Question
To develop programs for business travelers staying at convention hotels, Hyatt Hotels Corp. commissioned a study of executives who play golf. The study revealed that
To develop programs for business travelers staying at convention hotels, Hyatt Hotels Corp. commissioned a study of executives who play golf. The study revealed that 55% of the executives admitted that they had cheated at golf. There were 15% of the executives admitted that they had lied in business. Also, 10% of the executives admitted that they had cheated at golf and had lied in business.
a. Let A represent the event that an executive had cheated at golf. Let B represent the event that an executive had lied in business. Complete the following joint probability table and reproduce the table on your answer paper.
b. Given that an executive had cheated at golf, what is the probability that the executive also had lied in business?
c. Given that an executive had not lied in business, what is the probability that he had cheated at golf?
d. Are the events ?Cheated at golf? and ?Lied in business? mutually exclusive? Justify your answer statistically.
e. Are the events ?Cheated at golf? and ?Lied in business? independent? Justify your answer statistically.
BB B' 0.55 A' 0.15 1
Step by Step Solution
3.45 Rating (161 Votes )
There are 3 Steps involved in it
Step: 1
From question we can write a Now b c d Two ev...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started