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1. Draw a Venn diagram. Draw a Venn diagram that shows the relation between the events A and Bin Exercise 4.106. Indicate each of the following events on your diagram and use the information in Exercise 4.106 to calculate the probability of each event. Finally, describe in words what each event is.
(a) {A and B}
(b) {Ac and B}
(c) {A and Bc}
(d) {Ac and Bc}
2. Sales of cars and light trucks. Motor vehicles sold to individuals are classi?ed as either cars or light trucks (including SUVs) and as either domestic or imported. In a recent year, 69% of vehicles sold were light trucks, 78% were domestic, and 55% were domestic light trucks. Let A be the event that a vehicle is a car and B the event that it is imported.
Write each of the following events in set notation and give its probability.
(a) The vehicle is a light truck.
(b) The vehicle is an imported car.
Assume that demand for services per period is Pt = 1000 - Qt where Qt is the stock of the durable consumed. Let the discount factor for consumers and the firm be given by δ. Find the profit-maximizing prices and outputs for a durable goods monopol..
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a simple random sample of 5 months of sales data provided the following information month 1 2 3 4 5 units sold 94 100
For the samples summarized below, test the hypothesis at =0.05 that the two variancees are equal.
The Statistical Abstract of the United States published by the US Census Bureau reports that the average annual consumption of fresh fruit per person is 99.9 pounds.
Content of 100 randomly chosen cigarettes was 3.1 mg. What is the probability that the sample mean would have been as high as or higher than 3.1 mg if the company's claims were true?
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you are required to provide a portfolio of 3000 words comprising two equal elements as followspart onethis will
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good friends and astrological sign a recent general social survey asked subjects how many good friends they have. is
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