Question 5 A The campus bookstore at a local university is interested in finding out whether the textbook preference and the class level (freshman, sophomore, junior, senior) of the student are associated. A random sample of 100 students is obtained, and each student in the sample is asked which textbook he or she prefers: new books, used books, or digital books. The students are also asked whether their class level is freshman, sophomore, junior, or senior. Which of the following is the appropriate test for the investigation? A) A one-sample t-test for a population mean B A two-sample t-test for a difference between means c) A chi-square goodness-of-fit test D A chi-square test of homogeneity E) A chi-square test of independence
Compound Probability
Compound probability can be defined as the probability of the two events which are independent. It can be defined as the multiplication of the probability of two events that are not dependent.
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Probability theory is a branch of mathematics that deals with the subject of probability. Although there are many different concepts of probability, probability theory expresses the definition mathematically through a series of axioms. Usually, these axioms express probability in terms of a probability space, which assigns a measure with values ranging from 0 to 1 to a set of outcomes known as the sample space. An event is a subset of these outcomes that is described.
Conditional Probability
By definition, the term probability is expressed as a part of mathematics where the chance of an event that may either occur or not is evaluated and expressed in numerical terms. The range of the value within which probability can be expressed is between 0 and 1. The higher the chance of an event occurring, the closer is its value to be 1. If the probability of an event is 1, it means that the event will happen under all considered circumstances. Similarly, if the probability is exactly 0, then no matter the situation, the event will never occur.
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