Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Is the lottery fair? Power ball is a multistate lottery in which players try to guess the numbers that will turn up in a drawing

image text in transcribed
image text in transcribed
Is the lottery fair? Power ball is a multistate lottery in which players try to guess the numbers that will turn up in a drawing of numbered balls. One of the balls drawn is the "Powerball." Matching the number drawn on the Powerball increases one's winnings. In a 17 month period, the Power ball was drawn from a collection of 35 balls numbered 1 through 35 . A total of 146 drawings were made. For the purpose of this exercise, we grouped the numbers in to five categories: 1-7, 8-14, and so on. If the lottery is faic, then the winning number is equally likely to occur in any category. Following are the observed frequencies. Test the hypothests that each of the categories is equally likely. Use the 0.025 level of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 4 (a) State the null and alternate hypotheses. H0:p1=p2=p3=p4=p5= H1: Some or all of the actual probabilities from those specified by H0. Part 2 of 4 (b) Find the P-value. Round the answer to four decimal places. The P-value is (c) Determine whether to reject H0 : the null hypothesis H0 Part: 3/4 Part 4 of 4 (d) State a conclusion. There enough evidence to conclude that the number categorles are not equally likely. Is the lottery fair? Power ball is a multistate lottery in which players try to guess the numbers that will turn up in a drawing of numbered balls. One of the balls drawn is the "Powerball." Matching the number drawn on the Powerball increases one's winnings. In a 17 month period, the Power ball was drawn from a collection of 35 balls numbered 1 through 35 . A total of 146 drawings were made. For the purpose of this exercise, we grouped the numbers in to five categories: 1-7, 8-14, and so on. If the lottery is faic, then the winning number is equally likely to occur in any category. Following are the observed frequencies. Test the hypothests that each of the categories is equally likely. Use the 0.025 level of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 4 (a) State the null and alternate hypotheses. H0:p1=p2=p3=p4=p5= H1: Some or all of the actual probabilities from those specified by H0. Part 2 of 4 (b) Find the P-value. Round the answer to four decimal places. The P-value is (c) Determine whether to reject H0 : the null hypothesis H0 Part: 3/4 Part 4 of 4 (d) State a conclusion. There enough evidence to conclude that the number categorles are not equally likely

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Using Microcomputers In Managerial Accounting

Authors: George Hildebrand

1st Edition

0938188275, 978-0938188278

More Books

Students also viewed these Accounting questions

Question

2. Define identity.

Answered: 1 week ago

Question

1. Identify three communication approaches to identity.

Answered: 1 week ago

Question

4. Describe phases of majority identity development.

Answered: 1 week ago