Identify the type of probability for independent event

Assignment Help Basic Statistics
Reference no: EM13122216

Identify at least one example of probability encountered in everyday life which has not previously been mentioned. Explain how probability is used in that situation. Identify the type of probability your example best fits by explaining whether it is an independent event or dependent upon something else.

Reference no: EM13122216

Questions Cloud

Price-demand-revenue function : What is the marginal revenue equation? Find the output to the nearest thousand cameras that will produce the maximum revenue. What is the maximum revenue?
Federal income tax : In 2010, Richard, a single taxpayer, has adjusted gross income of 40,450. His AGI includes $4000 of qualified dividends. Richard has no dependents and does not itemize deductions. What is his 2010 federal income tax?
Find out kingbird charitable contribution deduction : Kingbird Corporation made a contribution to a qualified charitable organization of $6,300 in cash (not comprised in any of the above items). Determine Kingbird's charitable contribution deduction for the current year.
Causes of obesity in the 21st century : Write an outline for an essay about Causes of Obesity in the 21st Century ?
Identify the type of probability for independent event : Explain how probability is used in that situation. Identify the type of probability your example best fits by explaining whether it is an independent event or dependent upon something else.
What do you predict the real exchange rate : What do you predict the real exchange rate will be one year from now and what do you predict the yen per dollar nominal exchange rate will be in one year?
List out five to ten specific things that project managers : List out five to ten specific things that project managers can do to help manage stakeholders. Provide some examples of successful and unsuccessful relationships with project stakeholders.
Advertiser in the magazine healthy living estimates : Peterson's vitamins, an advertiser in the magazine Healthy Living estimates that 1 Percent of the subscribers will buy vitamins from Petersons.
Approximate internal rate of return : A company has a minimum required rate of return of 8% and is considereing investing in a project that costs $68,337 and is expected to generate cash inflows of $27,000 each year for three years. The approximate internal rate of return on this proj..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determine probability that first three units produced-defect

Batch has just been completed. Determine probability that first three units manufactured in this batch will contain at least total of 4 defects?

  To recognize the width of the confidence interval

To recognize the width of the confidence interval.As the confidence level \"1 - α\" increases, the width of the confidence interval.

  Poisson distribution formula

During normal business hours on the east coast, calls to the toll-free reservation number of the Nite Time Inn that the numb roy calls per minute can be described by the Poisson distribution.

  Problems of hypothesis testing

A sample of n=9 scores is obtained from a normal population distribution with o-=12. The sample mean is M=60.

  Bi-variate relationships

How is this relationship different from the bi-variate relationships?

  Number of swimmers per day who require lifeguard

At a national seashore, the number of swimmers per day who require lifeguard assistance averages 4.1, on any day when 7 or more swimmers are assisted, the lifeguards receive a $20 bonus for extra effort.

  Distribution with approximately normal mean

Roger has read a report that the weights of adult mail Siberian tigers have a distribution which is approximately normal with mean μ = 390 lb and σ = 65 lb

  Which outcomes likely in a bivariate regression

His estimated regression equation was Crime = 428 + .050 Income. Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with

  Finding p-value associated with test of hypothesis

Find out the p-value associated with test of hypothesis you conducted?

  Randomly selected sufferers from migraine headache

The probability that a person suffering from a migraine headache will obtain relief from a particular drug is 0.9. Three randomly selected sufferers from migraine headache are given the drug. Find the probability that the number obtaining relief w..

  What values does population distribution describe

What is the population? What values does the population distribution describe? What is this distribution? What values does the sampling distribution of x describe? What is the sampling distribution?

  Vote for the democratic incumbent

Using the 0.99 confidence coefficient, what are the confidence limits for the proportion that plan to vote for the Democratic incumbent.

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