In surveys about sensitive topics, respondents are sometimes given ways to “hide” their answers from the surveyor. In a survey of taxpayers, one of the questions is, “Did you cheat on your taxes?” To answer, the respondent is asked to toss a coin. If it lands heads, the respondent must answer “yes.” If it lands tails, the respondent must answer the question truthfully, either “yes” or “no” (the answer has to be the one that is true). Assume that all respondents follow this procedure, and that for 10% of the respondents the truthful answer is “yes.” Also assume that the result of a respondent’s

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In surveys about sensitive topics, respondents are sometimes given ways to “hide” their answers from the surveyor. In a survey of taxpayers, one of the questions is, “Did you cheat on your taxes?” To answer, the respondent is asked to toss a coin. If it lands heads, the respondent must answer “yes.” If it lands tails, the respondent must answer the question truthfully, either “yes” or “no” (the answer has to be the one that is true). Assume that all respondents follow this procedure, and that for 10% of the respondents the truthful answer is “yes.” Also assume that the result of a respondent’s

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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A gambling game pays 4 to 1 and the chance of winning is 1 in 6. Suppose you bet $1 on this game 600 times independently. Find the expected number of times you win. Find the SE of the number of times you win. Find the chance that you lose more than $50 (that is, your net gain in the 600 bets is less than -$50).

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