Problems 7–9 pertain to the information in the following two-way contingency table relating the opinion of a company’s employees on a proposed revision of the company pension plan and position in the company. Blue-collar White-collar Managerial For 0.335 0.160 0.055 Against 0.315 0.090 0.045
7. The probability that a randomly selected worker is in favor of the revision is about: (a) 0.65 (b) 0.45 (c) 0.10 (d) 0.38 (e) 0.55
8. The probability that a randomly selected worker is in favor of the revision, given that he is a white-collar worker, is about: (a) 0.16 (b) 0.29 (c) 0.64 (d) 0.47 (e) 0.72
9. The events F: the person selected is in favor of the revision and W: the person selected is a white-collar worker are: (a) independent because of P(F ∩ W) = P(F) · P(W). (b) independent because P(F ∪ W) = P(F) + P(W). (c) independent because P(F|W) = P(W). (d) dependent because P(F ∩ W) 6= P(F) · P(W). (e) dependent because P(F ∪ W) 6= P(F) + P(W).
Problems 10 and 11 pertain to the probability distribution of the number X of courses a randomly selected 2016 graduate of a certain university dropped in the course of his university studies. x 0 1 2 3 4 5 6 7 P(x) 0.06 0.09 0.18 0.26 0.23 0.13 0.04 0.01
10. The probability that a randomly selected 2016 graduate dropped at most two courses is about: (a) 0.15 (b) 0.33 (c) 0.18 (d) 0.67 (e) 0.85
11. The average number of courses dropped by 2016 graduates is about: (a) 3.62 (b) 2.13 (c) 3.50 (d) 3.11 (e) 4.00
Answer 10
P(At most 2 courses) = P(0 Courses) + P(1 Course) + P(2 Courses)
P(At most 2 courses) = 0.06 + 0.09 + 0.18
P(At most 2 courses) = 0.33 (Option B)
Answer 11
The average number of courses = Σx*P(x)
The average number of courses = 0*0.06 + 1*0.09 + 2*0.18 + 3*0.26 + 4*0.23 + 5*0.13 + 6*0.04 + 7*0.01
The average number of courses = 3.11 (Option D)
***Dear Student, We can answer sub-parts of one question per post. Please post sub-parts of other question separately***
Problems 7–9 pertain to the information in the following two-way contingency table relating the opinion of...
4.49 Two thousand randomly selected adults were asked if they are in favor of or against cloning. The following table gives the responses. In Favor Against No Opinion Male Female 395 300 405 680 100 120 a. If one person is selected at random from these 2000 adults, find the probability that this person is i. in favor of cloning ii. against cloningiii. in favor of cloning given the person is a female iv. a male given the person has no opinion b. Are the events...
Problem 1-3 pertain to the following information. The serum cholesterol levels in men aged 18 to 24 is normally distributed with mean 178.1 and a standard deviation 40.7. 1. If a man age 18 to 24 is randomly selected, the probability that his serum cholesterol level is between 96.7 and 259.8 is about: a. 0.68 b. 0.75 c. 0.95 d. 0.50 e. 0.89 2. If 20 men were randomly selected, the mean and standard deviation of sample mean are a....
20. The following two-way contingency table gives the breakdown of the population in a particular locale according to party affiliation (A, B, C, or None) and opinion on a bond issue: Opinion Favor Oppose Undecid 0.12 0.09 0.07 Affiliati on ed Affiliati on Opinion Favor Oppose Undecid ed 0.16 0.12 0.14 0.04 0.03 0.06 0.08 0.06 0.03 None A person is selected at random. Find the probability of each of the following events. a. The person is affiliated with party...
The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working-age U.S. population for September 2017 Unemployed (Y=0) 0.026 Employed (Y=1) 0.576 Non-college grads (X=0) College Grads (X=1) 0.009 0.389 a) Compute marginal probabilities of X and Y. b) Compute E(Y) and E(X) c) Calculate E(YIX=1) and E(YIX=0) d) A randomly selected member of this population reports being unemployed. What is the probability that this...
ly ide i g Lesd ow W Eample 3 Use the following probabilities in the table below to answer 5 (five) questions Mutual fund does NOT Mutual fund out out performs the market performs the market Manager gradsated from top MBA school 0.20 0.25 Manager did NOT graduate from top MBA school 0.15 0.40 A What is the proportion of manager graduated from top MBA school? 6What is the probability of mutual Fund Out perfoms the Market? C P (Manager...
help please!!! The following table gives the number (lin millions) of men and women over the age of 24 at each level of educational attainment Did not College a Total Completed Some Gender complete high school college graduate high school Males 12.9 15.9 96.3 30.7 90.8 128 41.31037 103.7 Females 12.8 25.7 31.8 17.8 200 62.5 78.1 Total 33.7 A What is the probability that a randomly selected person over the age of 24 did not complete high school?(answer with...
The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working-age U.S. Population for 2012. Unemployed (Y=0) Employed (Y=1) Total Non-college grads(X=0) 0.045 0.590 0.635 College grads(X=1) 0.015 0.350 0.365 Total 0.060 0.940 1.000 a. Compute E(Y). b. Compute E(X). c. Compute Var(Y). d. Compute Var(X). e. Compute Cov(X,Y). f. [Compute Corr(X,Y). g. The unemployment rate is the fraction of the labor force that is...
The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed). Answer questions 36-40. Non-college grads (Y=0) College grads (Y=1) Total Unemployed X=0) Employed X1 Total 0.024 021120 16 0.105 0.456 0.564 0132 0.868 1.000 Table 2: Joint Distribution of Employment Status and College Graduation 36. Compute E(Y) (a) 0.466 (b) 0.564 (c) 0.946 (d) 0.534 37. Calculate ElYX = 1). (a) 0.456. (b) 0.490 (e) 0.525. (d)...
5. North Carolina State University posts the complete grade distributions for its courses online. The distribution of grades for all students in all sections of Accounting 210 in the spring semester of 2001 was Grade Probability .18 32 34 09 07 a. Using the scale A -4, B-3, C-2, D- 1, and F 0, let Xbe the grade of a randomly chosen b. Let X denote the mean grade for a random sample of 50 students from Accounting 210. Since...
The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working age U.S. population Unemployed (Y-0) 0.0426 0.0103 0.0529 Employed Non-college grads (X- 0) College grads (X= 1) Total 0.6248 0.3223 0.947 Total 0.6674 0.3326 0.9999 The expected value of Y, denoted E(Y), is. (Round your response to three decimal places.) The unemployment rate is the fraction of the labor force that is unemployed. Show...