You are on a TV show You have been asked to either play a di

You are on a TV show. You have been asked to either play a dice game five times of accept a $S0 bill The game works like this: bullet If you roll a 1. 2. or 3. you win $50 bullet K you roll a 4 or 5. you lose $25 bullet W you roll a 6, you lose $90 Should you play the game? Use expected values and decision theory to justify your answer Suppose the events arc labeled in the following manner: M is the event that a response is from a woman, M is the event that a response is from a man. Y is the event that a response is yes. and N is the event that a response is no. Use the data in table below to find the following probability. P(Y|M) Results of \"Violence on Television\" Poll Please round your answer to the nearest hundredth.

Solution

Total responses from Men are 237

Total responses in which Men say Yes =138

HEnce, ,p(Y|M)=138/237