A Card Player Claims That the Probability of Choosing a Red

question 48

Essay

A card player claims that the probability of choosing a red jack from a well-shuffled deck of cars is 1/26 because choosing any card is equally likely and there are two red jacks in the deck of fifty-two cards. Is this an example of a theoretical probability or an empirical probability? Explain.

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Definitions:

Coefficient Of Correlation

A statistical measure that calculates the strength of the relationship between the relative movements of two variables, represented typically by the Pearson correlation coefficient value.

Stocks

Shares in the ownership of a company, representing a claim on the company's assets and earnings.

Composed

Pertains to being made up of several parts or elements.

Variance

A measure of how much values in a data set differ from the mean of the data set.