draw the following shape
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Draw a triangle with a 5-cm side that connects angles of 60 degrees and 50 degrees
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STAT2002 Walden University Monty Hall Dilemma and Probability Paper
Consider roulette, a popular game that can be found in most casinos around the world. In the game, a small ball is rolled ...
STAT2002 Walden University Monty Hall Dilemma and Probability Paper
Consider roulette, a popular game that can be found in most casinos around the world. In the game, a small ball is rolled within a spinning wheel that contains differently colored (red, black, and green) and numbered markers (0, 00, and 1–36). Half of the numbers, 1–36, are red and the other half are black. In European versions of the game, there is a 0 that is green, and in American versions, there is a 0 and a 00 that are green. Before the wheel is spun, the players will place their bets on either a color, number, or a combination of both, and each choice presents a different set of odds. For example, placing a bet on an “even” number or on “red” will pay out 1:1. A player can choose to bet on a single number too, with a payout of 35:1. A player could also choose a set of numbers, such as 1–12 for a payout of 2:1. If a player bet $100 for each of these examples and won, the winnings would be $100, $3,500, and $200 respectively.With these payouts, it may seem that the odds are as even for the player as they are the casinos, almost as if it was a fair game. But, someone with an understanding of probability will realize that the casinos have a slight advantage that—if played out time and time again—will always favor the casino and create profits for them. If there were only 36 numbers, the risks would be evenly distributed for most picks, but you must also include the 0 and the 00 into the equation. The odds for the player of a 1:1 bet are not 50/50—they are 47.4% for the player and 52.6% for the casinos for an American style roulette table.In this Discussion, you will examine a well-known statistical problem that represents the concepts of probability and the benefits of how this concept can influence decision making.To prepare for this Discussion: Review this week’s Learning Resources, focusing in particular on the Monty Hall Dilemma and Probability section.Consider your initial thoughts on the Monty Hall dilemma as you are introduced to the concept, and be mindful of how your assumptions might change after you have finished reviewing the resources.Review the Academic Writing Expectations for 2000/3000-Level Courses, provided in this week’s Learning Resources.By Day 3Post a 150- to 225-word (2- to 3-paragraph) explanation of how the Monty Hall dilemma can be applied to management decisions. In your explanation, address the following:Explain your thoughts on the Monty Hall dilemma, including what the correct choice is and why, any challenges you may have faced in accepting the answer, and how your opinion may have changed while reviewing this week’s Learning Resources. For example, do you still have a difficult time accepting the results?Managers often make decisions about problems that have similar amounts of uncertainty as the Monty Hall dilemma. What can this exercise teach them about making decisions under uncertainty, and what would be an example of this lesson in practice in a business environment?To support your response, be sure to reference at least one properly cited scholarly source.Refer to the Week 2 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.Read some of your colleagues’ postings.By Day 5Respond with at least 75 words (1 paragraph) each to two or more of your colleagues’ postings by doing one of the following:Explain any similarities or differences you experienced in how challenging you thought it was to accept the answer or in how your opinion may have changed while reviewing this week’s Learning Resources.Explain whether you agree or disagree with your colleague’s assertion of what lessons can be learned from the Monty Hall dilemma or what an example of this lesson would be in a business environment.
Standard Normal Distribution Assignment
1) Find the area of the indicated region under the standard normal curve.
2) Find the area under the standard normal cur ...
Standard Normal Distribution Assignment
1) Find the area of the indicated region under the standard normal curve.
2) Find the area under the standard normal curve to the left of z = 1.25. (click here for the diagram) https://nationalparalegal.edu/FileDownload.aspx?intFileID=14613) Use the standard normal distribution to find P (-2.25 < z < 0).
4) IQ test scores are normally distributed with a mean of 100 and a standard deviation of 15. An
individualʹs IQ score is found to be 90. Find the z-score corresponding to this value.
5) Find the z-scores for which 90% of the distributionʹs area lies between -z and z.
6) The distribution of room and board expenses per year at a four-year college is normally distributed
with a mean of $5850 and standard deviation of $1125. Random samples of size 20 are drawn from this
population and the mean of each sample is determined. Which of the following mean expenses would
be considered unusual? 7) The amounts of time employees of a telecommunications company have worked for the distributed
with a mean of 5.1 years and a standard deviation of 2.0 years. Random samples of size 18 are drawn
from the population and the mean of each sample is determined. Use the Central Limit Theorem to find
the mean and standard error of the mean of the indicated sampling distribution. 8) A student answers all 48 questions on a multiple-choice test by guessing. Each question has four
possible answers, only one of which is correct. Find the probability that the student gets exactly 15
correct answers. Use the normal distribution to approximate the binomial distribution. 9) If the probability of a newborn child being female is 0.5, find the probability that in 100 births, 55 or
more will be female. Use the normal distribution to approximate the binomial distribution.
10) An airline reports that it has been experiencing a 15% rate of no-shows on advanced reservations.
Among 150 advanced reservations, find the probability that there will be fewer than 20 no-shows. 11) A telemarketer found that there was a 1% chance of a sale from his phone solicitations. Find the
probability of getting 5 or more sales for 1000 telephone calls. 12) Use a standard normal table to find the z-score that corresponds to the 30th percentile.
MTH 245 NVCC Family Finances and Mortgages Questions
It’s excel there’s a page thing for you to use to work the math on and one to actually put everything on
MTH 245 NVCC Family Finances and Mortgages Questions
It’s excel there’s a page thing for you to use to work the math on and one to actually put everything on
9 pages
Statistical Exercises
A maker of energy drinks is considering abandoning can containers and going exclusively to bottles because the sales manag ...
Statistical Exercises
A maker of energy drinks is considering abandoning can containers and going exclusively to bottles because the sales manager believes customers prefer ...
Statistics question/calculation
StatsI need help with this assignment. I submitted once but my calculations were wrong. Can yhou pleas eshow me in excel h ...
Statistics question/calculation
StatsI need help with this assignment. I submitted once but my calculations were wrong. Can yhou pleas eshow me in excel how to calculate? Thanks. You
may assume that these respondents represent a simple random sample of
all potential respondents within the community and that the population
is large enough that application of the finite population correction
would not make an appreciable difference in the results. Item C in the description of the data collection
instrument lists variables 7, 8, and 9, which represent the respondent’s
general attitude toward each of the three shopping areas. Each of these
variables has numerically equal distances between the possible
responses, and for purposes of analysis they may be considered to be of
the interval scale of measurement.a. Determine the point
estimate, then construct the 95% confidence interval for = the average
attitude toward Springdale Mall. What is the maximum likely error in the
point estimate of the population mean?b. Repeat part (a) for and , the average attitudes toward Downtown and West Mall, respectively.Given
the breakdown of responses for variable 26 (sex of respondent),
determine the point estimate, then construct the 95% confidence
interval for = the population proportion of males. What is the maximum
likely error in the point estimate of the population proportion?Given
the breakdown of responses for variable 28 (marital status of
respondent), determine the point estimate, then construct the 95%
confidence interval for = the population proportion in the “single or
other” category. What is the maximum likely error in the point estimate
of the population proportion?
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STAT2002 Walden University Monty Hall Dilemma and Probability Paper
Consider roulette, a popular game that can be found in most casinos around the world. In the game, a small ball is rolled ...
STAT2002 Walden University Monty Hall Dilemma and Probability Paper
Consider roulette, a popular game that can be found in most casinos around the world. In the game, a small ball is rolled within a spinning wheel that contains differently colored (red, black, and green) and numbered markers (0, 00, and 1–36). Half of the numbers, 1–36, are red and the other half are black. In European versions of the game, there is a 0 that is green, and in American versions, there is a 0 and a 00 that are green. Before the wheel is spun, the players will place their bets on either a color, number, or a combination of both, and each choice presents a different set of odds. For example, placing a bet on an “even” number or on “red” will pay out 1:1. A player can choose to bet on a single number too, with a payout of 35:1. A player could also choose a set of numbers, such as 1–12 for a payout of 2:1. If a player bet $100 for each of these examples and won, the winnings would be $100, $3,500, and $200 respectively.With these payouts, it may seem that the odds are as even for the player as they are the casinos, almost as if it was a fair game. But, someone with an understanding of probability will realize that the casinos have a slight advantage that—if played out time and time again—will always favor the casino and create profits for them. If there were only 36 numbers, the risks would be evenly distributed for most picks, but you must also include the 0 and the 00 into the equation. The odds for the player of a 1:1 bet are not 50/50—they are 47.4% for the player and 52.6% for the casinos for an American style roulette table.In this Discussion, you will examine a well-known statistical problem that represents the concepts of probability and the benefits of how this concept can influence decision making.To prepare for this Discussion: Review this week’s Learning Resources, focusing in particular on the Monty Hall Dilemma and Probability section.Consider your initial thoughts on the Monty Hall dilemma as you are introduced to the concept, and be mindful of how your assumptions might change after you have finished reviewing the resources.Review the Academic Writing Expectations for 2000/3000-Level Courses, provided in this week’s Learning Resources.By Day 3Post a 150- to 225-word (2- to 3-paragraph) explanation of how the Monty Hall dilemma can be applied to management decisions. In your explanation, address the following:Explain your thoughts on the Monty Hall dilemma, including what the correct choice is and why, any challenges you may have faced in accepting the answer, and how your opinion may have changed while reviewing this week’s Learning Resources. For example, do you still have a difficult time accepting the results?Managers often make decisions about problems that have similar amounts of uncertainty as the Monty Hall dilemma. What can this exercise teach them about making decisions under uncertainty, and what would be an example of this lesson in practice in a business environment?To support your response, be sure to reference at least one properly cited scholarly source.Refer to the Week 2 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.Read some of your colleagues’ postings.By Day 5Respond with at least 75 words (1 paragraph) each to two or more of your colleagues’ postings by doing one of the following:Explain any similarities or differences you experienced in how challenging you thought it was to accept the answer or in how your opinion may have changed while reviewing this week’s Learning Resources.Explain whether you agree or disagree with your colleague’s assertion of what lessons can be learned from the Monty Hall dilemma or what an example of this lesson would be in a business environment.
Standard Normal Distribution Assignment
1) Find the area of the indicated region under the standard normal curve.
2) Find the area under the standard normal cur ...
Standard Normal Distribution Assignment
1) Find the area of the indicated region under the standard normal curve.
2) Find the area under the standard normal curve to the left of z = 1.25. (click here for the diagram) https://nationalparalegal.edu/FileDownload.aspx?intFileID=14613) Use the standard normal distribution to find P (-2.25 < z < 0).
4) IQ test scores are normally distributed with a mean of 100 and a standard deviation of 15. An
individualʹs IQ score is found to be 90. Find the z-score corresponding to this value.
5) Find the z-scores for which 90% of the distributionʹs area lies between -z and z.
6) The distribution of room and board expenses per year at a four-year college is normally distributed
with a mean of $5850 and standard deviation of $1125. Random samples of size 20 are drawn from this
population and the mean of each sample is determined. Which of the following mean expenses would
be considered unusual? 7) The amounts of time employees of a telecommunications company have worked for the distributed
with a mean of 5.1 years and a standard deviation of 2.0 years. Random samples of size 18 are drawn
from the population and the mean of each sample is determined. Use the Central Limit Theorem to find
the mean and standard error of the mean of the indicated sampling distribution. 8) A student answers all 48 questions on a multiple-choice test by guessing. Each question has four
possible answers, only one of which is correct. Find the probability that the student gets exactly 15
correct answers. Use the normal distribution to approximate the binomial distribution. 9) If the probability of a newborn child being female is 0.5, find the probability that in 100 births, 55 or
more will be female. Use the normal distribution to approximate the binomial distribution.
10) An airline reports that it has been experiencing a 15% rate of no-shows on advanced reservations.
Among 150 advanced reservations, find the probability that there will be fewer than 20 no-shows. 11) A telemarketer found that there was a 1% chance of a sale from his phone solicitations. Find the
probability of getting 5 or more sales for 1000 telephone calls. 12) Use a standard normal table to find the z-score that corresponds to the 30th percentile.
MTH 245 NVCC Family Finances and Mortgages Questions
It’s excel there’s a page thing for you to use to work the math on and one to actually put everything on
MTH 245 NVCC Family Finances and Mortgages Questions
It’s excel there’s a page thing for you to use to work the math on and one to actually put everything on
9 pages
Statistical Exercises
A maker of energy drinks is considering abandoning can containers and going exclusively to bottles because the sales manag ...
Statistical Exercises
A maker of energy drinks is considering abandoning can containers and going exclusively to bottles because the sales manager believes customers prefer ...
Statistics question/calculation
StatsI need help with this assignment. I submitted once but my calculations were wrong. Can yhou pleas eshow me in excel h ...
Statistics question/calculation
StatsI need help with this assignment. I submitted once but my calculations were wrong. Can yhou pleas eshow me in excel how to calculate? Thanks. You
may assume that these respondents represent a simple random sample of
all potential respondents within the community and that the population
is large enough that application of the finite population correction
would not make an appreciable difference in the results. Item C in the description of the data collection
instrument lists variables 7, 8, and 9, which represent the respondent’s
general attitude toward each of the three shopping areas. Each of these
variables has numerically equal distances between the possible
responses, and for purposes of analysis they may be considered to be of
the interval scale of measurement.a. Determine the point
estimate, then construct the 95% confidence interval for = the average
attitude toward Springdale Mall. What is the maximum likely error in the
point estimate of the population mean?b. Repeat part (a) for and , the average attitudes toward Downtown and West Mall, respectively.Given
the breakdown of responses for variable 26 (sex of respondent),
determine the point estimate, then construct the 95% confidence
interval for = the population proportion of males. What is the maximum
likely error in the point estimate of the population proportion?Given
the breakdown of responses for variable 28 (marital status of
respondent), determine the point estimate, then construct the 95%
confidence interval for = the population proportion in the “single or
other” category. What is the maximum likely error in the point estimate
of the population proportion?
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