Examlex
In the 4 × 100 relay event,each of four runners runs 100 metres.A university team is preparing for a competition.The means and standard deviations of the times (in seconds) of their four runners are as shown in the table:
What are the mean and standard deviation of the relay team's total time in this event? Assume that the runners' performances are independent.
Maximin Strategy
A decision-making rule used in the face of uncertainty, prioritizing the maximization of the minimum possible payoff.
Credible Threat
A declaration or indication of intended action that is believable and likely enough to influence others' behaviors or decisions.
Warranty
A promise or guarantee made by a seller to a buyer to repair or replace a product that is found to be defective within a specified period.
Credible Threat
A strategy or warning that is believable and likely to be carried out in a strategic situation.
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