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True of False? Please answer as many as you can, and show work please! thank you

ID: 2964794 • Letter: T

Question

True of False? Please answer as many as you can, and show work please! thank you in advance.

1) Suppose the random variable X represents the side of the car where your gas cap is located {left side, right side}and the probability of a gas cap being located on the right side is 0.5. The location of gas caps is known to follow a binomial distribution, if you look at 6 cars, then 3 is the most likely outcome for gas caps located on the left side of the car.
2) Suppose the rate of return for on a proposed investment can be best
described by a normal distribution with mean 10% and standard deviation
3%. Then probability that the rate of return for the investment equals
exactly 10% is 0.5
3) In a linear regression, when performing a hypothesis test on the slope
(?1), the null hypothesis (Ho) is always that the slope (?1) is equal to zero
and the alternative hypothesis (H1) is always that there is a positive linear
relationship between the input variable X and the output variable Y

Explanation / Answer

1) Given is a binomial distribution B(n,p) with n =6, p=0.5, We know that mean = np = 3, which means, most likely outcome for gaps located on right side = 3,

So, most likely outcome for located on left = 6-3 =3 .

So, true

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