When it comes to casino games, the odds of winning at blackjack are better than the odds of winning at roulette or slots. You ask a random sample of Council Bluffs gamblers about their favorite casino game and whether or not they have ever passed a college-level statistics class. The data are summarized in the table below. Is an understanding of statistics and probability related to favoring games with better odds? ***Conduct a significance test at alpha =.05 and, in step five, calculate the appropriate measures of association if appropriate and write a paragraph summarizing your results. Favorite Casino Game by Experience in Statistics     Passed a Statistics Class?   Favorite Game Yes

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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When it comes to casino games, the odds of winning at blackjack are better than the odds of winning at roulette or slots. You ask a random sample of Council Bluffs gamblers about their favorite casino game and whether or not they have ever passed a college-level statistics class. The data are summarized in the table below.

Is an understanding of statistics and probability related to favoring games with better odds?

***Conduct a significance test at alpha =.05 and, in step five, calculate the appropriate measures of association if appropriate and write a paragraph summarizing your results.

Favorite Casino Game by Experience in Statistics

 

 

Passed a Statistics Class?

 

Favorite Game

Yes

No

 

Blackjack

69 19

 

Roulette

27 34

 

Slots

43 75

 

Step 1:

Step 2: Write in symbols and then a sentence for each hypothesis. 

Step 3:With an alpha of .05, using the chi square sampling distribution, what is your critical score? 

Step 4: Throughout calculations and for the final answer, round to two decimals. Must show work

Step 5: Write a paragraph summarizing your results that includes all 7 components (e.g., rejection decision, phi or cramer's v, lambda, column percentages), as discussed in the audio lectures/power points. Must show work calculating measures of association

 

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