Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning.According to company records, the probability that a washing machine will need repairs during a seven-year period is 0.19.This is an example ofprobability, sincesubjectiveclassicalempirical Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning.According to company records, the probability that a washing machine will need repairs during a seven-year period is 0.19.This is an example ofprobability, sincethe stated probability is calculated based on observations from the company records.it deals with a continuous period rather than a fixed number of trials.the stated probability is most likely based on intuition, an educated guess, or an estimate.a washing machine is as likely to need repairs as it is to not need repairs.each washing machine has an equal chance of needing repairs during the period.

Statement : According to company records the probability that a washing machine will need repairs…

Answered: Classify the following statement as an…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Refer to the accompanying data set of mean drive-through service times at dinner in seconds at two fast food restaurants. Construct a 99% confidence interval estimate of the mean drive-through service time for Restaurant X at dinner; then do the same for Restaurant Y. Compare the results. Click the icon to view the data on drive-through service times. Construct a 99% confidence interval of the mean drive-through service times at dinner for Restaurant X. sec<μ< sec (Round to one decimal place as needed.) Restaurant Drive-Through Service Times Service Times (seconds) Restaurant X 81 184 Restaurant Y 123 120 145 265 100 125 149 114 126 149 161 217 131 114 128 133 307 178 109 152 132 139 230 217 92 233 237 185 123 93 138 241 60 148 202 330 145 152 202 123 147 139 204 175 178 147 161 132 169 350 244 230 252 231 165 115 138 190 196 227 191 306 208 201 178 108 148 175 155 157 163 120 140 187 164 176 81 312 147 85 107 56 149 143 95 131 185 145 Print Done 177 131 295 140 134 134 234 170 126 127…
help me with his.
Classify the following statement as an example of classical probability, empirical probability, or subjective probability. Explain your reasoning. An analyst feels that a certain stock's probability of increasing in price over the next month is 0.69. This is an example of probability, since classical empirical subjective
A certain affects virus 0.7% of the population. A test used to detect the virus in a person is positive 89% of the time if the person has the virus (true positive) and 15% of the time if the person does not have the virus (false postive). Fill out the remainder of the following table and use it to answer the two questions below. Infected Not Infected Total Positive Test Negative Test Total 700 99,300 100,000 a) Find the probability that a person has the virus given that they have tested positive. Round your answer to the nearest tenth of a percent and do not include a percent sign.P(Infected | Positive Test)= %b) Find the probability that a person does not have the virus given that they test negative. Round your answer to the nearest tenth of a percent and do not include a percent sign.P(Not Infected | Negative Test) = %
You are building a robot for space exploration and decide to equip it with a LIDAR sensor. The probability that the sensor breaks on a given day is 0.03. What is the probability that the sensor will break within the first 3 days? Hint: If the sensor breaks on day D, you do not need to consider the following days.
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.
Several friends chartered a boat for a day's fishing. They caught a total of 70 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a flounder. Fish Number caught Grouper 12 Shark 16 Flounder Kingfish 38
Which is a true statement about theoretical probability of an event? A. It requires an experiment to be done B. It is based on intuition C. It is always the same as experimental probability D. It is based on analyzing all possible outcomes
Determine the following probabilities. Leave your answer as a percent to the nearest tenth (one decimal after converting to %). The probability of spinning an even number or multiple of 5 on the equal section spinner with numbers 1-20. Leave your answer as a percent to the nearest tenth (one decimal) after converting to %. You can leave out the % sign.
is the following is an example of an empirical probability or a theoretical probability? Joe tosses a coin 10 times and gets 4 heads. He concludes that the probability of getting a head is 4/10=0.4 or 40%. A. Empirical B. Theoretical
Have you ever wondered about the likelihood of an event occurring? Whether it’s the odds of your favorite football team winning on Sunday or how much you pay for car insurance, probability concepts can play a role in making those determinations. Respond to the following questions in a minimum of 175 words: Consider a situation that you might need to use your understanding of probability to make an informed decision. What sorts of information would you collect? How might you use what you have learned about probability to determine a course of action? What are the possible benefits and limitations of this approach?
Several friends chartered a boat for a day's fishing. They caught a total of 63 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a kingfish. Fish Number caught Grouper Shark Flounder Kingfish 11 20 6 26 P(kingfish) = (Simplify your answer. Type a fraction.)

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