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.
Well suppose you find out that numbers you put in your equation and you solved the equation correctly produces the negative number on your bank account it means nothing except - on your bank account.
Answer: 285.2 kg
Step-by-step explanation:
Given
The volume of helium in the balloon is 
The density of the helium is 
Mass of the helium gas is given by the product of density and volume
Thus, the mass of gas is 285.2 kg
0, 1/8, 1/4, 1/2, 1/2, 3/4, 1, 4/3, 3, 3, 7/2, 9, 32/3, 15, hope this helps :)
Answer:
This is a reasonable decision because the sample size has no effect on the 90% confidence interval
Step-by-step explanation:
90% confidence interval
larger sample size = 20
condition : sample mean ( x-bar ) is the same for both samples
<em>This is a reasonable decision because the sample size has no effect on the 90% confidence interva</em>l
<u>from condition 1 :</u>
Amount of drink dispensed is normally distributed with known standard deviation , given a random sample of n drinks and the sample mean at a confidence interval of 90%
<u>for condition 2 :</u>
sample size = 20
mean = 2.25 ( assumed value )
std = 0.15 ( assumed value )
Z = 1.645 ( Z-value )
determine the 90% confidence interval
= mean ± z 
= 2.25 ± 1.645 
= 2.25 ± 0.0335 = ( 2.2835 , 2.2165 )
