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- Consider two events following receiving a bachelor’s degree from a prestigious university: A = {being accepted into a graduate program} and B = {receiving a job offer}. We know the following is true: P(A) = P(B) = 0.7 P(A|B) = 0.9 Are events A and B independent? Why or why not?The following table shows the price per share of Apple stock at the beginning of different months. Calculate the four-month weighted moving average for October 2021. Round your answer to the nearest cent. Month July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 Apple Stock Price Simple Moving Average Weighted Moving Average $136.60 $146.36 $152.83 $141.90 $148.99 $167.48 ???What is the probability that a randomly selected student does not have a Microsoft product and does not have an Apple product (does not have either product).
- A recent survey indicates that 7% of all motor bikes manufactured at Baloyi factory have defective lights. A certain company from Polokwane buys ten motor bikes from this factory. What is the probability that at least two bikes have defective lights? (4(6) A local university offers free flu shots to its employees. Of the eligible employees, 75% have the flu shot and 25% do not. Of the employees that take the flu shot, 10% actually get the flu. Of the employees that do not take the flu shot, 45% actually get the flu. What is the probability that a person who gets the flu took the flu shot? What is the probability that a person who does not get the flu did not have a flu shot?The number of hours per week that the television is turned on is determined for each family in a sample. The mean of the data is 31 hours and the median is 27.2hours. Twenty-four of the families in the sample turned on the television for 16 hours or less for the week. The 8th percentile of the data is 16 hours. Based on the given information, determine if the following statement is true or false. The first quartile is less than 16 hours.
- In a survey, 45% of the interviewees are of age below 30, 30% are between 30 and 50, and 25% are above 50. 90% of the interviewees aged below 30, 60% of the interviewees aged between 30 and 50, and 70% of the interviewees aged above 50 can swim. (a) If a randomly selected interviewee can swim, find the probability that his/her age is between 30 and 50. (b) If a randomly selected interviewee cannot swim, find the probability that his/her age is below 30.The probability that a motorist will use a credit card for gas purchases at a large service station on the Trans Canada Highway is 7/8. If eight cars pull up to the gas pumps, what is the probability that: (b) four of them will use a credit card? (a) seven of them will use a credit card?1. (a) In a population, 4% of the women are pregnant. A particular home pregnancy test comes back positive for a pregnant woman 95% of the time. However, this test comes back positive even though the woman is not pregnant 5% of the time. i. A woman who is not pregnant takes the test. What is the probability that the test will come back negative? ii. What is the probability that a randomly selected woman tests positive for pregnancy? iii. What is the probability that a randomly selected woman who tested pos- itive for pregnancy is actually pregnant?
- Suppose Nate wins 25% of all thumb wars. (a) What is the probability that Nate wins two thumb wars in a row? (b) What is the probability that Nate wins three thumb wars in a row? (c) When events are independent, their complements are independent as well. Use this result to determine the probability that Nate wins three thumb wars in a row, but does not win four in a row. (a) The probability that Nate wins two thumb wars in a row is 0.0625 (Round to four decimal places as needed.) (b) The probability that Nate wins three thumb wars in a row is (Round to four decimal places as needed.) (c) The probability that Nate wins three thumb wars in a row, but does not win four in a row is (Round to four decimal places as needed.)A retail outlet receives radios from three electrical appliance companies. The outlet receives20% of its radios from A, 40% from B, and 40% from C. The probability of receiving a defectiveradio from A is .01; from B, .02; and from C, .08. What is the probability that a defective radio returned to the retail store came from company B?Tina Fey goes trick-or-treating the night of Halloween dressed as Sarah Palin. She visits homes in her neighborhood to collect candy, but only receives candy, naturally, when the door is answered and the family still has a piece of candy to give away. Upon knocking, the probability of the door being answered is 3/4, and the probability that the home still has candy is 2/3. Assume that the events “Door answered” and “candy remaining” are independent and also that the outcomes at each home are independent. Also assume that each home gives away at most a single piece of candy. (c) Determine the probability that she receives her second piece of candy at the fifth house. (d) Given that she did not receive her second piece of candy at the second house(not sure if she receive her first candy), determine the conditional probability that she will receive her second piece of candy at the fifth house.