Given that A and B are two independent events, find their joint probability for the following. a.
Question:
Given that A and B are two independent events, find their joint probability for the following.
a. P(A) = .29 and P(B) = .65
b. P(A) = .03 and P(B) = .28
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
a PA and B P...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Given that A and B are two mutually exclusive events, find P(A or B) for the following. a. P(A) = .71 and P(B) = .03 b. P(A) = .44 and P(B) = .38 Discuss.
-
Given that A and B are two mutually exclusive events, find P(A or B) for the following. a. P(A) = .38 and P(B) = .59 b. P(A) = .15 and P(B) = .23
-
Given that A and B are two mutually exclusive events, find P(A or B) for the following. a. P(A) = .71 and P(B) = .03 b. P(A) = .44 and P(B) = .38
-
The manager of a $20 million portfolio of domestic stocks with a beta of 1.10 would like to begin diversifying internationally. He would like to sell $5 million of domestic stock and purchase $5...
-
Parallel Axis Theorem Consider a lamina S of mass m together with parallel lines L and L( in the plane of S. the line L passing through the center of mass of S. Show that if I and I' are the moments...
-
Evaluate each definite integral. Use the integration feature of a graphing calculator, if you wish, to support your answers. TT/2 J/4 cot x dx
-
Define change. (p. 249)
-
Weekly customer demand for Amour du jour at a typical Amber restaurant is uniformly distributed between 200 gallons and 500 gallons. An Amber restaurant spends $75 per gallon to purchase the main raw...
-
Analyse the use of different planning tools and their application for preparing and forecasting budgets.
-
It is now December 31, 2014 (t = 0) , and a jury just found in favor of a woman who sued the city for injuries sustained in a January 2013 accident. She requested recovery of lost wages plus $100,000...
-
The probability that a randomly selected college student attended at least one major league baseball game last year is .12. What is the complementary event? What is the probability of this...
-
Seven hundred adults who eat ice cream regularly were asked about their favorite ice cream. The following table gives the two-way classification of their responses. a. One adult is randomly selected...
-
A chemist, Mada Meens, treated ammonia with pentanal in the presence of hydrogen gas and a catalyst in the expectation of obtaining 1-pentanamine by reductive amination. In addition to 1-pentanamine,...
-
?In civil engineering, what is the main use of a slump test in concrete technology?
-
Briefly explain what spatial autocorrelation means and what method can be used to measure it
-
Discuss the theoretical implications of adopting biodegradable materials in civil engineering for reducing environmental impact and enhancing sustainability.
-
Analyze the role of civil engineering in coastal erosion management. What are the engineering strategies for shoreline protection, beach nourishment, and coastal infrastructure design to mitigate...
-
Analyze the impact of climate change on civil engineering practices, particularly in the areas of coastal and floodplain management, and discuss strategies for mitigating these impacts
-
The general ledger accounts and balances for Kits & Pups Grooming follow. 1. Prepare a work sheet for the month ended September 30, 20--. 2. Prepare an income statement for the period. 3. Prepare a...
-
What exactly is a prima facie duty? How does an ethic of prima facie duties differ from monistic and absolutist ethical theories?
-
Briefly describe an impossible event and a sure event. What is the probability of the occurrence of each of these two events?
-
A restaurant chain is planning to purchase 100 ovens from a manufacturer, provided that these ovens pass a detailed inspection. Because of high inspection costs, 5 ovens are selected at random for...
-
A production system has two production lines; each production line performs a two-part process, and each process is completed by a different machine. Thus, there are four machines, which we can...
-
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
-
Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $40,000 $50,000 Useful life...
-
4. (10 points) Valuation using Income Approach An appraiser appraises a food court and lounge and provides the following assessment: o O The building consists of 2 floors with the following (6)...
Study smarter with the SolutionInn App