User Account

All Pages

Probability anne spends at least twice as much as margaret

Assignment Help Basic Statistics
Reference no: EM131674128

Question: Margaret considers five purchases in the amounts 5, 17, 21, 8, 15 dollars with respective probabilities 0.37, 0.22, 0.38, 0.81, 0.63. Anne contemplates six purchases in the amounts 8, 15, 12, 18, 15, 12 dollars. with respective probabilities 0.77, 0.52, 0.23, 0.41, 0.83, 0.58. Assume that all eleven possible purchases form an independent class.

a. What is the probability Anne spends at least twice as much as Margaret?

b. What is the probability Anne spends at least $30 more than Margaret?

Reference no: EM131674128

Questions Cloud

Write a paper about the ethical issues and practices : Write a paper detailing ethical issues and practices for the following topics in adult education and training:Current trends in ethical issues facing trainers.
Probability that margaret gain is more than glenn : If Glenn realizes a profit of $18.00 on each sale and Margaret earns $20.00 on each sale, what is the probability Margaret's gain is at least $10.00.
Why would an informed physician have any opposition : Why would an informed physician have any opposition to computerizing hospital-level care? Put yourself in the position of a health information manager.
Why must firms adopt the identified roles : What has led to the more comprehensive strategic view about total quality management? Why did some quality initiatives fail?
Probability anne spends at least twice as much as margaret : Margaret considers five purchases in the amounts 5, 17, 21, 8, 15 dollars with respective probabilities 0.37, 0.22, 0.38, 0.81, 0.63.
Compare probabilities in the two schemes : In the first, he makes three independent calls. Payoffs are $310, $380, and $350, with respective probabilities of 0.35, 0.41, and 0.57.
How might the school you attend impact your life outcomes : How might the school you attend impact your life outcomes? What were the challenges for students in the Normandy district?
What is the relationship of a vision to a mission statement : What are some examples of how a leader can communicate a vision so that others will share it? What is the relationship of a vision to a mission statement?
Examine the organizational behavior : Examine the differences among organizational behavior, organization theory, organizational development, and human resources management.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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