Given P(A) = 0.7 and P(B) = 0.8: (a) If A and B are independent events, compute
Question:
(a) If A and B are independent events, compute P(A and B).
(b) If P(B | A) = 0.3, compute P(A and B).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
a PA and B P...View the full answer
Answered By
Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
5.00+
120+ Reviews
150+ Question Solved
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
Question Posted:
Students also viewed these Statistics questions
-
If A and B are independent events and Pr(B) < 1, what is the value of Pr(Ac | Bc)?
-
1. If A and B are independent events with nonzero probabilities, then A can occur when B occurs. 2. Rolling a number less than 3 on a normal six-sided die has a probability of 1 / 3. The complement...
-
Given an 8 percent interest rate, compute the year 7 future value if deposits of $1,000 and $2,000 are made in years 1 and 3, respectively, and a withdrawal of $700 is made in year 4.
-
ZA Berhad is an investment holding company located in Malaysia. Property development, building, property investment, and management services are the primary activities of the corporation and its...
-
Describe the difference between an insured pension fund and a noninsured pension fund. What type of financial institutions would administer each of these?
-
In a tourist-destination city, the market for ATM fillers is perfectly competitive. The demand for ATM fillers is given by L = 200 5W, where L is the number of workers desired and W is their wage....
-
The equation of motion of a single-degree-of-freedom system is given by \[2 \ddot{x}+0.8 \dot{x}+1.6 x=0\] with initial conditions \(x(0)=-1\) and \(\dot{x}(0)=2\). (a) Plot the graph \(x(t)\) versus...
-
The following data are for the A, B, and C Companies: Required a. Compute the Z score for each company. b. According to the Altman model, which of these firms is most likely to experience...
-
By reviewing its donation records, the alumni office of a college finds that 80% of its alumni who contribute to the annual fund one year will also contribute the next year, and 30% of those who do...
-
Acadia Logistics anticipates that it will need more distribution center space to accommodate what it believes will be a significant increase in demand for its final-mile services. Acadia could either...
-
Given P(A) = 0.2 and P(B) = 0.4: (a) If A and B are independent events, compute P(A and B). (b) If P(A | B) = 0.1, compute P(A and B).
-
Given (1A) = 0.2, P(B) = 0.5, and P(A | B) = 0.3: (a) Compute P(A and B). (b) Compute P(A or B).
-
An alphabetical list of Rikards Company's adjusted accounts at its fiscal year end, August 31, 2017, follows. All accounts have normal balances. Additional information: 1. Of the notes payable,...
-
How can you segment Under Armour's current and potential customers based on their demands and behaviors? (Don't categorize based on typical geographic/demographic criteria).
-
Interdependency of at least 3 types of role players on each other and how the code of conduct regulates each?
-
The company to work on is Tbk Creative . Make at least 5-6 relevant and measurable goals for your company's ( Tbk Creative) digital presence for next 3-6 months. Give as much information as possible...
-
Advertising on various media channels is the need of the hour and companies are spending hefty amount of money on branding and advertising. Write down the Advantages and Disadvantages of- 1....
-
If you were not working in purchasing (or related logistics/contracting): What kinds of shortages did you run into? When supply did start coming back in, did you notice a reduction in quality, as...
-
Have students check their EQ, or Ethics Quotient, by completing the following assessment found in the text at the end of the chapter. Students can assess their performance to evaluate their overall...
-
What is your assessment of the negotiations process, given what you have studied? What are your recommendations for Mr. Reed? You must justify your conclusions
-
The following data give the weekly amounts spent on groceries for a sample of 45 households. a. How many classes would you recommend? b. What class interval would you suggest? c. What would you...
-
A social scientist is studying the use of iPods by college students. A sample of 45 students revealed they played the following number of songs yesterday. Organize the above information into a...
-
David Wise handles his own investment portfolio, and has done so for many years. Listed below is the holding time (recorded to the nearest whole year) between purchase and sale for his collection of...
-
Find f'(x) and find the equation of the line tangent to the graph of f at x = 1. f(x)=(1+4x)(5-4x) f'(x)=
-
Find f'(x) and find the equation of the line tangent to the graph of f at x = 3. f(x)= 5x 2* f'(x)=
-
The total sales of S (in thousands of DVD's) of a certain movie are given by the following formula where t is the number of months since the release of the DVD. Use the formula to answer the...
Study smarter with the SolutionInn App