Calculate the probability of this event

Assignment Help Other Subject
Reference no: EM132585729

Question - Consider randomly selecting a student at a certain university, and let A denote the event that the selected individual has a Visa credit card and B be the analogous event for a MasterCard. Suppose that P(A) = 0.6, P(B) = 0.5, and P(A ∩ B) = 0.35.

(a) Compute the probability that the selected individual has at least one of the two types of cards (i.e., the probability of the event A U B).

(b) What is the probability that the selected individual has neither type of card?

(c) Describe, in terms of A and B, the event that the selected student has a Visa card but not a MasterCard.

(d) Calculate the probability of this event. A ∩ B' A U B' A' U B' A' ∩ B' A' ∩ B.

Reference no: EM132585729

Questions Cloud

Finalizing capstone project : Before finalizing your capstone project, it is important to make sure that your vision and goals align with current needs of the organization.
Transformation of risk management in their business : You have been asked to advise the Akawini management team how they should promote and monitor the transformation of risk management in their business.
Find the new system frequency and power : If an additional 1 MW load is attached to the power system. Find the new system frequency and power supplied by each generator
Strategic plan-internal environmental analysis : Identify important internal environmental factors found in your analysis of the general, industry, and external environments.
Calculate the probability of this event : Compute the probability that the selected individual has at least one of the two types of cards. Calculate the probability of this event
How you act in conflicts : Complete the questionnaire "How You Act in Conflicts" and score your results. Describe the attributes or modern racism, ethnocentrism, and prejudice.
External environment of an organization : The external environment of an organization comprises of all the entities that exist outside its boundary but have significant influence on its growth
Human nature to make assumptions : When making a decision it is human nature to make assumptions. What factors should be taken into consideration when collecting data for a strategic decision?
Eligible for loans with higher interest rates : Interest rates suggests that individuals with poor or no credit, and lower incomes should only be eligible for loans with higher interest rates,

Reviews

Write a Review

Other Subject Questions & Answers

  What is meant by the life course perspective

Describe the options that are available for dealing with the Struldbrugg problem, that is, a prolonged period of frailty and dependency at the end of life.

  Discuss what avenues are now open to trent

What avenues are now open to Trent. What does this case say to you about the need for supervisors to act morally

  Assess the impact of individual influences such as comfort

1.assess the impact of individual influences such as comfort for risk cognitive style personality intuition and

  How might climate change effect water supplies in western us

Based on what is in the film, how might global climate change affect intensity of hurricanes? How might climate change effect water supplies in the western US?

  Explain the terms outbreak and epidemic

As a health officer, you have been asked to discuss the subject of epidemiology to high school students getting ready to enroll in Winterton College.

  Cross-cultural approaches to leadership development

Identify some of the pros and cons of arming probation officers. If you were a probation officer, would you want to be required to carry a firearm?

  What had the greatest effect on you

What had the greatest effect on you? What were you surprised about? What can you use in your daily life?

  What would a reasonable person have done

Did Pat fail to exercise the degree of care that a reasonable person would have exercised under the circumstances? If so, what would a reasonable person have done? Were Pat's actions the proximate cause of the damages sustained?

  Examine prior government policies and legislation

Examine prior government policies and legislation that might have exacerbated the impact of the shocks. Also, discuss government actions/regulations that might.

  Problems based on racism issues

What will you do specially ? Explain what strategies you will practice in order to get a better prespective on this stereotype or phobia.

  Explain laws and ethics of psychologists

The final exam is composed of 10 brief scenarios that are based on your reading of the text and laws and ethics of psychologists.

  Patient before you plan the nutrition intervention

What are the pertinent lab values that you would request to have a complete information on the patient before you plan the nutrition intervention?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd