1. Amy’s birthday is on December 6. What is the probability that at least one of...

1. Amy’s birthday is on December 6. What is the probability that at least one of the 40 students in ST 421/521 has the same birthday as Amy? (Provide a numerical expression, but don’t attempt to simplify. Assume there are 365 days in every year.)

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orchestra answered 1 year ago

Amy’s birthday is on December 6. What is the probability that at least one of the...

Amy’s birthday is on December 6. What is the probability that at least one of the 40 other students has the same birthday as Amy? (Provide a numerical expression, but don’t attempt to simplify. Assume there are 365 days in every year.)

1) What is the probability of having every bin filled with at least one ball if...

1) What is the probability of having every bin filled with at least one ball if n balls are distributed randomly in to m bins ? Do all case m < n, m = n , m > n

1. Birthday Problem. In a group of 10 students, what is the probability that a. Nobody...

1. Birthday Problem. In a group of 10 students, what is the probability that a. Nobody has birthday on the same date b. At least two have same birthday c. Exactly two have same birthday d. Exactly three have same birthday e. Two or three have same birthday f. At most three have same birthday

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Amy’s income is $ 10,000 and she is risk averse. The probability of someone slipping on her sideway is 1/8. If this happens, she will be sued for $5,000 and will have to pay that amount. She can purchase insurance at a price of $0.2 per dollar of coverage. Show how the equilibrium amount of insurance coverage is determined. If her utility of money is given as U=m0.5, where m is the money amount in a particular state, calculate the...

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What is birthday paradox?Explain with it an example.what is the probability of finding a collision for an ideal 60 bit hash function?what is the main reason for this probability?

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Problem 4. What is the probability that a five card poker hand contains at least one...

Problem 4. What is the probability that a five card poker hand contains at least one ace? Problem 5. What is the probability that a five card poker hand contains two pairs? (two of each of two different kinds, and a fifth card of a third kind) Problem 6. Suppose that 100 people enter a contest and that different winners are selected at random for first, second, and third prizes. What is the probability that Michelle wins one of these...

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