S, 25-12. The following table gives the payoffs of three acts A1, A, and A3 and the states ofnature S, Aand S3 along with the probability distribution for various combinations (S; A);i, j= 1 , 2, 3.ActsProbabilitiesStates of NatureA2A3A,A2A310- 10600.650-600-35S22020200-200-250-45S330400 200.150-150-20Calculate and tabulate the EMV for each act and using the EMV criterion, obtain the best act.

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Answered: S 25-12. The following table gives the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Chapter 4 (probability) 13. The table shows the responses from 103 people when asked if they support a proposal to expand the public library. Under the Age 55 or Age of 55 Total Older Yes 17 25 No 42 36 78 Total 59 44 103 One person from those who responded will be selected at random. Which of the following is closest to the probability that the person selected will be someone who responded no, given that the person selected is age 55 or older? (A) 0.350 (C) 0.462 (D) 0.757 (E) 0.818 (B) 0.427 14. You toss a coin 300 times. On average, how many tails do you expect? (C) 150 15. According to the law of large numbers, when observing random trials. (A)0 (B) 100 (D) 200 (E) 300 (A)the fewer trials, the more predictable the long-run average (expected value). (B) the more trials, the more predictable the long-run average (expected value). (C) the fewer trials, the more predictable each outcome becomes. (D)the more trials, the more predictable cach outcome becomes. (E) the result of the…
Questions: #16 #18 #20 #22
A certain style of shoes made by a company comes in blue, red, black, and white. From experience, the company knows the blue shoes are the most popular with 33% of the sales. This is followed by the red and black shoes respectively with sales of 26% and 25% for this style of shoes. The probability is ____________________ that for 10 randomly selected orders that 3 would be for the blue shoes, 2 for the red shoes, 1 for the black shoes, and the remaining orders for the white shoes.
1. Use this table for the following questions: Female Male TotalShort Hair 20 40 60 Long Hair 30 10 40 Total 50 50 100 a. Complete a total probability table.b. Complete a row probability tablec. Complete a column probability table.d. The probability that a student does not have long hair. _________e. The probability that a student is male or has short hair. ________f. The probability that a student is a female and has long hair. _________g. The probability that a student is male, given that the student has long hair. _________h. The probability that a student has long hair, given that the student is male. _________i. Of all the female students, the probability that a student has short hair. ________j. Of all students with long hair, the probability that a student is female. _________k. The probability that a student is female or has long hair.…
ol Year. Q3-Q4 LA. Five hundred students are interviewed about their ways to get to school. The results are summarized in the table. cements Car Other Total sng Middle 124 167 School 5. High School 136 185 12 333 35 Total 223 00S Drive Select all the statements that must be true about a student chosen at random from those interviewed. ry Education Graphing O The probability that the selected student used the bus to get to school under the condition that the student is in middle school is Scientific 000 O The probability that the selected middle school or high school student used a car to get to on 223 school is 000 O The probability that the selected student used a car to get to school or is a middle school student is Tracker 009 O The probability that the selected student used a car or bus to get to school under the condition that the student is in high school is M The probability that the selected student is in middle school under the condition that the SEudent takes the bus to…
1 1 and 4 1 5. Three men at a shooting range have probabilities ; of hitting a bull's eye 3 with one shot. Each man fires one shot. Find, correct to three decimal places, the probability that only one man hits the bull's eye.
#14
There are 13 questions in this set. As you go through these questions, use relevant information from previous questions. A manufactured good has two inputs, X is the price of input #1. Y is the price of input #2. These prices are in dollars. Below is the bivariate probability distribution of the prices of these inputs. The covariance between X and Y is 0.4. You will need the covariance later in this set so remember to come back to this value and use it! What is the probability that the price of input #1 will be its smallest value (10)? One decimal Version 1 10 11 12 0.1 0.1 Y 0.1 0.2 0.2 0.1 0.1 0.1 1234
K Suppose there is a 22.1% probability that a randomly selected person aged 30 years or older is a smoker. In addition, there is a 24.3% probability that a randomly selected person aged 30 years or older is male, given that he or she smokes. What is the probability that a randomly selected person aged 30 years or older is male and smokes? Would it be unusual to randomly select a person aged 30 years or older who is male and smokes? The probability that a randomly selected person aged 30 years or older is male and smokes is Would it be unusual? O Yes O No www (Round to three decimal places as needed.). wew

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