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Suppose event A and event B are mutually exclusive with the P(A)=12 and P(B)=1/3.Which of the following statements best describes these two events?
1) A and B are independent
2) A and B are complementary
3) A and B are dependent
4) B is a subset of A
5) A is a subset of B
Find out the Expected value of the perfect information for the given problem. Given the subsiquent cost tree, illustrate what is the expected outcome.
You're considering paying $5 to buy a ticket in a local lottery. You were told that 10,000 tickets will be sold. There are 5 prizes. The first prize is $5,000, the second is $1,000, the third is $500, the fourth is $100 and the last prize is $10.
If a six appears for the third time, the turn of the player ends without moving the token. Determine the sample space of one such throw and determine the probability for each event.
Determination of Nominal, Ordinal, Interval, Ratio.Temperature is an example of what level of measurement.
A sample of 81 business managers on the West Coast had an average breakfast cost of $7.65. 13. At a = 0.05, what is the test value?
Determine the following:Mean, Median and Variance.
Interpret this data using regression and interpret all the findings, R 2 , F, IV coefficient, and the intercept.
At the end of 24 weeks of treatment, subjects were classified as responders or non-responders to treatment based on a battery of psychological tests.
Draw a scatter diagram of the following bivariate data.
Build a scatter plot, Find the value of the linear correlation coefficient r, and find the critical value of r using α=0.05. Determine whether there is sufficient evidence to support a claim of a linear correlation between the two variables.
The level of satisfaction in a consumer survey would represent what level of measurement?
Select a random variable to represent the category. Produce a probability mass function for that variable, and use it to compute the mean, the median and the variance of the data in the data set. Show the probability mass function, both in tabular..
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