Question: Let P(A) = 0.45, P(B) = 0.20, and P(A | B) = 0.40. a. Calculate P(A B). (Round your answer to 3 decimal places.)

Let P(A) = 0.45, P(B) = 0.20, and P(A | B) = 0.40.

a. Calculate P(A ∩ B). (Round your answer to 3 decimal places.) P(A ∩ B)

b. Calculate P(A U B). (Round your answer to 3 decimal places.) P(A U B)

c. Calculate P(B | A). (Round your answer to 3 decimal places.) P(B | A)

Step by Step Solution

★★★★★

3.39 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

venC PA 045 PB 020 PAIB 040 a PAOB fosmula fsom Conditional probability ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Use a calculator to evaluate expression. Round your answer to three decimal places. sin 17

Q:

Use a calculator to evaluate expression. Round your answer to three decimal places. cos 2/5

Q:

Use a calculator to evaluate expression. Round your answer to three decimal places. sec 229

Q:

A cruise company wants to know which factors influence an individual's interest to go for a cruise vacation. It conducted a survey of sixteen people chosen randomly. The survey asked the participants...

Q:

The questions given below are on Microeconomics. Provide solutions for the same. \fAn economy has two agents, Bill and Bob. Bill has $110, and Bob has $200. Utility of agents in this economy is...

Q:

Dungan Corporation is evaluating a proposal to purchase a new drill press to replace a less efficient machine presently in use. The cost of the new equipment at time 0, including delivery and...

Q:

The comparative balance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company. Additional information from Duxs accounting records is provided also. Additional...

Q:

Refer to the data provided in the P 214 for Dux Company. Data from in P 21-4 The comparative balance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company....

Q:

Refer to the data provided in the P 214 for Dux Company. Data from in P 21-4 The comparative balance sheets for 2024 and 2023 and the statement of income for 2024 are given below for Dux Company....

Q:

1. The Albany Youth Center (AYC) has an after-school contract with the city. Under the contract, MYC earns $3 per day for each child who uses the program. AYC served the number of children shown...

Q:

show calculations how you got the answers Cane Company manufactures two products called Alpha and Beta that sell for $225 and $175, respectively. Each product uses only one type of raw material that...

Q:

Problem 1.1 Find the equivalent stiffness at point A. Answer: 9.20106 N/m Problem 1.2 Consider a stainless-steel metal ruler. Assume it is 12 in long, 1.25 in wide, and 0.018 in thick with an elastic...

Q:

In half a page, explain how the child protection reporting system operates. In your answer, consider reporting protocols, policies for working with other agencies and how the system responds to...

Q:

a. What manufacturing data is used by the managerial accounting module within ERP? b. How is this information used to control costs, to maximize productivity, and to streamline operations? c. How...

Q:

What is Big Data? What are the 3V's of Big Data? What tasks are usually performed in a database marketing campaign? Research three Business Analytics tools. Name and describe them and the features of...

Q:

(a) Explain briefly any five Methods of Costing. (5) (b) Pleasant Cold Limited manufactured and sold 1,000 refrigerators in the year ending 31st March, 2012. The summarised Trading and Profit and...

Q:

Selected transactions for M. Lily, an interior decorator, in her first month of business, are as follows. Jan. 2 3 9 11 16 20 23 28 Invested $13,600 cash in business. Purchased used car for $4,080...

Q:

For each equation, (a) Write it in slope-intercept form (b) Give the slope of the line (c) Give the y-intercept (d) Graph the line. 7x - 3y = 3

Q:

Suppose there are 3 defective items in a lot (collection) of 50 items. A sample of size 10 is taken at random and without replacement. Let X denote the number of defective items in the sample. Find...

Q:

Let X and Y denote the respective lengths of male and female green lynx spiders. Assume that the distributions of X and Y are N(X, 2x) and N(Y, 2Y), respectively, and that 2Y > 2x. Thus, use the...

Q:

Using Example 4.4-2, (a) Determine the variances of X and Y. (b) Find P(X Y).

Q:

A toy manufacturer distributes its toys from five distribution centres (DCs) throughout the country. Anew plant is to be built for a new line of toys. The monthly quantities to be shipped to each DC'...

Q:

Governments compete with each other to attract businesses to create jobs in their jurisdictions. Some examples of these subsidies are given in the Some Examples of Subsidies OM in Action. There is no...

Q:

What is the factor rating method, and how does it work?