The probability that ticket A will rise in price is 0.54 while the probability that the ticket B will rise in price is 0.59. The probability of both tickets rising in price is 0.44. A= ticket A will rise in price B= ticket B will rise in price Report numeric answers to 2 decimal places. Do not convert to percent. c. at least one ticket will rise in price? d. both tickets will not rise in price? e. only one ticket will rise in price (not both)? f. no more than one ticket will rise in price?
The probability that ticket A will rise in price is 0.54 while the probability that the ticket B will rise in price is 0.59. The probability of both tickets rising in price is 0.44. A= ticket A will rise in price B= ticket B will rise in price Report numeric answers to 2 decimal places. Do not convert to percent. c. at least one ticket will rise in price? d. both tickets will not rise in price? e. only one ticket will rise in price (not both)? f. no more than one ticket will rise in price?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
The probability that ticket A will rise in price is 0.54 while the probability that the ticket B will rise in price is 0.59. The probability of both tickets rising in price is 0.44.
A= ticket A will rise in price
B= ticket B will rise in price
B= ticket B will rise in price
Report numeric answers to 2 decimal places. Do not convert to percent.
c. at least one ticket will rise in price?
d. both tickets will not rise in price?
e. only one ticket will rise in price (not both)?
f. no more than one ticket will rise in price?

Transcribed Image Text:1. Use the given information to complete the following probability table.
A and B represent the complements of events A and B respectively.
B
A
A
Total
2. What is the probability that
a. ticket A will not rise in price?
b. only ticket B will rise in price?
B
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total
0.00
0.00
1.00
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