Question
In: Statistics and Probability
Jeff is a sports fan. He has a wish list to see a 1. baseball, 2....
Jeff is a sports fan. He has a wish list to see a 1. baseball, 2. basketball, and 3. football game this year. Two of his friends independently deicde to buy him tickets to one event. John has a probability of selecting tickets to 1,2, and 3 with a probability 1/5, 2/5, and 2/5. Jason has a probability of selecting tickets to 1, 2, and 3, respectively with probability 4/7, 1/7, 2/7, respectively. What is the probability John and Jason give Jeff a ticket to a different type of sporting event? Given the tickets are to different sporting events, what is the probability the event is baseball?
Solutions
Expert Solution
a) probability John and Jason give Jeff a ticket to a different type of sporting event
=P(john give for 1 and Jason for 2+john give for 1 and Jason for 3+john give for 2 and Jason for 1+john give for 2 and Jason for 3+john give for 3 and Jason for 1+john give for 3 and Jason for 2)
=(1/5)*(1/7)+(1/5)*(2/7)+(2/5)*(4/7)+(2/5)*(2/7)+(2/5)*(4/7)+(2/5)*(1/7)=5/7
b) probability the event is baseball given tickets are to different sporting events
=P(ohn give for 1 and Jason for 2+john give for 2 and Jason for 1+john give for 3 and Jason for 1)/P( difffernt tickets) =((1/5)*(1/7)+(1/5)*(2/7)+(2/5)*(4/7)+(2/5)*(4/7))/(5/7)
=19/25
orchestra answered 2 years agoRelated Solutions
Jeff comes to consult with you about an idea he has. He tells you that he does...
Jeff comes to consult with you about an idea he
has. He tells you that he does not have a lot of cash to
pay but if you help him, he will compensate you with equity in the
company. He talks about a crazy website were individuals
can buy and sell books online, something called “Amazon”. Knowing
that the book industry is a multi-billion-dollar industry, you
agree. Jeff tells you that he needs to form a business entity for
his business idea....
Jeff comes to consult with you about an idea he has. He tells you that he does...
Jeff comes to consult with you about an idea he
has. He tells you that he does not have a lot of cash to
pay but if you help him, he will compensate you with equity in the
company. He talks about a crazy website were individuals
can buy and sell books online, something called “Amazon”. Knowing
that the book industry is a multi-billion-dollar industry, you
agree. Jeff tells you that he needs to form a business entity for
his business idea....
1. Jeff Smith, a 15-year-old boy, has been referred to an orthopedic specialist because he has...
1.
Jeff Smith, a 15-year-old boy, has been referred to an orthopedic
specialist because he has an elevated ALP. Discuss the implication
of an elevated ALP. Review the range of diseases indicated by an
elevated ALP. Evaluate Jeff Smith's situation and describe why he
is seeing an orthopedic physician.
2.
You are reviewing the record of Russ Walker, a 58-year-old man with
a family history of heart disease. He has just been admitted to the
hospital with chest pain. Dr....
Case #1: Tom is an avid collector of sports memorabilia and he has a collection worth...
Case #1: Tom is an avid collector of sports memorabilia
and he has a collection worth $125,000. His cost basis in his
collection is $115,000. Tom is a supporter of the American Cancer
Society as his wife was afflicted with the disease and passed away
3 years ago. Tom is looking to gift to the American Cancer Society
his sports memorabilia collection, and he has asked you the best
way to do so for him to earn the largest deduction...
1. The average time to run a race is 14 minutes. You wish to see if...
1. The average time to run a race is 14 minutes. You wish to see
if a new training regimen will lower the time to run the race.
After doing the training regimen you run the race 35 times and the
average time to run the race now is 13.32 minutes with a standard
deviation of 1.4 minutes. a) At the .05 level did the training
regimen lower the time (note: p value from computer is p = .003) b)...
1. The average time to run a race is 14 minutes. You wish to see if...
1. The average time to run a race is 14 minutes. You wish to see
if a new training regimen will lower the time to run the race.
After doing the training regimen you run the race 35 times and the
average time to run the race now is 13.32 minutes with a standard
deviation of 1.4 minutes.
a) At the .05 level did the training regimen lower the time
(note: p value from computer is p = .003)
b)...
1. A student majoring in Health Sciences with a minor in Sports Medicine wanted to see...
1. A student majoring in Health Sciences with a minor in Sports
Medicine wanted to see if there was a linear relationship between
the height and weight of male professional athletes.
a) Using the equation for the line of best fit determine the weight
of a male professional athlete that is 75 inches tall. If you
cannot determine the answer, please give a reason why.
b) What is the slope? What does it represent in this example? (4
points)
c)...
Jeff has a monthly income of $400, which he spends each month on dinners (which cost...
Jeff has a monthly income of $400, which he spends each month on
dinners (which cost $20 each) and movies. He finds that he
maximizes his utility by spending half his income on dinners and ha
lf on movies. His marginal rate of substitution at this bundle of
goods is 0.4 (measured with dinners on the horizontal axis).
a. Given this information, what is the price of movies?
b. Draw Jeff's budget constraint and indifference curve at this
optimal bundle....
Jeff is a 57-year-old male with a long history of type 1 diabetes. He takes insulin...
Jeff is a 57-year-old male with a long history of type 1
diabetes. He takes insulin to manage his diabetes, but has been
having trouble maintaining steady blood glucose levels over the
last two weeks. Jeff suffered a week-long case of influenza last
month, but is otherwise healthy. This morning, he began vomiting
upon waking. This was followed by extreme abdominal pain and
extreme thirst. He called his endocrinologist, who told him that he
needs to seek emergency care.
1....
(14) 1. The average time to run a race is 14 minutes. You wish to see...
(14) 1. The average time to run a race is 14 minutes. You wish
to see if a new training regimen will lower the time to run the
race. After doing the training regimen you run the race 35 times
and the average time to run the race now is 13.32 minutes with a
standard deviation of 1.4 minutes.
a) At the .05 level did the training regimen lower the time
(note: p value from computer is p = .003)...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Part A. Outline and explain all the VARIABLES and FACTORS that determine valuation and valuation analysis...
- Study the file polygon.h. It contains the header file for a class of regular polygons. Implement...
- what challenges can myths and stereotypes create for american indians?
- Date accuracy is very important because dates are used for discounts, payment terms and many reports....
- How many milliliters of concentrated hydrochloric acid solution (36.0% HCl by mass, density = 1.18 g/mL)...
- How does the rotating membership of the FOMC work? Why does the president of New York's...
- A gym owner is considering opening a location on the other side of town. The new...
ADVERTISEMENT