Author Question: The probability of obtaining exactly 20 successes in 50 trials A) is equal to 0. B) can be ... (Read 70 times)

tiffannnnyyyyyy · **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