Answer:
The player should be required to pay $5 to make this a fair game.
Step-by-step explanation:
U ~ Uniform(0, 10)
E[U] = (0 + 10)/2
= 5
X | U ~ Poisson(U)
E[X | U] = U
By law of total probability for expectations,
E[X] = E[E[X|U]] = E[U] = $5
Therefore the player should be required to pay $5 to make this a fair game.
Answer:
124
Step-by-step explanation:
Answer:
3/4
Step-by-step explanation:
2/3= 0.6
1/8= 0.125
3/4= 0.75
<u>I convert the fractions into </u><u>decimals the decimal with the highest number in the tenths place is the biggest </u>
<u>Hope This Helps!</u>
Answer:
. The sales manager gathered information on the numbers of sales calls made and the number of copiers sold for a random sample of sales representative. Is there a positive correlation between calls made and copiers? Test at the 0.05 level of significance. Determine the 90% prediction interval for 60 number of calls made. * Calls, X Sold. Y 20 40 20 50 40 60 50 90 40 80 20 40 40 60 30 60
