DPT Diagnostics Prerequisite Test 1 Linear Equations And Graphs 2 Functions And Graphs 3 Mathematics Of Finance 4 Systems Of Linear Equations; Matrices 5 Linear Inequalities And Linear Programming 6 Linear Programming: The Simplex Method 7 Logic, Sets, And Counting 8 Probability 9 Markov Chains 10 Data Description And Probability Distributions 11 Games And Decisions A Basic Algebra Review B Special Topics (online At Goo.gl/mjbxrg) expand_more
8.1 Sample Spaces, Events, And Probability 8.2 Union, Intersection, And Complement Of Events; Odds 8.3 Conditional Probability, Intersection, And Independence 8.4 Bayes’ Formula 8.5 Random Variable, Probability Distribution, And Expected Value Chapter Questions expand_more
Problem 1ED: From Example 1 we can conclude that the probability is 0 that a single roll of a fair die will equal... Problem 1MP: Suppose that the die in Example 1 is not fair and we obtain (empirically) the following probability... Problem 2MP: Repeat Example 2 using a random sample of 4. Problem 3MP: Repeat Example 3 with the player winning $5 instead of $4 if the chosen number turns up. The loss is... Problem 4MP: Find the expected value in Example 4 from the insurance company’s point of view. Problem 5MP: In Example 5, what is the insurance company’s expected value if it writes the policy? Problem 1E: In Problems 1-8, if necessary', review Section B.1. Find the average (mean) of the exam scores... Problem 2E Problem 3E: In Problems 1-8, if necessary', review Section B.1. Find the average (mean) of the exam scores in... Problem 4E Problem 5E Problem 6E Problem 7E: In Problems 1-8, if necessary', review Section B.1. If the probability distribution for the random... Problem 8E: In Problems 1-8, if necessary', review Section B.1. If the probability distribution for the random... Problem 9E: You draw and keep a single bill from a hat that contains a $5,$20,$50,and$100 bill. What is the... Problem 10E: You draw and keep a single bill from a hat that contains a $1,$10,$20,$50,and$100 bill. What is the... Problem 11E: You draw and keep a single coin from a bowl that contain 15pennies,10dimes,and25quarters What is the... Problem 12E: You draw and keep a single coin from a bowl that contains 120 nickels and 80 quarters. What is the... Problem 13E Problem 14E: You draw a single card from a standard 52-card deck. If it is an ace, you win $104. Otherwise you... Problem 15E Problem 16E: In a family with 2 children, excluding multiple births and assuming that a boy is as likely as a... Problem 17E: A fair coin is flipped. If a head turns up, you win $1. If a tail turns up, you lose $1. What is the... Problem 18E: Repeat Problem 17, assuming an unfair coin with the probability of a head being .55 and a tail being... Problem 19E: After paying $4 to play, a single fair die is rolled, and you are paid back the number of dollars... Problem 20E: Repeat Problem 19 with the same game costing $3.50 for each play. Problem 21E Problem 22E: In Problem 21, for the game to be fair, how much should you lose if a head and a tail turn up? Problem 23E: A friend offers the following game: She wins $1 from you if, on four rolls of a single die, a 6... Problem 24E: On three rolls of a single die, you will lose $10 if a 5 turns up at least once, and you will win $7... Problem 25E: A single die is rolled once. You win $5 if a 1 or 2 turns up and 10 if a 3, 4, or 5 turns up. How... Problem 26E: A single die is rolled once. You lose $12 if a number divisible by 3 turns up. How much should you... Problem 27E Problem 28E: A coin is tossed three times. Suppose you lose $3 if 3 heads appear, lose $2 if 2 heads appear, and... Problem 29E: A card is drawn from a standard 52-card deck. If the card is a king, you win $10 ; otherwise, you... Problem 30E Problem 31E: A 5-card hand is dealt from a standard 52-card deck. If the hand contains at least one king, you win... Problem 32E: A 5-card hand is dealt from a standard 52-card deck. If the hand contains at least one diamond, you... Problem 33E: The payoff table for two courses of action, A1 or A2, is given below. Which of the two actions will... Problem 34E: The payoff table for three possible courses of action is given below. Which of the three actions... Problem 35E: Roulette wheels in Nevada generally have 38 equally spaced slots numbered 00,0,1,2...,36. A player... Problem 36E: In roulette (see Problem 35), the numbers from 1to36 are evenly divided between red and black. A... Problem 39E: Five thousand tickets are sold at $1 each for a charity raffle. Tickets will be drawn at random and... Problem 40E: Ten thousand raffle tickets are sold at $2 each for a local library benefit. Prizes are awarded as... Problem 41E Problem 42E Problem 43E: One thousand raffle tickets are sold at $1 each. Three tickets will be drawn at random (without... Problem 44E: Repeat Problem 43 with the purchase of 10 tickets. Problem 45E Problem 46E: Use a graphing calculator to simulate the results of placing a $1 bet on black in each of 400 games... Problem 47E: A 3- card hand is dealt from a standard deck. You win $20 for each diamond in the hand. If the game... Problem 48E Problem 49E: Insurance. The annual premium for a $5,000 insurance policy against the theft of a painting is $150.... Problem 50E: Insurance. An insurance company charges an annual premium of $75 for a $200,000 insurance policy... Problem 51E: Decision analysis. After careful testing and analysis, an oil company is considering drilling in two... Problem 52E: Decision analysis. Repeat Problem 51, assuming that additional analysis caused the estimated... Problem 53E: Genetics. Suppose that at each birth, having a girl is not as likely as having a boy. The... Problem 54E: Genetics. A pink-flowering plant is of genotype RW. If two such plants are crossed, we obtain a red... Problem 55E: Lottery. A $2 Powerball lottery ticket has a 1/27.05 probability of winning $4, a 1/317.39... Problem 56E: Lottery. Repeat Problem 55, assuming that the Grand Prize is currently $400,000,000. format_list_bulleted