Question

In: Statistics and Probability

1-Look up the requested values using book tables. You may check with a calculator, but enter...

1-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

   Let T denote a t-distribution variable with 14 degrees of freedom. Find:

P(T>1.761)=?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.38

2-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

     Find the normal distribution P VALUE used for a Greater Than one-sided alternative hypothesis test with a test statistic z=2.32.

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

3-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

     Find the standard normal distribution Critical VALUE used for a Less Than one-sided alternative hypothesis test with a 1% significance level.

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

4-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

   Let T denote a t-distribution variable with 25 degrees of freedom. Find:

P(T<-0.684)=?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.38

5-Use a CALCULATOR to compute the below probability.

     Suppose a basketball player hits and average of 60% of his free throws. In a game with 15 independent free throws, what is the probability he makes exactly 12 baskets?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

Solutions

Expert Solution

Let T denote a t-distribution variable with 14 degrees of freedom.

P(T>1.761)=0.05

At 6th coloumn and at df 14,we get 1.761,look upwards at coloumn heading and see for one tail probability and we find this.

2.

Find the normal distribution P VALUE used for a Greater Than one-sided alternative hypothesis test with a test statistic z=2.32.

p value :

P(Z>2.32), Z~N(0,1)under null hypothesis.

=1-P(Z2.32)=1-1-0.9898296=0.01

3.Find the standard normal distribution Critical VALUE used for a Less Than one-sided alternative hypothesis test with a 1% significance level.

The less than critical value is - 2.326

4.

Let T denote a t-distribution variable with 25 degrees of freedom. Find:

P(T<-0.684)=1-P(T>-0.684)=0.25

5.X~Bin(15,0.60)

P(X=12)=0.06


Related Solutions

Question 22 options: Look up the requested values using book tables. You may check with a...
Question 22 options: Look up the requested values using book tables. You may check with a calculator, but enter the table value.    Let T denote a t-distribution variable with 10 degrees of freedom. Find: P(T<1.372)=?
1.Find the following values, using the equations, and then work the problems using a financial calculator...
1.Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain...
use the tables of compound interest to look up the value of the factors. Do not...
use the tables of compound interest to look up the value of the factors. Do not use the interest formulas. Two mutually exclusive alternatives are being considered. Both have lives of 5 years. Alternative 1 has a first cost of $2,500 and annual benefits of $746. Alternative 2 costs $6,000 and has annual benefits of $1,664. The minimum attractive rate of return (MARR) is 8%. Use present worth analysis to determine which alternative should be selected. Use annual cash flow...
Find the following values using the equations and then a financial calculator.
Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Do not round intermediate calculations. Round your answers to the nearest cent.a. An initial $400 compounded for 1 year at 7%.b. An initial $400 compounded for 2 years at 7%c. The present value of $400 due in 1 year at a discount rate of 7%.d. the present value of $400 due in 2 years at a discount rate of 7%
Use the exact values you enter to make later calculations. The set up in the diagram...
Use the exact values you enter to make later calculations. The set up in the diagram below relates to a classic inclined plane problem that is typically solved using free body diagrams and Newton's Second Law of Motion. You will work through this inclined plane problem using Conservation of Mechanical Energy instead. You may ignore friction and assume that the system is initially at rest. (a) If m1 falls down 3.0 m, what is the change in potential energy ?U1...
Exercise A3-20 (Algorithmic) Future Values of an Annuity Use Future Value Tables or your calculator to...
Exercise A3-20 (Algorithmic) Future Values of an Annuity Use Future Value Tables or your calculator to complete the requirements below. On December 31, 2020, you sign a contract to make annual deposits of $5,200 in an investment account that earns 10%. The first deposit is made on December 31, 2020. Required: 1. Calculate what the balance in this investment account will be just after the seventh deposit has been made if interest is compounded annually. Round your answer to the...
make a calculator in C++ or C language that can take up to 5 values at...
make a calculator in C++ or C language that can take up to 5 values at same time
Find the following values, using the equations, and then work the problems using a financial calculator...
Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain...
Find the following values, using the equations, and then work the problems using a financial calculator...
Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain...
Find the following values, using the equations, and then work the problems using a financial calculator...
Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT