How will you apply the probabilities in real life as a engineer?
Q: A stock market analyst figures the probabilities that two related stocks, A and B, will go up in…
A: Given that A will go up to be 0.7 the probability that both stocks will go up to be 0.2 we need to…
Q: Suppose among a population of students 50% own a laptop and 30% of the total have a laptop but no…
A: Answer:- Given information is, P( laptop) = 50% = 0.50 P( laptop and no tablet) = 30% = 0.30 P(…
Q: Jim has to take two consecutive exams to get a certificate. The probability for him to pass the…
A: The conditional probability of happening of event A when event B already happened, can be expressed…
Q: The management of an oil company is trying to decide whether to drill for oil in a particular field…
A: To determine the optimal strategy, we can create a decision tree that represents the different…
Q: Find P(A or B or C) for the given probabilities. P(A) = 0.36, P(B) = 0.24, P(C) = 0.16 P(A and…
A: P(A)=0.36P(B)=0.24P(C)=0.16P(A and B)=0.11P(A and C)=0.03P(B and C)=0.07P(A and B and C)=0.01
Q: In the following equation, P(cancer positive test): P(positive test cancer) P(cancer) P( positive…
A: In this case, it is needed to define the prior probability.
Q: Describe about the values of η2 for three different outcomes.
A: You might come across eta-squared while using ANOVA. Eta-squared is a common way of measuring the…
Q: What is the probability that Kylo passes the accounting test? (ii.) Given that Kylo passes the…
A: Kylo’s accounting skills can be categorized as Good, Fair, or Poor, each with equal probability.…
Q: You are Vice President of Ticket Sales for Toronto FC. The average price of ticket is $20, and you…
A: It is given that the average price of the ticket is $20. It is expected to sell 8000 tickets on any…
Q: How do you show that two events are independent?
A: Two events A and B are said to be independent if P(A and B)= P(A)*P(B)
Q: Consider the following scenario based on your personal circumstance – and if you do not have a car…
A: 1- normal rate 2- 4 (total distance 8 miles with return) getting cheaper gas (0.37 /gallon) We…
Q: (a) Student A would like to visit a country where 92% of the population speaks the native language.…
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
Q: the other game. The MIT team will receive 2 points for a win, 1 for a tie. and 0 for a loss. Find…
A:
Q: (a) (b) the probability that tails will show up 9 times when this coin is tossed 12 times; the…
A:
Q: Suppose the probability of snow tomorrow is 0.1 while the probability of IU winning the basketball…
A: P(A and B) = P(both event A occurs and event B occurs) If A and B are two INDEPENDENT events, then…
Q: Emily has $10000 to invest in Apple stock. In the next month, the stock has a 30% chance of gaining…
A: Total amount for investment = $10000.The probability distribution for the provided data is:
Q: After her final exam this semester, Sylvia must drive from her school in Philadelphia to her home in…
A: Prior to the trip, Sylvia's wealth is Y = $400.00. Sylvia's utility of wealth function is U(Y) =…
Q: At practice Martin has scored 7 of the 13 free throws that he attempted. What are the odds against…
A: At practice Martin has scored 7 of the 13 free throws Number of favorable throws = 7 Number of…
Q: what are the three categories of business analytics
A: Given problem Given that
Q: If probability of an event A is= .3 The probability of an event B= .4 The probability of (A…
A:
Q: what is the difference among decision making under certainty, decision making under risk, and…
A: Given question - what is the difference among decision making under certainty, decision making under…
Q: n a certain California city, projections for the next year are that there is a 20% chance that…
A: x P(x) x*P(x) +200 0.20 40 +300 0.50 150 -800 0.30 -240
Q: For this problem, assume that you weigh 350 duck hatchlings. You find that 50 are slightly…
A: (1) The probability that should be assigned to a single duck hatchlings being slightly underweight…
Q: Please show your solution. A petroleum company exploring for oil has decided to drill 2 wells, one…
A: Given that P(first attempt) = 0.25 P(Second attempt | First attempt) = 0.85
Q: Take problem of your choice: Calculate Hypothesis Testing in Statistics and probability. Find all…
A: The average SAT score given by university students is 123 with a standard deviation of 16. However,…
Q: Suppose P(A) = 0.15, P(B) = 0.2, and P(A n B) = 0.06. Find the following probabilities. P(A n B) =…
A:
Q: conomists believe that the annual inflation rate in Turkey is affected by the changes in the…
A: Given: To explain the given statement as follows, Given details: The probability of the inflation…
Q: Andrew and Bella either cycle to college or walk. One day the probability that Andrew cycles is 0.7…
A: Given information: P(Andrew cycles walk)=0.70 P(Bella cycles walk)=0.50 The two probabilities are…
Q: Which of the following statement is true about Linear Probability Model? The coefficient…
A:
Q: The probability of an event A is equal to the product of the probabilities of the outcomes contained…
A: Is the statement true or false? Statement: The probability of an event A is equal to the product of…
Q: Mark is deciding which route to take to work. His choices are I = the Interstate and F = Fifth…
A: We have to find probability from given information ..
Q: Lindo is deciding which course she wants to take in her next college semester. The probability that…
A: The probability that Lindo enrols in the statistics course is 0.30The probability that she enrols in…
Q: a certain city, projections for the next year indicate there is a 20% chance that electronics jobs…
A: As per the indications of the next year's projections for the city:The chances of electronic jobs…
Q: In the course of doing her homework, Isabella gets the following z-scores: -1.98, 0.17, 8.09 and…
A: According to empirical rule, 68% data lie within 1 standard deviations 95% data lie within 2…
Q: Suppose that we roll two fair six-sided dice and record the numbers showing as an ordered pair. Let…
A: Difference between the two numbers is denoted by Y. There can be 6 possible values of Y. There are…
Q: For this problem, assume that you weigh 500 duck hatchlings. You find that 93 are slightly…
A: Given data: The total numbers of ducks are N=500. The numbers of slightly underweight ducks are…
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- Suppose we know that the probabilities P(A) = .5, P(B|A) = .3 and P(A or B) =.3. What is the value for P(A and B)? What is the value for P(B)?A BSCE student is taking Calculus 2 and Engineering Data Analysis courses. The probability that he will pass Calculus 2 and Engineering Data Analysis is 2/3and 4/9, respectively. What is the probability that he will pass both courses if the probability of passing at least one course is 4/5.Lydia is a project manager and submitted proposals for two different projects, Project X and Project Y to her boss. The probability of getting project X approved is 0.65. The probability of getting project Y approved is 0.77. The probability of getting at least one of the projects approved 0.90. The two projects are independent. True or False
- HelpProfessor John is designing a water flask and he needs to know the probability that the filtration system will fail during a water cleaning. Based on previous data, Professor John estimates that the probability of a filtration system failure during the filtration cleaning is 0.05. If the water flask is used for 365 days in a year, what is the probability that the filtration system will not fail during any cleaning in a year?The only grades possible in a history course are A, B, C,D,F. The probability that a student will get an A is 0.19. The probability of getting a B is 0.31. The probability that a student will get a C is 0.28. The probability that the student will get a D is 0.18, and the probability of getting an F is 0.04 (a) what is the probability that a student will an A or F.? (b) what is the probability that a person will get an A or B or C? (c) what is the probability that a student will get a C or a D? round your answer to decimal places
- From an example in real life, give the probabilities of two events and the probability of both events occurring. Based on these events, phrase a question about a conditional probabilityA bag contains (x + 1) yellow balls, x black balls and (x – 1) white balls. Probability of getting a yellow ball is (2/15) more than that of getting a white ball. Find the value of x.Charlie is about to take two laps in the school swimming pool. The time of his first lap is X minutes, where X is an Exponential(1) random variable. The time of his second lap is Y minutes, where Y is an Exponential(X) random variable. What is the probability that he completes his second lap within one minute?
- Answers must be in 4 decimals |1. Ben plans to enforce speed limits using radar traps at 4 different locations within the campus. The radar traps at each of the locations L1, L2, L3, and L4 are operated 40%, 30%, 30%, and 20% of the time, and if a person who is speeding on his way to work has probabilities of 0.2, 0.1, 0.5, and 0.2, respectively, of passing through these locations, what is the probability that he will not receive a speeding ticket? 2. Barangay Scout Fernandez has one fire truck and one ambulance available for emergencies. The probability that the fire truck is available when needed is 0.95, and the probability that the ambulance is available when called is 0.90. in the event that there is a fire in the barangay, find the probability that both the ambulance and the fire truck will be available.Situation 2: I went to the grocery store and I noticed that there are five different kinds of brown sugar at different prices, each brand has different probabilities that they will be sold. What formula should I use if I want to determine how the prices vary from the average price of the product that would be sold to the customers repeatedly?When two events CANNOT both occur at the same time, we say that the events are independent. True or false
