You are asked to estimate the chance that the sum will be, Ask an Expert

Statistics

A box contains ten ticket, four marked with a positive number and six with a negative number. all the numbers are between -10 and 10. one thousand draws will be made at random with replacement from the box. you are asked to estimate the chance that the sum will be positive.

a) can you do it on the basis of the information already given?

b) can you do it if you are also told the average and SD of the numbers in the box, but are not told the numbers themselves?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9367418

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

What are the uses and value of statistical significance

What are the uses and value of statistical significance testing and the p-value as demonstrated in the various analytical techniques (t-tests, ANOVA, chi-square, etc.). What's the fundamental reason we apply these techni ...

On average the parts from a supplier have a mean of 975

On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 12.2 inches. Find the probability that a randomly selected part from this supplier will have a value between 85.3 and 109.7 inc ...

The mean throwing distance of a football for a luis a high

The mean throwing distance of a football for a Luis, a high school freshman quarterback, is 50 yards, with a standard deviation of three yards. The team coach tells Luis to adjust his grip to get more distance. The coach ...

Please help me study for a test by answering this

Please help me study for a test by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the sto ...

What are the ways that it can help comply with legal

What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?

You roll a pair of dice one timelet event a be the dice

You roll a pair of dice ONE time. Let Event A be the dice show an odd sum. Let Event B be exactly one of the dice (not both of them) shows a one. b. What is the symbol for the complement of B? ______ c. Describe the comp ...

Question probability and nonprobability are the two general

Question Probability and nonprobability are the two general categories of sampling. Probability sampling uses random selection, whereas nonprobability sampling does not. For example, if you wanted to study the effects of ...

The mean time it takes a technician to resolve a software

The mean time it takes a technician to resolve a software Issue is 18 minutes with a standard deviation or 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitor cal ...

What is the sample size for studies with moe of -35 and -28

What is the sample size for studies with MOE of +/-3.5% and +/-2.8%, with a confidence level of 95%, sample statistics of 50. Suppose the category population was 7500 (less than 10,000)? Remember the FPC. What would be t ...

A box contains n white and m black balls one ball is added

A box contains n white and m black balls. One ball is added randomly, white with probability p and black with probability 1 - p. Then a random ball is taken out from the box. (a) Find the probability that the taken ball ...

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

Recent Questions

Ask Statistics and Probability Expert