The table provided gives the hypothetical joint distribution of the number of different cryptocurrencies owned by OSU students and whether or Number Other Investments? of Crypto Yes No Total .16 .64 .80 not the students have other investments. 1-5 .03 .05 .08 a. 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). С. What is the probability that a randomly chosen student that invests in at least 1 cryptocurrency does not have other investments? 3.

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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.
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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