The Heart of Mathematics: An Invitation to Effective Thinking
The Heart of Mathematics: An Invitation to Effective Thinking
4th Edition
ISBN: 9781118156599
Author: Edward B. Burger, Michael Starbird
Publisher: Wiley, John & Sons, Incorporated
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Chapter 10.1, Problem 30MS

Take this job and... Given the employment scenario described in the previous Mindscape, suppose that the companies do not consult one another about offers, so you may receive more than one offer. Suppose the first comp any calls you on the phone, offers you the job, and says you have to accept or reject it right there on the spot. You have not heard from either of the other companies yet. Do you accept or reject the offer? What if the call were from the second company? What if it were the third company? Justify your answers using expected value.

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Suppose you are the manager of two beachfront hotels : The Palms and Golden Sands. You'd like to know if there is a difference in guest satisfaction between the two hotels. To investigate this, you conduct a survey and ask guests upon departure if they are likely to return to the hotel in the future. For The Palms, 163 out of 227 guests who were surveyed responded " yes ". For Golden Sands, 154 out of 262 guests responded "yes ". Answer the following questions. Round any numbers in your final answers to 2 decimals. 1) Calculate a 95 % confidence interval for the difference in satisfaction rates between The Palms and Golden Sands (Show work) 2) Use the critical value approach to test, at a 1% significance level, whether or not the guest satisfaction rates are different between the two hotels. What do you conclude ? (In your answer, show the steps involved with testing) 3) What is the p-value of your test in part 2?
No need for thorough Explanation. The research department of a five-star hotel conducted a survey. It found that among 2230 guests, 1540 tip the front desk officers, 1192 tip the bellboys, 938 tip the maids, 250 tip the maids and the bellboys, 710 tip the front desk officers and the maids, 735 tip the front desk officers and the bellboys, 195 tip all the three personnel.  How many of the surveyed guests tip exactly two of the three services? How many of the surveyed guests tip only the front desk officers? How many of the surveyed guests tip only the three services? How many of the guests do not give tip to any of the services? How many of the surveyed guests tip at least two of the three services?

Chapter 10 Solutions

The Heart of Mathematics: An Invitation to Effective Thinking

Ch. 10.1 - Die roll. What is the expected value of each of...Ch. 10.1 - Dice roll (ExH). What is the expected value of...Ch. 10.1 - Fair is foul. Someone has a weighted coin that...Ch. 10.1 - Foul is fair (S). Someone has a weighted coin that...Ch. 10.1 - Cycle cycle (H). You live in an area where the...Ch. 10.1 - Whats your pleasure? You have three options for...Ch. 10.1 - Roulette expectation. A standard roulette wheel...Ch. 10.1 - Fair wheeling. You are at the roulette table and...Ch. 10.1 - High rolling (H). Here is a die game you play...Ch. 10.1 - Fair rolling. Suppose you are considering the game...Ch. 10.1 - Spinning wheel. You pay $5, pick one of the four...Ch. 10.1 - Dice (ExH). You place a bet and then roll two fair...Ch. 10.1 - Uncoverable bases. Show by a specific example how...Ch. 10.1 - Under the cap. A national soda company runs a...Ch. 10.1 - Two coins in a fountain. You pay Si for two coins...Ch. 10.1 - Three coins in a fountain. You pay $5 for three...Ch. 10.1 - Insure (S). You own a $9000 car and a $850...Ch. 10.1 - Get a job (H). You search for a job. Three...Ch. 10.1 - Take this job and... Given the employment scenario...Ch. 10.1 - Book value. Refer back to our analysis of the...Ch. 10.1 - In search of... A group of deep-sea divers...Ch. 10.1 - Solid gold. There is a 50% chance that the price...Ch. 10.1 - Four out of five. In Newcombs Paradox, suppose...Ch. 10.1 - Chevalier de Méré. Suppose that the Chevalier de...Ch. 10.1 - The St. Petersburg paradox. Here is an interesting...Ch. 10.1 - Coin or god. In Newcombs Paradox, first suppose...Ch. 10.1 - An investment. You wish to invest $1000, and you...Ch. 10.1 - Pap test (H). Assume that the insurance value of a...Ch. 10.1 - Prob. 40MSCh. 10.1 - Spin to win. To play a certain carnival game, you...Ch. 10.1 - Spinner winner. To play a different carnival game,...Ch. 10.1 - Insurance wagering (H). From the point of view of...Ch. 10.1 - Probable cause. Continuing the scenario from the...Ch. 10.1 - The bicycle thief. Some entrepreneurial classmates...Ch. 10.2 - Remarkably risky. List two activities that are...Ch. 10.2 - Surprisinly safe. List two activities that are...Ch. 10.2 - Infectious numbers (H). Suppose a disease is...Ch. 10.2 - SARS scars (S). Suppose a new vaccine that...Ch. 10.2 - A hairy pot. At a certain famous school of...Ch. 10.2 - Blonde, bleached blonde (H). You have high...Ch. 10.2 - Blonde again (S). Given the scenario in Mindscape...Ch. 10.2 - Bleached again. Given the scenario in Mindscape 6,...Ch. 10.2 - Safety first. Suppose a particular car is widely...Ch. 10.2 - Scholarship winner (ExH). You apply for a national...Ch. 10.2 - Less safe (ExH). Given the scenario in our air...Ch. 10.2 - Aw, nuts! Suppose that the loss of life expectancy...Ch. 10.2 - Dont cell! (H) Suppose you are a U.S. senator and...Ch. 10.2 - Buy low and cell high (H). The microwaves produced...Ch. 10.2 - Taxi blues (H). An eyewitness observes a...Ch. 10.2 - More taxi blues (S). An eyewitness observes a...Ch. 10.2 - Few blues. An eyewitness observes a hit-and-run...Ch. 10.2 - More safety. Given the scenario of our earlier air...Ch. 10.2 - Reduced safety. Given the scenario of our air...Ch. 10.2 - HIV tests. Recall that, in the United States,...Ch. 10.2 - More HIV tests. Given the tests described in the...Ch. 10.2 - Super sale. The bookstore is having a super sale...Ch. 10.2 - V.isk risk (H). You always sort your laundry into...Ch. 10.2 - Bag for life. An insurance company estimates that...Ch. 10.2 - Mooving sale. Plush toy versions of your college...Ch. 10.2 - Reweighing life expectancy An example in this...Ch. 10.3 - Simple interest (H). Suppose you deposit $500 into...Ch. 10.3 - Less simple interest. Suppose that at the...Ch. 10.3 - The power of powers (H). In this section we...Ch. 10.3 - Crafty compounding. Two thousand years ago, a...Ch. 10.3 - Keg costs. List some of the opportunity costs...Ch. 10.3 - You can bank on us (or them) (S). You wish to...Ch. 10.3 - The Kennedy compound. You wish to ivest $1000 for...Ch. 10.3 - Three times a lady. The Three-Timesa-Year Savings...Ch. 10.3 - Baker kneads dough (ExH). Your favorite baker,...Ch. 10.3 - I want my ATV! You want to purchase a cool, yellow...Ch. 10.3 - Lottery loot later? You have a big problem: Youve...Ch. 10.3 - Open sesame (S). Bert and Ernie each open a...Ch. 10.3 - Jelly-filled investments (H). Suppose you purchase...Ch. 10.3 - Taking stock. Suppose that a stock transaction...Ch. 10.3 - Making your pocketbook stocky. Suppose that a...Ch. 10.3 - Money-tree house. You decide you wish to build...Ch. 10.3 - Future vlaue (S). What is the future value of $...Ch. 10.3 - Present value (ExH). On the first day of your...Ch. 10.3 - Double or nothing (H). You decide you wish to...Ch. 10.3 - Triple or nothing. You decide you wish to triple...Ch. 10.3 - Power versus product (S). In this section we...Ch. 10.3 - Double vision. Suppose we have $P and we invest it...Ch. 10.3 - Adding up the bucks (H). You have a job every...Ch. 10.3 - Fiddling for dollars. As presented in the section...Ch. 10.3 - Facebank. Your roommates are developing some...Ch. 10.3 - Boatload o cash. At age 12 you dream of sailing...Ch. 10.3 - Houseload o cash. You want to buy a house by age...Ch. 10.4 - Landslide Lyndon. The two candidates in the 1948...Ch. 10.4 - Electoral college. Briefly outline a voting scheme...Ch. 10.4 - Voting for voting. What are some differences...Ch. 10.4 - Voting for sport. Given an example (ideally from...Ch. 10.4 - The point of the arrow (S). What does Arrows...Ch. 10.4 - Dictating an election through a dictator. Suppose...Ch. 10.4 - Pro- or Con-dorcet? (S) Consider the following...Ch. 10.4 - Where is Dr. Pepper? (S) Given the voting data...Ch. 10.4 - Approval drinking (H). Returning to the voting...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Whats it all about, Ralphie? Many people believe...Ch. 10.4 - Two, too (ExH). Given an election between just two...Ch. 10.4 - Two, too II (ExH). Given an election between just...Ch. 10.4 - Instant runoffs. One way to avoid the lengthy...Ch. 10.4 - Run runoff. Given the method of instant runoff...Ch. 10.4 - Coin coupling. For this challenge, you will need...Ch. 10.4 - From money-mating to cupids arrow. Explain how the...Ch. 10.4 - Vote night. There are four candidates running for...Ch. 10.4 - Wroof recount. The election in the previous...Ch. 10.4 - Biggest loser? Who was the biggest loser in the...Ch. 10.4 - The X-act winner. Your schools math club has 73...Ch. 10.4 - Borda rules. Candidates A, B, and C are running...Ch. 10.5 - Prob. 1MSCh. 10.5 - Understanding icing (S). Suppose a person who had...Ch. 10.5 - Liquid gold. Suppose you and your two brothers are...Ch. 10.5 - East means West. Suppose you have a triangular...Ch. 10.5 - Two-bedroom bliss (H). Suppose you and a roommate...Ch. 10.5 - Your preference. Suppose the accompanying figure...Ch. 10.5 - Bulk. Suppose for you, bigger is better, so your...Ch. 10.5 - Dont move that knif. Give a specific scenario to...Ch. 10.5 - Prob. 9MSCh. 10.5 - Just do it. Get three people together and have...Ch. 10.5 - The real world. Give three real-world examples...Ch. 10.5 - Same tastes (H). If you are dividing a cake among...Ch. 10.5 - Crossing the line. In each triangle shown on the...Ch. 10.5 - Cutting up Mass (S). You, Joan, and John want to...Ch. 10.5 - Where to cut (H). The accompanying figure pictures...Ch. 10.5 - Land preference (ExH). Suppose you are preparing...Ch. 10.5 - Uneven pair (S). Suppose two people want to divide...Ch. 10.5 - Diversity pays. Explain why having differences of...Ch. 10.5 - Be fair. The moving-knife and yelling Stop method...Ch. 10.5 - Nuclear dump (ExH). Suppose there is a nuclear...Ch. 10.5 - Disarming (H). Two nuclear superpowers decide to...Ch. 10.5 - Cupcakes. Suppose you had 100 different cupcakes...Ch. 10.5 - Barely consistent. It is possible for Chris to...Ch. 10.5 - Your X. You and your ex-roommate happen to share a...Ch. 10.5 - Musical Xs. You play the violin in a chamber trio...Ch. 10.5 - Cake plot. Imagine a cake in the shape of a...Ch. 10.5 - Cake trisection. Imagine a cake in the shape of a...Ch. 10.5 - Roomate wrangling. You and a friend rent a...
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