Payoff of three Acts A, B, C and D and thestates of nature P, Q, R areStates of naturePayoffsActsAв- 35120- 100Q250- 350200R550650700The probability of the states of nature are 0.5, 0.1 and 0.4 respectively. Tabulate the ExpectedMonetary values for the above data and state which can be chosen as the best act ?

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Answered: Payoff of three Acts A, B, C and D and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Problem A particular concentration of a chemical found in polluted water has been found to be lethal to 20% of the fish that are exposed to the concentration for 24 hours. Twenty fish are placed in a tank containing this concentration of chemical in water. a Find the probability that exactly 14 survive. b Find the probability that at least 10 survive. e Find the probability that at most 16 survive. d Find the mean and variance of the number that survive. Step-by-step solution 100% (34 ratings) for this solution Step 1/7 From the given information, et y be the number of survive fishes in 24 hours. H Add Huggies To Your Cart-y Butt HUGGIES P Show all steps AdChoices
K 7 The probability that a bachelor's degree recipient in 2014 majored in biology is 20 Set-up an equation to find the odds of the event occurring. P(E) P (E') 20 20 (Type whole numbers.) .. 6 The odds of a bachelor's degree recipient in 2014 majoring in biology occurring are (Type whole numbers.) Find the odds of the event occurring. to
Contingency Tables and Conditional Probability: Homework and Passing a Course A teacher categorized students by whether they regularly completed their homework (or not) and whether they passed the course (or not). The data are in the table below. Passed the Course Did not Pass the Course Total % Completed HW 23 5 28 % Did not Complete HW 7 A student from the class is randomly selected. Determine the following probabilities. Enter your results as percents rounded to two decimal places. What is the probability a student completed the HW? 14 21 % Total 30 19 49 What is the probability a student passed the course and did not complete the HW? What is the probability a student did not pass the course or completed the HW? What is the probability a student passed the course given that they completed the HW?
Contingency Tables and Conditional Probability: Homework and Passing a Course A teacher categorized students by whether they regularly completed their homework (or not) and whether they passed the course (or not). The data are in the table below. Did not Complete HW Completed HW 26 Total Passed the Course 33 Did not Pass the Course 18 24 Total 32 25 57 A student from the class is randomly selected. Determine the following probabilities. Enter your results as percents rounded to two decimal places. What is the probability a student passed the course? What is the probability a student passed the course or completed the HW? What is the probability a student passed the course and completed the HW? What is the probability a student completed their homework given that they passed the course? Question Help: Written Example Message instructor Submit Question Jump to Answer 43,324 MAR tv 8. HELLO R
Lesson 10 Q7 Calculate the expected value from the following probability distribution.
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K w an example Get more help. **** - Use the data in the following table, which lists drive-thru order accuracy at popular fast food chains. Assume that orders are randomly selected from those included in the table. Drive-thru Restaurant D A B C D 340 277 242 136 Order Accurate Order Not Accurate 35 52 30 20 If one order is selected, find the probability of getting food that is not from Restaurant A 7 X The probability of getting food that is not from Restaurant A is (Round to three decimal places as needed.) H 1 # 3 80 E D C $ 4 FA R F % 5 V T G 1 N 6 B MacBook Air Y r H & 7 U N √ 8 J I N M (U) ( 9 K More 8 ** O O L F18 P Clear all command > : ; e ww t { + Check answer ? option G 11 I 1 1 delete V
Contingency Tables and Conditional Probability: Homework and Passing a Course A teacher categorized students by whether they regularly completed their homework (or not) and whether they passed the course (or not). The data are in the table below. Completed Homework Did not Complete Homework Passed the Course Did not Pass the Course Total % 26 4 30 A student from the class is randomly selected. Determine the following probabilites. Enter your results as percents rounded to two decimal places. What is the probability a student passed the course given that they completed their homework? % 5 14 19 What is the probability a student passed the course given that they didn't complete their homework? % Total 31 18 49 % What is the probability a student completed their homework given that they passed the course? Submit Question What is the probability a student didn't complete their homework given that they didn't pass the course?

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