4. Suppose John offers what he believes to be a fair bet as to whether an instructorwill or will not give a class quiz tomorrow. He believes there will be a quiz andoffers a:b odds. John views this as a fair bet; compute the probability he assignsto a quiz being given and a quiz not being given.

Given: Job believes there will be a quiz and offers a:b odds. He offers what he believes to be a…

Answered: 4. Suppose John offers what he believes…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Similar questions

Whenever Suzan sees a bag of marbles, she grabs a handful at random. She has seen a bag containing three red marbles, three green ones, two white ones, and two purple ones. She grabs seven of them. Find the probability of the following event, expressing it as a fraction in lowest terms. She has at most one green one.
In this problem, the gambler’s idea of odds does not enter at all. a. The odds of an event are 1/5. What is the probability of the event occurring? b. The probability of an event is 2/3. What are the odds of the event occurring?
Tom has a standard set of pool balls. If he were to draw one ball at random, what is the probability that it will be red or yellow? Give your answer in its simplest form.
The three stooges (Larry, moe and Curley) and the four max brothers (Chico, harpo, Groucho and Zeppo) are randomly assigned a place in line. What is the probability the first three in line will be moe, Larry and curly in that order?
Ryuji Sakamoto wants to be voted Best Athlete and needs to earn the support of fellow athletes at his high school, Shujin Academy, before the election. He can talk with three groups of students: the track and field students, the volleyball team, and the baseball team. Assume every student fits into only one of these groups and that all students will vote. The size of each group and the chance that the group would vote for Ryuji are given below. Probability the Group will Vote for Ryuji Size of the Group Group (in percent of athletes) Track and Field 47% 76% Volleyball 33% 44% Baseball 20% 43% The percentage of votes Ryuji is expected to get is Number %. Is Ryuji expected to win? Yes O No

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4. Suppose John offers what he believes to be a fair bet as to whether an instructor will or will not give a class quiz tomorrow. He believes there will be a quiz and offers a:b odds. John views this as a fair bet; compute the probability he assigns to a quiz being given and a quiz not being given.