Question: Question 1 (4 marks) Marks a) The table below shows petrol brand companies that are most preferred based on a random sample of 60 motorists

Question 1 (4 marks) Marks a) The table below shows petrol brand companies that are most preferred based on a random sample of 60 motorists surveyed who live in Sydney. Petrol brand Count BP 13 Caltex 9 Metro 28 Shell 10 What is the probability of finding a motorist who prefers either the BP, Metro, or Shell brand companies of petrol? [1] b) The Australian Bureau of Statistics publishes data on the benefits offered by small companies to their employees. Only 61% offer retirement plans while 42% offer life insurance. Suppose 33% offer both retirement plans and life insurance as benefits. If a small company is randomly selected, determine the following probabilities: i) The company does not offer a retirement plan. [1]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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 Mathematics Questions!

QUESTION 1 b) The number of unhealthy days based on the AQI (Air Quality Index) for a random sample of metropolitan areas is shown below. Assume that the distribution of AQI is normally a) From past...

Hi, is this Two sample test ? And the Assumptions are normally distributed? What is the Hypothesis test H? A? T? D? C? Question 1 (8 marks) Question 1 continued A Sydney motorist has the choice of...

11:18 PM g 'G)' I! Q 33 .ulll WP. .ulll '9' e Question 2 4 Marks The following table provides product survey results for the reliability rating of four mobile phone brands. A value of 0 represents...

Congratulations! Your firm* has been engaged to conduct a research study for a professional football team, the Melbourne Royals. Your client would like to better understand the match day experience...

l. A survey among 250 Junior and Senior students in a particular university in Kuwait resulted in the following information. If randomly a student is selected, Year Mathematics Economics Accounting...

Question 1: (13.5 marks) As per the findings of Rais project team, the future disproportionate growth in the MCO market would come from NFWs. Question 1A: Determine the characteristics of the three...

SECTION A [40 Marks] Read the case study below and answer ALL questions that follow. Honour the past ... invent the future: A BIC case study Challenges In the highly competitive modern global market...

Question 1 (20 marks) ? Lectures 2 and 3: Time Value of Money and Interest Rates I and II 8 marks Ted just won the lottery, and he must choose among three award options. He can elect to receive a...

SECTION A [40 MARKS] Answer ALL the questions in this section. QUESTION 1 (40 Marks) Read the article below and answer ALL questions that follow. Ford SAs woes continue as it recalls more than 4500...

Consider two 12% (coupon rate) $100 (face value) government bonds that differ only in that one matures in 2 years? time and the other in 5 years? time. Both bonds pay coupon annually. i. What will be...

(b) Based on the Verilog coding in Figure Q4(b), draw the equivalent logic circuit. module question4 (out, i0,il,s); output out; input i0, il; input s; wire sbar, yl, y2; not n1 (sbar,s); and...

12. Property # 500 is a joint working interest property. Spinnaker Petroleum owns 60%, Hatch Corporation owns 30%, and Earth Company owns 10% of the working interest. Alec Petroleum is the operator...

Current Altempt in Progreis Bramble Cora produces a product that requires 2 . 6 0 pounds of materials per unit. The allow ance for waste and spoilage per unit is prodaction time is 1 hour ger unit,...

Using a periodic review inventory system, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, 30 units of inventory on hand, a service probability of...

Mortality rate

Armed conflicts.

Take responsibility for the other persons or others experience of the situation.