Potential partners for a dance-distribution and parameters

Assignment Help Game Theory
Reference no: EM1391251

You randomly call friends who could be potential partners for a dance. You think that they all respond to your requests independently of each other, and you estimate that each one s 7% likely to accept your request. Let X denote the number of calls to successfully get a date.

a) What are the distribution and parameters of X?

b) How many calls do you expect to make to get a date?

c) What is the probability you get a date on the 12th call?

d) What is the probability it takes you at least 10 calls to get a date?

e) What is the probability it takes you no more than 15 calls to get a date?

f) Given you've already called 8 people and still do not have a date, what is the probability it will take less than 14 calls?

Reference no: EM1391251

Questions Cloud

Determine what information senior management will want : Determine what information senior management will want from the planning and consulting department and why
Level of confidence and sample size : I'm trying to determine what happens to the sample size if the level of confidence is reduced from 95% to 90% but the allowable error and the standard deviation remain
Charge of development for your housing nonprofit : Charge of development for your housing nonprofit and assuming that your non-profit is risk-neutral, which grant should you apply for
Why cshp significant for community health : What is meant by CSHP, and why is it so significant for community health? Write down some things that we can do as healthcare managers to support effective school health programming?
Potential partners for a dance-distribution and parameters : You randomly call friends who could be potential partners for a dance. You think that they all respond to your requests independently of each other, and you estimate that each one s 7% likely to accept your request. Let X denote the number of call..
Now suppose he says that if he is optimistic about success : Now suppose he says that if he is optimistic about the success of one project, he is likely to be optimistic about the others as well. For you simulation, this means that if on probability increases
Interpreting standard deviation : Your workplace reduces all workplace scores on particular employee aptitude test in z-scores which are placed in district-wide distribution of scores.
How attitude of church towards death penalty changed : Ensure you have introduction to your paper which tells the bit more about trajectory of paper as a whole. For example, how has attitude of Church towards death penalty changed over the years.
Illustrate what management challenges might cause shoes : Illustrate what management challenges might cause Shoes with Soul to stumble? Explain two or three steps which Richard and Renee could take to avoid these stumbling blocks and guide their new trade to success.

Reviews

Write a Review

Game Theory Questions & Answers

  Compute the complete payoff table

Company A and B are battling for market share in two separate markets. Market I is worth $30  million in revenue; market II is worth $18 million.

  Probability of getting a successful serve

A certain tennis player makes a successful first serve 75% of the time. Assume that each serve is independent of the others. If she serves 5 times, what's the probability she gets:

  State the null and alternative hypotheses

Does this indicate that the percentage has increased from that of previous studies? Test at the 5% level of significance.

  Probability of choosing colored balls

Assume that there are 10 pencils available of each color, and different children are allowed to choose the same color.

  Probability that a randomly chosen person be hypnotizable

A famous hypnotist performs to a crowd of 350 students and 180 non-students. The hypnotist knows from previous experience that one half of the students and two third on the non-students are hypnotizable. What is the probability that a randomly cho..

  Probability that the marble is white or black

A jar contains four white marbles, five red marbles, and six black marbles. If a marble were selected at random, what is the probability that it is white or black?

  Student with phone take risk than students with no phone

A recent study by Ohio State University (March 5, 2008) suggests that students with cell phones may take more risks than students that do not have cell phones.

  Determining nash equilibrium

Firm A and Firm B are the only competitors in market. Each has to decide what price to set for its product. Once prices are set, they cannot be changed for year. Both companies set prices at the same time.

  Explain prisoner dilemma game

The given matrix demonstrate the payoffs for an advertising game between Hilton and the Oriental. The companies can choose to advertise or to not advertise.

  List the null and alternate hypotheses

One airport had 28% late arrivals. After a new directing system was installed, a sample of 1200 flights had 322 late arrivals. At the .01 level, did the new system lower the rate of late arrivals? List the null and alternate hypotheses.

  Percentages in bold are either a statistic or parameter

A telemarketing firm in a certain city uses a device that dials residential telephone numbers in that city at random. Of the first 100 numbers dialed, 51% are unlisted. This is not surprising because 48% of all residential phone numbers in this ci..

  Critical value and test statistic

A light-bulb manufacturer advertises that the average life for its light bulbs 900 hours. A random sample of 10 of its light bulbs resulted in the following lives in hours. At the 10% significance level, do the data provide evidence that the mean ..

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