An average of 73 people die each year in the US as the result of being struck by lightning, with Florida recording the highest number of fatalities. The chances of being struck (but not necessarily killed) by lightning are put at approximately 1 in 700,000 (.000001428). Assuming that the strikes are independent, how likely is it that you would be hit by lightning twice in your life? Discuss the appropriateness of the independence assumption and any other assumptions you make.
Answer to relevant QuestionsWhich of the following pairs of events would seem to be mutually exclusive? (Without more complete information, it may be impossible to make a definite judgment, but use your instincts and make a logical case.) a. A = a ...Four players have made it to the semi-finals of the USTA Tennis Championships. You’ve assigned the following probabilities for each of the players winning the title: a. How likely is it that a European player will win the ...The situation described in Exercise 27 featured the weekly deliveries of two suppliers. Deliveries from supplier A are late 7% of the time. Deliveries from supplier B are late 3% of the time. Two percent of the time both ...You are about to begin a new marketing campaign that you hope will turn out to be a huge success, although there’s a chance that it may only be a modest success, or even a complete bust. You have just submitted a budget ...Below is a table showing the year-to-year US sales trends for five auto companies headquartered in the US and Japan. a. Determine the simple probability of randomly selecting a company whose sales trend was down (Event ...
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