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

Author Question: A decision tree is a tree-shaped diagram that shows the alternatives, states of nature, ... (Read 449 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
A decision tree is a tree-shaped diagram that shows the alternatives, states of nature, probabilities, and payoffs for decision making under___________.
 
  A) risk
  B) certainty
  C) uncertainty
  D) probabilities

Question 2

Suppose Bank of America (B of
 
  A) would like to investigate if credit score and income level of an individual are independent of one another. B of A selected a random sample of 400 adults and asked them to report their credit score range and their income range. The following contingency table presents these results.
 
   Credit Score
  Income Less than 650 650-750 More than 750
  Less than 50,000 26 30 24
  50,000 to less than 100,000 63 53 44
  100,000 to less than 150,000 40 30 30
  More than 150,000 21 17 22
 
  Using  = 0.01, the critical value for this hypothesis test is ________.
  A) 9.488
  B) 12.592
  C) 13.277
  D) 16.812



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hanadaa

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

A

Answer to Question 2

D




chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 24, 2018
:D TYSM


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library