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Use the following information to answer the question. Lambda olive oil is touted as the "World's most expensive olive oil." A twelve ounce bottle typically costs fifty dollars or more. In a blind taste test, a group of food experts tasted three premium olive oils, one of which was Lambda olive oil. When asked to pick the Lambda olive oil, 84 got it right and 87 got it wrong. If this group were just guessing, how many people (out of 171) would be expected to guess correctly?

Use the following information to answer the question. Lambda olive oil is touted as the "World's most expensive olive oil." A twelve ounce bottle typically costs fifty dollars or more. In a blind taste test, a group of food experts tasted three premium olive oils, one of which was Lambda olive oil. When asked to pick the Lambda olive oil, 84 got it right and 87 got it wrong. If this group were just guessing, how many people (out of 171) would be expected to guess correctly?

MATLAB: An Introduction with Applications
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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Use the following information to answer the question. Lambda olive oil is touted as the "World's most expensive olive oil." A twelve ounce bottle typically costs fifty dollars or more. In a blind taste test, a group of food experts tasted three premium olive oils, one of which was Lambda olive oil. When asked to pick the Lambda olive oil, 84 got it right and 87 got it wrong. If this group were just guessing, how many people (out of 171) would be expected to guess correctly? O 86 57 114 O Not enough information given to calculate expected value.
Transcribed Image Text:Use the following information to answer the question. Lambda olive oil is touted as the "World's most expensive olive oil." A twelve ounce bottle typically costs fifty dollars or more. In a blind taste test, a group of food experts tasted three premium olive oils, one of which was Lambda olive oil. When asked to pick the Lambda olive oil, 84 got it right and 87 got it wrong. If this group were just guessing, how many people (out of 171) would be expected to guess correctly? O 86 57 114 O Not enough information given to calculate expected value.
The following table summarizes the results of a study to determine if job satisfaction is related to pay category. Salaried Hourly Totals 3.50 1310 605 1310 194 1310 Satisfied 200 405 605 What fraction represents the fraction of people in the study who were satisfied with their jobs? 381 1310 Neutral 130 381 511 Dissatisfied 20 174 194 Totals 350 960 1310
Transcribed Image Text:The following table summarizes the results of a study to determine if job satisfaction is related to pay category. Salaried Hourly Totals 3.50 1310 605 1310 194 1310 Satisfied 200 405 605 What fraction represents the fraction of people in the study who were satisfied with their jobs? 381 1310 Neutral 130 381 511 Dissatisfied 20 174 194 Totals 350 960 1310
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