6:17 AM13Lets Check 1 (2).pdf©UMCollege of Arts and Sciences EducationGeneral Education - Mathematics2nd Floor, DPT Building, Matina Campus, Davao CityPhone No.: (082)300-5456/305-0647 Local 134The University of MindanaoLet's CheckSolve each of the following problems completely. Show all your solutions.1. R. H. Bruskin Associates Market Research found that 40% of Americans do not thinkthat having a college education is important to succeed in the business world. If arandom sample of five Americans is selected, find these probabilities.a. Exactly 2 people will agree with that statement.b. At most 3 people will agree with that statement.c. At least 2 people will agree with that statement.d. Fewer than 3 people will agree with that statement.2. Twenty-six percent of couples who plan to marry this year are planning destinationweddings. In a random sample of 12 couples who plan to marry, find the probabilitythata. Exactly 6 couples will have a destination weddingb. At least 6 couples will have a destination weddingc. Fewer than 5 couples will have a destination wedding3. A student takes a 20-question, true/false exam and guesses on each question. Find theprobability of passing if the lowest passing grade is 15 correct out of 20. Would youconsider this event likely to occur? Explain your answer.4. Eighty-five percent of Americans favor spending government money to developalternative sources of fuel for automobiles. For a random sample of 120 Americans,find the mean, variance, and standard deviation for the number who favor governmentspending for alternative fuels.5. Thirty-two percent of adult Internet users have purchased products or services online.For a random sample of 200 adult Internet users, find the mean, variance, and standarddeviation for the number who have purchased goods or services online.

Note: According to Bartleby expert guidelines, we can answer only first question with their three…

Answered: Solve each of the following problems…

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...

See similar textbooks

Similar questions

Charlie buys a one-year term home insurance policy for $p, that will pay $200,000 in the event of a major catastrophe and $35,000 in the event of a minor catastrophe. Charlie's home has a 0.2% chance of a major catastrophe and a 0.7% of a minor catastrophe during the one year term. What did the insurance company charge Charlie for this policy if the company expected to break even?
6. College Education and Business World Success R. H. Bruskin Associates Market Research found that 40% of Americans do not think that having a college education is important to succeed in the business world. If a random sample of five Americans is selected, find these probabilities. a. At most 1 people will agree with that statement. c. At least 4 people will agree with that statement.
Please do question 1f and 1g handwritten
Suppose I flip a fair coin n = 20 times. A psychic tries to predict the outcome before each flip. Three researchers have different ideas about the psychic's ability. There is Sydney, the Skeptic (S), who thinks the psychic's success rate is between 49% and 51%. There is Morgan, the Mark, M, who thinks that the psychic's success rate is 80%. And there is Carter, the Cynic (C), who thinks the psychic's success rate is 10%. Specifically: S+ 0 ~ U(.49, .51) M + 0 = .80 C0 = .10 %3D In all cases, assume the number of successful predictions follows a binomial distribution with success rate 0. Usek for the number of successes and n for the number of trials. Given all that: Determine the formula for the Bayes factor (a.k.a., likelihood ratio) supporting Carter over Morgan. Call that Bayes factor Bc:M Determine the formula for the Bayes factor (a.k.a., likelihood ratio) supporting Morgan over Sydney. Call that Bayes factor BM:S Determine the formula for the Bayes factor (a.k.a., likelihood…
Your car is making a funny noise. You believe that the problem is either with the wheel or the axle, and you believe the probability is 0.3 that the wheel needs to be replaced, and 0.7 that the axle needs to be replaced. You need to decide whether to replace the wheel or the axle first. The cost of each alternative is given in the following table (if you decided to replace the wrong part first, you have to replace both of them). The Wheel is broken p = 0.3 The Axle is broken p = 0.7 Replace Wheel First Replace Axle First 600 1500 1500 900 a) Find the EV of each decision alternative. Which part should you replace first? b) What is the EVPI?
Role-playing games like Dungeons & Dragons use many different types of dice. Suppose that a four-sided die has faces marked 1, 2, 3, and 4. The intelligence of a character is determined by rolling this die twice and adding 1 to the sum of the spots. The faces are equally likely, and the two rolls are independent. What is the average (mean) intelligence for such characters?
At the Washington University 35%, 25% and 40% of the students in Calculus are taught by Prof. A, Prof. B and Prof. C, respectively. The respective probabilities of failing in Calculus for the three professors are 6%, 7% and 5%. A student in Calculus in the previous semester was randomly selected and was found out to have failed in the subject. Under which class most likely did he belong?
Solve the following probabilty problem: Doris and her friend plan to travel to Florida during the winter intersession period. Based upon the past experience they know that the probability that they go by car is 0.4 and the probability that they go by plane is 0.2. What is the probability that they travel to Florida by car or plane only?
Suppose an oil company is thinking of buying some land for $10,000,000. There is a 60%60% chance of economic growth and a 40%40% chance of recession. The probability of discovering oil is 44%44% when there is economic growth and 32%32% when there is a recession. If there is economic growth and the oil company discovers oil, the value of the land will triple. If they do not discover oil, the value of the land will decrease by 10%.10%. If there is a recession and the company discovers oil, the value of the land will increase by 50%.50%. If they do not discover oil, the land will decrease in value by 75%.75%. What is the expected value of the investment? Give your answer to the nearest dollar. Avoid rounding within calculations. $$ Select the correct interpretation of the expected value. The expected value represents what the actual investment value will be for this land purchase of $10,000,000. The company should make the investment because the expected value…
A construction company submitted a bid for a large, public construction project. The company’s management initially felt they had a 50-50 chance of getting the project. However, the department to which the bid was submitted subsequently requested additional information on the bid submitted by this company. Past experience indicates that for 75% of the successful bids but only for 40% of the unsuccessful bids the agency requested such additional information. Question: Given that the construction company was asked for additional information, what is the probability that it will get the project?

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS