What is the probability that a shopper will check prices online but not use online coupons or a smart phone?

Q: What is the formula in getting the unmatched odds ratio?

A: We need to answer the formula in getting the unmatched odds ratio.

Q: b. Perform the calculations to find the expected number of individuals who plead guilty and are sent…

A: The formula to find the Expected frequency is,

Q: measurement

A: A sample is a subset of a population.

Q: What can you say about nature of probability?

A: The probability refers to the chances of an event to occur. It is nominal in nature and can never be…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: From the provided information, the total number of tickets they will sell = 700. So,

Q: compute every total probability.

A: We are given that CDF of X & Y are: FX,Y(x,y)=0x<-2 or y<-538-2≤x<2 and -5≤y<312x≥2…

Q: Describe the concept of Probability?

A:

Q: Please discuss the main ways to determine probability

A: It is needed to discuss different ways of determining the probability.

Q: Describe about the subtraction rule of Probability.

A: Let A denote an event.

Q: Define the term event in a probability field by giving illustration. Please give an in-depth…

A: Probability is the chance of occurrence of an event.

Q: Describe about the Independent Events of probability.

A: In probability, independent events are the ones in which the occurrence of one event does not…

Q: A poll showed that 68.5% of Americans say they believe that Marilyn Monroe had an affair with JFK.…

A: Given information- Percentage of Americans believe that Marilyn Monroe had an affair with JFK =…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: It is requested to calculate the expected profit for one ticket. Cost of one ticket = $ 8 Total…

Q: What is the probability that a sale will be made before the fourth sales call if the probability you…

A: From the given  information, Probability of success (he made sale call) = 0.17 p=0.17q=1-0.17  =0.83…

Q: 50 raffle tickets were sold for $5 apiece, with a chance to win a flat screen TV values at $700.…

A: The price can be won only one of the ticket out of 250 raffle tickets  So,  P(win) =1250P(Loss) =…

Q: Write a simplified report about the importance of studying probability in you real life?

A: Athletes and coaches use probability to find the best sports strategies for game and compition.…

Q: Define Coverage probabilities?

A:

Q: How do the fraction of the total outcomes and theoretical probability compare

A: Theoretical Probability can be defined as mathematical intuition of what possibly could happen. For…

Q: What is the probability that the sample mean tax is between 7600 8000

A:

Q: A piece of plywood is composed of five layers. The two outer layers are veneers with thickness 0.50…

A:

Q: The business world involves risk and uncertainty, explain the importance to businesses of…

A: The explanation about the role of probability in business analysis.

Q: What does probability describes.

A: Probability is the likelihood of the occurrence of the event. It tells how often the event will…

Q: What is Probability Analysis?

A: Probability analysis: Probability analysis is used by the risk managers. It is the method by them to…

Q: How is probability interpreted?

A: The probability of an event E is denoted by P(E).

Q: Explain application of probability in social science.

A: The concept of probability is especially useful when one has selected a sample from the population…

Q: expected value

A: Let X be the random variable representing the number of policies sold by the salesperson. The…

Q: What are the three approaches to assigning probability? Provide some examples of how these would be…

A: The three approaches to assigning probabilities are: Classical approach, Relative frequency approach…

Q: Acme Realty reports that it sells 75 homes in 25 days. What is the probability that exactly 2 homes…

A:

Q: Suppose you flip a fair coin twice. What is the probability that the outcome is the same both times?…

A: When we flip a coin toss twice then total number of possible outcomes are S = {HH, HT, TH, TT }

Q: The state of California has a mean annual rainfall of 22 inches, whereas the state of New York has a…

A: Given: For California: Mean,μ=22Std deviation,σ=4Sample size, n=30 For New York: Mean,μ=42Std…