Solution:
Given that,
P(Ac) = 0.57
P(B) = 0.36
P(A Bc) = 0.03
P(A) = 1 - P(Ac)
= 1 - 0.57
= 0.43
P(Bc) = 1 - P(B)
= 1 - 0.36
= 0.64
a)
By using conditional probability
P(A / Bc) = P(A Bc) / P(Bc)
= 0.03 / 0.64
= 0.05
b)
P(Bc / A) = P(A Bc) / P(A)
= 0.03 / 0.43
= 0.070
c)
If A and B are independent
Then
P(A / Bc) = P(A)
The option is
Yes because P(A / Bc) = P(A)
Consider the following probabilities: P(AC) 0.57, PB = 0.36, and P(A n B) 0.03 a. Find...
Exercise 4-27 Algo The probabilities that stock A will rise in price is 0.56 and that stock B will rise in price is 0.44. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.48. a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.) Probability b. Are events A and B mutually exclusive? Yes because PA | B)...
Question 3 (1 point) Let A and B be events with PA) - 0.73, PB) - 0.26, and PBA) - 0.50. Find PA and B). Write only a number as your answer. Round to two decimal places (for example: 0.52). Do not write as a percentage. Your Answer: Answer Question 4 (1 point) Let A and B be independent events with PA) - 0.69 and PB) - 0.36. Find PA and B). Write only a number as your answer. Round...
10.00 polnts Exercise 4-21 Algo Let P(A)-0.41, P(B) 0.36, and P(ANB) 0.22 a. Are A and B independent events? O Yes because PAIB) PIA Yes because FIA n B)メ。 No because PIA | B) PIA) No because PA n B) #0 b. Are A and B mutually exclusive events? O Yes because PIAI B) PIA) Yes because RA n B) # 0 O No because PIA | B) PIA) @ No because P(A n Β) # O c. What is...
The probabilities that stock A will rise in price is 0.40 and that stock B will rise in price is 0.60. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.80. a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.) b. Are events A and B mutually exclusive? Yes because P(A | B) = P(A). Yes because...
1.) Given P(A) = 0.57, P(B) = 0.20, P(C) = 0.34 and that events A, B, and C are independent, what is P(A, B, and C). Answer in decimal form. Round to 3 decimal places as needed.
Question 3 (1 point) Let A and B be events with AA) = 0.55 , AB)-0.57 , and AB 1 A)-O.60 . Find AA and B). Write only a number as your answer. Round to two decimal places (for example: 0.52). Do not write as a percentage. Your Answer: Answer Question 4 (1 point) Let A and B be independent events with PA) 0.31 and AB) 0.39. Find RA and B). Write only a number as your answer. Round to...
Use the contingency table below to find the following probabilities a. AB b. AB' C. A'B' d. Are events A and B independent? a. P(A/B) (Round to two decimal places as needed.) b. P(AIB') = c. P(A'B') = (Round to two decimal places as needed.) (Round to two decimal places as needed.) d. Are events A and B independent? O O A and B are not independent. A and B are independent.
Given the following information, answer questions 1-4. P(A) 0.36 P(B) 0.42 A and B are independent. Round all answers to 2 decimal places as needed 1) Find P(An B). 2) Find P(A U B). 3) Find P(A | B). 4) Find P(B| A). Preview Preview Preview Preview Given the following information, answer questions 5-7. P(A) 0.36 P(B)0.42 A and B are dependent. P(A B)- 0.42 Round all aunwers to 2 decimal placer as naedaed 5) Find P(An B). Preview 6)...
Find P(A U (Be UC)9) in each of the following four cases: (a) A, B, and C are disjoint events and P(A) 1/2. (b) P(A)2P(BC)3P(ABC)-1/2 (c) P(A)1/2, P(BC) 1/3, and P(AC)0 (d) PA n (BC UC) 0.7
Given the following probabilities for some random process, P(A) = .42 P(B) = .22 P(A and B) = .05 Determine the following. (Show your work and highlight your final answers either with a highlighter or by placing a box around it. Use 4 decimal places if necessary.) P(A or B) P(A│B) P(B│A) P(AC and B) P(BC│AC)