Confidence inBanks andA 2012 study asked respondents about theirconfidence in banks and financial institutionsas well as their confidence in majorcorporations. Each question allowed threeresponses: "a great deal, only some, or hardly Financialany." The table to the right summarizes theresponses. Find the probability a respondenthas a great deal of confidence in majorcorporations given that he or she has onlysome confidence in banks and financialinstitutions.InstitutionsA Great DealOnly SomeHardly AnyTotaliew an example Textbookuestion 17 (071)T6YThe probability a respondent has a great deal of confidence major corporations given that he or she has only some confidence in banksand financial institutions is(Round to four decimal places as needed.).4-&7U+*81KAA9Confidence in MajorCorporationsf10A Great Only HardlySome Any TotalDeal69135 46559147423 288 183227 812 271***O142674P4941310Clear all12Check answerprt scdeletebackspace?orrect: 3homeallnumlock

Given information: Confidence in Major Corporations A Great Deal Only someone…

Answered: A 2012 study asked respondents about…

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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Next question Confidence in Maj Corporations A 2012 study asked respondents about their confidence in banks and financial institutions Confidence in as well as their confidence in major corporations. Each question allowed three responses: "a great deal, only some, or hardly any." The table to the right summarizes the responses. Find the probability a respondent has a great deal of confidence in banks and financial institutions given that he or she has hardly any confidence in major corporations. Banks and A Great Only Hardly Some Any Financial Institutions Deal Total A Great Deal Only Some Hardly Any 69 59 16 144 123 465 74 662 23 288 183 494 Total 215 812 273 1300 ..... The probability a respondent has a great deal of confidence in banks and financial institutions given that he or she has hardly any confidence in major corporations is (Round to four decimal places as needed.)
Name the method of estimating probabilities based on experience or institution.
2) The probability that a randomly selected student is female given that the student received a business degree, is
Approximately 70% of statistics students do their homework in time for it to be collected and graded. Each student does homework independently. In a statistics class of 50 students, what is the probability that at least 40 will do their homework on time? Students are selected randomly. What is a “failure” in words?

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