Which of the following techniques can be used to assess probabilities for very rare events? A. Subjective estimates. B. Event trees. C. Fault trees. D. Using a log-odds scale.
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9. Which of the following techniques can be used to assess probabilities for very rare events?
A. Subjective estimates.
B.
C. Fault trees.
D. Using a log-odds scale.
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- The following frequency table summarizes how many animals are surrendered to a local animal shelter daily. Dogs 6 Cats 13 Rabbits 4 Birds 2 Using experimental probability, what is the probability that a cat will be surrendered tomorrow? Express your answer as a fraction in lowest terms or a decimal rounded to the nearest millionth.A study reveals that 82% relationships end in the first two years. A random sample of 100 newly formed couples isselected.a. What is the probability that the sample proportion is less than 0.80?b. What is the probability that the sample proportion is within ±0.02 of the population proportion?Suppose the manager agrees to pay each employee a $50 bonus if they meet a certain goal. On a typical Saturday, the oil change facility will perform 40 oil changes between 10 AM and 12PM. Treating this as a random sample, there would be a 10% chance of the mean oil change time being at or below what value.