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Author Question: The probability of obtaining exactly 20 successes in 50 trials A) is equal to 0. B) can be ... (Read 80 times)

tiffannnnyyyyyy

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on: Jul 25, 2018
The probability of obtaining exactly 20 successes in 50 trials
 
  A) is equal to 0.
  B) can be approximated by using the normal table with x between 19.5 and 20.5.
  C) can only be approximated by the binomial formula.
  D) cannot be found using the normal table.

Question 2

Given the profit payoff table below, if we use the maximax criterion we will choose action _______ .
 
  A1 A2 A3 A4
  S1 12 30 20 8
  S2 15 10 25 10


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ecox1012

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Reply #1 on: Jul 25, 2018
Answer to Question 1

B

Answer to Question 2

A2


tiffannnnyyyyyy

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Reply 2 on: Jul 25, 2018
YES! Correct, THANKS for helping me on my review

momolu

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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