Question: Binomial problem — value of p.

Answer Choices:
N/A

Answer: 0.46

Question: Which is better bet? (casino comparison image)

Answer Choices:
A/B/C/D

Answer: B. The casino game is a better bet because it has a larger expected value.

Question: Binomial problem — value of x.

Answer Choices:
N/A

Answer: 2

Question: Which describes the binomial result (significance test)?

Answer Choices:
Fill-in comparison choices

Answer: less than 0.05; greater than expected; significantly high

Question: Lottery — number of possible selections.

Answer Choices:
N/A

Answer: 1000

Question: Binomial problem — value of n.

Answer Choices:
N/A

Answer: 6

Question: Which is not requirement of binomial distribution?

Answer Choices:
A. Two categories
B. Fixed trials
C. Constant probability
D. Trials dependent

Answer: D. The trials must be dependent.

Question: Lottery — net profit if win.

Answer Choices:
N/A

Answer: 399

Question: What is your probability of winning (roulette odd)?

Answer Choices:
N/A (multiple-choice format in platform)

Answer: 19/40

Question: Lottery — probability of winning.

Answer Choices:
N/A

Answer: 1/1000

Question: Would it be unlikely for him to guess correctly on his first try?

Answer Choices:
A–F

Answer: B

Question: Lottery — expected value.

Answer Choices:
N/A

Answer: -0.6