Questions
2. Probability (30%). Figure out the probability in thefollowing scenarios.(a) A number generator is...

2. Probability (30%). Figure out the probability in the following scenarios.

(a) A number generator is able to generate an integer in the range of [1, 100], where each number has equal chances to be generated. What is the probability that a randomly generated number x is divisible by either 2 or 3, i.e., P(2 | x or 3 | x)? (5%)

(b) In a course exam, there are 10 single-choice questions, each worthing 10 points and having 4 choices (A, B, C, and D, with only one correct). There is one student, denoted as s, who has learned nothing from the course and hence has to randomly guess the answers. That means for any question, each one of the four choices has equal chances to be picked up by s. What is the probability that s passes the exam (earning a total of ≥ 60 points)? (5%)

(c) Consider three positive integers, x1, x2, x3, which satisfy the inequality below: x1 + x2 + x3 = 17. (1) Let’s assume each element in the sample space (consisting of solution vectors (x1, x2, x3) satisfying the above conditions) is equally likely to occur. For example, we have equal chances to have (x1, x2, x3) = (1, 1, 15) or (x1, x2, x3) = (1, 2, 14). What is the probability the events x1 + x2 ≤ 8 occurs, i.e., P(x1 + x2 ≤ 8 | x1 + x2 + x3 = 17 and x1, x2, x3 ∈ Z+) (Z+ is the set containing all the possible positive integers)? (5%)

(d) There are unlimited fake coins and only one real coin. The fake coins and the real coin are almost the same and can only be detected by a special machine. At the very beginning, there are two coins in a bag, one fake and the other real (but we don’t know which one is real). We continue the following process till the real coin is found: At the each step, we randomly sample one coin from the bag and examine whether it is fake. If yes, we put the coin back to the bag, additionally put in another fake coin, and randomly draw a coin for examination. The sampling process won’t stop until we find the real coin. Assuming that each coin (either fake or real) has equal chances to be selected, what is the probability that we sample 9 times but still cannot find the real coin (and hence has to continue the sampling process)? (5%)

(e) From a random sports news, the probability of observing the word “ball” and “player” is 0.8 and 0.7, respectively. For a non-sports news, the probability to observe “ball” is 0.1, so does that to observe “player”. Let’s assume that in any article, the appearance of any two words (including “ball” and “player”) are independent with each other. Also, the probability of sports news’ occurrences is 0.2. Given a news report x containing both “ball” and “player”, what is the probability that x is a sports news. (10%)

In: Statistics and Probability

Using the following data (already sorted), use a goodness of fit test to test whether it...

Using the following data (already sorted), use a goodness of fit test to test whether it comes from an exponential distribution. The exponential distribution has one parameter, its mean, μ (which is also its standard deviation). The exponential distribution is a continuous distribution that takes on only positive values in the interval (0,). Probabilities for the exponential distribution can be found based on the following probability expression:

.

Use 10 equally likely cells for your goodness of fit test.

Data Display

0.2 0.4 0.5 0.5 0.7 0.8 1.0 1.2 1.2 1.2

1.4 1.5 1.5 1.6 1.7 1.7 1.7 1.8 1.8 1.9

2.0 2.3 2.6 2.7 2.7 2.8 2.8 2.8 2.8 2.8

2.8 2.9 2.9 3.0 3.0 3.0 3.2 3.2 3.2 3.4

3.4 3.5 3.6 3.6 3.7 3.8 3.9 3.9 3.9 4.0

4.1 4.1 4.2 4.3 4.5 4.5 4.5 4.6 4.7 4.8

4.8 4.9 4.9 4.9 5.0 5.0 5.1 5.1 5.1 5.3

5.3 5.3 5.3 5.4 5.4 5.4 5.4 5.5 5.5 5.5

5.6 5.6 5.6 5.7 5.7 5.8 5.8 5.8 5.9 5.9

6.0 6.0 6.2 6.2 6.2 6.3 6.3 6.3 6.3 6.4

6.6 6.6 6.6 6.6 6.7 6.8 6.9 6.9 6.9 7.0

7.0 7.1 7.2 7.3 7.3 7.4 7.5 7.5 7.6 7.6

7.7 7.8 7.8 7.9 8.0 8.0 8.0 8.1 8.1 8.1

8.2 8.3 8.4 8.4 8.4 8.5 8.5 8.6 8.6 8.7

8.7 8.8 9.0 9.1 9.1 9.2 9.3 9.4 9.5 9.6

9.6 9.6 9.8 9.9 9.9 9.9 10.0 10.1 10.2 10.5

10.6 10.7 10.7 10.8 10.9 10.9 11.0 11.0 11.4 11.5

11.7 11.8 11.8 11.9 12.0 12.0 12.1 12.1 12.3 12.3

12.3 12.3 12.6 12.9 13.1 13.3 13.3 13.4 13.5 13.6

13.9 14.0 14.2 14.2 14.3 14.3 14.4 15.0 15.0 15.2

15.6 15.6 15.7 15.7 15.7 15.9 16.0 16.3 16.4 16.5

16.5 16.6 16.6 16.7 17.2 17.3 17.3 17.4 17.7 17.9

18.6 18.8 19.9 19.9 19.9 20.0 20.1 20.3 20.4 21.0

21.3 21.5 22.2 23.3 23.5 23.9 24.3 24.8 25.5 25.5

25.6 25.8 27.5 28.2 30.9 35.7 36.3 37.2 40.9 52.8

Descriptive Statistics:

Variable    N   Mean

Exp?      250 9.974

In: Statistics and Probability

Identify a restaurant or hotel market segment in your community that you feel would be

Identify a restaurant or hotel market segment in your community that you feel would be a good market segment to target. Explain the marketing mix you would put together to go after this market segment.

In: Accounting

Discuss ways an internet site can collect and use information from its visitors.

Discuss ways an internet site can collect and use information from its visitors. You may refer to the site of a hotel, restaurant, club, or a destination marketing organization when answering your question.

In: Accounting

1.Two dice are tossed 432 times. How many times would you expect to get a sum...

1.Two dice are tossed 432 times. How many times would you expect to get a sum of 5?
———-
2.Sam is applying for a single year life insurance policy worth $35,750.00. If the actuarial tables determine that she will survive the next year with probability 0.996, what is her expected value for the life insurance policy if the premium is $433.00 ?

————-
3.A raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of
$6,200.00, 3 prizes of $1,000.00, 4 prize of $92.00, and 12 prizes of $25.00.

————
4.Find the expected value for the random variable:

X 1 3 4 6
P(X) 0.21 0.12 0.23 0.44

————
5.Suppose that from a standard deck, you draw three cards without replacement. What is the expected number of aces that you will draw?

———-
6.Consider 3 trials, each having the same probability of success. Let
X
X
denote the total number of successes in these trials. If E[X]=0.6, find each of the following.
(a) The largest possible value of P{X=3}:
P{X=3}≤

(b) The smallest possible value of P{X=3}:
P{X=3}≥

In this case, give possible values for the remaining probabilities:
P{X=0}=

P{X=1}=

P{X=2}=

————-
7.It is reasonable to model the number of winter storms in a season as with a Poisson random variable. Suppose that in a good year the average number of storms is 5, and that in a bad year the average is 8. If the probability that next year will be a good year is 0.3 and the probability that it will be bad is 0.7, find the expected value and variance in the number of storms that will occur.
expected value =
variance =

———-
8.In a popular tale of wizards and witches, a group of them finds themselves in a room with doors which change position, making it impossible to determine which door is which when the room is entered or reentered. Suppose that there are 4 doors in the room. One door leads out of the building after 3 hours of travel. The second and third doors return to the room after 5 and 5.5 hours of travel, respectively. The fourth door leads to a dead end, the end of which is a 2.5 hour trip from the door.

If the probabilities with which the group selects the four doors are 0.2, 0.1, 0.1, and 0.6, respectively, what is the expected number of hours before the group exits the building?

E[Number of hours]=

———-
9.For a group of 100 people, assuming that each person is equally likely to have a birthday on each of 365 days in the year, compute
(a) The expected number of days of the year that are birthdays of exactly 4 people:
E[days with 4 birthdays]=

(b) The expected number of distinct birthdays:
E[distinct birthdays]=

————
10.Consider 35 independent flips of a coin having probability 0.5 of landing on heads. We say that a changeover occurs when an outcome is different from the one preceding it. Find the expected number of changeovers.
E[changeovers]=

In: Statistics and Probability

A bank wants to know if the enrollment on their website is above 30%. They test...

A bank wants to know if the enrollment on their website is above 30%. They test the null hypothesis that the proportion is 0.3, and the alternative that the proportion is greater than 0.3. After obtaining a sample, they fail to reject the null hypothesis. Later they find out that 30% of all customers enrolled. Answer whether there was a Type I error, Type II error, or neither error was made.

Group of answer choices

Type I error

Type II error

Neither error was made

In: Statistics and Probability

Rand Inc. and McNally Corp. have the following probability distribution of returns: Probability Rand Returns McNally...

Rand Inc. and McNally Corp. have the following probability distribution of returns: Probability Rand Returns McNally Returns
0.3 15% 12% 0.4 9 5 0.3 18 20
a) Calculate the expected rates of return for the two stocks.
b) Calculate the standard deviation of returns for the two stocks.
c) Calculate the expected return and standard deviation on a portfolio P made up of 75%
invested in McNally stock and the remaining invested in Rand stock.

In: Accounting

Assume Raoult's Law applies to a binary mixture of water and methanol at 70 C. a)...

Assume Raoult's Law applies to a binary mixture of water and methanol at 70 C.

a) Which species should be considered species (a)? Why?

b) Prepare a Pxy diagram for this mixture

c) What is the composition of the vapor in equilibrium with liquid at xi for methanol of 0.3?

d) What is the composition of the liquid in equilibrium with vapor at yi for water of 0.3?

For parts (c) and (d), determine these composition values analytically. Then confirm that they are correct on the Pxy diagram you created in part (b).

In: Chemistry

four squirrels were found to have an average weight of 9.0 ounces with a sample standard...

four squirrels were found to have an average weight of 9.0 ounces with a sample standard deviation is 0.7. Find the 95% confidence interval of the true mean weight.

In: Statistics and Probability

Let x be a binomial random variable with n=7 and p=0.7. Find the following. P(X =...

Let x be a binomial random variable with n=7 and p=0.7. Find the following.

P(X = 4)

P(X < 5)

P(X ≥ 4)

In: Statistics and Probability