Guilt in decision making. The Journal of Behavioral

Chapter 4, Problem 78E

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Guilt in decision making. The Journal of Behavioral Decision Making (Jan. 2007) published a study of how guilty feelings impact on-the-job decisions. In one experiment, 57 participants were assigned to a guilty state through a reading/writing task. Immediately after the task, the participants were presented with a decision problem where the stated option had predominantly negative features (e.g., spending money on repairing a very old car). Of these 57 participants, 45 chose the stated option. Suppose 10 of the 57 guilty-state participants are selected at random. Define x as the number in the sample of 10 who chose the stated option.

a. Find P(x = 5).

b. Find P(x = 8).

c. What is the expected value (mean) of x?

Questions & Answers

QUESTION:

Guilt in decision making. The Journal of Behavioral Decision Making (Jan. 2007) published a study of how guilty feelings impact on-the-job decisions. In one experiment, 57 participants were assigned to a guilty state through a reading/writing task. Immediately after the task, the participants were presented with a decision problem where the stated option had predominantly negative features (e.g., spending money on repairing a very old car). Of these 57 participants, 45 chose the stated option. Suppose 10 of the 57 guilty-state participants are selected at random. Define x as the number in the sample of 10 who chose the stated option.

a. Find P(x = 5).

b. Find P(x = 8).

c. What is the expected value (mean) of x?

ANSWER:

Step 1 of 3

(a)

We are asked to find the \(P(x=5)\)

Here, random variable X follows a hypergeometric distribution, because we are selecting 10 participants from 57 guilty-state participants of which 45 chose the stated option.

A random variable X is said to have a  hypergeometric probability distribution if and only if

\(p(x)=P(X=x)=\frac{(r, x) \times(N-r, n-x)}{(N, n)} \quad\left[(r, x)=C_{x}^{r}=\frac{n !}{x ! \times(n-x) !}\right] \dots \dots (1)\)

Where y is an integer 0, 1, 2,...........n, subject to the restrictions \(x \leq r\) and \(n-x \leq N-r\).

We have given N = 57, n = 10, and r = 45

Hence using equation (1), we can write,

\(\begin{array}{c}
p(5)=P(X=5)=\frac{(r, 5) \times(N-r, n-5)}{(N, n)} \\
p(5)=P(X=5)=\frac{(45,5) \times(57-45,10-5)}{(57,10)} \\
p(5)=P(X=5)=\frac{C_{5}^{45} \times C_{5}^{2}}{C_{10}^{5}}=0.0224
\end{array}\)

Hence the \(P(x=5)=0.0224 \text {. }\)

Add to cart


Study Tools You Might Need

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!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back