Suppose P(A) = .40 and P(B | A) = .30. What is the joint probability of A
Question:
Suppose P(A) = .40 and P(B | A) = .30. What is the joint probability of A and B?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (14 reviews)
By the Genera...View the full answer
Answered By
Muhammad Imtiaz Rasool
Teaching profession brings with it lots of duties and challenges.
When I completed my Bachelor's Degree. So I entered this profession.
I am in this profession of teaching in a School for about 2 years. Every time whenever I am going to teach a class as a part of this noble profession .I am learning also. I am trying consistently ....how to represent, interpret, summarize and rethink about the whole concept I wish to teach or rather inspire my students in a specific period of time assigned to me.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-1259666360
17th edition
Authors: Douglas A. Lind, William G Marchal
Question Posted:
Students also viewed these Business questions
-
Johnstone & Johnstone (J&J) has developed a new type of hand lotion with a distinctive fragrance. Before distributing it nationally, J&J will test market the new product. The joint probability of a...
-
Jernimos Ltda produces two products, turpentine and methanol (wood alcohol), by a joint process. Joint costs amount to 120 000 per batch of output. Each batch totals 40 000 liters: 25% methanol and...
-
The Vapor Company produces two products, turpentine and methanol (wood alcohol), by a joint process. Joint costs amount to $144,000 per batch of output. Each batch totals 40,000 litres: 25% methanol...
-
In Exercises 8486, use a graphing utility to graph f and g in the same [-8, 8, 1] by [-5, 5, 1] viewing rectangle. In addition, graph the line y = x and visually determine if f and g are inverses....
-
The table summarizes the number of mobile phones per 100 people in the population of each of the countries with at least 100 mobile phones per 100 people. Construct a frequency histogram of the...
-
If (an) is a bounded decreasing sequence and (bn) is a bounded increasing sequence and if xn := an + bn for n N, show that is convergent. |Xn Xp+1|
-
A 25-mm-diameter hot surface at \(T_{s}=85^{\circ} \mathrm{C}\) is cooled by an air jet exiting a 5-mm-diameter round nozzle with a velocity of \(35 \mathrm{~m} / \mathrm{s}\) and temperature of...
-
Shanahan Construction Company has entered into a contract beginning January 1, 2017, to build a parking complex. It has been estimated that the complex will cost $600,000 and will take 3 years to...
-
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: S Raw materials Work in process Finished goods Beginning Inventory...
-
A company wants to build a website where user can register themselves and buy/renew health insurance policies. Also, they can process claims from a separate section on the website. Once logged in,...
-
Suppose the two events A and B are mutually exclusive. What is the probability of their joint occurrence?
-
Suppose P(X1) = .75 and P(Y2 | X1) = .40. What is the joint probability of X1 and Y2?
-
Discuss the issues raised in this chapter that represent challenges for those who champion integrated brand promotions. Why would central control be required for achieving IBP? If media planners wish...
-
Miller Company's total sales are $126,000. The company's direct labor cost is $15,120, which represents 30% of its total conversion cost and 40% of its total prime cost. Its total selling and...
-
Using the issue of refugee resettlement as an example, demonstrate how every pairing is either wasteful or has justified envy. 3 groups G = (g1, g2, g3) Group size are s=1,5 = 1,53 = 2 2 localities L...
-
DM acquired 80%-of the equity shares in SZ on 1 January 20X1. The consideration for the acquisition consisted of the following: Cash of $4,800,000 paid on 1 January 20X1 Cash of $2,000,000 payable on...
-
A stock has a current selling price of $20. The distribution of the price of the stock one year from now is believed to be as follows: PRICE (x) PROBABILITY f(x) 20 .05 21 .06 22 .07 23 .08 24 .09 25...
-
You have been provided with the following information for the city of Athena: General Fund: Cash: $500,000 . . Property Tax Receivable: $200,000 Accounts Payable: $100,000 Fund Balance: $600,000 Land...
-
The first number is odd and the second number is even. If two of the same nine sheets of paper mentioned above are selected, without replacement, from the hat, determine the probability that.
-
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
-
Refer to the Real Estate DataSaskatoon online, which reports information on list prices, type, number of full and half bathrooms, number of bedrooms, and total square feet. a. What is the probability...
-
Refer to the Real Estate DataSaskatoon online, which reports information on list prices, type, number of full and half bathrooms, number of bedrooms, and total square feet. a. What is the probability...
-
Refer to the Real Estate DataSaskatoon online, which reports information on list prices, type, number of full and half bathrooms, number of bedrooms, and total square feet. a. What is the probability...
-
16. Nickel Inc. bought $500,000 of 3-year, 9% bonds as an investment on December 31, 2015 for $545,000. Nickel uses straight-line amortization. On May 1, 2016, $100,000 of the bonds were redeemed at...
-
5. Recursive method; what is printed if we call mystery (6, 12); public static void mystery (int x, int y) { if (x > y) { System.out.print ("/"); else if (x = y) { } else { System.out.print ("=" + y...
-
Simmonds Products has spent $158,500 (sunk cost) on research to develop low-fat imitation wine. The firm is planning to spend $210,000 on a machine to produce new wine. Shipping cost of $60,000 and...
Study smarter with the SolutionInn App