A retail establishment accepts either the American Express or the VISA credit card. A total of 24 percent of its customers carry an American Express card, 61 percent carry a VISA card, and 11 percent carry both cards. What percentage of its customers carry a credit card that the establishment will accept?
Answer to relevant QuestionsUse induction to generalize Bonferroni’s inequality to n events. That is, show that P(E1E2 . . .En) ≥ P(E1) + . . . + P(En) − (n − 1) A recent college graduate is planning to take the first three actuarial examinations in the coming summer. She will take the first actuarial exam in June. If she passes that exam, then she will take the second exam in July, ...If two fair dice are rolled, what is the conditional probability that the first one lands on 6 given that the sum of the dice is i? Compute for all values of i between 2 and 12. Suppose that an ordinary deck of 52 cards is shuffled and the cards are then turned over one at a time until the first ace appears. Given that the first ace is the 20th card to appear, what is the conditional probability ...In Example 3a, what is the probability that someone has an accident in the second year given that he or she had no accidents in the first year?
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