Question

Question Five – Quickies (12 marks) For each part of this question, complete the statement or...

Question Five – Quickies

For each part of this question, complete the statement or statements by typing in your answers in the provided spaces:

  1. If the probabilities: that event A occurs is .45; that event B occurs is .70; and, that both A and B occur is .25,

The probability (up to 4 decimal places if needed) that events A or B (or both) occur is ________

The probability (up to 4 decimal places if needed) that event A occurs given that B occurs is ________

  1. If the probabilities: that event A occurs is .30; that event B occurs is .6; and, that event B occurs given that event A occurred is .6,

Complete the following contingency table by typing the appropriate probabilities (to 2-decimal places in the spaces provided

                                             A                 AC           total

                              B         _____        _____        _____               

                              BC       _____         _____       _____

                           Total     _____         _____       _____

  1. Given the following probability distribution of X:

x             P(x)

0             .15

1             .20

2             .40

3             .25

               The expected value (to 2-decimal places) of X is ________

               If Y = 3 + 4X, the expected value (to 2 decimal places) of Y is _________

Homework Answers

Answer #1

please rate me high.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question Five – Quickies (12 marks) For each part of this question, complete the statement or...
Question Five – Quickies For each part of this question, complete the statement or statements by typing in your answers in the provided spaces: If the probabilities: that event A occurs is .45; that event B occurs is .70; and, that both A and B occur is .25, The probability (up to 4 decimal places if needed) that events A or B (or both) occur is ________ The probability (up to 4 decimal places if needed) that event A occurs...
Consider the following contingency table. B Bc A 26 26 Ac 20 28 a. Convert the...
Consider the following contingency table. B Bc A 26 26 Ac 20 28 a. Convert the contingency table into a joint probability table. (Round intermediate calculations to at least 4 decimal places and final answer to 4 decimal places.) B Bc Total A Ac Total b. What is the probability that A occurs? (Round intermediate calculations to at least 4 decimal places and final answer to 4 decimal places.)    c. What is the probability that A and B occur?...
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable....
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a lottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000, 10 first prizes of $300, 30 second prizes of $100, and 65 third prizes of $20. i. x 0 20 100 300 4,000 P(x) ? ? ? ? ? The above is also...
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable....
Analyze the scenario and complete the following: Complete the discrete probability distribution for the given variable. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a lottery, in which 2,000 tickets are sold, with 1 grand prize of $2,500, 10 first prizes of $450, 20 second prizes of $125, and 55 third prizes of $40. i. xx 0 40 125 450 2,500 P(x)P(x) Round probabilities to 4 decimal places ii. E(X)E(X) =...
For each of the following part calculate the probability and type the answer up to 4...
For each of the following part calculate the probability and type the answer up to 4 decimal places. Use Minitab and your scrap paper and just type the answer in provided spaces. a) X has a binomial distribution with n = 20 and p = 0.45. P(10 < X < 15) = b) X has an exponential distribution with variance 9. P(1< X ≤ 4.5) = c) X has a Poison distribution with standard deviation 3. P(5 ≤ X <...
Suppose that the genders of the three children of a family are soon to be revealed....
Suppose that the genders of the three children of a family are soon to be revealed. An outcome is represented by a string of the sort GBB (meaning the oldest child is a girl, the second oldest is a boy, and the youngest is a boy). The 8 outcomes are listed below. Assume that each outcome has the same probability. Complete the following. Write your answers as fractions. (a)Check the outcomes for each of the three events below. Then, enter...
Five males with an​ X-linked genetic disorder have one child each. The random variable x is...
Five males with an​ X-linked genetic disorder have one child each. The random variable x is the number of children among the five who inherit the​ X-linked genetic disorder. Determine whether a probability distribution is given. If a probability distribution is​ given, find its mean and standard deviation. If a probability distribution is not​ given, identify the requirements that are not satisfied. x   P(x) 0   0.028 1   0.153 2   0.319 3   0.319 4   0.153 5   0.028 Does the table show...
Five males with an​ X-linked genetic disorder have one child each. The random variable x is...
Five males with an​ X-linked genetic disorder have one child each. The random variable x is the number of children among the five who inherit the​ X-linked genetic disorder. Determine whether a probability distribution is given. If a probability distribution is​ given, find its mean and standard deviation. If a probability distribution is not​ given, identify the requirements that are not satisfied. x ​P(x) 0 0.0290.029 1 0.1490.149 2 0.3220.322 3 0.3220.322 4 0.1490.149 5 0.0290.029 Does the table show...
Given a normal distribution with μ=100 and σ=10, complete parts​ (a) through​ (d). a. What is...
Given a normal distribution with μ=100 and σ=10, complete parts​ (a) through​ (d). a. What is the probability that X>80​? ​(Round to four decimal places as​ needed.) b. What is the probability that X<95​? ​(Round to four decimal places as​ needed.) c. What is the probability that X<75 or X>110​? ​(Round to four decimal places as​ needed.) d. 80​% of the values are between what two​ X-values (symmetrically distributed around the​ mean)? ​(Round to two decimal places as​ needed.)
Question 1 The following are key characteristics of Indifference Curves, EXCEPT: A. Each indifference curve identifies...
Question 1 The following are key characteristics of Indifference Curves, EXCEPT: A. Each indifference curve identifies the combinations of X and Y where the consumer is equaly happy. B. Indifference curves are convex to the origin because X and Y are assumed to be close substitutes. C. For any combination of X and Y there is one and only one Indifference Curve. D. Indifference curves cannot logically cross between them if preferences are well defined. Question 2 The following are...