Question
The probability that truck A will rise in price is 0.62 while the probability that truck B will rise in price is 0.53 . The
The probability that truckAwill rise in price is0.62while the probability that truckBwill rise in price is0.53. The probability of both trucks rising in price is0.47.
A= truck A will rise in price B= truck B will rise in price
Report numeric answers to 2 decimal places.Do notconvert to percent.
1.Use the given information to complete the following probability table.
AandBrepresent the complements of eventsAandBrespectively.
B B Total
A
A
Total 1.00
2)What is the probability that
a) truckAwill not rise in price?
b) only truckBwill rise in price?
c) at least one truck will rise in price?
d) both trucks will not rise in price?
e) only one truck will rise in price (not both)?
f) no more than one truck will rise in price?
3)a) AreA andBmutually exclusive? Why?
Select an answer
No. They can occur at the same.
Yes. They cannot occur at the same time.
No. They cannot occur at the same.
Yes. They can occur at the same time.
b) AreA andBindependent? Why?
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