STA 1625 Essential Statistics and Analytics Questions

Click here to ORDER an A++ paper from our MASTERS and DOCTORATE WRITERS: STA 1625 Essential Statistics and Analytics Questions

STA 1625 Essential Statistics and Analytics Questions

Description

 

 

Gaming and probability are intertwined. In fact, there is an entire discipline in mathematics called “Game Theory.” In this assessment, you will apply discrete and continuous probability distributions to games. There will be two parts: the first will concentrate on discrete probability distributions, and the second part will focus on continuous probability distributions.

Instructions
Part One – Data Table

The theoretical probability of rolling a fair six-sided die is 1/6 for any specific single outcome, such as rolling a one. You want to test the theoretical probability by running an experiment.

In this experiment, you need to roll a six-sided die 25 times. Record the outcome of each die roll. Create a discrete probability distribution using your outcomes as the probability. For example, if you rolled 4 fives out of your 25 total rolls, your probability would be 4/25.

  • x – 1 – 2 – 3 – 4 – 5 – 6
  • P(x)
Part Two – Discrete Probability Distribution

After filling in the table above with your experimental probability, answer the following questions. Show all work for full credit. Calculations should be performed in Excel while answers including an explanation of steps using proper terminology are provided in a separate document.

1. What is the expected outcome for rolling a six-sided die using the discrete probability distribution table above?

2. What is the probability of rolling an even number according to the discrete probability distribution table above?

  • How does this compare to the theoretical probability of 0.5?
  • Explain why you think there is a difference between the theoretical probability and the experimental probability you found.

3. Create a binomial probability distribution based on the discrete probability distribution table above where a success is rolling an even number. Answer the following questions:

  • How do you know this is a Binomial Probability Distribution? Explain by showing how this example fits all four properties of a Binomial Probability Distribution.
  • Define n,p,q.
  • What is the probability that you will roll exactly 12 even numbers?
  • What is the probability that you will roll at least 12 even numbers?
  • Find the expected number of even numbers that you will roll.
Part Three – Continuous Probability Distribution

Dice are a common tool used in several board games. One board game which utilizes two dice is Monopoly. While the outcomes of rolling two dice in this game would be a discrete random variable, we are interested in looking at a continuous random variable associated with Monopoly and its respective probability.

The time it takes to finish a game of Monopoly is normally distributed with a mean of 120 minutes and a standard deviation of 30 minutes. Using this premise, answer the following questions. Show all work for full credit. Calculations should be performed in Excel while answers including an explanation of steps using proper terminology are provided in a separate document.

  1. Explain why this is a continuous probability distribution instead of a discrete probability distribution.
  2. What is the probability that a game lasts less than 45 minutes?
  3. What is the probability that a game lasts more than 160 minutes?
  4. What is the z-score of a game that lasts exactly 105 minutes?

    Click here to ORDER an A++ paper from our MASTERS and DOCTORATE WRITERS

    Your assignment woes end here!

    Who We Are
    We are a professional custom writing website. If you have searched for a question and bumped into our website just know you are in the right place to get help in your coursework.

    Do you handle any type of coursework?

    Yes. We have posted over our previous orders to display our experience. Since we have done this question before, we can also do it for you. To make sure we do it perfectly, please fill out our Order Form. Filling the order form correctly will assist our team in referencing, specifications, and future communication.

    Is it hard to Place an Order?

    ORDER NOW FOR AN ORIGINAL PAPER ASSIGNMENT

    1. Click on the  “Order Now” on the Main Menu and a new page will appear with an order form to be filled.

    2. Fill in your paper’s requirements in the “PAPER INFORMATION” section and the system will calculate your order price/cost.

    3. Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.

    4. Click “FINAL STEP” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.

    100% Reliable Site. Make this your Home of Academic Papers.

    SCORE A+ WITH HELP FROM OUR PROFESSIONAL WRITERS: ORDER NOW FOR AN ORIGINAL PAPER ASSIGNMENT

    Always Order High-Quality Academic Papers from HERE 

    5. From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it. 

    We will process your orders through multiple stages and checks to ensure that what we are delivering to you, in the end, is something that is precise as you envisioned it. All of our essay writing service products are 100% original, ensuring that there is no plagiarism in them. The sources are well-researched and cited so it is interesting. Our goal is to help as many students as possible with their assignments, i.e. our prices are affordable and services premium.

    Looking for a Similar Assignment? Order a custom-written, plagiarism-free paper

    Your assignment woes end here!

Get a 25 % discount on an order above $ 100
Use the following coupon code :
Corgi25