Question: There is a 65% chance that a painter will work today, a 35% chance that it will storm today, and a 15% chance of both

There is a 65% chance that a painter will work today, a 35% chance that it will storm today, and a 15% chance of both happening. Determine whether the events a painter working today and a storm today are approximately independent events. Justify mathematically. Approximately independent, because 0.65 0.43 Not independent, because 0.65 0.43 Approximately independent, because 0.65 0.23 Not independent, because 0.65 0.23The probability of event A occurring is 0.33, the probability of event B occurring is 0.17, and the probability of events A and B occurring is 0.09. Determine P(B|A). 0.529 0.273 0.160 0.056

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!

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

PLEASE ANSWER ME THE QUES 7 AND 8 , THANKS VERY MUCH. NEEDING DETAILED INFORMATION. \freport high account receivable or low current liabilities segregation of duties,double checks, recheck the...

You are a financial adviser advising the owner of a multi-national business who is considering which of two countries is the most tax-efficient in which to domicile. You are given that the owner...

A house has well-insulated walls 17.5 cm thick (assume conductivity of air) and area 410 m2, a roof of wood 6.5 cm thick and area 280m2, and uncovered windows 0.65cm thick and total area 33m2. (a)...

Surkis Corporation purchased a patent for $180,000 cash on April 2, 2018. Its legal life is 20 years and its estimated useful life is 5 years. The company's year end is December 31 and it prepares...

99. Let N be the number of trials until k consecutive successes have occurred, when each trial is independently a success with probability p. (a) What is P(N = k)? (b) Argue that

1. What factors should be considered when developing inventory systems for the 10,000 items carried by Dano's? What are the key differences between items that would affect how their inventory is...

Masonry Construction Group paid $10,000 for a plant asset that had a market value of $14,500. At which of the following amounts should the plant asset be recorded? Select one: A. $14,500 B. $5000 C....

The Budda-Bing Manufacturing Company Preparing Pro Forma Financial Statements for 2019 Budda-Bing Manufacturing is planning to implement a major plant-modernization program to improve its competitive...

QUESTION 16 Transactions for Pearl Co. for the month of December are presented below. 1. Pearl, the owner, Invested BHD40,000 cash to establish Pearl Co. 2. Purchased land costing BHD28,000 by...

Consider the following integral. 7 I = log(4x) dx The best way to find an antiderivative for log(4x) is to use the integration by parts formula Suv'dx = uv- = uv f u'vdx where u(x) = log(4x) v'(x) =...

Designing a Norman Window A Norman window has the shape of a rectangle surmounted by a semicircle. Find the dimensions of a Norman window of perimeter 26 ft that will admit the greatest possible...

Manager T. C. Downs of Plum Engines, a producer of lawn mowers and leaf blowers, must develop an aggregate plan given the forecast for engine demand shown in the table. The department has a normal...

Case study on The Toronto Ultimate Club By reading this recommendation 3. Elaborate on what it's trying to say. Recommendation 3 : TUC will hire an additional employee to assist Jason Robinson,...

The goal of this lab is to segment a given network address using VLSM (Variable Length Subnet Mask). After completing this lab, you will be able to: Calculate subnets Materials Required This lab...

Question 7 On May 1, 2017, Riverbed Industries AG issued CHF147,300,9%, 5-year bonds at face value. The bonds were dated May 1, 2017, and pay interest annually on May 1. Financial statements are...

What exactly is a prima facie duty? How does an ethic of prima facie duties differ from monistic and absolutist ethical theories?

In a simple random sample of 200 patients undergoing therapy at a drug abuse treatment center, 60 percent belonged to ethnic group I. The remainder belonged to ethnic group II. In ethnic group I, 60...

Janardhan et al. (A-25) examined 125 patients who underwent surgical or endovascular treatment for intracranial aneurysms. At 30 days postprocedure, 17 subjects experienced transient/persistent...

In a study of smoking cessation by Gold et al. (A-26), 189 subjects self-selected into three treatments: nicotine patch only (NTP), Bupropion SR only (B), and nicotine patch with Bupropion SR NTP ...