3-1: Consider the experiment of drawing two cards from a deck in which all picture cards have been removed and adding their values (with ace = 1). | | | | A) | Describe the outcomes of this experiment. List the elements of the sample space. | Smallest sum is 2, this happens if both cards are Aces | Largest sum is 20, this happens if both cards are 10s | The other outcomes are integers between the smallest & largest sum (2 and 20) | | | | | | | B) | What is the probability of obtaining a total of 5 for the two cards? | The following results produce a sum of 5: | Ace+4 | | | 2+3 | | | 3+2 | | | 4+1 | | | 4 suits, 4 outcomes equals 16 different ways to get a sum of 5 | As there are 4 suites, this means these 4 combinations could happen in 4 different ways | 16+16+16+16 = 64 | | | | | This is a reduced deck with only 40 cards | Because the first card picked will be any available cards, it equals 40 | The second card picked will be any of the available cards left, it equals 39 | 40 x 39 = 1560 different ways the 19 outcomes | 64 / 1560 = a probability of 0.410 | | | | C) | Let a be the event “total card value is 5 or less.” Find P ( A ) and P ( A c ).
A random sample of 4 professional athletes produced the following data where x is thenumber of endorsements the player has and y is the amount of money made (in millions ofdollars). x 0 1 3 5 y 3 2 3 8 (a) Find an equation of the least squares regression line. Show all work; writing the correctequation, without supporting work, will receive no credit. (15
Graded: problem p.235 #3 (1 pt) P 235 #10 (1pt) p. 286 #9 (1pt) Stat 10/Sanchez Hwk 6 answer key p.235, no 3.- Four cards will be dealt off the top of a well-shuffled deck. There are two options: (i) To win $1 if the first card is a club, and the second is a diamond, and the third is a heart, and the fourth is a spade. (ii) To win $1 if the four cards are of four different suits. Which option is better? Or are they the same?
• The makeup of the electorate: What types of people were allowed and not allowed to vote? • Campaign practices: How did candidates organize their campaigns and make themselves known to the people? • Background of candidates: How were Adams’s and Jackson’s backgrounds different, and how did they compare to those of earlier presidents? • Voter turnout: About how many people voted in the 1828 election compared to earlier elections? |Your Score |___ of 50 | There has been a majority of differences since the elections of the 1800’s.
Danford Elliott BUS 306 Quantitative Reasoning Module 4 Case Assignment 1. A card is drawn at random from a standard 52-card deck. Find the probability that the card is not a queen. Out of the deck of 52 cards only 4 of them are queens. This only leaves 48 cards.
B. Summary of statistics on competitive bidders’ performance in 207 discriminatory and uniform Mexican Treasury 30 days bill auctions. Using table 2 we could notice that it excludes 49 additional competitive participants who failed to submit any winning bids and we can observe that 58 bidders bided for the competitive bids during this sampling period and also some other activities carried out by them which are indicated by different column explained
Nebraska is one of two states in the country that split its electoral votes. In 2008, Nebraska voted for both John McCain and Barack Obama. The one area that split that state's five electoral votes was the Second Congressional District, made up of the Omaha metro. (Omaha World-Herald) Nebraska state has five electoral votes since 1964, and will remain for the 2012 and the next two elections. Nebraska is traditionally a Republican-voting state, and as a result, voters in the state are leaning toward Republican, Mitt Romney.
STOCK OPTION PAPER Tina Kelly ACC 201 Principles of Financial Accounting Instructor: Susanne Elliot October 15, 2012 In recent months there have been many news stories in the press about executive compensation with stock options. This type of compensation occurs when an executive is granted the “option” to purchase the company’s stock at a certain price sometime in the future. Corporations allow for their CEO’s to purchase options in stocks as an incentive of pay. This allows for them to pay CEO’s a salary of $200,000 annually, however give their CEO’s an opportunity to annually earn tens of millions of dollars. Unfortunately as we have experienced in live situations not all CEO’s follow their ethical responsibility to their organization and society.
In the statue of the constituency of Representatives, non-citizens and illegal aliens are granted electoral representation (Martin). In 2008, we are already seeing the effects of Hispanic voters. At the Pew Research Center, a study was conducted that proved 66 percent of Hispanics favor Senator Barack Obama and only 23 percent favor Senator John McCain (Lumetta). The Hispanic population is set to double to 30 percent by 2042 and given that the majority of that population votes Democratic, they will become the deciding factor in future elections that will most likely to favor Democrats. But backtrack four years ago during the 2004 election when President George W. Bush received only 35 more electoral votes than Senator John Kerry, at 286.
Assume that (i) if the trial proceeds it is expected to last less than a month and result in two possible outcomes in terms of the price per share established in court: the $273,000 claimed by the plaintiffs, or the $55,400 being defended by Herbert Kohler; (ii) Kohler estimates the probabilities of these outcomes at 30% and 70%, respectively. 5. How would your answer to question 4 change if you also assume that (i) the inheritance tax owed on Frederic Kohler’s estate was 50.2% of its holdings in Kohler Co. (equivalent to 489 shares of the 975 he owned); (ii) the taxes paid by the estate amounted to $27 million (489 shares at $55,400 each); (iii) were the settlement or the trial to result in a revised share price in excess of $55,400, the IRS would likely demand a similar valuation for its claim on Frederic’s estate; and (iv) Herbert Kohler estimates the probability of the IRS’s demand at 100% if he proceeds to trial, and 50% if he