Bonus incentives. If a salesperson has gross sales of over $600,000 in a year, then he or she is eligible to play the company’s bonus game: A black box contains 1 twenty-dollar bill, 2 five dollar bills, and 1 one-dollar bill. Bills are drawn out of the box one at a time without replacement until a twenty-dollar bill is drawn. Then the game stops. The sales person’s bonus is 1 , 000 times the value of the bills drawn. (A) What is the probability of winning a $26,000 bonus? (B) What is the probability of winning the maximum bonus, $31,000 , by drawing out all bills in the box? (C) What is the probability of the game stopping at the third draw?
Bonus incentives. If a salesperson has gross sales of over $600,000 in a year, then he or she is eligible to play the company’s bonus game: A black box contains 1 twenty-dollar bill, 2 five dollar bills, and 1 one-dollar bill. Bills are drawn out of the box one at a time without replacement until a twenty-dollar bill is drawn. Then the game stops. The sales person’s bonus is 1 , 000 times the value of the bills drawn. (A) What is the probability of winning a $26,000 bonus? (B) What is the probability of winning the maximum bonus, $31,000 , by drawing out all bills in the box? (C) What is the probability of the game stopping at the third draw?
Solution Summary: The author explains how the probability of winning a 26,000 bonus is 0.167.
Bonus incentives. If a salesperson has gross sales of over
$600,000
in a year, then he or she is eligible to play the company’s bonus game: A black box contains 1 twenty-dollar bill, 2 five dollar bills, and 1 one-dollar bill. Bills are drawn out of the box one at a time without replacement until a twenty-dollar bill is drawn. Then the game stops. The sales person’s bonus is
1
,
000
times the value of the bills drawn.
(A) What is the probability of winning a
$26,000
bonus?
(B) What is the probability of winning the maximum bonus,
$31,000
, by drawing out all bills in the box?
(C) What is the probability of the game stopping at the third draw?
2.2, 13.2-13.3)
question: 5 point(s) possible
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The accompanying table contains the data for the amounts (in oz) in cans of a certain soda. The cans are labeled to indicate that the contents are 20 oz of soda. Use the sign test and
0.05 significance level to test the claim that cans of this soda are filled so that the median amount is 20 oz. If the median is not 20 oz, are consumers being cheated?
Click the icon to view the data.
What are the null and alternative hypotheses?
OA. Ho: Medi
More Info
H₁: Medi
OC. Ho: Medi
H₁: Medi
Volume (in ounces)
20.3
20.1
20.4
Find the test stat
20.1
20.5
20.1
20.1
19.9
20.1
Test statistic =
20.2
20.3
20.3
20.1
20.4
20.5
Find the P-value
19.7
20.2
20.4
20.1
20.2
20.2
P-value=
(R
19.9
20.1
20.5
20.4
20.1
20.4
Determine the p
20.1
20.3
20.4
20.2
20.3
20.4
Since the P-valu
19.9
20.2
19.9
Print
Done
20 oz
20 oz
20 oz
20 oz
ce that the consumers are being cheated.
T
Teenage obesity (O), and weekly fast-food meals (F), among some selected Mississippi teenagers are:
Name Obesity (lbs) # of Fast-foods per week
Josh
185
10
Karl
172
8
Terry
168
9
Kamie
Andy
204
154
12
6
(a) Compute the variance of Obesity, s²o, and the variance of fast-food meals, s², of this data. [Must show full work].
(b) Compute the Correlation Coefficient between O and F. [Must show full work].
(c) Find the Coefficient of Determination between O and F. [Must show full work].
(d) Obtain the Regression equation of this data. [Must show full work].
(e) Interpret your answers in (b), (c), and (d). (Full explanations required).
Edit View Insert Format Tools Table
H.w
WI
M
Wz
dy
A
Sindax
Sind ①dlmax
У тах
at 0.75m from A
W=6KN/M L=2
W2 = 9 KN/m
P= 10 KN
B
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