How much money would the person earn on average

Assignment Help Basic Statistics
Reference no: EM131430844

Probability Problems Exam

For problems 1-10 consider the experiment where two dice are thrown simultaneously. If both die do not have a clear upward facing side, the dice are thrown again. Each dice has six faces, numbered 1-6. Assume that the dice are fair and that each side is equally likely to occur and the dice do not influence each other.

1. What is the probability that the sum of the upward facing sides of both dice is equal to two?

2. What is the probability the sum of the upward facing sides of both dice is equal to three?

3. What is the probability the sum of the upward facing sides of both dice is equal to seven?

4. What is the probability the upward facing sides of the two die are the same?

5. What is the probability the upward facing sides of the two die are different?

6. What is the probability that at least one of the upward facing sides of the dice is a four, five or six?

7. What is the probability that exactly one of the upward facing sides of the dice is a four, five or six?

8. What is the probability that none of the upward facing sides of the dice is a four, five or six?

9. After throwing the two die, you observe that one of them is a six. What is the probability that the second dice is also a six?

10. After throwing the two die, you observe that one of them is a six. What is the probability that the second dice is not a six?

Given the following probabilities, answer questions 11-25, Remember that A is called the complement of A, and p(A) = 1- p(A).

 

A

A

Totals

B

0.18

0.45

0.63

B-

0.24

0.13

0.37

Totals

0.42

0.58

1.00

11. What is the p(A)?

12. What is the p(B)?

13. What is the p(A)?

14. What is the p(A and B)?

15. What is the p(A and B )?

16. What is the p(A and A)?

17. What is the p(A|B)?

18. What is the p(A|B)?

19. What is the p(B|A)?

20. What is p(A| A)?

21. What is the p(A or B)?

22. What is the p(A or A)?

23. What is the p(A and A)?

24. Are A and A independent of each other?

25. Are A and B independent of each other?

For problems 26-30, suppose p(A) = 0.54 and p(B|A) = 0.27 and p(B| A) = 0.68.

26. What is p(A)?

27. What is p(A| B)?

28. What is p(A|)?

29. What is p(B)?

30. Is A independent of B?

For problems 31-35, suppose p(A) = 0.42 and p(B|A) = 0.34 and p(B| A) = 0.34.

31. What is p(A)?

32. What is p(A| B)?

33. What is p(A|)?

34. What is p(B)?

35. What is p(B)?

36. (Bonus Question) Suppose X is the amount of money a person earns in an hour where? p(X = $5) =0.2, p(X =$10) = 0.1, p(X=$15) =0.5 and p(X=$20) = 0.2.

How much money would the person earn on average?

37. (Bonus Question) If the payoff of rolling two dice is the sum of the upper face of the two dice, what is the expected payoff of one roll of the two dice?

Attachment:- Assignment File.rar

Reference no: EM131430844

Questions Cloud

What are some of the ethical dilemmas that can arise : ed on the readings in Chapter 6, what are some of the ethical dilemmas that can arise due to: personal morality/religious beliefs; responsibility priorities; undertaking moral/social issues as part of business operations, etc.
Construct your models as demonstrated in notes and podcasts : Antonio’s Pizza is considering adding hot wings to their menu. Under consideration are two options – Make the wings from scratch with uncle Tony’s secret sauce or Buy the wings frozen and already sauced from an outside supplier. Set up spreadsheet mo..
Earthlings to colonize the planet : Mars rovers have collected enough data to give us a good picture of what the red planet is like. It has CO2, liquid water, strong sun light, and various minerals in the soil. If human decides to bring some earthlings to colonize the planet, what..
Identify which aspects of the law are negative incentives : What behaviour is the Chinese government attempting to promote with these types of incentives? Identify which aspects of the law are negative incentives and which are positive incentives.
How much money would the person earn on average : Suppose X is the amount of money a person earns in an hour where? p(X = $5) =0.2, p(X =$10) = 0.1, p(X=$15) =0.5 and p(X=$20) = 0.2. How much money would the person earn on average
Gene for cystic fibrosis : Cystic fibrosis is an autosomal recessive condition. A couple who are both carriers (heterozygous) for the gene for cystic fibrosis have two children who have cystic fibrosis. N= noncystic fibrosis allele, n= cystic fibrosis allele
Accurate estimate of the number of cell-phone : Review the blog: Cell-Phones Only---Whom Should Polls Call and answer the following questions: How might an organization like Pew Research obtain an accurate estimate of the number of cell-phone only households in the first place? What kind of sample..
About the dividend reinvestment plan : The CEO suggested that tit might be a good idea for the firm to begin a dividend reinvestment plan (DRIP) because he believes that the company is a good investment and that most of the firm’s stockholders would prefer to have their dividends reinvest..
Find confidence interval for the mean weight of all koalas : Researchers believe that if the true mean weight is less than 23 pounds, these animals may be suffering from malnutrition. Is there any evidence to suggest that the koala population is suffering from malnutrition? Justify your answer.

Reviews

len1430844

3/17/2017 5:02:38 AM

I must have a doctoral level expert with probability theory, statistics, and qualitative and quantitative experience. Please confirm. If the payoff of rolling two dice is the sum of the upper face of the two dice, what is the expected payoff of one roll of the two dice?

Write a Review

Basic Statistics Questions & Answers

  What is the probability two trucks in need of repair

A truck without thelp from the truck driver (2hours per truck with the truck drivers help) Assuming M/M1:FCFS/8/8 model: What is the probability of 0,1 or 2 trucks in need of repair at any one time?

  The largest the standard error of the sample percentage

a simple random sample of 80 widgets is drawn from a manufacturing lot of 400 widgets. the widgets in the sample are

  Information about sampling error

There are 4 samples of 40 individuals each interviewed to find out how often they visit a fast food restaurant in the week.

  Find the value of t for the difference between two means

find the value of t for the difference between two means based on an assumption of normality and this information about

  Information regarding poisson random variable

The number of messages sent to a computer bulletin board is a Poisson random variable with a mean of 5 messages per hour.

  Width of ninety five percent confidence interval for mean

For a sample of 138 independent observations from a normal distribution of unknown μ and variance σ 2  = 2.6, the sample mean is 52.3. What is the width of the 95% confidence interval for μ?

  Why can the chi square statistic never be negative

Sketch the approximate shape of the chi-square curve when df = 2 and when df = 100.- Why can the chi-square statistic never be negative?

  A manufacturers quality conrol department is testing the

a manufacturers quality conrol department is testing the number of steel beams that conform to national safety

  Calculate the probability of lot acceptance

A sample of 50 items is to be selected from a batch consisting of 5000 items. The batch will be accepted if the sample contains at most one defective item. Calculate the probability of lot acceptance for p = .01, .02,..., 10, and sketch the OC cur..

  Compute population and variable

Of the adult US population 36% has an allergy. A sample of 1200 randomly selected adults resulted in 33.2% reporting an allergy. Identify the statistic and give its value

  Draw a graph of the density curve

What is the height of the density curve between 0 and 2? Draw a graph of the density curve.- Use your graph from (a) and the fact that probability is area under the curve to find P(Y ≤ 1.6).

  Translate statements into symbolic form- business venture

Translate the following statements into symbolic form using capital letters to represent affirmative English statements.- A necessary condition for a successful business venture is good planning.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd