Business
Business, 19.12.2019 04:31, ashleytellez

Afriend has offered to play a gambling game with you that involves flipping a coin that he has provided. since a flip of heads will be to his advantage, you want to test the coin for fairness before you begin to play. your friend is willing to let you flip the coin 50 times to determine if the probability of getting heads is actually 0.50, as it should be if the coin is fair. a.assume for a moment that the coin is fair. if is the proportion of heads in 50 flips of the coin, what are the mean and standard deviation of the sampling distribution of ? b. explain why you can use the formula for the standard deviation of in this setting. c. you flip the coin 50 times and get 30 heads. do you risk insulting yourfriend by refusing to play with his coin? support your answer with an appropriate probability calculation.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:20, lovehelping1564
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
image
Business, 22.06.2019 06:50, kat2788
Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i. e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i. e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process. b)consumers have the right to clean air; consumers are dominant in the bargaining process. c)firm has the right to pollute; firm is dominant in the bargaining process. d)firm has the right to pollute; consumers are dominant in the bargaining proces
Answers: 1
image
Business, 22.06.2019 08:30, labrandonanderson00
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
image
Business, 22.06.2019 11:00, dxpebetty64
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
Do you know the correct answer?
Afriend has offered to play a gambling game with you that involves flipping a coin that he has provi...

Questions in other subjects:

Konu
English, 25.12.2020 07:40
Konu
English, 25.12.2020 07:40
Konu
History, 25.12.2020 07:40
Konu
English, 25.12.2020 07:40