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A casino game consists of a single toss of a fair die and pays as follows: if the die comes up with an odd number, the player is paid that number of dollars (i.e., $1 for rolling a 1, $3 for rolling a 3, and $5 for rolling a 5), and if an even number comes up the player is paid nothing. What fee should the casino charge to play the game to make it exactly fair?
the following information is collected from students upon exiting the campus bookstore during the first week of
The population standard deviation is σ2 = 7. Test that the population means differ using a 1% significance level.
The total losses, say X, divided by the total premiums, say T. The bonus equals (0.5 - L)(T/30) if L
Sarah is a 60 year old Anglo female in reasonably good health. She wants to take out a $50,000 term life insurance policy until she is 65.
Using a MANOVA, try to ascertain which version of the drug (A, B or C) shows the most promise. Perform the following analyses, and paste the SPSS output into your document.1. Exploratory Data Analysis.
you are given the following information obtained from a sample of 5 observations taken from a population that has a
Explain a few of the following on whatever topic you choose: decision tree, decision stragety, probability, forecasting, linear programming as it relates to work, life or interset.
Suppose the population standard deviation is a=25. (The a is actually the funny looking 0 with the line that goes from the top right up at an angle) Compute the standard error of the mean
The number of degrees of freedom for the appropriate chi-square distribution in a test of independence is:
question a political party suspects there are differences in presidential candidate preferences based on age. a
a psychologist develops a new inventory to measure depression.nbsp the population of normal individuals has
a sample of 97 observations indicated that x1 is 87. a second sample of 153 observations indicated that x2 is 117.
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