Tree diagram from written description

Assignment Help Basic Statistics
Reference no: EM13100180

A study showed that 60% of The Wall Street Journal subcribers watch CNBC every day. Of these, 70% watch it outside the home. Only 20% of those who don't watch CNBC every day watch it outside the home. Let D be the event "watches CNBC daily" and O be the event "watches CNBC outside the home."

a) Sketch a tree based on this data.

b) Calculate the probability of all joint probabilities

c) Verify that the joint probabilities sum to 1

Reference no: EM13100180

Questions Cloud

Determining the capacity for station : Flex Electronics Gadget, Inc. produces 4 types of PCB (printed circuit boards), each of which requires different combination of treatment. There are 7 treatment station.
Median sales price of new homes : The U.S.Census Bureau announced that the median sales price of new homes sold i April 2009 was $221,660, and the mean sales price waas $274,300. Assume that the standard deviation of the prices is $90,000.
What are the differences between 70s and 80s ribosomes : What are the differences between 70s and 80s ribosomes.
Estimating the current maximum output : Susan's Sub Shop makes customer submarine sandwiches to order. There are 4 workers. What is the current maximum output of Susan's Sub Shop in number of units per hour?
Tree diagram from written description : A study showed that 60% of The Wall Street Journal subcribers watch CNBC every day. Of these, 70% watch it outside the home. Only 20% of those who don't watch CNBC every day watch it outside the home.
Experiment to test the potency of a drug : An experiment is designed to test the potency of a drug on 20 rats. Previous animal studies have shown that 10-mg dose of the drug is lethal 5% of the time within the first 4 hours; of the animals alive at 4 hours, 10% will die in the next 4 hours..
What effect did the acid have on the enzyme : Design an experiment in which you will test the effect of an acidic fluid on enzymatic activity. (Recall: enzymes are proteins.) To complete this project.
Car rental insurance-risk analysis : Suppose that a car rental agency offers insurance for a week that will cost $10 per day. A minor fender bender will cost $1,200 while a major accident might cost 10,000.
Customer relationship management : STUPID Inc. is an acronym for Strategic Topical Use of Pancron for Individual Dosage Incorporated. The company makes the drug Pancron for individual use in treating Urinary Dysfunction Disease - in direct opposition to FDA recommendations.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Chebychev theorem and empirical rule

If we are dealing with non-normal data we use Chebychev's Theorem. While not as precise, it does provide some level of utility. If we use Chebychev

  Describing optimal solution and objective function

Solve problem graphically1. Describe optimal solution and objective function value in context of the problem.

  Estimating population proportion-sample size

Determine the sample size needed in order to be 99% confident that the sample proportion of the current customer accounts is within .03 of the true proportion of all current accounts for this company.

  Define illusionary correlations

What is meant by illusionary correlations? Why is it so difficult for individuals to disprove their beliefs in correlations that are actually false?

  Distribution of sentence lengths

In a distribution of sentence lengths in months like the following: 6, 12, 10, 18, 24, 360; which statistic would a researcher not want to report?

  Find confidence interval for the population mean

The American Sugar Producers Association wants to estimate the mean yearly sugar consumption. A sample of 16 people reveals the mean yearly consumption to be 60 pounds with a standard deviation of 20 pounds.

  Point estimate for the difference between mean

A point estimate for the difference between the mean purchases of the users of the two credit cards is:

  Regression equation-value of y-intercept

In regression equation, the value of y-intercept indicates the value of Y when the value of X is zero.

  Difference in proportion of viewers using chi square test

Test whether there is difference in the proportion of viewers using Chi square test.

  Forecasting of operations management

A manager receives a forecast for next year. Demand is projected to be 600 units for the first half of the year and 900 units for the second half.

  How is regression analysis used in forecasting

How is regression analysis used in forecasting? Provide examples. How may it be used to formulate strategies?

  Inverse probability on normal-distribution

Where should the warranty limits be set so that only 10% of the TVs need repairs at the manufacturer's expense?

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