This topic contains a solution. Click here to go to the answer

Author Question: 51.7 of the residents of Idlington Garden City are female. A) statistic B) ... (Read 21 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
51.7 of the residents of Idlington Garden City are female.
 
  A) statistic B) parameter

Question 2

Let the random variable X represent the winnings at one play of game A. The mean, , of X is known to be -0.42 and its standard deviation, , is 0.27. Let the random variable Y represent the winnings at one play of game B.
 
  The mean, , of Y is known to be -0.42 and its standard deviation, , is 0.20. You have decided to play one of these two games just once. At which game are you more likely to make a profit (i.e., to not lose money)? Explain your thinking.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

Answers will vary. Possible answer: You are more likely to make a profit in one play of game A than in one play of game B. The standard deviation of X is larger than the standard deviation of Y which means that there is a greater chance that X could be so far from the mean.




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jul 25, 2018
Excellent


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library