The economy will either be in a state of prosperity or recession and the probability of either is uncertain. A company wishes to invest in one of three ventures. A B C 0.50 0.5714 0.375 5 0.33 2 -3 Prosperity -6 At what probability of prosperity would you be indifferent to investing in venture B versus venture C? -2 1 Recession

Q: Ans. 1/243, 10/243, 40/243, 80/243, Q.6 If 20 % of the bolts produced by a machine are defective,…

A: Given : Let X : No. of bolts produced by a machine are defective n=5 p=0.20

Q: b. If you use a battery-powered alarm clock and a smartphone alarm clock, what is the probability…

A: Assume that a battery- powered alarm clock has a 0.005 probability of failure, a smartphone alarm…

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A: Given data is : Probability that she she will buy a printer manufactured by Epson  PE=0.21…

Q: (a) What is the probability that either Dick or Sally or both will hit the bull's-eye if each takes…

A: From given data  let Event D=Dick Event S=Sally also from given data we have P(D)=0.90 P(S)=0.95

Q: helen plays basketball. for free throws, she makes the shot 78% of the time. Helen must now attempt…

A: Consider C and D be the events Helen makes the first and the second shot respectively.It is provided…

Q: diagnostic test is 90% accurate on those who have the disease hat is, sensitivity equals 0.90) and…

A: Given A disease diagnostic test is 90% accurate on those who have the disease (that is, sensitivity…

Q: Please solve the question attached

A: To find the expected profit, we need to use the expected value formula shown below.…

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A: we have a new game in a fair of rolling 2 dices if player not getting 6 at first then he will not…

Q: You have a bobcat cub. This kind of cat grows to a weight that is N(21,5) where 21 and 5 are in…

A: We want to find the probability by using standard normal distribution table.

Q: A and B are independent, P(A) = .5, P(B) = .5, Find the probability of the union of A, B

A:

Q: QUESTION 6 Tracy plays college soccer. She makes a goal 67% of the time she shoots. Tracy is going…

A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

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: A recent study shows that 60% of all adults in the U.S. favor tougher gun laws. 1. If you survey 13…

A: Given that,Probability = 60% = 0.60Sample size, n =8

Q: Tina plays college soccer. She makes a goal on 63 % of her attempts. On her next game she will…

A: From the provided information,

Q: A company is introducing a new product into the market. If the sales are high, there is a 0.6…

A: Given the probability that the sales return becomes high in next month as Sale No  Advertisement…

Q: An electrical system consists of 4 components with each probability of functioning as above. What is…

A: It is given that an electrical system consists of 4 components with each probability of functioning…

Q: (b) In one high school, the athletic director found that 8% of the varsity athletes had concussions…

A: Solution: Let A be the event that the athletes had concussions while playing at the school. P( A)=…

Q: what is the probability that she will get: a. a fresh egg given that it is a chicken egg? b. a…

A: It is given that P(chicken egg) = 12/29 P(fresh egg) = 15/29 P(fresh and chicken egg) = 8/29

Q: Multiply probabilities? A traffic light at an intersection near Jamal's house is red 40% of the…

A: Formula : For independent event, P(A n B) = P(A) * P(B)

Q: Suppose a county's recent health report gives a pet allergy prevalence of 0.16 for kids. There is a…

A: Form the tree diagram, P(pet allergy status)=0.16Ppet allergy but test Negative=0.15P(No pet allergy…

Q: The probability of two events A and B are 0.25 and 0.41 respectively. P(A and B) = 0.36 then find…

A:

Q: this??

A:

Q: The route used by a certain motorist in commuting to work contains two intersections with traffic…

A: Given that, The route used by a certain motorist in commuting to work contains two intersections…

Q: A gumball machine contains 6 red gumballs, 5 blue gumballs, and 4 yellow gumballs. You put a coin in…

A:

Q: Victoria plays college soccer. She makes a goal 70% of the time she shoots. Victoria is going to…

A: Given information A = the event Victoria is successful on her first attempt. P(A) = 0.7  B = the…

Q: USA Today reported that approximately 25% of all state prison inmates released on parole become…

A: μ = ∑xp(x)

Q: Tom exercises shooting. He is allowed to make 3 shoots. For every shoot Tom makes, Probability of…

A: Given data: The total number of shoots is n=3. The number of shoots exactly hit by Tom is r=2. The…

Q: Tina plays college soccer. She makes a goal on 63 % of her attempts. On her next game she will…

A: Given that , P(A)=0.63.  and P(B)=0.63P(B|A)=0.85

Q: who is more likely to attend both activities?

A: here use concept of independent event if A and B independent events then p(A and B ) = p(A).p(B)

Q: 3. A PC has two color options, white and gray. A customer demands the white PC with a probability of…

A: It is given that a PC has two colour options, white and gray.

Q: Solve the question please

A: Step 1:Based on the given information :P( X = 450 ) =0.20 , P( X= 350) =0.40 , P( X=0 )=0.30 and P(X…

Q: Suppose the events A, B, and C are mutually independent, and P(A) = 0.28, P(B) = 0.37, and P(C) =…

A: When the events A, B and C are multually independent then the probability that none of the events…

Q: intersection near Jamal's house is red  30 % of the time, green  10 % of the time, and yellow  60…

A: