Concept explainers
I am a contestant on the TV show Remote Jeopardy,
which works as follows. I am first asked a question about
Stupid Videos. If I answer correctly, I earn $100. I believe
that I have an 80% chance of answering such a question
correctly. If I answer incorrectly, the game is over, and I win
nothing. If I answer correctly, I may leave with $100 or go
on and answer a question about Stupid TV Shows. If I
answer this question correctly, I earn another $300, but if I
answer incorrectly, I lose all previous earnings and am sent
home. My chance of answering this question correctly is
.60. If I answer the Stupid TV Shows question correctly, Imay leave with my “earnings” or go on and answer a
question about Statistics. If I answer this question correctly,
I earn another $500, but if I answer it incorrectly, I lose all
previous earnings and am sent home. My chance of
answering this question correctly is .40. Draw a decision
tree that can be used to maximize my expected earnings.
What are my expected earnings?
Trending nowThis is a popular solution!
Step by stepSolved in 3 steps with 4 images
- Recently a community college offered a 2-credit course to help students with math anxiety. At the beginning of the course, each student took a 30-question survey (called MARS-S); the higher the score, the more anxiety experienced by the student. The nine students remaining in the class took the same survey at the end of the course. The before and after scores for each of the nine students who completed the course are shown below, student before after 1 72 69 66 52 3 83 71 97 85 95 61 78 45 95 56 8. 52 43 93 62 Compute the correlation between before and after scores for these students. (Assu conditions have been satisfied and round your answer to the nearest 0.001.) the correlation Question Help: D Video O Message instructor Submit Question 目 Cip Co %23 24 96 & 4. 5 7 8. 9.arrow_forwardThe game board for the television show Jeopardy is divided into 6 categories with each category containing 5 answers. In the Double Jeopardy round, there are 2 hidden "Daily Double" squares. What are the odds against choosing a "Daily Double" square on the first turn? Briefly explain your reasoning.arrow_forwardHow many outcomes are possible if you toss a coin six times?arrow_forward
- In fall 2014, 34% of applicants with a Math SAT of 700 or more were admitted by a certain university, while 14% with a Math SAT of less than 700 were admitted. Further, 38% of all applicants had a Math SAT score of 700 or more. What percentage of admitted applicants had a Math SAT of 700 or more? (Round your answer to the nearest percentage point.) %arrow_forwardA student takes a multiple choice test that has 10 questions. Each question has five choices. The student guesses randomly at each answer. Find the probability that more than four of them fail the test.arrow_forwardIn fall 2014, 38% of applicants with a Math SAT of 700 or more were admitted by a certain university, while 12% with a Math SAT of less than 700 were admitted. Further, 32% of all applicants had a Math SAT score of 700 or more. What percentage of admitted applicants had a Math SAT of 700 or more? (Round your answer to the nearest percentage point.)arrow_forward
- The question out of the book is " Find the probability of drawing 4 aces. Hint: how many 5-card hands contain 4 aces?" I need to see the steps in solving, not just the answer. Thanksarrow_forwardThere are 20 questions on a multiple choice exam, each with four possible answers. Which of the following has a greater chance of occuring for a student guessing on all twenty questions on this test?arrow_forwardMaria plays basketball and is a 64% free throw shooter (meaning on average she hits 64 of 100 free throws). Maria attempts five free throw shots in a typical game. During a 25-game season, Maria had a game in which she attempted five free throws and hit all five of them. Do you think she had a "hot" day, or was it just chance? Explain your reasoning. .……... Is the streak surprising? Explain. Select the correct choice below and fill in the answer box(es) within your choice. (Round to two decimal places as needed.) A. The probability that she made five free throw tosses out of five is OB. The probability that she made five free throw tosses out of five is OC. The probability that she made five free throw tosses out of five is D. The probability that she made five free throw tosses out of five is which makes it very surprising. and the probability of it happening at least once in the season is which is very unlikely regardless of the number of games in the season. which is likely to…arrow_forward
- If we roll a 6-sided dice, what is the probability of rolling a number less than 3? Leave your answer in simplest fraction form.arrow_forward2. You play a game in which 40% of the time you win $3 and 40% of the time you lose $5 and 20% of the time you win $1. Please show your work.arrow_forwardWhich is more likely: rolling a total of 8 when two dice are rolled or rolling a total of 8 when 3 dice are rolled? Discuss your solution by explaining it.arrow_forward
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman