A 2012 study asked respondents about theirConfidence in Majorconfidence in banks and financial institutionsCorporationsas 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 financialConfidence inBanks andA Great Only HardlySome AnyInstitutionsDealTotalA Great DealOnly SomeHardly AnyTotal69591414213646574675232881834942288122711311institutions.The probability a respondent has a great deal of confidence major corporations given that he or she has only some confidence in banks and financial institutions is(Round to four decimal places as needed.)

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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We are interested in analyzing data related to college football. Use S to denote the team is in the SEC and use W to denote a team has a winning season. The probability that a team is in the SEC in the data set is 5.5%. The probability that a team has a winning season is 52.5%. The probability that a team is in the SEC and has a winning season is 3.55%. What percentage of teams are in the SEC or had a winning season? b. What percentage of people teams are in the SEC and did NOT have a winning season? Given a team had a winning season, what is the probability that they are in the SEC? а. с.
A bag of candies contains 5 different colors.The table below shows the distribution of the color. Color Blue Green Yellow Brown Red Probability 17 % ? 22 % 16 % 13 % Find the probability of a candy being Green or Red.
A car dealership sells two types of cars: sedans and SUVs. The dealership conducted a survey and found that out of 200 customers, 120 purchased sedans, 80 purchased SUVs, and 40 purchased both types of cars. Calculate the probability that a randomly selected customer purchased either a sedan or an SUV.
A statistics teacher gives a 10-question multiple-choice pop quiz with five answer choices per problem. Brandon is not prepared and has to guess the answer for each of the 10 questions. The teacher explains that students will receive a free homework pass if they answer at least five questions correctly. What is the probability that Brandon will earn a free homework pass? A. 0.006 B. 0.026 C. 0.033 D. 0.967 E. 0.994
Yesterday you set the player to randomly play 75 songs. The list below shows the numbers of each type of music you heard. Country—15 Rap—10 Pop—20 Classical—5 Rock—25 Based on yesterday’s data, what is the probability the next song the player randomly selects will be a classical song?
The Chunky-Wunky Candle Company ships candles all over the world. The probability that a candle is broken during shipment is 3%. In a shipment of 3 candles, what is The probability that all three are broken. The probability that none of the candles are broken. The probability that the first candle unpacked is not broken and the rest are broken.
L9Q1.The following table shows the mode of travel and the probability of risk. Choose the best mode of travel for a safe trip.
In gambling, the chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the number of successful outcomes to the number of unsuccessful outcomes. The odds of losing is the ratio of the number of unsuccessful outcomes to the number of successful outcomes. For example, if the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2:3 (read "2 to 3") or 2 2 (Note: If the odds of winning are the probability of success is 3' 5.) 2 3 The odds of an event occurring are 3:1. Find (a) the probability that the event will occur and (b) the probability that the event will not occur.
A sample of 2500 patients were taken to assess a medical test. 40% of the sample had a positive test, 563 patients have the disease and tested negative, and 235 patients do not have the disease and tested positive. What is the probability someone has a positive test if it is known they do have the disease? (round your answer to 4 decimal places) What is the probability someone does not have the disease if their test is known to be negative? (round your answer to 4 decimal places)
46% of an insurance agents clients have life insurance, 40% have auto insurance and 28% have both policies. Why is the probability that a randomly selected client has life insurance or auto insurance? write the answer in decimal form.
You took a multiple-choice math test where there were 10 questions and each question had 4 answers to chose from (but only one of them was correct). What is the probability that you get exactly 9 correct? Be sure to identify your variables.
Use the following table for the next two questions. The following data represent the number of male and female students enrolled in nursing at the University of Oklahoma Health Sciences Center for a recent semester. A student is selected at random. Find the probability of each event. Nursing majors 180 1010 1190 Males Females Totals 23. The student is a male or nursing majors? (a) 1.0222 (b) 0.6200 (c) 0.6101 (d) 0.5750 Non-nursing majors 1110 1700 2810 Totals 1290 2710 4000 (e) 0.0450 24. Given that the selected student is female, find the probability that the student is a nursing major? (e) 0.1200 (a) 0.0380 (b) 0.2525 (c) 0.3727 (d) 0.9772

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