Explain why two mutually exclusive events with nonzero probabilities cannot be independent.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

See More Books

Question Posted: Feb 12, 2018 08:49 AM

See More Questions

Suppose two events A and B are mutually exclusive, with P(A) 0 and P(B) 0. By working through the following steps, youll see why two mutually exclusive events are not independent. (a) For mutually...
1. Suppose that E and F are mutually exclusive events with Pr(E) = .5 and Pr(F) = .3. Find Pr(E F). 2. Of the 120 students in a class, 30 speak Chinese, 50 speak Spanish, 75 speak French, 12 speak...
List two mutually exclusive events that describe the possible outcomes of each situation. a. A pharmaceutical firm seeks FDA approval for a new drug. b. A baseball batter goes to bat. c. A woman has...
Windy Company manufactures surfboard bags in a one-department process: Design and Manufacturing. The Design and Manufacturing Department uses weighted-average costing method. The following tables...
The Labouchere system for roulette is played as follows. Write down a list of numbers, usually 1, 2, 3, 4. Bet the sum of the first and last, 1 + 4 = 5, on red. If you win, delete the first and last...
Chandler Tailors pays its three part-time employees monthly. The following information is available for the February 2015 payroll: Required Prepare the journal entry to record payroll expenses for...
Tonyas free throws. Tonya makes 80% of her free throws in a long season. In a tournament game she shoots 5 free throws late in the game and misses 3 of them. The fans think she was nervous, but the...
City Productions performs London shows. The average show sells 900 tickets at $65 per ticket. There are 140 shows a year. No additional shows can be held as the theater is also used by other...
Satya Nadella, CEO of Microsoft, wanted employees to start cooperating instead of competing. Employees are no longer assessed on a curve, with those ending up at the lower end often getting no bonus...
The City Council of the City of Eastover adopted the following budget for its General Fund for 20X8. The budget was not revised during the fiscal year. The budgetary basis was modified accrual. City...
Explain why two independent events with nonzero probabilities cannot be mutually exclusive.
1. (True or False) When a conditional probability is calculated, the probability of the event that is given is placed in the denominator. 2. Can two events E and F be mutually exclusive if Pr (E) =...
Philip Musa can build either a large video rental section or a small one in his Birmingham drugstore. He can also gather additional information or simply do nothing. If he gathers additional...
PP Company purchases a material that is then processed to yield three chemicals: anarol, estyl, and betryl.In June, PPC purchased 10,000 gallons of the material at a cost of $250,000, and the company...
Suppose Boyson Inc. free cash flow for the next year is $ 1 5 0 , 0 0 0 and the FCF is expected to grow a concert rate of 6 . 5 % if WACC is 1 2 . 5 % what is the market value of the firm?
An eight lane urban freeway (four lanes in each direction) is on rolling terrain and has 11-ft lanes with a 4-ft right-side shoulder. The interchange density is 1.25 per mile. The base free-flow...
For the following business events, please indicate the increase (+) or decrease (-) on the following income statement and balance sheet categories. If there is no effect, leave the box blank. If...
4. Change the magnet to the original orientation and drag through the coil. a. What happens to the voltage and light bulb as the North Pole moves through the coil? b. What happens to the voltage and...
Rewrite each sentence to improve its parallel structure. The candidates platform included tax code reform, an improved school system, and reviving good relations with the unions.
Suppose the government bond described in problem 1 above is held for five years and then the savings institution acquiring the bond decides to sell it at a price of $940. Can you figure out the...
An order for a computer system can specify memory of 4, 8, or 12 gigabytes, and disk storage of 200, 300, or 400 gigabytes. Describe the set of possible orders.
Three events are shown on the Venn diagram in the following figure: Reproduce the figure and shade the region that corresponds to each of the following events. (a) A (b) A B (c) (A B) U C (d) (B U...
Three events are shown on the Venn diagram in the following figure:
firm purchased a new piece of equipment with an estimated useful life of eight years. The cost of the equipment was $65,000. The salvage value was estimated to be $10,000 at the end of year 8. Using...
On an average day, a company writes checks totaling $1,500. These checks take 7 days to clear. The company receives checks totaling $1,800. These checks take 4 days to clear. The cost of debt is 9%....
Olds Company declares Chapter 7 bankruptcy. The following are the book values of the asset and liability accounts at that time. A bankruptcy expert estimates that administrative expense will total $...

Explain why two mutually exclusive events with nonzero probabilities cannot be independent.

Question:

Step by Step Answer:

Suppose A and B are two mut...View the full answer

Finite Mathematics and Its Applications

Students also viewed these Statistics questions