Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 5, Problem 92DA

a.

To determine

1. Find the probability that the home has a pool.

2. Find the probability that the home is in township 1or has a pool.

3. Find the probability that the home has a pool given that it is in township 3.

4. Find the probability that the home has a pool and is in township 3.

a.

Expert Solution
Check Mark

Answer to Problem 92DA

  1. 1. The probability that the home has a pool is 0.64.
  2. 2. The probability that the home is in township 1or has a pool is 0.72.
  3. 3. The probability that the home has a pool given that it is in township 3 is 0.72.
  4. 4. The probability that the home has a pool and is in township 3 is 0.17.

Explanation of Solution

Calculation:

The below table shows the number of homes that have a pool versus the number of homes that does not have a pool in each of the five townships.

Township
pool12345Total
Yes61218181367
No98711338
Total1520252916105

Home has a pool:

The probability that the home has a pool is obtained as follows:

P(home has a pool)=Number of homes that have poolTotal number of homes=67105=0.64

Thus, the probability that the home has a pool is 0.64.

Home is in township 1 or has a pool:

The probability that the home is in township 1 or has a pool is obtained as follows:

P(home is in township 1 or has a pool)=(Number of homes that have pool +Number of homes that are in township 1Number of homes that have pool and is in township 1 )Total number of homes=67+156105=76105=0.72

Thus, the probability that the home is in township 1 or has a pool is 0.72.

Home has a pool given that it is in township 3:

The probability that the home has a pool given that it is in township 3 is obtained as follows:

P(home has a pool given that it is in township 3)=(Number of homes that have pool and is in township 3 )Total number of homes in township 3=1825=0.72

Thus, the probability that the home has a pool given that it is in township 3 is 0.72.

Home has a pool and is in township 3:

The probability that the home has a pool and is in township 3 is obtained as follows:

P(home has a pool and is in township 3)=(Number of homes that have pool and is in township 3 )Total number of homes=18105=0.17

Thus, the probability that the home has a pool and is in township 3 is 0.17.

b.

To determine

1. Find the probability that the home has a garage attached.

2. Find the probability that the home does not have a garage attached given that it is township 5.

3. Find the probability that the home has a garage attached and is in township 3.

4. Find the probability that the home does not have a garage attached or is in township 2.

b.

Expert Solution
Check Mark

Answer to Problem 92DA

  1. 1. The probability that the home has a garage attached is 0.74.
  2. 2. The probability that the home does not have a garage attached given that it is township 5 is 0.1875.
  3. 3. The probability that the home has a garage attached and is in township 3 is 0.18.
  4. 4. The probability that the home does not have a garage attached or is in township 2is 0.39.

Explanation of Solution

Calculation:

The below table shows the number of homes that have a garage versus the number of homes that does not have a garage in each of the five townships.

Township
garage12345Total
Yes91419231378
No6666327
Total1520252916105

Home has a garage attached:

The probability that the home has a garage attached is obtained as follows:

P(home has a garage)=Number of homes that have garageTotal number of homes=78105=0.74

Thus, the probability that the home has a garage attached is 0.74.

Home does not have a garage attached given that it is in township 5:

The probability that the home does not have a garage attached given that it is in township 5 is obtained as follows:

P(home does not have a garage attached given that it is in township 5)=(Number of homes that are not garage attached  and is in township 5 )Total number of homes in township 5=316=0.1875

Thus, the probability that the home does not have a garage attached given that it is in township 5 is 0.1875.

Home has a garage attached and is in township 3:

The probability that the home has a garage attached and is in township 3 is obtained as follows:

P(home has a garage attached and is in township 3)=(Number of homes that are garage attached and is in township 3 )Total number of homes=19105=0.18

Thus, the probability that the home has a garage attached and is in township 3 is 0.18.

Home does not have a garage attached or in township 2:

The probability that the home does not have a garage attached or in township 2 is obtained as follows:

P(home does not have a garage attachedor in township 2)=(Number of homes that are not garage attached +Number of homes that are in township 2Number of homes that are not garage attached and is in township 2 )Total number of homes=27+206105=41105=0.39

Thus, the probability that the home does not have a garage attached or in township 2 is 0.39.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Chapter 5 Solutions

Loose Leaf for Statistical Techniques in Business and Economics

Ch. 5 - Prob. 7ECh. 5 - A sample of 2,000 licensed drivers revealed the...Ch. 5 - Bank of America customers select their own...Ch. 5 - Prob. 3SRCh. 5 - Prob. 4SRCh. 5 - Prob. 11ECh. 5 - Prob. 12ECh. 5 - Prob. 13ECh. 5 - The chair of the board of directors says, There is...Ch. 5 - Suppose the probability you will get an A in this...Ch. 5 - Two coins are tossed. If A is the event two heads...Ch. 5 - Prob. 17ECh. 5 - Prob. 18ECh. 5 - Prob. 19ECh. 5 - Prob. 20ECh. 5 - The aquarium at Sea Critters Depot contains 140...Ch. 5 - A National Park Service survey of visitors to the...Ch. 5 - From experience, Teton Tire knows the probability...Ch. 5 - The board of directors of Tarbell Industries...Ch. 5 - Refer to Table 51 on page 151 to find the...Ch. 5 - Consumers were surveyed on the relative number of...Ch. 5 - Prob. 23ECh. 5 - Prob. 24ECh. 5 - Prob. 25ECh. 5 - Prob. 26ECh. 5 - Prob. 27ECh. 5 - Prob. 28ECh. 5 - Prob. 29ECh. 5 - Prob. 30ECh. 5 - Prob. 31ECh. 5 - Prob. 32ECh. 5 - Prob. 9SRCh. 5 - Prob. 33ECh. 5 - Prob. 34ECh. 5 - Prob. 35ECh. 5 - Prob. 36ECh. 5 - The credit department of Lions Department Store in...Ch. 5 - Prob. 38ECh. 5 - Prob. 10.1SRCh. 5 - Prob. 10.2SRCh. 5 - Prob. 11.1SRCh. 5 - Prob. 11.2SRCh. 5 - Prob. 11.3SRCh. 5 - In a lottery game, three numbers are randomly...Ch. 5 - Prob. 39ECh. 5 - Prob. 40ECh. 5 - Prob. 41ECh. 5 - A telephone number consists of seven digits, the...Ch. 5 - An overnight express company must include five...Ch. 5 - A representative of the Environmental Protection...Ch. 5 - Sam Sneads restaurant in Conway, South Carolina,...Ch. 5 - A company is creating three new divisions and...Ch. 5 - The marketing research department at Pepsico plans...Ch. 5 - The number of times a particular event occurred in...Ch. 5 - The probability that the cause and the cure for...Ch. 5 - Berdines Chicken Factory has several stores in the...Ch. 5 - Prob. 51CECh. 5 - The first card selected from a standard 52-card...Ch. 5 - Prob. 53CECh. 5 - Refer to the following picture. a. What is the...Ch. 5 - Prob. 55CECh. 5 - Assume the likelihood that any flight on Delta...Ch. 5 - Prob. 57CECh. 5 - Prob. 58CECh. 5 - Prob. 59CECh. 5 - Prob. 60CECh. 5 - Prob. 61CECh. 5 - Forty percent of the homes constructed in the...Ch. 5 - Prob. 63CECh. 5 - Prob. 64CECh. 5 - Prob. 65CECh. 5 - Prob. 66CECh. 5 - Prob. 67CECh. 5 - Prob. 68CECh. 5 - Prob. 69CECh. 5 - An investor purchased 100 shares of Fifth Third...Ch. 5 - Flashner Marketing Research Inc. specializes in...Ch. 5 - Prob. 72CECh. 5 - Prob. 73CECh. 5 - Prob. 74CECh. 5 - Prob. 75CECh. 5 - Prob. 76CECh. 5 - Prob. 77CECh. 5 - Prob. 78CECh. 5 - Prob. 79CECh. 5 - Prob. 80CECh. 5 - Prob. 81CECh. 5 - Prob. 82CECh. 5 - Prob. 83CECh. 5 - Prob. 84CECh. 5 - Prob. 85CECh. 5 - Prob. 86CECh. 5 - Prob. 87CECh. 5 - ABC Auto Insurance classifies drivers as good,...Ch. 5 - Prob. 89CECh. 5 - The probability a D-Link network server is down is...Ch. 5 - Prob. 91CECh. 5 - Prob. 92DACh. 5 - Prob. 94DA
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
College Algebra
Algebra
ISBN:9781337282291
Author:Ron Larson
Publisher:Cengage Learning
Text book image
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Text book image
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Mod-01 Lec-01 Discrete probability distributions (Part 1); Author: nptelhrd;https://www.youtube.com/watch?v=6x1pL9Yov1k;License: Standard YouTube License, CC-BY
Discrete Probability Distributions; Author: Learn Something;https://www.youtube.com/watch?v=m9U4UelWLFs;License: Standard YouTube License, CC-BY
Probability Distribution Functions (PMF, PDF, CDF); Author: zedstatistics;https://www.youtube.com/watch?v=YXLVjCKVP7U;License: Standard YouTube License, CC-BY
Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License