Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(a) The university's union executive surveyed its members to determine what the members felt were the important issues to be discussed during forthcoming negotiations with

(a) The university's union executive surveyed its members to determine what the members felt were the important issues to be discussed during forthcoming negotiations with management. Results showed that 78% felt that job security was an important issue, while 60% felt that salary/benefits were important. Of those who felt that salary/benefits were an important issue, 92% also felt that job security was important.

(i)What percentage of the members felt that job security and salary/benefits were important?

(ii) What percentage of the members felt that at least one of these issues was important?

(iii) Is the importance attached to these two issues independent?

(iv) Of those who felt that job security was an important issue, what proportion felt that salary/benefits were important?

(b) Suppose the Australian cricket team is about to embark on a tour of India, where it will play three test matches. Based on past performance and present form, the probability of Australia winning a test match against India is 0.75. What is the probability that Australia will win all three test matches in India? What is the probability that Australia will lose (or draw) at least one test match during the Indian tour?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

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

Probability And Statistical Inference

Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

10th Edition

013518939X, 978-0135189399

More Books

Students also viewed these Mathematics questions

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago