Question: Please help me come up with a probability example Professors instructions : Describe a situation where you see probabilities or might see probabilities. Then present
Please help me come up with a probability example
Professors instructions : Describe a situation where you see probabilities or might see probabilities. Then present this probability as a conditional probability.
Example provided by Professor
Consider the following 3 x 4 contingency table in which a sample of 1400 companies is summarized in terms of the company's industry type (X, Y, or Z) and geographic location (A, B, C, or D). QUESTION:What is P(A and Y)?
P.S Please DO NOT use the "3 BOXES EXAMPLE" FROM OTHER TUTORS POST
There is an example in your homework similar to this: Consider the following 3 x 4 contingency table in which a sample of 1400 companies is summarized in terms of the company's industry type (X, Y, or Z) and geographic location (A, B, C, or D). QUESTION: What is P04 and Y)? i in is ic in 'X ' 124 ' 110 ' 108 ' 114 ' Y ' 130 ' 106 ' 122 ' 112 Z 128 118 112 116
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