Essentials of Statistics for Business and Economics, Loose-leaf Version
Essentials of Statistics for Business and Economics, Loose-leaf Version
8th Edition
ISBN: 9781337114196
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Chapter 4.4, Problem 32E

a.

To determine

Construct a joint probability table for the data.

b.

To determine

Compute the marginal probabilities.

Explain what they tell about the probabilities associated with manufacturer and type of vehicle sold.

c.

To determine

Compute the probability that the vehicle was a car given that the vehicle is manufactured by one of the U.S. automaker. Also compute the probability that the vehicle was a light truck given that the vehicle is manufactured by one of the U.S. automaker.

d.

To determine

Compute the probability that the vehicle was a car given that the vehicle was not manufactured by one of the U.S. automaker.

Compute the probability that the vehicle was a light truck given that the vehicle was not manufactured by one of the U.S. automaker.

e.

To determine

Compute the probability that the vehicle was manufactured by one of the U.S. automaker

given that the vehicle was a light truck.

e.

To determine

Explain what information is obtained about sales.

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Chapter 4 Solutions

Essentials of Statistics for Business and Economics, Loose-leaf Version

Ch. 4.1 - The National Occupant Protection Use Survey...Ch. 4.1 - 12. The Powerball lottery is played twice each...Ch. 4.1 - A company that manufactures toothpaste is studying...Ch. 4.2 - An experiment has four equally likely outcomes:...Ch. 4.2 - 15. Consider the experiment of selecting a playing...Ch. 4.2 - Consider the experiment of rolling a pair of dice....Ch. 4.2 - Refer to the KPL sample points and sample point...Ch. 4.2 - 18. Fortune magazine publishes an annual list of...Ch. 4.2 - 19. Do you think global warming will have an...Ch. 4.2 - Junior Achievement USA and the Allstate Foundation...Ch. 4.2 - 21. Data on U.S. work-related fatalities by cause...Ch. 4.3 - Suppose that we have a sample space with five...Ch. 4.3 - 23. Suppose that we have a sample space S = {E1,...Ch. 4.3 - Clarkson University surveyed alumni to learn more...Ch. 4.3 - 25. The Eco Pulse survey from the marketing...Ch. 4.3 - 26. Information about mutual funds provided by...Ch. 4.3 - 27. What NCAA college basketball conferences have...Ch. 4.3 - A survey of magazine subscribers showed that 45.8%...Ch. 4.3 - High school seniors with strong academic records...Ch. 4.4 - 30. Suppose that we have two events, A and B, with...Ch. 4.4 - 31. Assume that we have two events, A and B, that...Ch. 4.4 - Prob. 32ECh. 4.4 - 33. Students taking the Graduate Management...Ch. 4.4 - The bureau of Transportation Statistics reports...Ch. 4.4 - 35. To better understand how husbands and wives...Ch. 4.4 - 36. Jamal Crawford of the National Basketball...Ch. 4.4 - 37. A joint survey by Parade magazine and Yahoo!...Ch. 4.4 - The Institute for Higher Education Policy, a...Ch. 4.5 - The prior probabilities for events A1 and A2 are...Ch. 4.5 - 40. The prior probabilities for events A1, A2, and...Ch. 4.5 - 41. A consulting firm submitted a bid for a large...Ch. 4.5 - A local bank reviewed its credit card policy with...Ch. 4.5 - 43. In August 2012, tropical storm Isaac formed in...Ch. 4.5 - ParFore created a website to market golf equipment...Ch. 4.5 - 45. The percentage of adult users of the Internet...Ch. 4 - A survey of adults aged 18 and older conducted by...Ch. 4 - 47. A financial manager made two new...Ch. 4 - 48. Forty-three percent of Americans use social...Ch. 4 - A study of 31,000 hospital admissions in New York...Ch. 4 - 50. A telephone survey to determine viewer...Ch. 4 - The U.S. Census Bureau serves as the leading...Ch. 4 - An MBA new-matriculants survey provided the...Ch. 4 - 53. Refer again to the data from the MBA...Ch. 4 - 54. In February 2012, the Pew Internet & American...Ch. 4 - 55. A large consumer goods company ran a...Ch. 4 - 56. Cooper Realty is a small real estate company...Ch. 4 - A company studied the number of lost-time...Ch. 4 - 58. According to the Open Doors Report, 9.5% of...Ch. 4 - An oil company purchased an option on land in...Ch. 4 - The five most common words appearing in spam...
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