Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. A person?s gender and the choice of their pet was recorded when 550 people were surveyed. What was the probability a person owns a

1. A person?s gender and the choice of their pet was recorded when 550 people were surveyed.

Question# 1. A person?s gender and the choice

What was the probability a person owns a cat given they are a female?

  • 0.44
  • 0.24
  • 0.653
  • 0.367

2. A person?s gender and the choice of their pet was recorded when 550 people were surveyed.

Question# 1. A person?s gender and the choice

A person selected a at random, what is the probability are a male given they own a dog?

  • 0.464
  • 0.54
  • 0.245
  • 0.529

3. You bought a new set of four tires from a tire shop recently. The shop had 500 tires in stock. Assume that 15 of these tires were defective. What is the probability that at least one of the tires you bought is defective? ( Round your answer to four decimal places)

4. A researcher wants to examine the number of Maryland households that will buy a house within the next year. If three Maryland households are selected randomly, let X be the number of the households that intend to purchase a house within the next year. What are the values that the random variable can take on?

  • 1. 2. 3
  • 0. 1. 2
  • 0. 1. 2. 3

5. One of the requirements of a probability distribution is that probabilities must sum to 0.

  • True
  • False

6. The probability model below describes the number of thunderstorms that a certain town may experience during the month of August. What should the value be in the missing cell?

http://d2vlcm61l7u1fs.cloudfront.net/media%2Fc9a%2Fc9a8d6d8-e90f-475f-8dd1-3127549e49d5%2FphpQKIznP.png

  • 0.3
  • 0.2
  • -0.2
  • 0.1

7. Consider the following probability distribution of the daily profit of a bakery. (Negative profit represents a loss.)

On a given day, the probability the bakery will have a profit of $200 or more is

  • 0.30
  • 0.80
  • 0.50
  • 0.20

8. Sue anne owns a medium-sized business. The probability model below describes the number of employees that may call in sick on any given day. What is the mean number of employees calling in sick each day?

X

Number of Employees Sick

P(X)

0

0.05

1

0.40

2

0.30

3

0.20

4

0.05

__________________

Female Male Dog 120 135 Cat 132 70 Other Pet 18 20 No Pet 30 25 Female Male Dog 120 135 Cat 132 70 Other Pet 18 20 No Pet 30 25 X 0 1 W|NT 2 3 4 P(X) 0.1 0.1 0.5 0.1 X -100 0 200 300 400 P(X) 0.05 0.15 0.30 0.40 0.10

Step by Step Solution

3.48 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

1 044 2 05... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Document Format ( 2 attachments)

PDF file Icon
60987a0e23131_28891.pdf

180 KBs PDF File

Word file Icon
60987a0e23131_28891.docx

120 KBs Word File

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

9780078025525, 9780077517359, 77517350, 978-0077398194

More Books

Students also viewed these Mathematics questions

Question

Solve 3 x = 12. Round your answer to two decimal places

Answered: 1 week ago

Question

What is the link between flexible budgeting and management control?

Answered: 1 week ago

Question

Do transfer prices exist in centralized firms? Why?

Answered: 1 week ago

Question

5. Explain the role of hypotheses in quantitative research.

Answered: 1 week ago