1) 2) The probability of getting a head from tossing a fair coin is 0.50, or...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1) 2) The probability of getting a head from tossing a fair coin is 0.50, or 50%. If you are to toss the same coin twice, with a reasonable assumption that the tosses do not interfere with each other, the probability that you will get two heads in a row will be 0.50 x 0.50 = 0.25 = 25%. If you are to toss the same coin five times, the probability that you will get five heads in a row will be 0.5 x 0.5 x 0.5 x 0.5 x 0.5 = 0.03125 = 3.125%. To generalize, the probability of getting the same result in a row is given by: Probability of getting heads n times in a row = Probability (Head) x Probability (Head) x ... Probability (Head) a) In rolling a fair cubic dice, the chance of getting a number greater than 2 is approximating 0.6667 or 66.67%. If you are to roll the same dice three times, with a reasonable assumption that the tosses do not interfere with each other, what is the probability that you will get a number greater than 2 three times in a row? (3 pts) i. ii. b) Karen is going to conduct 7 experiments to test a psychological effect. Unknown to Karen, this psychological effect truly exists (i.e. Ha is true). In each of Karen's experiments, a is set at 5% and the experimental design always leads to a ß of 30%. Assume that the 7 experiments do not interfere with each other, what is the probability that Karen will get = Probability (Head) to the power of n = 0.5" Seven significant results in a row Commit type I error seven times in a row Study 1 Multiplied by n times. In an experiment, Lisa randomly assigned participants to recall a past experience of being socially excluded or socially included. She then measured their prosocial behavior. The null hypothesis is that there is no difference between the two groups. She adopted an a of 0.05 (two-tailed). The descriptive statistics are shown below. Exclusion Group SD 0.69 Mean 0.38 n 17 Inclusion Group Mean SD 1.42 0.88 (3 pts) (3 pts) n 17 a) Conduct an independent sample t-test and decide if the null hypothesis should be rejected. Show your calculation clearly. (10 pts) 1) 2) The probability of getting a head from tossing a fair coin is 0.50, or 50%. If you are to toss the same coin twice, with a reasonable assumption that the tosses do not interfere with each other, the probability that you will get two heads in a row will be 0.50 x 0.50 = 0.25 = 25%. If you are to toss the same coin five times, the probability that you will get five heads in a row will be 0.5 x 0.5 x 0.5 x 0.5 x 0.5 = 0.03125 = 3.125%. To generalize, the probability of getting the same result in a row is given by: Probability of getting heads n times in a row = Probability (Head) x Probability (Head) x ... Probability (Head) a) In rolling a fair cubic dice, the chance of getting a number greater than 2 is approximating 0.6667 or 66.67%. If you are to roll the same dice three times, with a reasonable assumption that the tosses do not interfere with each other, what is the probability that you will get a number greater than 2 three times in a row? (3 pts) i. ii. b) Karen is going to conduct 7 experiments to test a psychological effect. Unknown to Karen, this psychological effect truly exists (i.e. Ha is true). In each of Karen's experiments, a is set at 5% and the experimental design always leads to a ß of 30%. Assume that the 7 experiments do not interfere with each other, what is the probability that Karen will get = Probability (Head) to the power of n = 0.5" Seven significant results in a row Commit type I error seven times in a row Study 1 Multiplied by n times. In an experiment, Lisa randomly assigned participants to recall a past experience of being socially excluded or socially included. She then measured their prosocial behavior. The null hypothesis is that there is no difference between the two groups. She adopted an a of 0.05 (two-tailed). The descriptive statistics are shown below. Exclusion Group SD 0.69 Mean 0.38 n 17 Inclusion Group Mean SD 1.42 0.88 (3 pts) (3 pts) n 17 a) Conduct an independent sample t-test and decide if the null hypothesis should be rejected. Show your calculation clearly. (10 pts)
Expert Answer:
Answer rating: 100% (QA)
Question Q2 a Using the idea given we have the required probabili... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The probability of getting a head on a single toss of a coin is p. Suppose that A starts and continues to flip the coin until a tail shows up, at which point B starts flipping. Then B continues to...
-
The following statements are all incorrect. Explain the statements and the errors fully using the probability rules. 1. I have flipped and unbiased coin three times and got heads, it is more likely...
-
You picked up a coin which feels heavier on one side, and so you believe that the probability of getting a head is 0 with a prior distribution of fo(0) = 30 - 0(1-0)*. 1. 5points Based on your prior,...
-
11. Calculate the expected return and standard deviation for the risky portfolio on the CAL (with or without borrowing) and for the investor's complete portfolio on the CAL. 8(,1)% Std dev= 30 25 18...
-
Lorin Management Services has an unfunded postretirement benefit plan. On December 31, 2011, the following data were available concerning changes in the plan's accumulated postretirement benefit...
-
Although Hank is retired, he is an excellent handyman and often works part-time on small projects for neighbors and friends. Last week his neighbor, Mike, offered to pay Hank $500 for minor repairs...
-
Haupt Consulting, Inc., began operations and completed the following transactions during the first half of December: Requirements 1. Analyze the effects of Haupt Consultings transactions on the...
-
At the beginning of 2017, Holden Companys controller asked you to prepare correcting entries for the following three situations: 1. Machine X was purchased for $100,000 on January 1, 2012....
-
Marya Callais, a citizen of California, was walking along a busy street in Tallahassee, Florida, where she has a vacation home, when a large crate flew off a passing truck and hit her, causing...
-
The Charlotte Company produces a single product. The company had the following results for its first two years of operation: Additional information about the company is as follows: In Year 1, the...
-
Select the correct option: 1. Pat applies utilitarian ethics to determine that an action is morally correct when it produces a. The least good for the fewest people. b. The least good for the most...
-
1. Setup your Python file lab3-2.py with an appropriate comments header. 2. Organize lab3-3.py using comments for each block of planned code. 3. Complete the readIt () function. 4. Complete the...
-
A function of period 2L has the form i) Compute the Fourier series for this function. ii) By choosing an appropriate value of x show that an infinite series can be con- structed for . The following...
-
4. Rewrite the following code using non-blocking assignments. initial begin a = #delay1 b; C = #delay2 d; end
-
What is the amount of heat, in calories, given off from a 5 g piece of aluminum when it cools from 80C to 20C? The specific heat capacity of aluminum is 0.215 cal/g.C. Show your work. B UE ET T 0...
-
10 vehicles traveled on 1-mile distance for 90 seconds and 10 vehicles traveled on 1-mile distance for 120 seconds. When all vehicles traveled at their constant speeds, what is the space-mean-speed...
-
We cannot use the Gordon Model unless that Kis greater than g and g is expected to be constant forever. a . TRUE b . FALSE
-
Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...
-
Verify Equation (1.2).
-
Let X be a random variable with probability density function (a) What is the value of c? (b) What is the cumulative distribution function of X? f(x) = otherwise 0
-
Repeat Problem 3a when the ball selected is replaced in the urn before the next selection. Problem 3 In Problem 2, suppose that the white balls are numbered, and let Yi equal 1 if the ith white ball...
-
Mary Todd is uncertain about several relationships pertaining to audit sampling. As Mary's supervisor, explain the application of audit sampling to (1) GAAS and (2) the components of audit risk.
-
a. Distinguish between sampling risk and nonsampling risk. b. Explain the types of sampling risk that may occur in auditing and their potential effects on the audit.
-
Warren Boyd, a beginning staff accountant, believes that audit sampling applies only to tests of controls, but may be used with all auditing procedures relating to tests of controls. Is Warren...
Study smarter with the SolutionInn App