Mainframe computer or anticipates purchasing

Assignment Help Basic Statistics
Reference no: EM132039992

A survey of engineering firms reveals that 80% have their own mainframe computer (M); 10% anticipate purchasing a mainframe computer in the near future (B); and 5% have a mainframe computer and anticipate buying another in the near future. Find the probability that a randomly selected firm:

(a) has a mainframe computer or anticipates purchasing one in the near future

(b) does not have a mainframe computer and does not anticipate purchasing one in the near future

(c) anticipates purchasing a mainframe computer given that it does not currently have one

(d) has a mainframe computer given that it anticipates purchasing one in the near future Are the events M and B independent? Explain.

Reference no: EM132039992

Questions Cloud

What is the probability that an individual has this disease : What is the probability that an individual has this disease given that the test indicates its presence?
Find the probability that a message is authentic given : Find the probability that a message is authentic given that the correct key is used.
Annual rate of return throughout investment horizon : Find the bond selling price and annual rate of return throughout the investment horizon.
Explain the phase of analysis hand-coding : It is not uncommon for qualitative researchers to spend the first phase of analysis hand-coding, text coding, or spreadsheet coding before turning.
Mainframe computer or anticipates purchasing : A survey of engineering firms reveals that 80% have their own mainframe computer (M); 10% anticipate purchasing a mainframe computer in the near future
Demonstrate mastery of operations management concepts : The purpose of this assignment is for students to demonstrate mastery of operations management concepts and tools.
What is the yield curve specifically designed to represent : What is a normal yield curve? What is an inverted yield curve? What is the yield curve specifically designed to represent?
What is the probability that a given number : In a simulation program, three random two-digit numbers will be generated independently of one another. These numbers assume the values 00,01,02
Find the probability that the overload occurred : Find the probability that the overload occurred at substation A alone; substation B alone; substation C alone; two or more substations simultaneously.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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