The table provided gives the hypothetical joint distribution of the number of different cryptocurrencies owned by OSU students and whether or 3. Number Other Investments? of Crypto Yes No Tota .16 .64 .80 not the students have other investments. 1-5 .03 .05 .08 а. Calculate P(No crypto n No other investments). 5-10 .02 .02 .04 10-15 .02 .01 .03 16+ .05 .00 .05 Total .28 .72 1.00 b. Calculate P(No crypto U No other investments). C. What is the probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other investments? Are the number of cryptocurrencies owned by OSU students and whether or not the students have other investments independent? Justify your answer. d.
The table provided gives the hypothetical joint distribution of the number of different cryptocurrencies owned by OSU students and whether or 3. Number Other Investments? of Crypto Yes No Tota .16 .64 .80 not the students have other investments. 1-5 .03 .05 .08 а. Calculate P(No crypto n No other investments). 5-10 .02 .02 .04 10-15 .02 .01 .03 16+ .05 .00 .05 Total .28 .72 1.00 b. Calculate P(No crypto U No other investments). C. What is the probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other investments? Are the number of cryptocurrencies owned by OSU students and whether or not the students have other investments independent? Justify your answer. d.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Can you please show all work so I can understand! I have A,B,C and I just need D
Thank You
Transcribed Image Text:Step 2
а.
From the joint distribution, the probability of selection no crypto and no other investment is 0.64.
The probability of P (No crypton No other investments) is,
P (No crypto n No other investments) = 0. 64
Thus, the probability of P (No crypto n No other investments) is 0.64.
Step 3
b.
The probability of P (No crypto U No other investments) is,
P (No crypto U No other investments)=P (No crypto) + P (No other investments)
- P (No crypto n No other investments)
=0. 80 + 0. 72 – 0. 64
=0. 88
Thus, the probability of P (No crypto U No other investments) is 0.88.
Step 4
С.
The probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other
investments is,
P (1 – 5 crypto n No other investments)+
P (5 – 10 crypto n No other investments)+
P (2 1 crypton No other investments)
P (10 – 15 crypto n No other investments)+
P(16 + crypto n No other investments)
=0. 05 + 0. 02 + 0. 01 + 0. 00
=0. 08
Transcribed Image Text:3.
The table provided gives the
Number
Other Investments?
hypothetical joint distribution of the number of different
cryptocurrencies owned by OSU students and whether or
not the students have other investments.
of Crypto
Yes
No
Total
.16
.64
.80
1-5
.03
.05
.08
а.
Calculate P(No crypto n No other investments).
5-10
.02
.02
.04
10-15
.02
.01
.03
16+
.05
.00
.05
Total
.28
.72
1.00
b.
Calculate P(No crypto U No other investments).
C.
What is the probability that a randomly chosen student that invests in at least 1
cryptocurrency does not have other investments?
Are the number of cryptocurrencies owned by OSU students and whether or not the students
have other investments independent? Justify your answer.
d.
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