This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table below describes the smoking habits of a group of asthma sufferers. Nonsmoker ... (Read 308 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jul 25, 2018
The table below describes the smoking habits of a group of asthma sufferers.
 
  Nonsmoker
  Occasional
  smoker
  Regular
  smoker
  Heavy
  smoker Total
  Men 431 50 71 49 601
  Women 382 48 86 39 555
  Total 813 98 157 88 1156
  If one of the 1156 people is randomly selected, find the probability that the person is a man or a
  heavy smoker.
  A) 0.511 B) 0.554 C) 0.596 D) 0.557

Question 2

If a game were fair, the payoff on a bet would be the same as the odds for the event. In
  one game, the odds for winning are 1:13.
 
  If the game were fair, what would the payoff be
  for a 5 bet? Of course, games in casinos are designed to make a profit for the casino
  investors. Supposing the casino makes the payoff at 1:11 odds, what profit does the casino
  make on your winning bet?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 25, 2018
Answer to Question 1

B

Answer to Question 2

In a fair game the payoff would be 70 = 135 + 5 original bet. The casino payoff would be 60 = 115 + 5 original bet.
The profit would be 10.


RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jul 25, 2018
Thanks for the timely response, appreciate it

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to
The heme group is present in myoglobin, hemoglobin, and many other proteins The heme group is present in myoglobin, hemoglobin, and many other proteins
The M81 Group The M81 Group
Members of the Lemba ethnic group from southern Africa. Members of the Lemba ethnic group from southern Africa.
Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ... Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ...
How to create a table of values from an equation and graph How to create a table of values from an equation and graph
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library