Essentials of Statistics; MathXL Valuepack Access Card (6-months) (5th Edition)
5th Edition
ISBN: 9780133954982
Author: Mario F. Triola
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 4.2, Problem 45BB
a.
To determine
To find: The net profit that was made from a bet of $2 on Super saver.
b.
To determine
To find: The payoff odds against a Super saver win.
c.
To determine
To find: The actual odds against wining.
d.
To determine
To find: The worth of a $2 win return after the Super saver win.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Suppose that 60 percent of families own a pet. You randomly sample four families. What is the chance that two or three of them own a pet?
If 40 percent of university students purchase their textbooks online, in a random sample of five students, what’s the chance that exactly one of them purchased their textbooks online?
A stoplight is green 40 percent of the time. If you stop at this light eight random times, what is the chance that it’s green exactly five times?
Chapter 4 Solutions
Essentials of Statistics; MathXL Valuepack Access Card (6-months) (5th Edition)
Ch. 4.2 - Florida Lottery Let A denote the event of placing...Ch. 4.2 - Probability Given that the following statement is...Ch. 4.2 - Interpreting Weather While this exercise was being...Ch. 4.2 - Subjective Probability Estimate the probability...Ch. 4.2 - Prob. 5BSCCh. 4.2 - Prob. 6BSCCh. 4.2 - Prob. 7BSCCh. 4.2 - Prob. 8BSCCh. 4.2 - In Exercises 912, assume that 400 births are...Ch. 4.2 - In Exercises 912, assume that 400 births are...
Ch. 4.2 - In Exercises 912, assume that 400 births are...Ch. 4.2 - In Exercises 912, assume that 400 births are...Ch. 4.2 - Traffic Light When arriving at the traffic light...Ch. 4.2 - Weather While this exercise was being created,...Ch. 4.2 - In Exercises 1320, express the indicated degree of...Ch. 4.2 - Pierced Ears Based on a Harris poll, there is a...Ch. 4.2 - SAT Test When making a random guess for an answer...Ch. 4.2 - Dice When rolling a pair of dice at the Bellagio...Ch. 4.2 - Statistics Test It is impossible to pass a...Ch. 4.2 - In Exercises 1320, express the indicated degree of...Ch. 4.2 - Pre-Employment Drug Screening Find the probability...Ch. 4.2 - Pre-Employment Drug Screening Hind the probability...Ch. 4.2 - Table 4-1 Pre-Employment Drug Screening Results...Ch. 4.2 - Table 4-1 Pre-Employment Drug Screening Results...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - Struck by Lightning In a recent year, 304 of the...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Using Probability to Identify Unlikely Events. In...Ch. 4.2 - Probability from a Sample Space. In Exercises...Ch. 4.2 - Probability from a Sample Space. In Exercises...Ch. 4.2 - Two Children Exercise 37 lists the sample spice...Ch. 4.2 - Probability from a Sample Space. In Exercises...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - In Exercises 2532, find the probability and answer...Ch. 4.2 - Prob. 43BBCh. 4.2 - Finding Odds in Roulette A roulette wheel has 38...Ch. 4.2 - Prob. 45BBCh. 4.2 - Prob. 46BBCh. 4.2 - Relative Risk and Odds Ratio In a clinical trial...Ch. 4.3 - Complements What is wrong with the expression?...Ch. 4.3 - Casino Craps A gambler plans to play the casino...Ch. 4.3 - Disjoint Events For a Gallup poll, M is the event...Ch. 4.3 - Rule of Complements One form of the rule of...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Determining Whether Events Are Disjoint. For...Ch. 4.3 - Whatever A Marist poll survey showed that 47% of...Ch. 4.3 - Online Courses According to the National...Ch. 4.3 - Flirting Survey In a Microsoft Instant Messaging...Ch. 4.3 - Finding Complements. In Exercises 58, find the...Ch. 4.3 - Drug Screening If one of the test subjects is...Ch. 4.3 - Drug Screening If one of the test subjects is...Ch. 4.3 - Drug Screening If one of the subjects it randomly...Ch. 4.3 - Drug Screening If one of the subjects is randomly...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Dosage Calculations. In Exercises 2126, use the...Ch. 4.3 - Survey Refusals. In Exercises 2732, refer to the...Ch. 4.3 - Survey Refusals. In Exercises 2732, refer to the...Ch. 4.3 - Survey Refusals. In Exercises 2732, refer to the...Ch. 4.3 - Survey Refusals. In Exercises 2732, refer to the...Ch. 4.3 - Prob. 31BSCCh. 4.3 - Survey Refusals. In Exercises 2732, refer to the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - In Exercises 3338, use these results from the...Ch. 4.3 - Gender Selection When analyzing results from a...Ch. 4.3 - Disjoint Events If events A and B are disjoint and...Ch. 4.3 - Exclusive Or The formal addition rule expressed...Ch. 4.3 - Extending the Addition Rule Extend the formal...Ch. 4.3 - Complements and the Addition Rule a. Develop a...Ch. 4.4 - Notation Let R be the event of randomly selecting...Ch. 4.4 - Independent and Dependent Events Are events R and...Ch. 4.4 - Independent and Dependent Events True or false:...Ch. 4.4 - Sample for a Poll There are currently 28,741,346...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Independent and Dependent Events. In Exercises...Ch. 4.4 - Pro-Employment Drug Screening. In Exercises 1316,...Ch. 4.4 - Pre-Employment Drug Screening. In Exercises 1316,...Ch. 4.4 - Pre-Employment Drug Screening. In Exercises 1316,...Ch. 4.4 - Pre-Employment Drug Screening. In Exercises 1316,...Ch. 4.4 - Acceptance Sampling With one method of a procedure...Ch. 4.4 - Acceptance Sampling With one method of a procedure...Ch. 4.4 - Redundancy In Computer Hard Drives It is generally...Ch. 4.4 - Redundancy In Aircraft Radios The FAA requires...Ch. 4.4 - Born on the 4th of July For the following, ignore...Ch. 4.4 - Hiring Employees Assume that Google, Inc. hires...Ch. 4.4 - In Exercises 2326, use these results from the...Ch. 4.4 - In Exercises 2326, use these results from the...Ch. 4.4 - In Exercises 2326, use these results from the...Ch. 4.4 - Prob. 26BSCCh. 4.4 - In Exercises 2730, find the probabilities and...Ch. 4.4 - In Exercises 2730, find the probabilities and...Ch. 4.4 - Prob. 29BSCCh. 4.4 - In Exercises 2730, find the probabilities and...Ch. 4.4 - System Reliability Refer to the figure at the top...Ch. 4.4 - Prob. 32BBCh. 4.5 - Prob. 1BSCCh. 4.5 - Prob. 2BSCCh. 4.5 - Prob. 3BSCCh. 4.5 - Confusion of the Inverse Using the same events A...Ch. 4.5 - Describing Complements. In Exercises 58, provide a...Ch. 4.5 - Describing Complements. In Exercises 58, provide a...Ch. 4.5 - Describing Complements. In Exercises 58, provide a...Ch. 4.5 - Describing Complements. In Exercises 58, provide a...Ch. 4.5 - At Least One Correct Answer If you make random...Ch. 4.5 - At Least One Working Calculator A statistics...Ch. 4.5 - Probability of a Girl Assuming that boys and girls...Ch. 4.5 - At Least One Correct Answer If you make random...Ch. 4.5 - Births in the United States hi the United States,...Ch. 4.5 - Births in China In China, the probability of a...Ch. 4.5 - Car Crashes The probability of a randomly selected...Ch. 4.5 - Cleared Burglaries According 10 FBI data, 12.4% of...Ch. 4.5 - At Least One. In Exercises 5-12, find the...Ch. 4.5 - Compliments at Work Based on a poll conducted...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - In Exercises 19-24, refer to Table 4-1, included...Ch. 4.5 - Identical and Fraternal Twins. In Exercises 25-28,...Ch. 4.5 - Identical and Fraternal Twins. In Exercises 25-28,...Ch. 4.5 - Prob. 27BSCCh. 4.5 - Prob. 28BSCCh. 4.5 - Redundancy in Computer Hard Drives Assume that...Ch. 4.5 - Prob. 30BSCCh. 4.5 - Composite Drug Screening Based on the data in...Ch. 4.5 - Composite Water Samples The Fairfield County...Ch. 4.5 - Prob. 33BBCh. 4.5 - Prob. 34BBCh. 4.6 - Prob. 1BSCCh. 4.6 - Prob. 2BSCCh. 4.6 - California Daily 4 The winning numbers for the...Ch. 4.6 - Selections with Replacement When randomly...Ch. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - Prob. 9BSCCh. 4.6 - Prob. 10BSCCh. 4.6 - Prob. 11BSCCh. 4.6 - Prob. 12BSCCh. 4.6 - Prob. 13BSCCh. 4.6 - Prob. 14BSCCh. 4.6 - Prob. 15BSCCh. 4.6 - Florida Lottery Winning the jackpot in the Florida...Ch. 4.6 - Prob. 17BSCCh. 4.6 - Prob. 18BSCCh. 4.6 - Prob. 19BSCCh. 4.6 - Prob. 20BSCCh. 4.6 - Prob. 21BSCCh. 4.6 - Prob. 22BSCCh. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - Prob. 24BSCCh. 4.6 - Jumble Puzzle Many newspapers carry Jumble, a...Ch. 4.6 - Jumble Puzzle Many newspapers carry Jumble, a...Ch. 4.6 - Prob. 27BSCCh. 4.6 - Prob. 28BSCCh. 4.6 - Electricity When testing for current in a cable...Ch. 4.6 - Prob. 30BSCCh. 4.6 - Prob. 31BSCCh. 4.6 - In Exercises 5-36, express all probabilities as...Ch. 4.6 - Prob. 33BSCCh. 4.6 - Prob. 34BSCCh. 4.6 - Prob. 35BSCCh. 4.6 - Prob. 36BSCCh. 4.6 - Prob. 37BBCh. 4.6 - Prob. 38BBCh. 4.6 - Prob. 39BBCh. 4.6 - Prob. 40BBCh. 4 - A multiple-choice question on a statistics quiz...Ch. 4 - As the author is creating this exercise, a weather...Ch. 4 - Prob. 3CQQCh. 4 - Prob. 4CQQCh. 4 - Estimate the probability that a randomly selected...Ch. 4 - Prob. 6CQQCh. 4 - In Exercises 6-10, use site following results from...Ch. 4 - Prob. 8CQQCh. 4 - In Exercises 6-10, use site following results from...Ch. 4 - Prob. 10CQQCh. 4 - Prison and Plea. In Exercises 1-10, use the data...Ch. 4 - Prison and Plea. In Exercises 1-10, use the data...Ch. 4 - Prob. 3RECh. 4 - Prob. 4RECh. 4 - Prob. 5RECh. 4 - Prob. 6RECh. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prison and Plea. In Exercises 1-10, use the data...Ch. 4 - Prison and Plea. In Exercises 1-10, use the data...Ch. 4 - Prob. 11RECh. 4 - Prob. 12RECh. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 - Prob. 16RECh. 4 - Prob. 17RECh. 4 - Trifecta In horse racing, a trifecta is a bet that...Ch. 4 - Prob. 1CRECh. 4 - Unusual/Unlikely Events a. The mean pulse rate for...Ch. 4 - Prob. 3CRECh. 4 - Prob. 4CRECh. 4 - Sampling Eye Color Based on a study by Dr. P....Ch. 4 - Prob. 6CRECh. 4 - Prob. 7CRECh. 4 - Prob. 1FDDCh. 4 - Prob. 2FDDCh. 4 - Prob. 3FDDCh. 4 - Prob. 4FDDCh. 4 - Prob. 5FDDCh. 4 - Prob. 6FDDCh. 4 - Prob. 7FDDCh. 4 - Critical Thinking: Interpreting medical test...Ch. 4 - Prob. 9FDD
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- If 10 percent of the parts made by a certain company are defective and have to be remade, what is the chance that a random sample of four parts has one that is defective?arrow_forwardQuestion 4 Fourteen individuals were given a complex puzzle to complete. The times in seconds was recorded for their first and second attempts and the results provided below: 1 2 3 first attempt 172 255 second attempt 70 4 5 114 248 218 194 270 267 66 6 7 230 219 341 174 8 10 9 210 261 347 218 200 281 199 308 268 243 236 300 11 12 13 14 140 302 a. Calculate a 95% confidence interval for the mean time taken by each individual to complete the (i) first attempt and (ii) second attempt. [la] b. Test the hypothesis that the difference between the two mean times for both is 100 seconds. Use the 5% level of significance. c. Subsequently, it was learnt that the times for the second attempt were incorrecly recorded and that each of the values is 50 seconds too large. What, if any, difference does this make to the results of the test done in part (b)? Show all steps for the hypothesis testarrow_forwardQuestion 3 3200 students were asked about the importance of study groups in successfully completing their courses. They were asked to provide their current majors as well as their opinion. The results are given below: Major Opinion Psychology Sociology Economics Statistics Accounting Total Agree 144 183 201 271 251 1050 Disagree 230 233 254 227 218 1162 Impartial 201 181 196 234 176 988 Total 575 597 651 732 645 3200 a. State both the null and alternative hypotheses. b. Provide the decision rule for making this decision. Use an alpha level of 5%. c. Show all of the work necessary to calculate the appropriate statistic. | d. What conclusion are you allowed to draw? c. Would your conclusion change at the 10% level of significance? f. Confirm test results in part (c) using JASP. Note: All JASP input files and output tables should be providedarrow_forward
- Question 1 A tech company has acknowledged the importance of having records of all meetings conducted. The meetings are very fast paced and requires equipment that is able to capture the information in the shortest possible time. There are two options, using a typewriter or a word processor. Fifteen administrative assistants are selected and the amount of typing time in hours was recorded. The results are given below: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 typewriter 8.0 6.5 5.0 6.7 7.8 8.5 7.2 5.7 9.2 5.7 6.5 word processor 7.2 5.7 8.3 7.5 9.2 7.2 6.5 7.0 6.9 34 7.0 6.9 8.8 6.7 8.8 9.4 8.6 5.5 7.2 8.4 a. Test the hypothesis that the mean typing time in hours for typewriters is less than 7.0. Use the 1% level of significance. b. Construct a 90% confidence interval for the difference in mean typing time in hours, where a difference is equal to the typing time in hours of word processors minus typing time in hours of typewriter. c. Using the 5% significance level, determine whether there is…arrow_forwardIllustrate 2/7×4/5 using a rectangular region. Explain your work. arrow_forwardWrite three other different proportions equivalent to the following using the same values as in the given proportion 3 foot over 1 yard equals X feet over 5 yardsarrow_forward
- 2. An experiment is set up to test the effectiveness of a new drug for balancing people's mood. The table below contains the results of the patients before and after taking the drug. The possible scores are the integers from 0 to 10, where 0 indicates a depressed mood and 10 indicates and elated mood. Patient Before After 1 4 4 2 3 3 3 6 4 4 1 2 5 6 5 6 1 3 7 4 7 8 6 9 1 4 10 5 4 Assuming the differences of the observations to be symmetric, but not normally distributed, investigate the effectiveness of the drug at the 5% significance level. [4 Marks]arrow_forward3. (i) Consider the following R code: wilcox.test(UK Supermarkets $Salary ~ UKSupermarkets $Supermarket) (a) Which test is being used in this code? (b) What is the name of the dataset under consideration? How would be adapt this code if we had ties? What other command can be used which deals with ties? (ii) Consider the following R code: install packages("nortest") library(nortest) lillie.test (Differences) (a) Assuming the appropriate dataset has been imported and attached, what is wrong with this code? (b) If this code were to be corrected, what would be determined by run- ning it? [3 Marks]arrow_forward1. (i) Explain the difference in application between the Mann-Whitney U test and the Wilcoxon Signed-Rank test, i.e. in which scenarios would each test be used? (ii) What is the main procedure underlying these nonparametric tests? [3 Marks]arrow_forward
- You may need to use the appropriate appendix table or technology to answer this question. You are given the following information obtained from a random sample of 4 observations. 24 48 31 57 You want to determine whether or not the mean of the population from which this sample was taken is significantly different from 49. (Assume the population is normally distributed.) (a) State the null and the alternative hypotheses. (Enter != for ≠ as needed.) H0: Ha: (b) Determine the test statistic. (Round your answer to three decimal places.) (c) Determine the p-value, and at the 5% level of significance, test to determine whether or not the mean of the population is significantly different from 49. Find the p-value. (Round your answer to four decimal places.) p-value = State your conclusion. Reject H0. There is insufficient evidence to conclude that the mean of the population is different from 49.Do not reject H0. There is sufficient evidence to conclude that the…arrow_forward65% of all violent felons in the prison system are repeat offenders. If 43 violent felons are randomly selected, find the probability that a. Exactly 28 of them are repeat offenders. b. At most 28 of them are repeat offenders. c. At least 28 of them are repeat offenders. d. Between 22 and 26 (including 22 and 26) of them are repeat offenders.arrow_forward08:34 ◄ Classroom 07:59 Probs. 5-32/33 D ا. 89 5-34. Determine the horizontal and vertical components of reaction at the pin A and the normal force at the smooth peg B on the member. A 0,4 m 0.4 m Prob. 5-34 F=600 N fr th ar 0. 163586 5-37. The wooden plank resting between the buildings deflects slightly when it supports the 50-kg boy. This deflection causes a triangular distribution of load at its ends. having maximum intensities of w, and wg. Determine w and wg. each measured in N/m. when the boy is standing 3 m from one end as shown. Neglect the mass of the plank. 0.45 m 3 marrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Mod-01 Lec-01 Discrete probability distributions (Part 1); Author: nptelhrd;https://www.youtube.com/watch?v=6x1pL9Yov1k;License: Standard YouTube License, CC-BY
Discrete Probability Distributions; Author: Learn Something;https://www.youtube.com/watch?v=m9U4UelWLFs;License: Standard YouTube License, CC-BY
Probability Distribution Functions (PMF, PDF, CDF); Author: zedstatistics;https://www.youtube.com/watch?v=YXLVjCKVP7U;License: Standard YouTube License, CC-BY
Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License