The owner of a McDonald’s restaurant in France is considering the possibility of opening up a new franchise at the other end of her town. At the same time, the manager of the Pennsylvania Turnpike is deciding whether to recommend raising the speed limit by 10 miles per hour. Draw a single Venn diagram representing their possible decisions. Explain any assumptions you have made regarding mutual exclusivity of events.
Answer to relevant QuestionsA shopping mall developer and a historical society are the only two bidders for a local historical landmark. The sealed bids are to be opened at next week’s city council meeting and the winner announced. Draw a single Venn ...In 2008, McDonald’s had 31,967 restaurants system wide. Of these, 21,328 were operated by franchisees, 6502 by the company, and 4137 by affiliates. What is the probability that a randomly selected McDonald’s restaurant ...It is possible to have a sample space in which P(A) = 0.7, P(B) = 0.6, and P(A and B) = 0.35. Given this information, would events A and B be mutually exclusive? Would they be independent? A taxi company in a small town has two cabs. Cab A stalls at a red light 25% of the time, while cab B stalls just 10% of the time. A driver randomly selects one of the cars for the first trip of the day. What is the ...For the information provided in Exercise 5.39, the cabbie finds that his car stalls at the first red light he encounters. Given this additional information, what is the probability that he has selected cab A? In exercise ...
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