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

Author Question: A soft drink company holds a contest in which a prize may be revealed on the inside of the bottle ... (Read 131 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
A soft drink company holds a contest in which a prize may be revealed on the inside of the bottle cap. The probability that each bottle cap reveals a prize is 0.2 and winning is independent from one bottle to the next. What is the probability that a customer must open three or more bottles before winning a prize?
 a. (0.2)(0.2)(0.8) = 0.032
  b. (0.8)(0.8)(0.2) = 0.128
  c. (0.8)(0.8) = 0.64
  d. 1 - (0.2)(0.2)(0.8) = .968

Question 2

Which statement is not true about the 95 confidence level?
 a. Confidence intervals computed by using the same procedure will include the true population value for 95 of all possible random samples taken from the population.
  b. The procedure that is used to determine the confidence interval will provide an interval that includes the population parameter with probability of 0.95.
  c. The probability that the true value of the population parameter falls between the bounds of an already computed confidence interval is roughly 95.
  d. If we consider all possible randomly selected samples of the same size from a population, the 95 is the percentage of those samples for which the confidence interval includes the population parameter.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

poopface

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library