Calculating probabilities for events

Assignment Help Basic Statistics
Reference no: EM1316040

Sixty percent of the employees in a certain department are female. One third of the females drive foreign cars. The rest drive domestic cars. Twenty-five percent of the males in the department drive foreign cars. One person is randomly selected from the departmental files. Use this information to construct a probability table, and then calculate each of the following probabilities:

Are the events female and foreign car owners independent? Why or why not?

Reference no: EM1316040

Questions Cloud

The relationship among variables is sufficient to warrant : Describe the data appear the strength of the relationship among variables is sufficient to warrant using linear regression forecasting.
Explain usage of the budgeting in business environment : Explain Usage of the budgeting in business environment and Discuss how budgeting can be used at your place of employment
Find the beta of the portfolio : Multiple choice questions on funds and interests and what is the expected rate of return and find the beta of the portfolio?
Estimate the monopolist profit maximizing quantity : A monopolist has a constant marginal and average cost of $10 and faces a demand curve of Q D -Calculate the monopolist's profit maximizing quantity, price and profit.
Calculating probabilities for events : Use this information to construct a probability table, and then calculate each of the following probabilities:
Identify slope and intercepts from the graph : Identify slope and intercepts from the graph
Find the expected return on siebling''s common stock : Select the best option of Investment among various interest compounding and find the expected return on Siebling's common stock?
Demand for monopolist break-even point : A perfect competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q^2-What is the lowest price at which the firm can break even?
Simple linear regression model using mega stats : Use MegaStat's output for simple linear regression to determine the regression equation

Reviews

Write a Review

Basic Statistics Questions & Answers

  Estimating the geometric mean rate of increase

Confirm that these statements are accurate by finding the geometric mean rate of increase.

  Regression model-estimated regression equation

In a regression model involving 30 observations, the following estimated regression equation was obtained:

  Estimating the population parameter and statistic

The probability of obtaining a random sample mean, which is lower than the population mean, is:

  Evidence of a significant difference

Is there evidence of a significant difference in the proportion who get their news primarily from newspapers between those 36 to 50 years old and those above 50 years old? (use α = 0.05)

  Values of probability based on binomial distribution

Find the probability of exactly 6 Mexican-Americans among 12 jurors.

  To test the claim using single mean z test

Does this sample indicate a smaller average? Use α = 0.05 and assume a normally distributed population.

  Computing mean and standard deviation for sample

Compute mean and standard deviation for sample of N = 8 females and sample of N = 8 for males.

  Computing standard deviation for drinking regular coffee

Suppose population standard deviation for those drinking regular coffee is 1.20 cups per day and 1.36 cups per day for those drinking decaffeinated coffee.

  Mean time between failures

Establish an approximate design to MTBF required for a system that will result in an approximate minimum total cost over a five year period if the system is to be operated 7500 hours per year

  Expected profit maximization

How many jackets should the store owner order if she wants to maximize her expected profit?

  Control limits using individual chart

Construct appropriate control charts for before and after introduction of the new pathway. Discuss process stability and the results.

  Determining weighted mean grade

Determine her weighted mean grade? What letter grade did she earn? (A, B, C, D or F).

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