Question
In a certain city,27% of the families have a MasterCard,16% have an American Express card, and22% have a Visa card.Tenpercent of the families have both
In a certain city,27% of the families have a MasterCard,16% have an American Express card, and22% have a Visa card.Tenpercent of the families have both a MasterCard and an American Express card.Thirteenpercent have both a Visa card and a MasterCard.Sevenpercent have both an American Express card and a Visa card.
a.What is the probability of selecting a family that has either a Visa card or an American Express card?
b.If a family has a MasterCard, what is the probability that it has a Visa card?
c.If a family has a Visa card, what is the probability that it has a MasterCard?
d.Is possession of a Visa card independent of possession of a MasterCard? Why or why not?
e.Is possession of an American Express card mutually exclusive of possession of a Visa card?
(Note:M = MasterCard, A = American Express, V = Visa)
(Round your answers to 2 decimal places, e.g. 0.21.)
a.
enter probability rounded to 2 decimal places
b.
enter probability rounded to 2 decimal places
c.
enter probability rounded to 2 decimal places
d.AsP(V)(select an option)
is equal to OR not equal to
P(V|M), possession of Visa(select an option)
is not OR is
independent of possession of MasterCard
e.American Express(select an option)
is not OR is
mutually exclusive of Visa.
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