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A gambling machines works in the following way. The player inserts a penny into 1 of 5 slots which are colored Blue, Red, Orange, Yellow & Green corresponding to 5 colored light bulbs. The player can choose which ever colored slot he likes. After the penny has been inserted 1 of the 5 bulbs lights up. If the bulb lit up is the same color as the slot selected by the player, then the player wins and receives from the machine R pennies, where P(R=2)=1/2, P(R=4)=1/4, P(R=6)=3/20, & P(R=8)=P(R=10)=1/20 If the color of the bulb lit up and the slot selected are not the same, the player receives nothing from the machine. In either case the player does not get back the penny that he inserted. Assuming that each of the colors is equally likely to light up and that the machines selects the bulbs at random, determine (c ) the variance of the amount gained by the player from a single try.
Linear regression is a regression methods that models the relationship between a dependent variable independent variables ? X1 i = 1 .........p and a random term . the mod
A machine that fills quart milk cartons is set up to average 32.2 oz per carton, with a standard deviation of 1.2 oz. Assume a normal distribution for all of the cartons filled, wh
This question has multiple parts. Use the following information to answer the questions below: Spatial Ability Test Musical Ability Test Mean 80 74 Standard Deviation 6
Midrange The midrange is the measure of the center that is the value midway between the highest and the lowest values in the original data set. It is found by adding the highes
In a sample of 120 workers in a factory, the mean and standard deviation of wages were Rs. 11.35 and Rs.3.03 respectively. Find the percentage of workers getting wages between Rs.9
how cost classification can helpful for planning, controlling and decision making
How would you journalize this transaction? Purchased used truck for $6,240, paying $3,120 cash and the balance on account.
A. Use the inequality derived for part C question 3; to obtain an inequality required x *CD = 1 to remain stable against DD invaders. Also draw the ROC diagram discussed in class
All Excel output should be copied into a single Word document where you must enter all of your responses to the questions below. Format the document professionally so it flows well
if sales is 6800 and variable costs are 2856 what is the variable cost percentage?
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