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Homework+3 - IOE 474 Winter 08 Homework 3 Due at noon 1 A...

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IOE 474 Winter 08 – Homework 3 Due 10/2/09 at noon 1. A professor would like to use simulation to determine the average final grade of a class. A student’s final grade is comprised of the total homework grade and one exam grade (Final Grade = Total Homework Grade + One Exam Grade). The professor allows students to drop their lowest homework grade. Therefore the total homework grade is the top 3 of the 4 homework grades. Conduct a simulation using the following probability tables to determine the average final grade for 34 students. Homework 1 Homework 2 Homework 3 Homework 4 Grade Probability Grad e Probability Grad e Probability Grad e Probability 10 0.45 10 0.30 10 0.60 10 0.37 9 0.20 9 0.29 9 0.20 9 0.31 8 0.18 8 0.22 8 0.13 8 0.12 7 0.10 7 0.15 7 0.05 7 0.11 6 0.07 6 0.04 6 0.02 6 0.09 Exam Grade Probability 50 .14 47 .21 44 .36 41 .19 38 .10 Submission Notes: Submit an excel workbook 2. Little’s Laces Company is the leading producer of footballs for the Big 10. The footballs arrive to Little’s Laces fully assembled except the very important step of lacing the football.
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