Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Stat 225 - Quiz 2

1. What is the probability that during the following 10 days Tom has 3 days in a row in which he gets a Coke?

2. Now Tom randomly picks three bottles from the fridge for the first three days. What is the probability that he gets two Fantas and one Root Beer?

3. Suppose, for this question only, we label each bottle from 1 to 10. When Tom randomly picks up 4 bottles, how many different ordered arrangements are there for these 4 bottles?
X is a discrete random variable with the following Probability Mass Function.
X
-2
-1
0
1
2
3
P(X=a)
0.2
0.1
0.3
0.2
0.15
0.05

4. Compute P[X>-1.3]

5. Compute E[X]

6. Compute E[ ]. That is, calculate the expected value of | |.

7. Let Y=-2X. Compute Var[Y]
Stat 225 - Quiz 2 Name
Group Members' Names
09/17/2012

You have 30 minutes to complete the problems below. Show sufficient work to receive full credit. If a decimal answer is not exact, please round to 2 non-zero decimal places.
Tom has 14 bottles of sodas in the fridge, and he will get exactly one bottle of soda per day in the next 14 days. He has 4 Cokes, 3 Fantas, 4 Root Beers, and 3 Sprites. Assume for each kind of soda, the bottles are the same.

1. What is the probability that during the next 14 days Tom has 3 days in a row in which he gets a Fanta?
2. Now Tom randomly picks three bottles from the fridge for the first three days. What is the probability that he gets two Root Beers and one Sprite?
3. Suppose, for this question only, we label each bottle from 1 to 14. When Tom randomly picks up 4 bottles, how many different ordered arrangements are there for these 4 bottles?
X is a discrete random variable with the following Probability Mass Function.
X
-3
-2
-1
0
1
2
P(X=a)
0.15
0.1
0.2
0.25
0.2
0.1
4. Compute P[X>-1.3]
5. Compute E[X]
6. Compute E[ ]. That is, calculate the expected value of | |.
7. Let Y=2X. Compute Var[ ]

Stat 225 - Quiz 2 Name

Group Members' Names
09/17/2012

You have 30 minutes to complete the problems below. Show sufficient work to receive full credit. If a decimal answer is not exact, please round to 2 non-zero decimal places.
Tom has 12 bottles of sodas in the fridge, and he will get exactly one bottle of soda per day in the next 12 days. He has 5 Sprites, 2 Cokes, 3 Root Beers , and 2 Fantas. Assume for each kind of soda, the bottles are the same.
1. What is the probability that during the next 12 days Tom has 3 days in a row in which he gets a Root Beer?

2. Now Tom randomly picks three bottles from the fridge for the first three days. What is the probability that he gets two Sprites and one Root Beer?

3. Suppose, for this question only, we label each bottle from 1 to 12. When Tom randomly picks up 4 bottles, how many different ordered arrangements are there for these 4 bottles?
X is a discrete random variable with the following Probability Mass Function.
X
-2
-1
0
1
2
3
P(X=a)
0.1
0.15
0.25
0.2
0.15
0.15
4. Compute P[X>2.3]
5. Compute E[X]
6. Compute E[ ]. That is, calculate the expected value of | |.
7. Let Y=3X. Compute Var[ ]
Stat 225 - Quiz 2 Name
Group Members' Names
09/17/2012

You have 30 minutes to complete the problems below. Show sufficient work to receive full credit. If a decimal answer is not exact, please round to 2 non-zero decimal places.
Tom has 13 bottles of sodas in the fridge, and he will get exactly one bottle of soda per day in the next 13 days. He has 4 Fantas, 2 Sprites, 4 Root Beers, and 3 Cokes. Assume for each kind of soda, the bottles are the same.

1. What is the probability that during the next 13 days Tom has 3 days in a row in which he gets a Coke? (3 points)
2. Now Tom randomly picks three bottles from the fridge for the first three days. What is the probability that he gets two Fantas and one Coke? (3 points)
3. Suppose, for this question only, we label each bottle from 1 to 13. When Tom randomly picks up 5 bottles, how many different ordered arrangements are there for these 5 bottles? (3 points)
X is a discrete random variable with the following Probability Mass Function.
X
-3
-2
-1
0
1
2
P(X=a)
0.05
0.15
0.25
0.2
0.25
0.1
4. Compute P[X<0.3] (2 points)
5. Compute E[X] (3 points)
6. Compute E[ ]. That is, calculate the expected value of | |. (3 points)
7. Let Y=-4X. Compute Var[ ] (3 points)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91596473
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Accounting Basics

Question - midland oil has 1000 par value bonds outstanding

Question - Midland Oil has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 15 years. What is current price of the bonds if the present yield to maturity is 10%, 15%, and 18%?

Part abackgroundsaturn petcare australia and new zealand

Part A Background: Saturn Petcare Australia and New Zealand is Australia's largest manufacturer of pet care products. Saturn have been part of the Australian and New Zealand pet care landscape since opening their first m ...

Question - in recent years a number of companies have gone

Question - In recent years a number of companies have gone into liquidation (been ‘wound up') because they have not been able to meet their liabilities when they fell due. In Australia, there are some well-publicised exa ...

Question in this case management is presented with several

Question: In this case, management is presented with several decision options. For this assignment, you are required to provide a two to three single-spaced written memo evaluating options and providing recommendations. ...

Question - on october 1 2018 daw inc signed a long-term

Question - On October 1, 2018, DAW Inc. signed a long-term, non-cancellable purchase commitment with a major supplier to purchase raw materials needed for production of the company's product during 2019 for $1,000,000. O ...

Question - henry bautista needs 23800 in 10 yearswhat

Question - Henry Bautista needs $23,800 in 10 years. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded qua ...

Question - on january 1 2016 company x had an inventory

Question - On January 1, 2016, Company X had an inventory balance of $200,000. During the year, Company X had net purchases of $1,000,000 and net sales of $900,000. Historically, Company X's gross profit ratio has been 4 ...

Question - the following information is available for the

Question - The following information is available for the 21,000 units of X Company's one product sold in 2017: Selling price $46.00 Variable costs per unit $30.00 Total fixed costs $756,000 In 2018, X Company expects sa ...

Question - morbes magazine is a magazine publisher who

Question - Morbes Magazine is a magazine publisher who began their operations on April 1, 2018. On this date, Morbes sold 40,000 one-year subscriptions, with each subscriber paying $36. Subscribers are required to pre-pa ...

Question - lucky treasures enterprises issued 9 8-year

Question - Lucky Treasures Enterprises issued 9%, 8-year, $2,000,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2013 and are issued on that date. The discount ra ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As