Sam counted Out Loud by 6's Jorge counted Out Loud by 8s what are the first three numbers both Sam and George said
1 answer:
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Answer:
Step-by-step explanation:
a) H0:
Ha:
(Two tailed test at 5% significance level)
b) n=30
Mean difference =
Std error of mean =
b) Test statistic t = mean diff/std error = -1.552
df = 30-1 =29
p value=0.0657
c) Since p > 0.05 our signi. level, we accept null hypothesis.
There is no significant difference between the means.
d) Using critical value we find that test statistic is > critical value left
So accept H0
Answer:
Loss of $1.20
Step-by-step explanation:
The possible outcomes for this lottery and their probabilities are:
- a 1 in 100 chance of winning $450
- a 2 in 100 chance of winning $120
- a 4 in 100 chance of winning $30
- a 93 in 100 chance of losing $10
Therefore, the expected value of this lottery when buying one ticket is:
Therefore, you are expected to lose $1.2 per ticket.