←Your company bids for two contracts. You believe the probabilitythat you get contract #1 is 0.7. If you get contract #1, theprobability you also get contract #2 will be 0.5, and if you do notget contract #1, the probability that you get contract #2 will be0.2. Complete parts a through e below.a) Are the outcomes of the two contracts bids independent?Explain.OA. No; the outcome of the first contract determines theprobability of getting the second contract.OB. No; no events are independent.OC. Yes; the outcome of the first contract has no impact onthe second contract.OD. Yes; all events are independent.b) Find the probability you get both contracts.(Type an integer or a decimal. Do not round.)c) Find the probability you get neither contracts.(Type an integer or a decimal. Do not round.)d) Let X be the number of contracts you get. Find the probabilitymodel for X.012XP(x)(Type integers or decimals. Do not round.)e) Find the expected value and standard deviation of X.The expected value of X is.(Type an integer or a decimal. Do not round.)The standard deviation of X is(Round to three decimal places as needed.)

Let us define some events A : you get contract 1. B : you get contract 2. It is given that P(A) =…

Answered: a) Are the outcomes of the two…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Your company bids for two contracts. You believe the probability that you get contract #1 is 0.7. If you get contract #1, the probability you also get contract #2 will be 0.3, and if you do not get contract #1, the probability that you get contract #2 will be 0.2. Complete parts a through e below. Question content area bottom Part 1 a) Are the outcomes of the two contracts bids independent? Explain. b) Find the probability you get both contracts. c) Find the probability you get neither contracts. d) Let X be the number of contracts you get. Find the probability model for X. x 0 1 2 P(x) e) Find the expected value and standard deviation of X.
The table gives a set of outcomes and their probabilities. Let A be the event "the outcome is divisible by 5". Let B be the event "the outcome is prime". Find P(A|B). Outcome Probability 1 0.1 0.1 3 0.2 4 0.3 0.2 6. 0.1
Use the Test for Independence to determine if events A and B are independent. P(A) = 0.7, P(B) = 0.8, P(An B) = 0.56 Select the correct choice below and fill in the answer box(es) to complete your choice. (Type an integer or a decimal.) O A. Events A and B are not independent because P(A U B)= | and P(A) + P(B) - P(An B)= O B. Events A and B are independent because P(An B) = 0.56 and P(A).P(B) = O C. Events A and B are independent because P(A U B)= and P(A) + P(B)- P(An B) = O D. Events A and B are not independent because P(An B) = 0.56 and P(A) P(B) =.
Hector is playing a new video game. To get to the next level, he must capture the golden brick and then choose the correct door. The chance that he captures the golden brick is 70%. The chance that he chooses the correct door is 40%. The probability that he does both is 20%. Create a Venn Diagram and determine the probability that: He captures the golden brick and chooses the correct door He only captures the golden brick He only chooses the correct door He doesn’t complete either task
Use the information that, for events A and B, we have P(A) = 0.3, P(B) = 0.4, and P(A and B) = 0.1. Find P(not B). Enter the exact answer. P(not B) = i eTextbook and Media
Please help me ?
Roll two dice and observe the numbers coming up. Define two events by: A="the sum is six," and B-"the numbers are not equal." Find and compare P(B) and P(BIA).
i need part D
Luis is playing a paint ball game. To win, he must capture the flag and choose the correct escape route. The chance that he captures the flag is 62%. The chance that he chooses the correct escape route is 68%. The probability that he does both is 41%. Create a Venn Diagram and determine the probability that: He captures the flag and chooses the correct route He only captures the flag He only chooses the correct route He doesn’t complete either task
Direction: Identify if the given is TRUE OF FALSE. 1. If the two events stated in a probability problem is connected by the word “or” then the operation will be use is intersection.
In a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. Say the probability of a red outcome is 18 that of a black outcome is 36, and that of a green outcome is 2 Suppose someone makes a S25 bet on black. Find the expected net winnings for this single bet. Interpret the result. Choose the correct answer below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) O A. If the $25 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. If the $25 bet on black was placed a very large number of times, the average winnings would be dollars per bet. O C. On average, a person is expected to win dollars for any bet on the roulette wheel. OD. A person will win dollars every time a $25 bet was placed on black.
John is having a dinner at a restaurant, which sells 3 kinds of dishes, A, B, and C. The probabilities of ordering each dish are 0.4, 0.3, and 0.3. Suppose the probability of John being satisfied after eating the dishes are 0.7, 0.5, and 0.6, respectively. Answer the questions below. 1) When John wasn’t satisfied with his dish, what is the probability that he has eaten the dish B? (Round an answer to two decimal places.) 2) What is the probability that John satisfies after eating the dish?

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS