Research Methods for the Behavioral Sciences (MindTap Course List)
5th Edition
ISBN: 9781305104136
Author: Frederick J Gravetter, Lori-Ann B. Forzano
Publisher: Wadsworth Publishing
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Chapter 4.2, Problem 1LO
Describe the major historical
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Suppose you are gambling on a roulette wheel. Each time the wheel is spun, the result is one of the outcomes 0, 1, and so on through 36. Of these outcomes, 18 are red, 18 are black, and 1 is green. On each spin you bet $5 that a red outcome will occur and $1 that the green outcome will occur. If red occurs, you win a net $4. (You win $10 from red and nothing from green.) If green occurs, you win a net $24. (You win $30 from green and nothing from red.) If black occurs, you lose everything you bet for a loss of $6.
a. Use simulation to generate 1,000 plays from this strategy. Each play should indicate the net amount won or lost. Then, based on these outcomes, calculate a 95% confidence interval for the total net amount won or lost from 1,000 plays of the game. (Round your answers to two decimal places and if your answer is negative value, enter "minus" sign.) I worked out the Upper Limit, but I can't seem to arrive at the correct answer for the Lower Limit. What is the Lower Limit?…
Chapter 4 Solutions
Research Methods for the Behavioral Sciences (MindTap Course List)
Ch. 4.2 - Describe the major historical events that helped...Ch. 4.2 - Describe and apply the three ethical principles of...Ch. 4.2 - Describe the major elements of the APA ethical...Ch. 4.3 - Describe the major elements of the APA ethical...Ch. 4.3 - Describe the purpose and responsibilities of the...Ch. 4.4 - Define fraud and explain the safeguards that exist...Ch. 4.4 - Define plagiarism and explain the techniques that...Ch. 4 - Prob. 1ECh. 4 - For each of the following, identify which of the...Ch. 4 - Explain the role of voluntary participation in...
Ch. 4 - Explain the difference between passive and active...Ch. 4 - Explain how the enforcement of confidentiality...Ch. 4 - Describe in your own words the criteria that the...Ch. 4 - Find your colleges IRB guidelines and procedures...Ch. 4 - Summarize the major APA ethical standards...Ch. 4 - Describe how replication protects against fraud...Ch. 4 - Although experiments typically manipulate some...
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- Please solve 6.31 by using the method of sections im stuck and need explanationarrow_forwarda) When two variables are correlated, can the researcher be sure that one variable causes the other? If YES , why? If NO , why? b) What is meant by the statement that two variables are related? Discuss.arrow_forwardSCIE 211 Lab 3: Graphing and DataWorksheetPre-lab Questions:1. When should you use each of the following types of graphs? Fill answers in the table below.Type of Graph Used to showLine graphScatter plotBar graphHistogramPie Chart2. Several ways in which we can be fooled or misled by a graph were identified in the Lab 3Introduction. Find two examples of misleading graphs on the Internet and paste them below. Besure to identify why each graph is misleading. Data Charts:Circumference vs. Diameter for circular objectsDiameter Can 1 (cm) Can 2 (cm) Can 3 (cm)Trial 1Trial 2Trial 3MeanCircumference Can 1 (cm) Can 2 (cm) Can 3 (cm)Trial 1Trial 2Trial 3MeanScatter Plot Graph – Circumference Vs. DiameterIdentify 2 points of the Trendline.Y1 = ________ Y2 = _________X1 = ________ X2 = _________Calculate the Slope of the Trendline = Post-lab Questions:1. Answer the questions below. You will need to use the following equation to answer…arrow_forward
- The U.S. Bureau of Labor Statistics reports that 11.3% of U.S. workers belong to unions (BLS website, January 2014). Suppose a sample of 400 U.S. workers is collected in 2014 to determine whether union efforts to organize have increased union membership. a. Formulate the hypotheses that can be used to determine whether union membership increased in 2014.H 0: p H a: p b. If the sample results show that 52 of the workers belonged to unions, what is the p-value for your hypothesis test (to 4 decimals)?arrow_forwardA company manages an electronic equipment store and has ordered 200200 LCD TVs for a special sale. The list price for each TV is $200200 with a trade discount series of 6 divided by 10 divided by 2.6/10/2. Find the net price of the order by using the net decimal equivalent.arrow_forwardAccording to flightstats.com, American Airlines flights from Dallas to Chicago are on time 80% of the time. Suppose 10 flights are randomly selected, and the number of on-time flights is recorded. (a) Explain why this is a binomial experiment. (b) Determine the values of n and p. (c) Find and interpret the probability that exactly 6 flights are on time. (d) Find and interpret the probability that fewer than 6 flights are on time. (e) Find and interpret the probability that at least 6 flights are on time. (f) Find and interpret the probability that between 4 and 6 flights, inclusive, are on time.arrow_forward
- Show how you get critical values of 1.65, -1.65, and $1.96 for a right-tailed, left- tailed, and two-tailed hypothesis test (use a = 0.05 and assume a large sample size).arrow_forwardSuppose that a sports reporter claims the average football game lasts 3 hours, and you believe it's more than that. Your random sample of 35 games has an average time of 3.25 hours. Assume that the population standard deviation is 1 hour. Use a = 0.05. What do you conclude?arrow_forwardSuppose that a pizza place claims its average pizza delivery time is 30 minutes, but you believe it takes longer than that. Your sample of 10 pizzas has an average delivery time of 40 minutes. Assume that the population standard deviation is 15 minutes and the times have a normal distribution. Use a = 0.05. a. What are your null and alternative hypotheses? b. What is the critical value? c. What is the test statistic? d. What is the conclusion?arrow_forward
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