what matrix is a result of m x h enter your answer by filling in the boxes enter any fractions as simplified fractions
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The margin of error for a sample proportion is given by
where:
is the z score associated with the confidence level, p is the sample prortion and n is the sample size.
We assume a confidence level of 95%, then
p = 52% = 0.52 and n = 2251
Therefore, margin of error =
The the interval that is likely to contain the true population proportion is between 49.9% and 54.1%.
where:
We assume a confidence level of 95%, then
p = 52% = 0.52 and n = 2251
Therefore, margin of error =
The the interval that is likely to contain the true population proportion is between 49.9% and 54.1%.
Answer:
In the long run, ou expect to lose $4 per game
Step-by-step explanation:
Suppose we play the following game based on tosses of a fair coin. You pay me $10, and I agree to pay you $n^2 if heads comes up first on the nth toss.
Assuming X be the toss on which the first head appears.
then the geometric distribution of X is:
X geom(p = 1/2)
the probability function P can be computed as:
where
n = 1,2,3 ...
If I agree to pay you $n^2 if heads comes up first on the nth toss.
this implies that , you need to be paid
∵ X
geom(p = 1/2)
Given that during the game play, You pay me $10 , the calculated expected loss = $10 - $6
= $4
∴
In the long run, you expect to lose $4 per game