Watch the following video and, in the space below, provide the ideal number of tickets (in this example) that is likely to yield the highest revenue. (It’s a pretty neat example of the power of probability!)
You work in commercial real estate, and your supervisor tell…
You work in commercial real estate, and your supervisor tells you that the probability of closing an important deal is 1.15. This would be a valid probability.
A concert promoter is planning for an upcoming event, which…
A concert promoter is planning for an upcoming event, which will take place outdoors. He is worried that there might be rain or a nearby traffic accident, which could cause problems. If the likelihood of rain is 15% and an accident is 18%, what is the probability that one OR the other event will occur on the day of the concert? Your answer should be a decimal rather than a percentage. Also, as a note, both events could occur at the same time, and to determine the likelihood of that happening, you can multiple the individual probabilities together.
A beef distributor uses the following chart to examine the p…
A beef distributor uses the following chart to examine the percentage of fat in their beef. The chart can be used to examine both the central tendency and variation in their data.
In a dataset, if each outcome is doubled, the sample varianc…
In a dataset, if each outcome is doubled, the sample variance doubles. Hint: You could test this statement using the data from the previous question.
A restaurant manager surveys his customers to understand the…
A restaurant manager surveys his customers to understand their responses to new menu items. The items are scored on a scale that goes from “not satisfied” to “extremely satisfied.” In this scenario, the data follow which of the following measurement scales?
In statistics, which of the following measures of central te…
In statistics, which of the following measures of central tendency is the most frequently occurring value in a data sample? (It is the value that is most likely to be sampled.)
The following Python syntax is correct.
The following Python syntax is correct.
When the following Python script is run, what will be displa…
When the following Python script is run, what will be displayed in the output?
Which of the following muscle(s) in the lower leg assist wit…
Which of the following muscle(s) in the lower leg assist with plantarflexion AND eversion?