We have a sample of size n = 35, $\bar{x} = 92$ and $s = 5$ . As we want to construct a 95% confidence interval to estimate the value of the true population mean $\mu$ , we should use the pivotal quantity given by $T = \frac{\bar{X}-\mu}{S/\sqrt{n}}$ which comes from the t distribution with n - 1 = 35 - 1 = 34 degrees of freedom. Besides we should use the t-value $t_{\alpha/2} = t_{0.05/2} = t_{0.025} = 2.0322$ , i.e., regarding the t-distribution with 34 degrees of freedom, we have an area of 0.025 above 2.0322 and below the probability density function. The rationale behind this is that $P(-2.0322\leq T\leq 2.0322) = 0.95$ because of the simmetry of the t distribution.

7 0

3 years ago

During a musical, an orchestra is playing. As the music plays, the volume changes at the beginning of the piece can be modeled b

Ivanshal [37]

Answer:

what

Step-by-step explanation:

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5 0

3 years ago

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A roulette wheel has 38 slots, of which 18 are black, 18 are red,and 2 are green. When the wheel is spun, the ball is equally li

Butoxors [25]

Answer:

Step-by-step explanation:

The question says,

A roulette wheel has 38 slots, of which 18 are black, 18 are red,and 2 are green. When the wheel is spun, the ball is equally likely to come to rest in any of the slots. One of the simplest wagers chooses red or black. A bet of $1 on red returns $2 if the ball lands in a red slot. Otherwise, the player loses his dollar. When gamblers bet on red or black, the two green slots belong to the house. Because the probability of winning $2 is 18/38, the mean payoff from a $1 bet is twice 18/38, or 94.7 cents. Explain what the law of large numbers tells us about what will happen if a gambler makes very many betson red.

The law of large numbers tells us that as the gambler makes many bets, they will have an average payoff of which is equivalent to 0.947.

Therefore, if the gambler makes n bets of $1, and as the n grows/increase large, they will have only $0.947*n out of the original $n.

That is as n increases the gamblers will get $0.947 in n places

More generally, as the gambler makes a large number of bets on red, they will lose money.

6 0

3 years ago