What is the transaction probability p22 value

Q: how to get probability?

A: Probability refers to the likelihood of chance of happening of a particular event. The value of…

Q: Develop the ability to calculate the probability that in a single trial, some event A occurs or some…

A: It is given that the considered events are A  and B.  Assuming the events A  and B are not disjoint,…

Q: Write priori and subjective definitions of probability.

A: Prior probability: A prior probability also known as classical probability refers to the likelihood…

Q: Mrs. Polka started a new game of high stakes in her classes.  In a bag she has 10 pieces of paper, 2…

A: We have given that  Total piece of paper=10 2 of them 5 bonus points , 3 of them 2 bonus points,  5…

Q: C. The probability that the the child will be older than 5 years old? | 0.8681 d. The probability…

A: Consider that the answer of the given part a, b, and c are the correct answer. And distribution is…

Q: Explain the concept of "two-tailed probability"?

A: The concept of two-tailed probability relates to the testing of the hypothesis to study the…

Q: Discuss the addition rule of probability

A: To explain the addition rule of the probability.

Q: The accompanying table shows the numbers of male and female students in a particular country who…

A: The table shows the numbers of male and female students in a particular country who received…

Q: Define PROBABILITY THEORY

A: Probability theory, a branch of mathematics concerned with the analysis of random phenomena. The…

Q: How is the probability theory used in the relationship between exposures and the risk of health…

A: The probability shows how likely an event can occur.

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: Refer to Table 1. What is the probability that an undergraduate business major intends to attend…

A:

Q: A ballon at a party pops when kids play with it with probability 0.40. What are the probability the…

A: Solution: From the given information, probability of a balloon at a party pops when kids play is…

Q: a car rental company has determined that probability a car will need a service work in any given…

A: The probability that more than 400 cars will require service = P[X>400] = 1

Q: The probability that a student pilot passes the written test for a private pilot's license is 0.55.…

A: Probability distributions are of two types, discrete and continuous distributions. Binomial…

Q: There are two components in an electronic system. Let X and Y denote the lengths of life in years.…

A:

Q: If a person invests in the stock market and has a probability of 0.78 of winning $52,943 or a…

A: If a person invests in the stock market and has a probability of 0.78 of winning $52,943 or a…

Q: What is probability?

A: The chance of occurrence of an event is the probability of that event.

Q: What does probability describes.

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

Q: How is probability interpreted?

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

Q: the sales manager knows that 36% of his clients do not pay their debts in full. He supposes that he…

A:

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: The probability of winning the grand prize at a particular carnival game is 0.005. Michele wins the…

A: Probability measures the chance occurrence of an event out of all possible outcomes.

Q: The senior talent show is scheduled to take place this afternoon. Michael is in stats class…

A: The geometric probability distribution is, PX=x=p1-px-1 In the formula, p be the probability of…

Q: You are a realtor trying to reach your end of year bonus. To do so, you need to sell 2 homes in the…

A: Introduction to Poisson distribution: A random variable X is said to have a Poisson distribution…

Q: A booth at the school carnival prepared 30 grab bags offered for sale for $3.00 a bag. Ten bags…

A:

Q: State the frequentist interpretation of probability.

A: The probability of an event is obtained as the ratio of favorable number of cases to the total…

Q: What sort of information would you collect with probability

A: Let A  be a event. The probability of A is obtained by the formula PA=nAnS. Where nA is the total…