Give a realistic real life example of 2 binary variables that would be mutually exclusive, or disjoint. Make up the proportions for each variable on their own and prove they are mutually exclusive, or disjoint.
An example of disjoint events is heading north and heading south. Since going north and south, which are in two opposite directions at the same time is not possible, this event is mutually exclusive or disjoint.
The probability for two disjoint events happening at the same time is zero. This can be written as "P(C and D) = 0", where C and D are two different events. The probability of either one of them happening is the summation of both the events' probabilities. It can be written as "P(C or D) = P(C) + P(D)."
Nonmutually exclusive events have some common results. The probability of either one of them happening can be written as "P(C or D) = P(C) + P(D) - P(C and D)."
Give a realistic real life example of 2 binary variables that would be mutually exclusive, or...
describe real-life events that are: Complementary Mutually exclusive. Not mutually exclusive. Independent. Dependent. For each of the examples, you provide briefly explain how you know they are that type of event.
Give me a real-life example of Two variables that have a strong positive correlation. Use Google or other research methods to find the correlation coefficient to support your claim. What reasons or conditions attribute to the strong correlation? Do some research, but do not make up a numerical example. Two variables that have a strong negative correlation. Use Google or other research methods to find the correlation coefficient to support your claim. What reasons or conditions attribute to the strong...
1) What does it mean for events to be mutually exclusive? Give an example of events that are mutually exclusive and an example of events that are not. 2) How is the probability of an event found? 3) When drawing one card at random from a standard deck of cards, what is probability of getting a king, P(K)? Now let's put a condition on that probability, find the probability of getting a king given that the card is a face...
What does correlation does not imply causation mean? Give an example of two real-life variables that are correlated but do not have a causal relationship. Also give an example of two variables that are correlated and that also have a causal relationship.
2. Give your own example of a real-life market that may be a monopoly and one that may be an oligopoly. Explain why that market is a monopoly and why the other market is an oligopoly. ollisia ei olorat diw)
Give a real-world example of where ratio or proportions are used. 2. Give a real-world example of direct variation. 3. When you go out to dinner at a restaurant, how does your party determine the tip to leave the server?
In your own words, explain the five common purposes served by trademarks. Give a real-life example of each purpose.
1. Give a real-life example (either you or someone you know or an example you found online) of the alarm stage of GAS. 2. Give a real-life example of the resistance stage of GAS. 3. Define what the exhaustion stage of GAS could look like and use a real-life example.
Give a real life example of an implicit fixed cost and an explicit
variable cost. Explain briefly your reasoning.
5. Give a real life example of an implicit fixed cost and an explicit variable cost. Explain briefly your reasoning.
2) Two mutually exclusive design alternatives are being considered, with each one having a useful life of 10 years. The estimated sales and cost data for each alternative are shown. Annual revenues are based on the number of units sold and the selling price. Annual expenses are based on the fixed and variable costs. If the MARR is 20% per year, determine which alternative is preferable based on the PW Method. 12 Investment cost Units to be sold each year...