To flip a coin on a spreadsheet, you would use the Excel formula: =IF(a + (b-a)*RAND()...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
To flip a coin on a spreadsheet, you would use the Excel formula: =IF(a + (b-a)*RAND()< 0.5, "Heads", "Tails"), where a = 1 and b = 0 =IF(RAND()<0.5,"Heads","Tails") =IF(NORM.INV(RAND(),0,1)<0.5, "Heads", "Tails") None of these formulas are correct To flip a coin on a spreadsheet, you would use the Excel formula: =IF(a + (b-a)*RAND()< 0.5, "Heads", "Tails"), where a = 1 and b = 0 =IF(RAND()<0.5,"Heads","Tails") =IF(NORM.INV(RAND(),0,1)<0.5, "Heads", "Tails") None of these formulas are correct
Expert Answer:
Answer rating: 100% (QA)
THE CORRECT ANSWER IS IFRAND 05HeadsTails because i IFa b aRAND 05 Heads Tails where ... View the full answer
Related Book For
Statistics The Art and Science of Learning from Data
ISBN: 978-0321755940
3rd edition
Authors: Alan Agresti, Christine A. Franklin
Posted Date:
Students also viewed these mathematics questions
-
Your friend decides to flip a coin repeatedly to analyze whether the probability of a head on each flip is 1/2. He flips the coin 10 times and observes a head 7 times. He concludes that the...
-
Coin Flips You flip a coin 100 times and get 58 heads and 42 tails. Calculate the chi-square statistic by hand showing your work, assuming the coin is fair.
-
You are offered the chance to flip the coin 100 times. You would win $200 dollars for each heads, and pay $160 pays for each tails. The expected return is (50 heads*$200) + 50 tails(-$160) = $2000....
-
Explain what you would assume the yield curve would look like during economic expansion and why.
-
How does Dalton's atomic theory account for the fact that when 1.000 g of water is decomposed into its elements, 0.111 g of hydrogen and 0.889 g of oxygen are obtained regardless of the source of the...
-
Visionary Inc. is examining two projects, A and B. Project A has a lower initial investment than project B and is expected to generate a steady stream of cash flows over its economic life. Project B...
-
Explain the following pairs in relation to each other: a. Method and operation b. Event and state. c. Interaction and message.
-
Dynamic magneto conductivity tensor for free electrons a metal with a concentration n of free electrons of charge e is in a static magnetic field B. The electric current density in the xy plane is...
-
Cherokee Incorporated is a merchandiser that provided the following information: Amount Number of units sold 1 1 , 0 0 0 Selling price per unit $ 1 6 Variable selling expense per unit $ 2 Variable...
-
From elementary physics, we know that when an object is subjected to a constant acceleration a, the relationship between distance d and time t is given by d = at2. Suppose that, during a seek, the...
-
Discuss four perspectives (differences) between male-female leadership styles Describe two scenarios (one for each gender) which demonstrate leadership effectiveness that you have possibly...
-
You are a nurse manager and one of your staff needs to be out on medical leave for a minor procedure. She is expected to return in a week but calls and states she will need an additional week. You...
-
Assume you've called a special meeting of your club's executive committee. The sole agenda item is to consider how to spend the $800 the administration has allocated to your organization. Describe a...
-
Assume that you are a supervisor in a firm where one-third of the workforce is Hispanic, about evenly divided between Mexican Americans and Cuban Americans. All are either U.S. citizens or legal...
-
1) What is the wavelength of a 60,000 Hz radio wave? 2) A transformer has an input coil of 2,000 turns, and an output coil of 500 turns. If 120 V is connected to the input coil how much voltage will...
-
Identify the current issues and come up with your own CSR initiative to tackle it including - the approach, challenges, opportunities & impact you would create. Please explain it as your company.
-
Andrew purchases a 10-year bond with a face value of $10,000 and an interest rate of 8%. After two years, Andrew decides to sell his bond in order to buy some music equipment. If the interest rates...
-
Sundial Technologies produces and sells customized network systems in New Brunswick. The company offers a 60-day, all software and labor-and an extra 90-day, parts-only- warranty on all of its...
-
The researcher planning the study in South Africa also will estimate the population proportion having at least a high school education. No information is available about its value. How large a sample...
-
A random sample of size 1000 has x = 104. The significance level is set at 0.05. The P-value for testing H0: = 100 against Ha: 100 is 0.057. Explain what is incorrect about each of the following...
-
The mean annual salaries earned in 2005 by year-round workers with various educational degrees are given in the table: Degree Mean Salary No diploma....... $19,964 High school diploma... $29,448...
-
Name the scale of measurement (nominal, ordinal, interval, ratio) for each of the following variables: a. One's age (in years) b. Size of soft drink (small, medium, large, extra large) c. Voting...
-
Listed below are additional research questions and hypotheses from actual published articles. For each hypothesis, identify the independent and dependent variable. a. It is expected that achievement...
-
A faculty member wishes to assess the relationship between students' scores on the Scholastic Aptitude test (SAT) and their performance in college. a. What is a possible research hypothesis in this...
Study smarter with the SolutionInn App