Suppose that you have 9 cards. 5 are green and 4 are yellow. The cards are...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Suppose that you have 9 cards. 5 are green and 4 are yellow. The cards are well shuffled. Suppose that you randomly draw two cards, one at a time, without replacement. • G₁ = first card is green • G₂ = second card is green Part (a) Draw a tree diagram of the situation. (Enter your answers as fractions.) 0 GG G Y, 4/8 GY, 20/72 Part (b) Enter the probability as a fraction. P(G₁ AND G₂) = Part (c) Enter the probability as a fraction. P(at least one green) = Part (d) Enter the probability as a fraction. P(G₂ | G₁) = Ć YG YY Part (e) Are G₂ and G₁ independent events? Explain why or why not. G₁ and G2 are not independent because they are the same color card. G₁ and G₂ are not independent because after choosing the first green card, the probability of choosing another green card has changed. G₁ and G₂ are independent events because the probability of choosing a green card does not change after choosing the first card. G₁ and G₂ are independent because the chance of choosing a green card second depends on the color of the card chosen as the first card. Suppose that you have 9 cards. 5 are green and 4 are yellow. The cards are well shuffled. Suppose that you randomly draw two cards, one at a time, without replacement. • G₁ = first card is green • G₂ = second card is green Part (a) Draw a tree diagram of the situation. (Enter your answers as fractions.) 0 GG G Y, 4/8 GY, 20/72 Part (b) Enter the probability as a fraction. P(G₁ AND G₂) = Part (c) Enter the probability as a fraction. P(at least one green) = Part (d) Enter the probability as a fraction. P(G₂ | G₁) = Ć YG YY Part (e) Are G₂ and G₁ independent events? Explain why or why not. G₁ and G2 are not independent because they are the same color card. G₁ and G₂ are not independent because after choosing the first green card, the probability of choosing another green card has changed. G₁ and G₂ are independent events because the probability of choosing a green card does not change after choosing the first card. G₁ and G₂ are independent because the chance of choosing a green card second depends on the color of the card chosen as the first card.
Expert Answer:
Answer rating: 100% (QA)
There are 4 green cards and 5 yellow cards making a total of 9 cards and the cards are selected with... View the full answer
Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
Posted Date:
Students also viewed these mathematics questions
-
Suppose that you have an appointment with a customer exactly one hour later. Due to your contract, there is a penalty you have to pay if you are late for the appointment. Suppose that the penalty you...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Logical fallacies are frequently used in arguments and have an intuitive appeal that makes them effective for politicians to use. Using your understanding of fallacies, you will listen to and take...
-
A chain hangs on a thread and touches the surface of a table by its lower end. Show that after the thread has been burned through, the force exerted on the table by the falling part of the chain at...
-
If you get into an elevator on the top floor of a large building and the elevator begins to accelerate downward, will the normal force pushing up on your feet be greater than, equal to, or less than...
-
Multinational business is risky. Explain the difference between macro political risk, micro political risk, country-specific risk, and firm-specific risk.
-
Colorado Mountain Mining paid $507,700 for the right to extract mineral assets from a 500,000-ton deposit. In addition to the purchase price, Colorado also paid a $600 filing fee, a $1,700 license...
-
ELIC 203 Bb Writing Task 1 Write a paragraph describing the major trends and changes in Netflix subscribers. Netflix streaming subscribers 360.0 400 120.0 100.0 90.0 60.0 40.0 20.0 00 2012 01 2013 01...
-
Compute and interpret financial ratios that managers use to assess liquidity. Compute and interpret financial ratios that managers use for asset management purposes. Compute and interpret financial...
-
Unlevered Cost of Equity Elliott's Cross Country Transportation Services has a capital structure with 25% debt at a 7% interest rate. Its beta is 1.5, the risk-free rate is 2%, and the market risk...
-
Discuss the role of law in civil ? Discuss Statute law with a suitable example. Need explanation in more than two hundred and also explain reason for the answer IN TEXT FORM Please provide correct...
-
An Australian firm has net receivables of 200,000 SGD in three-months' time as compensation for work undertaken. Current spot rate is AUD/SGD 0.9819/0.9855 Interest rates in Singapore are currently...
-
DigiCom is a new company trying to take market share away from Apple's IPodin the MP3 player market. They are offering the 8gb Lame for $50 each, and the 16gb Lame Plus for $100. Their variable costs...
-
c) Your boss believes that the correct expected return for Telestor equals 0,11. Show how you can put together a portfolio of Oljelund, H20Kraft, Telestor in a way that earns you a risk-free...
-
a. Project A costs $5,500 and will generate annual after-tax net cash inflows of $1,950 for five years. What is the payback period for this investment under the assumption that the cash inflows occur...
-
This problem has a lot of parts to it and I'm finding it difficult where to start and just how to lay it out in general. P7.11 Consolidated Financial Statements with an International Subsidiary On...
-
You purchase a bond with a coupon rate of 6.7 percent, a par value $1,000, and a clean price of $905. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is...
-
Based on the regression output seen in Exercise 25, create a 95% confidence interval for the slope of the regression line and interpret your interval in context. In Exercise 25 Dependent variable is...
-
Look again at Exercise 26's regression output for age and cholesterol level. In Exercise 26 a) The output reports s = 46.16. Explain what that means in this context. b) What's the value of the...
-
Using the regression output in Exercise 1, identifies the error standard deviation and explain what it means in the context of the problem In Exercise 1 Response variable is Grad% R-squared 75.2% s...
-
In the late 19th century, more than half of all Americans lived on farms. New farming techniques, based on science, were being developed through university research, but older generations of farmers...
-
Review the minutes of recent meetings by Bank of Japan officials. Summarize at least one recent meeting that was associated with possible or actual intervention to affect the yens value.
-
Why might the foreign exchange intervention strategies of the Bank of Japan be relevant to the U.S. government and to U.S.-based MNCs?
Study smarter with the SolutionInn App