than 150 bass in the lake.
C. The standard deviation is 0.1204. The 10% condition is met because it is very likely there are more than 150 bass in the lake.
D. The standard deviation is 0.1204. The 10% condition is not met because there are less than 150 bass in the lake.
E. We are unable to determine the standard deviation because we do not know the sample mean. The 10% condition is met because it is very likely there are more than 150 bass in the lake
The answer is E.
Answer:
n = 17
Step-by-step explanation:
Assuming
- probability of success (making free throw) does not vary
We have
n = 17 (trials)
p = 0.479
x > 9