The accompanying table describes probabilities for the California Daily 4 lottery. The player selects four digits...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The accompanying table describes probabilities for the California Daily 4 lottery. The player selects four digits with repetition allowed, and the random variable x is the number of digits that match those in the same order that they are drawn (for a "straight" bet). Use the range rule of thumb to determine whether 4 matches is a significantly high number of matches. Select the correct choice below and, if necessary, fill in the answer box within your choice OA. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) B. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) OC. Significantly high numbers of matches are high number of matches. (Round to one decimal place as needed.) D. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) E. Not enough information is given. X 0 1 2 3 4 P(x) 0.654 0.298 0.047 0.002 0+ or less. Since 4 is greater than this value, 4 matches is not a significantly high or more. Since 4 is less than this value, 4 matches is not a significantly high or more. Since 4 is at least as high as this value, 4 matches is a significantly or less. Since 4 is at least as low as this value, 4 matches is a significantly high The accompanying table describes probabilities for the California Daily 4 lottery. The player selects four digits with repetition allowed, and the random variable x is the number of digits that match those in the same order that they are drawn (for a "straight" bet). Use the range rule of thumb to determine whether 4 matches is a significantly high number of matches. Select the correct choice below and, if necessary, fill in the answer box within your choice OA. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) B. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) OC. Significantly high numbers of matches are high number of matches. (Round to one decimal place as needed.) D. Significantly high numbers of matches are number of matches. (Round to one decimal place as needed.) E. Not enough information is given. X 0 1 2 3 4 P(x) 0.654 0.298 0.047 0.002 0+ or less. Since 4 is greater than this value, 4 matches is not a significantly high or more. Since 4 is less than this value, 4 matches is not a significantly high or more. Since 4 is at least as high as this value, 4 matches is a significantly or less. Since 4 is at least as low as this value, 4 matches is a significantly high
Expert Answer:
Answer rating: 100% (QA)
Given information is X Px P x 3 0660 0002 2 0292 01047 J 3 0002 P X4 000 approximate Theref... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Use the range rule of thumb to determine whether 1 girl in 8 births is a significantly low number of girls. Refer to the accompanying table, which describes results from groups of 8 births from 8...
-
Use the range rule of thumb to determine whether 4 is a significantly high number of sleepwalkers in a group of 5 adults. Refer to the accompanying table, which describes the numbers of adults in...
-
Use the range rule of thumb to determine whether 3 is a significantly high number of sleepwalkers in a group of 5 adults. Refer to the accompanying table, which describes the numbers of adults in...
-
Which statement about cylindrical coordinates is correct? (a) If = 0, then P lies on the z-axis. (b) If = 0, then P lies in the xz-plane.
-
Petro Corporation is a U.S. corporation with operations in several foreign countries as well as in the United States. During the current year, Petros worldwide taxable income is $600,000. Petros...
-
Assume that you maintain bonds and money market securities in your portfolio, and you suddenly believe that long-term interest rates will rise substantially tomorrow (even though the market does not...
-
Beth Plum is a realtor. She organized her business as a corporation, Beth Plum, Realtor, P.C., by investing \($23,000\) cash. The business issued common stock to her. Consider the following facts at...
-
On August 1, 2010, Pereira Corporation has ready for sale 2,000 Wiglow instruments. During the next 5 months, 1,600 Wiglows are sold at $460 each with a one-year warranty. Pereira estimates that the...
-
A. What is the intrinsic value of a firm when: Dividend 1= 3, Total equity= 25.75%, and Growth rate is 66% B. If the Current Market Price is $240, Growth Rate 66%, and Dividend $3. What is the...
-
Pacifico Company, a U.S.-based Importer of beer and wine, purchased 1,500 cases of Oktoberfest-style beer from a German supplier for 375,000 euros. Relevant U.S. dollar exchange rates for the euro...
-
Which of the following is NOT a benefit of a manufacturing cell layout? Less in-process inventory and material handling Faster production setup Better human relations Improved operator expertise...
-
Abbot corp owns 6 0 % of bud corps outstanding capital stock. On may 1 , abbot advanced bud 8 0 0 0 0 in cash, which was still outstanding at december 3 1 . What portion of this advance should be...
-
Assume the S&P has a dividend yield of 3 . 5 percent. Analyist expect overall dividends to grow at 3 . 6 percent annually. Treasury bills yield is 2 . 3 percent. The expected market rate of return is...
-
Consider a firm with a ROE of 2 5 % and a plowback ratio of 2 0 % . If the EPS a year form today is expected to be 5 and assuming a required rate of return of 1 2 % . What should the stock of the...
-
Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows: Sales revenue Cost of goods sold...
-
Little Miss Muffin Co . makes muffins, cookies, and brownies. Last year, the company\'s brownie line generated $ 4 0 , 0 0 0 in revenues. Direct labor costs of $ 2 5 , 0 0 0 and direct material costs...
-
How would you best classify the cost of raw materials on a project?This type of question contains radio buttons and checkboxes for selection of options. Use Tab for navigation and Enter or space to...
-
Using thermodynamic data from Appendix 4, calculate G at 258C for the process: 2SO 2 (g) + O 2 (g) 88n 2SO 3 (g) where all gases are at 1.00 atm pressure. Also calculate DG8 at 258C for this same...
-
The population of current statistics students has ages with mean m and standard deviations. Samples of statistics students are randomly selected so that there are exactly 40 students in each sample....
-
Identify the class width, class midpoints, and class boundaries for the given frequency distribution. The frequency distributions are based on real data from Appendix B. White Blood Cell Count of...
-
Test Example 1 in this section used only five pairs of data from Data Set 12 in Appendix B for a 95% confidence level. Repeat Example 1 using all of the cases with heights for both the president and...
-
Can we use any trial vector \(\vec{X}_{1}\) in the matrix iteration method to find the largest natural frequency?
-
Rayleigh's method a. Finds the natural frequencies and mode shapes of the system, one at a time, using several trial values for each frequency. b. Finds all the natural frequencies using trial...
-
Fill in the Blank. For a shaft carrying masses \(m_{1}, m_{2}, \ldots\), Rayleigh's method gives the natural frequency as \[\omega=\left\{\frac{g\left(m_{1} w_{1}+m_{2} w_{2}+\cdots ight)}{m_{1}...
Study smarter with the SolutionInn App