Gold Prospecting Gold prospecting is the search for new deposits of gold within the earth. If a parcel of land has a gold deposit, then there is a 90% chance that bits of gold will be found in one of its streams. 2 However, gold can travel downstream into another parcel too! If a piece of land doesn't have a gold deposit, there is still a 40% chance that bits of gold are found in its streams. Only 30% of the parcels have gold deposits. Let D be the event that a parcel has a gold deposit and S be the event that gold may be found in its streams. i. Describe, in english, each of the probabilities below. (a) P(D) (b) P(D\S) (c) P(S®\D) ii. Compute P(S) iii. What is the probability that a parcel of land has a gold deposit given that no gold may be found in its streams?

Gold Prospecting Gold prospecting is the search for new deposits of gold within the earth. If a parcel of land has a gold deposit, then there is a 90% chance that bits of gold will be found in one of its streams. 2 However, gold can travel downstream into another parcel too! If a piece of land doesn't have a gold deposit, there is still a 40% chance that bits of gold are found in its streams. Only 30% of the parcels have gold deposits. Let D be the event that a parcel has a gold deposit and S be the event that gold may be found in its streams. i. Describe, in english, each of the probabilities below. (a) P(D) (b) P(D\S) (c) P(S®\D) ii. Compute P(S) iii. What is the probability that a parcel of land has a gold deposit given that no gold may be found in its streams?

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Description: need help with this thank you Gold ProspectingGold prospecting is the search for new deposits of gold within the earth. If a parcel of land hasa gold deposit, then there is a 90% chance that bits of gold will be found in one of its streams.However, g

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Chapter1: Combinatorial Analysis

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Concept explainers

Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.

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need help with this thank you

Gold Prospecting
Gold prospecting is the search for new deposits of gold within the earth. If a parcel of land has
a gold deposit, then there is a 90% chance that bits of gold will be found in one of its streams.
However, gold can travel downstream into another parcel too! If a piece of land doesn't have a
gold deposit, there is still a 40% chance that bits of gold are found in its streams. Only 30% of the
parcels have gold deposits.
Let D be the event that a parcel has a gold deposit and S be the event that gold may be found in
its streams.
i. Describe, in english, each of the probabilities below.
(а) Р(D)
(b) P(D|S)
(c) P(S©\D)
ii. Compute P(S)
iii. What is the probability that a parcel of land has a gold deposit given that no gold may be
found in its streams?

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