(i) A financial institution in a certain town has three branches A, B and C. On the average the branches receive 100, 150 and 120 customers respectively per day. The probability that a customer will carry out a transaction of more than one million CFA francs at A, B and C are 0.2,0.6 and 0.4 respectively. A customer is chosen at random, find the probability that (a) the customer will carry out a banking transaction of more than one million CFA francs (b) the customer carried out a transaction less than one million CFA francs given that he went to the second branch. (c) the customer went to C' given that he carried out a transaction of more than one million CFA francs i) An experiment consists of drawing four cards at random from a nack of 17
(i) A financial institution in a certain town has three branches A, B and C. On the average the branches receive 100, 150 and 120 customers respectively per day. The probability that a customer will carry out a transaction of more than one million CFA francs at A, B and C are 0.2,0.6 and 0.4 respectively. A customer is chosen at random, find the probability that (a) the customer will carry out a banking transaction of more than one million CFA francs (b) the customer carried out a transaction less than one million CFA francs given that he went to the second branch. (c) the customer went to C' given that he carried out a transaction of more than one million CFA francs i) An experiment consists of drawing four cards at random from a nack of 17
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Question
Answer detailly 8(i)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON