Statistics: The Art and Science of Learning From Data, Books a la Carte Edition (4th Edition)
4th Edition
ISBN: 9780133860825
Author: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
Publisher: PEARSON
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Textbook Question
Chapter 6.1, Problem 9PB
More Roulette The previous exercise on roulette described two bets: one bet on the single number 23 with winnings of either $350 or - $10 and a different bet on black with winnings of either $10 or - $10. For both types of bets, the expected winning is - $0.53. Which of the two bets has the larger standard deviation? (Hint: Which bet has outcomes that are, on average, further from the mean?) Which bet would you prefer? Explain.
6.8 Roulette A roulette wheel consists of 38 numbers, 0 through 36 and 00. Of these, 18 numbers are red, 18 are black, and 2 are green (0 and 00). You are given $10 and told that you must pick one of two wagers, for an outcome based on a spin of the wheel: (1) Bet $10 on number 23. If the spin results in 23, you win $350 and also get back your $10 bet. If any other number comes up, you lose your $10, or (2) Bet $10 on black. If the spin results in any one of the black numbers, you win $10 and also get back your $10 bet. If any other color comes up, you lose your $10.
- a. Without doing any calculation, which wager would you prefer? Explain why. (There is no correct answer. Peoples’ choices are based on their individual preferences and risk tolerances.)
- b. Find the expected outcome for each wager. Which wager is better in this sense?
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20 km, because
GISS
Worksheet 10
Jesse runs a small business selling and delivering mealie meal to the spaza shops.
He charges a fixed rate of R80, 00 for delivery and then R15, 50 for each packet of
mealle meal he delivers. The table below helps him to calculate what to charge
his customers.
10
20
30
40
50
Packets of mealie
meal (m)
Total costs in Rands
80
235
390
545
700
855
(c)
10.1.
Define the following terms:
10.1.1. Independent Variables
10.1.2. Dependent Variables
10.2.
10.3.
10.4.
10.5.
Determine the independent and dependent variables.
Are the variables in this scenario discrete or continuous values? Explain
What shape do you expect the graph to be? Why?
Draw a graph on the graph provided to represent the information in the
table above.
TOTAL COST OF PACKETS OF MEALIE MEAL
900
800
700
600
COST (R)
500
400
300
200
100
0
10
20
30
40
60
NUMBER OF PACKETS OF MEALIE MEAL
Let X be a random variable with support SX = {−3, 0.5, 3, −2.5, 3.5}. Part ofits probability mass function (PMF) is given bypX(−3) = 0.15, pX(−2.5) = 0.3, pX(3) = 0.2, pX(3.5) = 0.15.(a) Find pX(0.5).(b) Find the cumulative distribution function (CDF), FX(x), of X.1(c) Sketch the graph of FX(x).
Chapter 6 Solutions
Statistics: The Art and Science of Learning From Data, Books a la Carte Edition (4th Edition)
Ch. 6.1 - Rolling dice a. State in a table the probability...Ch. 6.1 - Dental Insurance You plan to purchase dental...Ch. 6.1 - San Francisco Giants hitting The table shows the...Ch. 6.1 - Best of three In a best out of three series played...Ch. 6.1 - Grade distribution An instructor always assigns...Ch. 6.1 - Selling houses Let X represent the number of homes...Ch. 6.1 - Playing the lottery The state of Ohio has several...Ch. 6.1 - Roulette A roulette wheel consists of 38 numbers,...Ch. 6.1 - More Roulette The previous exercise on roulette...Ch. 6.1 - Prob. 10PB
Ch. 6.1 - Profit and the weather From past experience, a...Ch. 6.1 - Buying on eBay You are watching two items posted...Ch. 6.1 - Selling at the right price Some companies, such as...Ch. 6.1 - Uniform distribution A random number generator is...Ch. 6.1 - TV watching A social scientist uses the General...Ch. 6.2 - Probabilities in tails For a normal distribution,...Ch. 6.2 - Probability in graph For the normal distributions...Ch. 6.2 - Empirical rule Verify the empirical rule by using...Ch. 6.2 - Central probabilities For a normal distribution,...Ch. 6.2 - z-score for given probability in tails For a...Ch. 6.2 - Probability in tails for given z-score For a...Ch. 6.2 - z-score for right-tail probability a. For the...Ch. 6.2 - Prob. 23PBCh. 6.2 - Prob. 24PBCh. 6.2 - Prob. 25PBCh. 6.2 - Coffee Machine Suppose your favorite coffee...Ch. 6.2 - Energy use An energy study in Gainesville,...Ch. 6.2 - Birth weight for boys In the United States, the...Ch. 6.2 - MDI The Mental Development Index (MDI) of the...Ch. 6.2 - Quartiles and outliers Refer to the previous...Ch. 6.2 - April precipitation Over roughly the past 100...Ch. 6.2 - Tall enough to ride? A new roller coaster at an...Ch. 6.2 - SAT versus ACT SAT math scores follow a normal...Ch. 6.2 - Relative height Refer to the normal distributions...Ch. 6.3 - Kidney transplants In kidney transplantations,...Ch. 6.3 - Compatible donors Refer to the previous exercise....Ch. 6.3 - Symmetric binomial Construct a graph similar to...Ch. 6.3 - Number of girls in a family Each newborn baby has...Ch. 6.3 - Prob. 39PBCh. 6.3 - Prob. 40PBCh. 6.3 - Passing by guessing A quiz in a statistics course...Ch. 6.3 - NBA shooting In the National Basketball...Ch. 6.3 - Season performance Refer to the previous exercise....Ch. 6.3 - Is the die balanced? A balanced die with six sides...Ch. 6.3 - Prob. 45PBCh. 6.3 - Prob. 46PBCh. 6.3 - Prob. 47PBCh. 6.3 - Checking guidelines For Example 13 on the gender...Ch. 6.3 - Class sample Four of the 20 students (20%) in a...Ch. 6.3 - Prob. 50PBCh. 6.3 - Binomial assumptions For the following random...Ch. 6 - Grandparents Let X = the number of living...Ch. 6 - Straight or boxed? Consider a Pick-3 lottery such...Ch. 6 - Auctioning paintings A collector is interested in...Ch. 6 - Prob. 55CPCh. 6 - Are you risk averse? You need to choose between...Ch. 6 - Flyers insurance An insurance company sells a...Ch. 6 - Normal probabilities For a normal distribution,...Ch. 6 - Prob. 59CPCh. 6 - Prob. 60CPCh. 6 - Quartiles If z is the positive number such that...Ch. 6 - Boys and girls birth weight Exercise 6.28...Ch. 6 - Cholesterol The American Heart Association reports...Ch. 6 - Female heights Female heights in North America...Ch. 6 - Cloning butterflies The wingspans of recently...Ch. 6 - Gestation times For 5459 pregnant women using...Ch. 6 - Used car prices Data from the Web site carmax.com...Ch. 6 - Used car deals Refer to the previous exercise....Ch. 6 - Global warming Suppose that weekly use of gasoline...Ch. 6 - Fast-food profits Macs fast-food restaurant finds...Ch. 6 - Metric height A Dutch researcher reads that male...Ch. 6 - Manufacturing tennis balls According to the rules...Ch. 6 - Brides choice of surname According to a study done...Ch. 6 - Prob. 74CPCh. 6 - Prob. 75CPCh. 6 - Prob. 76CPCh. 6 - Weather A weather forecaster states, The chance of...Ch. 6 - Dating success Based on past experience, Julio...Ch. 6 - Canadian lottery In one Canadian lottery option,...Ch. 6 - Likes on Facebook A large retail chain sends out...Ch. 6 - Likes with online credit The retail chain from the...Ch. 6 - Which distribution for sales? A salesperson uses...Ch. 6 - Best of five Example 2 gave the probability...Ch. 6 - Prob. 84CPCh. 6 - Prob. 85CPCh. 6 - Longest streak made In basketball, when the...Ch. 6 - Airline overbooking For the Boston to Chicago...Ch. 6 - Prob. 89CPCh. 6 - Prob. 90CPCh. 6 - Prob. 91CPCh. 6 - Prob. 92CPCh. 6 - Prob. 93CPCh. 6 - Prob. 94CPCh. 6 - Prob. 95CPCh. 6 - Prob. 96CPCh. 6 - Prob. 97CPCh. 6 - Prob. 98CPCh. 6 - Prob. 99CPCh. 6 - Prob. 100CPCh. 6 - Prob. 101CP
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