Question

Scenario 7 The following table lists a sample of professionals by career type and undergraduate college...

Scenario 7

The following table lists a sample of professionals by career type and undergraduate college major.

Business Major (B)

Non-Business Major (BC)

Financial Adviser       (A1)

250

40

Accountant               (A2)

189

21

Lawyer                      (A3)

81

119

What is P ( A 3 C )?

Question 28

Refer to Scenario 7

What is P ( B C ∣ A 2 )?

Question 29

Refer to Scenario 7.

What is P ( A 2 ∣ B C )?

Question 30

The odds are 5 to 9 in favor of the Kansas Chiefs winning the 2021 Super Bowl. What is the probability of the Chiefs winning the Super Bowl? (Go to four decimals as needed.)

Homework Answers

Answer #1

Solution:

P(A3^c) = 0.7143

Q28 - P(Bc | A2) = 0.1

Q29 -P(A2|Bc) = 0.1167

Q30 = 0.5556

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