QUESTION 1: Guess outcome 1. T H T T 11. T H H 21. T H 31. T 2. H T T T 12. H H T 22. T H 32. H 3. T H T H 13. T T T 23. T H 33. T 4. T T H T 14. H T H 24.H T 34. H 5. H T T H 15. T H T 25. T T 35. T 6. H H H T 16. T H T 26. H H 36. T 7. H H T H 17. H H H 27. T T 37 H 8. T T T T 18. T T T 28. T H 38. T 9. H T T H 19. H T H 29. H T 39. T 10. H T H T 20. T H T 30. T H 40. H Probability of getting a head in 30 toss is 0.33 Probability of getting a head in 60 toss is 0.43 Probability of getting a head in 100 toss is 0.44 Actual toss 1. T T H 11. T T T 21.T H 31.H H 2. H H T 12. H H H 22. H H 32.H H 3. H H T 13. T T T 23. T T 33.H H 4. T T T 14. T T T 24.T H 34.H T 5. H H T 15. H T H 25.T H 35.T T 6. T T H 16. H T H 26.T T 36.H T 7. T H H 17. T H T 27.H T 37 T H 8. H H H 18. T H T 28.H T 38.H T 9. H H H 19. T T T 29.H H 39.T H 10. H H T 20. H H T 30.T H 40.H T Probability of a head in 30 toss is 0.433 Probability of a head in 60 toss is 0.5 Probability of a head in 100 toss is 0.48 The longest streak of consecutive head was in the actual tossing having 10 heads at a go, while the length of consecutive head in the guessed tossed coin was just 4 heads at a row. In the guess tossing, no streak of long heads as this was based on imagination and just writing, while in the actual tossing you v have no control of the outcome, which had longer streak. People tend to fall prey to both gamblers fallacy and representativeness bias in the sense the
Gambling may seem harmless and an easy win with money, but it is really a tax on the poor and gives false hopes. The lottery and gambling is a tax on the poor in ways that people don’t see. As well as the tax, gambling gives people false hope.
This memo will examine Timken Company's decision to acquire Torrington by examining the stand-alone value of Torrington, the synergies of this acquisition and the effect on Timken's investment grading.
Pascal’s Wager has been argued to be impractical because our beliefs are often not in our control. This argument is
Lotteries weren’t always about millions of dollars. A popular author of short stories, Shirley Jackson brought light to this in her story “The Lottery”. As a reader I learn, the lottery is a ritual where a citizen of the town is chosen at random and abuse. This not only shows how society negatively influences people blindly, but at random as well. Jackson wrote this story to inform people of the way we live, and how society can change very fast without warning. By illustrating how the town turned on Tessie after she drew the wrong slip of paper, she gave a Segway to the way people think and how things are not
The lottery in this country is a big past time for Americans. It gives hope to the hopeless and disappointment to a multitude of participants. A quick view of statistical information regarding the lottery shows that out of all people who take part in this country wide phenomenon, each individual person has a 1 in 175,223,510 chance of hitting the jackpot (AmericanStatisticalAssociation.org). The author of “Against The Odds and Against the Common Good”, argues that the state lotteries are “urging people to gamble”. Gloria Jimenez, of whom is the author of “Against The Odds and Against the Common Good”, creates assumptions that support her stance on her argument. Jimenez also uses the viewpoint from people who disagree with her logic, by stating various counter statements that contradict her stance. To fully understand Jimenez, we have to view the different factors of her stance on why states should not be urging people to gamble, assumptions that she makes to support her stance and countering views of people who don’t necessarily agree with her argument.
The author than fails to tell the source of this experiment so the reader of her essay is left wondering if it is even valid evidence from a reliable source. These viewpoints are better placed with a thesis that reads, “States should no longer be in the business of the state lottery.” The evidence she brings at that point covers most of her essay and I do not find them addressing the issue of “the states should not be in the business of urging people to gamble” (Jiménez 116-119).
The townspeople blindly follow the traditions of the lottery. Some of the aspects of the tradition have
The report provides the analysis of the Harrison Company. The company financial conditions reveal that the company profitability has declined in the last three years making the company to face challenges in settling its short-term obligation. For example, Harrison Company has not been able to settle suppliers' payment on time as being stipulated in the contract agreement. The company deteriorating financial conditions has also made the company todecline the costs of marketing campaign in the last three years. With the implementation of various strategies to improve the company financial conditions, the report forecasts that the company will generate sales totaled $295 Million in the next five years compared to the company sales of $48 Million in the last year.
The following two paragraphs are a summary of Gloria Jimenez's essay Against the Odds and Against the Common Good. States should neither allow nor encourage state-run lotteries. There are five major arguments that people use to defend lotteries. One is that most lotteries are run honestly, but if gambling is harmful to society it is irrelevant to argue if they are honest or not. The second is that lotteries create jobs, but there are only a small handful of jobs that would be eliminated if lotteries were put out of business. Another argument that would support keeping lotteries is that, other than gambling addicts, people freely choose to buy lottery tickets. This is true, however, there are misleading advertisements that may cause people
Tabcorp also actively makes a notable contribution to the local communities through donations, provision of community services, sponsorships, etc. Tabcorp is a successful and responsible group with a commitment to create “the bigger better game” for its customers.
Wheelan argues that statistics, depending on the metrics used, can be framed to draw support for some corporate, political, or otherwise self-serving cause. In one of Wheelan’s examples (2013), he depicts two hypothetical United States political opponents: one who claims that the majority of states have had falling incomes, and another who claims that 70 percent of Americans have had rising incomes (pp. 81-82). Though these statements are not mutually exclusive, they give two contrasting impressions of the American economy—one of weakness and one of strength. Regardless of which metric more accurately describes the economy, either claim could lure in voters, who may lack the context needed to evaluate the claim. This tactic, the use of true statements in support of a dubious claim, is particularly relevant in the 2016
Teladoc Inc. is a leader in telehealth technology in the United States and primarily operates in the health care market domain. Telehealth is advanced health technology that utilizes electronic information and telecommunication technology to extend the reach of patient care. Teladoc Inc. was founded by George Byron Brooks in 2002 with a vision to improve access to high quality health care at minimal cost to consumers (Teladoc, 2017). The company provides a robust telehealth platform that supports the use of mobile devices, the Internet, video, and phone to seamlessly connect physicians with patient on a secure network. The products and services offered by Teladoc are in compliance with the Health Insurance Portability
RCP also suggest that a person is more predisposed to becoming addicted to gambling if someone else in the family – particularly a parent is or has been a problem gambler. This can be partly due to learnt behaviour – by seeing a parent gamble or having been taught to gamble by them, the child will feel that this activity is acceptable and a family activity. Often children are taken to dog or horse racing and encouraged to have a bet. This early initiation into gambling will mean that the symptoms of euphoria and excitement of the activity will be embedded at an early age. Another group of people who are more likely to become addicted to gambling are those who are already dependent or alcohol or illegal drugs and thus are already presenting as having an addictive personalities. It is interesting to note the location of many bookmakers in relation to pubs and social clubs in city centres and housing estates.
This study will examine Wilmott Dixon Group, a construction company and conduct a case study on how the company began, its growth, market, life cycle and will conduct a SWOT and Pestel Analysis. This work will further state a five-year development plan for the company to move forward in a sustainable and fair trade market.
Political Tata Motors operates in a vast amount of places all across the world . They’ve had great success in regions like Europe, Africa, Asia, the Middle East and Australia. When it come to politics influences Tata Motors need to pay close attention to Laws and regulations as well as the governing bodies that control the area. Local governments regulate commerce, trade, and investments. The local markets and economies are all influenced by national and local influences.