3. The table provided gives the Number Other Investments? hypothetical joint distribution of the number of different cryptocurrencies owned by OSU students and whether or not the students have other investments. of Crypto Total Yes .16 No .64 .80 1-5 .03 .05 .08 a. Calculate P(No crypto n No other investments). 5-10 .02 .02 .04 10-15 .02 .01 .03 16+ .05 .00 .05 Total 28 .72 1.00 ` Calculate P(No crypto U No other investments). b. What is the probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other investments?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Question
3.
The table provided gives the
hypothetical joint distribution of the number of different
cryptocurrencies owned by OSU students and whether or
Number
Other Investments?
of Crypto
Yes
Total
No
.16
.64
.80
not the students have other investments.
1-5
.03
.05
.08
а.
Calculate P(No crypto n No other investments).
5-10
.02
.02
.04
10-15
.02
.01
.03
16+
.05
.00
.05
Total
.28
.72
1.00
b.
Calculate P(No crypto U No other investments).
C.
What is the probability that a randomly chosen student that invests in at least 1
cryptocurrency does not have other investments?
Are the number of cryptocurrencies owned by OSU students and whether or not the students
have other investments independent? Justify your answer.
d.
Transcribed Image Text:3. The table provided gives the hypothetical joint distribution of the number of different cryptocurrencies owned by OSU students and whether or Number Other Investments? of Crypto Yes Total No .16 .64 .80 not the students have other investments. 1-5 .03 .05 .08 а. Calculate P(No crypto n No other investments). 5-10 .02 .02 .04 10-15 .02 .01 .03 16+ .05 .00 .05 Total .28 .72 1.00 b. Calculate P(No crypto U No other investments). C. What is the probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other investments? Are the number of cryptocurrencies owned by OSU students and whether or not the students have other investments independent? Justify your answer. d.
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