Solution Found!

Statistics / Statistical Techniques in Business and Economics 15 / Chapter 5 / Problem 60

Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen

Change Question

There are three clues labeled daily double on the game show Jeopardy. If three equally

Chapter 0, Problem 60

(choose chapter or problem)

Get Unlimited Answers

QUESTION:

There are three clues labeled daily double on the game show Jeopardy. If three equally matched contenders play, what is the probability that: a. A single contestant finds all three daily doubles? b. The returning champion gets all three of the daily doubles? c. Each of the players selects precisely one of the daily doubles?

Questions & Answers

QUESTION:

There are three clues labeled daily double on the game show Jeopardy. If three equally matched contenders play, what is the probability that: a. A single contestant finds all three daily doubles? b. The returning champion gets all three of the daily doubles? c. Each of the players selects precisely one of the daily doubles?

ANSWER:

Step 1 of 4

(a) The three contenders are equally matched, which implies that each of the contestant is equally likely to find one of the "daily doubles. Moreover, this then implies that each contender has 1 chance in 3 of finding the first daily double.

The probability is the number of favorable outcomes divided by the number of possible outcomes:

Assuming that the selection of a "daily double" does not depend on the selection of the other "daily doubles", it is appropriate to use the multiplication rule for independent events:

Study Tools You Might Need

Chapter: 19 Problem: 76P

Introductory Chemistry 5
Problem 76P Match each monomer with the correct class of biopolymers. (a) Nucleotide (b) Saccharide (c) amino acid protein DNA Starch

Chapter: 21 Problem: 11

College Physics 1
Problem 11PE Show that if two resistors R1 and R2 are combined and one is much greater than the other ( R1>>R2 ): (a) Their series resistance is very nearly equal to the greater resistance R1 . (b) Their parallel resistance is very nearly equal to smaller resistance R2 .

Chapter: 14 Problem: 32E

Sears and Zemansky's University Physics with Modern Physics 13
Problem 32E On a horizontal, frictionless table, an open-topped 5.20-kg box is attached to an ideal horizontal spring having force constant 375 N/m. Inside the box is a 3.44-kg stone. The system is oscillating with an amplitude of 7.50 cm. When the box has reached its maximum speed, the stone is su

Chapter: 13 Problem: 13.2

Elementary Principles of Chemical Processes 3
Five percent excess air is used in burning the reformer fuel; it is drawn into the system at 30C and 70% relative humidity. Estimate the average molecular weight of the air. Why does it differ from the value of 29 determined in Example 3.3-4 even though the ratio of nitrogen to oxygen is the same? De

Chapter: 29 Problem: 29.18

Campbell Biology 9
Microphylls are found in which plant group? a. mosses b. liverworts c. lycophytes d. ferns e. hornworts

Chapter: 52 Problem: 5

Campbell Biology 10
The oceans affect the biosphere in all of the following ways except a. producing a substantial amount of the biospheres oxygen. b. removing carbon dioxide from the atmosphere. c. moderating the climate of terrestrial biomes. d. regulating the pH of freshwater biomes and terrestrial groundwater

Chapter: 0 Problem: 33

Hole's Essentials of Human Anatomy & Physiology 11
Match each layer of the meninges to its description. (p. 233) (1) dura mater (2) arachnoid mater (3) pia mater A. The thin, innermost layer, containing blood vessels and nerves B. The tough, outermost layer, consisting mostly of connective tissue C. The lacy membrane, lacking blood vessels, sandwiche

Chapter: 29 Problem: 9

Principles of Economics 9
If the Fed raises the interest rate it pays on reserves, it will _________ the money supply by increasing _________. a. decrease; the money multiplier b. decrease; excess reserves c. increase; the money multiplier d. increase; excess reserves

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

×

Register

Sign up for access to all content on our site!

Or login if you already have an account