In Exercises 11–16, fill in the blanks using the named events. [ HinT: See Example 2 and the FAQ at the end of the section.] 2% of all items bought on my auction site ( B ) were works of art ( A ) , whereas only 1% of all works of art on the site were bought. P ( _ _ | _ _ ) = _ _ _ ; P ( _ _ | _ _ ) = _ _ _
In Exercises 11–16, fill in the blanks using the named events. [ HinT: See Example 2 and the FAQ at the end of the section.] 2% of all items bought on my auction site ( B ) were works of art ( A ) , whereas only 1% of all works of art on the site were bought. P ( _ _ | _ _ ) = _ _ _ ; P ( _ _ | _ _ ) = _ _ _
Solution Summary: The author explains that 2% of all items bought on their auction site (B) were works of an art, whereas only 1% of art on the site were brought.
In Exercises 11–16, fill in the blanks using the named events.
[HinT: See Example 2 and the FAQ at the end of the section.]
2% of all items bought on my auction site
(
B
)
were works of art
(
A
)
, whereas only 1% of all works of art on the site were bought.
P
(
_
_
|
_
_
)
=
_
_
_
;
P
(
_
_
|
_
_
)
=
_
_
_
2.62 For the period 2001–2008, the Bristol-Myers Squibb Company, Inc. reported the following amounts (in billions of dollars) for (1) net sales and (2) advertising and product promotion. The data are also in the file XR02062.
Source: Bristol-Myers Squibb Company, Annual Reports, 2005, 2008.
Year Net Sales Advertising/Promotion
2001 $16.612 $1.201
2002 16.208 1.143
2003 18.653 1.416
2004 19.380 1.411
2005 19.207 1.476
2006 16.208 1.304
2007 18.193 1.415
2008 20.597 1.550
For these data, construct a line graph that shows both net sales and expenditures for advertising/product promotion over time. Some would suggest that increases in advertising should be accompanied by increases in sales. Does your line graph support this?
(c) S
Which one of these graphs does not represent a normal distribution?
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