Mathematics, 02.12.2021 14:00 10040816
You decide to spend the weekend gambling with some friends. You all bet on the game. If your spread of the score is closest you make $150. You and 19 of your friends each contribute $10. Create a probability distribution showing net payoff.
What is your expected payoff?
If you each contributed $25, how would this change the net payoff?
Answers: 1
Mathematics, 22.06.2019 05:00, potato3999
Amanufacturing firm has been averaging 16.8 orders per week for several years. however, during a recession, orders appeared to slow. suppose the firm’s production manager randomly samples 31 weeks and finds an average of 15.6 orders with a standard deviation of 2.3 orders. using a 0.025 significance level, test whether the mean number of orders has decreased. type the full 5 step procedure into the answer box, then for multiple choice practice, answer the following: 1. what is the name and symbol of the parameter that you are testing? 2. what is the symbol and value of the point estimate of that parameter? 3. what distribution are you using to test this parameter? 4. what is the critical value? 5. what is the test statistic value? 6. what is the p-value?
Answers: 2
Mathematics, 22.06.2019 05:30, SRTBANDIT6045
Stefan's sculpture is 7/12 foot tall. he attaches it to a base that is 1/3 foot tall. how tall, in feet, is the sculpture with the base?
Answers: 2
You decide to spend the weekend gambling with some friends. You all bet on the game. If your spread...
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