A certain federal agency employs three consulting firms (A, B, and C) with probabilities 0.40, 0.35, and
Question:
(a) What is the probability that the consulting firm involved is company C?
(b) What is the probability that it is company A?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
Consider the events O overrun A consulti...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Probability & Statistics For Engineers & Scientists
ISBN: 9780130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
Question Posted:
Students also viewed these Statistics questions
-
From a bond it is known that the worst expected loss in 1 day at 95% would be 3.5 basis points and in price it would be $ 4. What is the price of the bond if the modified duration is 8.9 years?
-
It is known that the amount of time needed to change the oil on a car is normally distributed with a standard deviation of 5 minutes. The amount of time to complete a random sample of 10 oil changes...
-
A company services home air conditioners. It is known that times for service calls follow a normal distribution with a mean of 60 minutes and a standard deviation of 10 minutes. a. What is the...
-
You have been asked to manage a $3 million university endowment fund, which is used to fund the additional salary stipend for 5 endowed chair positions. The stipend for each chair is $30,000 (for a...
-
A gamma-ray photon produces an electron and a positron, each with a kinetic energy of 285 keV. Determine the energy and wavelength of the photon.
-
A firm has the following cash flows: Year 0 : ( $ 2 8 , 7 0 0 ) , Year 1 : 1 2 , 7 0 0 , Year 2 : 1 5 , 7 0 0 , Year 3 : 1 1 , 7 0 0 . The appropriate discount rate is 1 5 percent. What is the IRR...
-
David is borrowing \($150\),000 from Hartford Bank to open a road and off-road bicycle shop. Since David expects it to take a few years before the shop earns a sizeable profit, he has arranged for no...
-
On January 1, 2017, Kimbel Inc. had these stockholders' equity balances Common Stock, $1 par (2,000,000 shares authorized, 600,000 shares issued and outstanding) .............................$...
-
2 The fuel consumption rate of a car is 8 litres per 100 km. 2.1 How far can the car travel on a full tank of 40 litres of petro 2.2 If the cost of petrol is R10,05 per litre, calculate how far the...
-
Julio and Milania are owners of Falcons Corporation, an S corporation. They each own 50 percent of Falcons Corporation. In year 1, Julio and Milani received distributions of $20,000 and $10,000,...
-
Electrical, chemical, industrial, and mechanical engineering curricula were studied. It was found that some students took no statistics, some took one semester, and others took two semesters....
-
A manufacturer is studying the effects of cooking temperature, cooking time, and type of cooking oil for making potato chips. Three different temperatures, 4 different cooking times, and 3 different...
-
If the speed of sound in air is found to be 343.2 m/s, what is the temperature of that air?
-
Larry is a bank officer and is married to Lisa, a law lecturer at a university, Lisa specializes in environmental law. In July 2020, Larry resigned from his job and started a new delicatessen...
-
David is an international student currently studying the Master of Professional Accounting degree commencing July 2021 at TIIS in Sydney. Discuss whether he is a resident of Australia for tax...
-
What are the implications of making a tax investment of a foreign company in Switzerland and moving the domicile of the combined company abroad? Could this save taxes such as the corporate tax rate...
-
What is the concept of a file allocation table (FAT), and what are its operational principles in managing file storage within a filesystem?
-
If you play 200,000 for a Ferrari (the whole thing) and the steering wheel inside costs them $800, how much should the Ferrari contribute to GDP All ImagesBooksNewsShoppingMore Tools SafeSearch on...
-
What are some of the criteria used for validating data captured in a system?
-
Quadrilateral EFGH is a kite. Find mG. E H <105 G 50 F
-
A crass host pours the remnants of several bottles of wine into a jug after a party. He then inserts a cork with a 2.00-cm diameter into the bottle, placing it in direct contact with the wine. He is...
-
1. To help the manufacturer get a clear picture of type I and type II error probabilities, draw a versus chart for sample sizes of 30, 40, 60, and 80. If is to be at most 1% with = 5%, which...
-
For each one of the following null hypotheses, determine if it is a left-tailed, a right-tailed, or a two-tailed test. a. 10. b. p 0.5. c. is at least 100. d. = 20. e. p is exactly 0.22. f. ...
-
The calculated z for a hypothesis test is 1.75. What is the p-value if the test is (a) Left-tailed, (b) Right-tailed, (c) Two-tailed?
-
On January 1, 2019, Jerome Company purchased nontrading equity investments which are irrevocably designated at FVOCI Purchase Transaction price Market value December 31, 2019 cost Security A Security...
-
Identify the revision of the sentence that removes fillers without changing the meaning of the sentence. Isabella was looking for the gross income total in the report when she said she was absolutely...
-
You are considering investing in the following 10 year cash flow. If you required rate of return is 8%, what is the current value of this project? Assume all cash flows occur at the end of the year....
Study smarter with the SolutionInn App