This contingency table describes 200 business students. Find each probability and interpret it in words. a. P(A)
Question:
a. P(A)
b. P(M)
c. P(A ∩ M )
d. P(F ∩ S)
e. P(A | M )
f. P(A | F)
g. P(F | S)
h. P(E ∪ F)
Transcribed Image Text:
Major Economics (E) 30 30 60 Accounting (A) Gender Female ( Male (M) Statistics (S) 24 16 40 Row Total 98 102 200 56 100 Column Total
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
a P A 100200 50 There is a 50 chance that a student is ...View the full answer
Answered By
BRIAN MUSINGA
I possess a Bachelors of Commerce degree(Marketing option) and am currently undertaking an MBA in marketing. I believe that I possess the required knowledge and skills to tutor in the subject named. I have also written numerous research academic papers much to the satisfaction of clients and my professors.
5.00+
2+ Reviews
17+ Question Solved
Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
Question Posted:
Students also viewed these Statistics questions
-
Use the tree diagram at right. Find each probability and explain its meaning. a. P(H and P) b. P(P | H) c. P(P) d. P(H | P) .03 D-disease N Hhealthy P tests positive N#tests negative .02 .97 P 08
-
In each case, find all [a b c d]T m R4 such that the given set is orthogonal. (a) {[1 2 1 O]T, [1 -1 1 3]T, [2 -1 0 -1], [a b c d]T} (b) {[1 0 - 1]T, [2 1 1]T,[l -3 1 0]T, [a b c d}T}
-
On January 1. Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 7% Required: 1) Calculate the bond selling price given the...
-
Burger Prince buys top-grade ground beef for $1.00 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for...
-
If you have no experience with probability plots, it can be helpful to look at several sample data sets that actually do come from a normal distribution. Use software to draw several random samples...
-
What is meant by customer value-based pricing? How is it different from value pricing?
-
After installation, the lifetime of a ball bearing is modeled as an exponential distribution with failure rate \(\alpha=0.001\) failures per day. (a) What is the probability that the ball bearing...
-
Nelson Company provides the following information for the month ended October 31, 2017: sales on credit $280,000, cash sales $95,000, sales discounts $5,000, and sales returns and allowances $11,000....
-
Add more relevant law and law sections. Also add relevant case law. Issue: Is Earth Care, in its capacity as a GreenCo shareholder, able to contest the contact's validity on the grounds of violation...
-
A thick steel sheet of area 400 cm2 is exposed to air near the ocean. After a one-year period it was found to experience a weight loss of 375 g due to corrosion. To what rate of corrosion, in both...
-
A survey of 156 introductory statistics students showed the following contingency table. Find each event probability. a. P(D) b. P(R) c. P(D R) d. P(D R) e. P(R | D) f. P(R | P) Living Where? Dorm...
-
The following contingency table shows average yield (rows) and average duration (columns) for 38 bond funds. For a randomly chosen bond fund, find the probability that: a. The bond fund is long...
-
A pair of nonzero vectors in the plane is linearly dependent if one vector is a scalar multiple of the other. Otherwise, the pair is linearly independent. a. Which pairs of the following vectors are...
-
What should we look for in identifying the object behaviors and responsibilities of the objects?
-
What is the goal of constructing object robustness diagrams? What are the components of the diagrams?
-
What is the main rationale for using objectoriented methods to develop systems? Why?
-
Why is it important to find out how the end users and managers feel about the problem solution that the system analyst has identified?
-
What does a design class diagram include?
-
At the time of forfeiture of shares A. Share capital account is credited with the called-up value of shares forfeited B. Share capital account is debited with the face value of shares forfeited C....
-
Define a traverse in Surveying?
-
Shown here is a list of the top five semiconductor companies in the United States, along with their revenue ($ millions). Firm .. Revenue ($ millions) Intel Corp. . 49,685 Texas Instruments . 14,081...
-
The largest seven U.S. airlines in terms of enplaned passengers in 2012 were Delta Airlines with 22,845,340, United Airlines with 20,285,000, Southwest Airlines with 18,673,980, American Airlines...
-
The following list shows the top six pharmaceutical companies in the United States and their sales figures ($ millions) for a recent year. Use this information to construct a pie chart and a bar...
-
A car trip lasts 3h 36 min at 86 km/h, including a half-hour break for lunch. How much time would we save by driving at 100 km/h without taking a break? (When the automobile is moving, we assume that...
-
Sylvia is interested in financial laws and regulations. She enjo make sure they are in compliance with laws and regulations. career should Sylvia consider?
-
Mariah Lucas is restructuring the budget process at her company, Lucas Lodging, Inc. She envisions a budget process driven by management and lower-level employees, but aligned with the company's...
Study smarter with the SolutionInn App