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Kitty [74]
3 years ago
11

Suppose you pay $3.00 to roll a fair die with the understanding that you will get back $5.00 for rolling a 1 or a 6, nothing oth

erwise. What is your expected value?
A. $5.00

B. –$1.33

C. $3.00

D. –$3.00
Mathematics
1 answer:
zalisa [80]3 years ago
5 0

Answer:

I would say D

Step-by-step explanation:

I say D because there is only a 2/6 chance of getting the 5 bucks so it's more likely to get no money back and lose the 3 bucks

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Answer:

(0.806, 0.839)

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of \pi, and a confidence level of 1-\alpha, we have the following confidence interval of proportions.

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which

z is the zscore that has a pvalue of 1 - \frac{\alpha}{2}.

Suppose we take a poll (random sample) of 3653 students classified as Juniors and find that 3005 of them believe that they will find a job immediately after graduation.

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99% confidence level

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The lower limit of this interval is:

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The upper limit of this interval is:

\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.823 + 2.575\sqrt{\frac{0.823*0.177}{3653}} = 0.839

The answer is (0.806, 0.839)

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