What is the probability that a or b occurs

Assignment Help Business Economics
Reference no: EM132130799

Suppose P(A)=0.2

P(A)=0.2 and P(B)=0.4

  1. P(B)=0.4.If A and B are disjoint, what is the probability that A or B occurs?P(A∪B)=
  2. If A and B are independent, what is the probability that A or B occurs?P(A∪B)=

Reference no: EM132130799

Questions Cloud

Describe the components of risk management plan : Explain the relationship between risk and loss. Describe risk management and assess its level of importance in information security.
What you think industrial companies should do to mitigate : During a disaster certain assets must be protected, and for industrial companies, this is not only for the company but also for the surrounding community.
Mean values required to reject the null hypothesis : Use the critical value method to find the critical difference in the mean values required to reject the null hypothesis.
What are the observational units in study : What are the observational units in this study? What is the variable that is recorded? Describe the parameter of interest in words
What is the probability that a or b occurs : P(B)=0.4.If A and B are disjoint, what is the probability that A or B occurs?P(A?B)=
Discuss the current it cybersecurity policy : Create a minimum of 12 presentation slides to summarize the policy review conducted and your recommendations for the next steps the merged company.
Describe how technical goals can be coupled : Describe how technical goals can be coupled with information assurance and security considerations in a network design project.
Plan for an integrated marketing communications : You are the Marketing Development Team of a global organisation. Your team is to plan for an integrated marketing communications launch of a new product
Analyze what you believe to be the three most important : Explain how these factors change when considering wireless technologies from a personal perspective.

Reviews

Write a Review

Business Economics Questions & Answers

  Draw a spider plot for the level of demand

Draw a spider plot for the level of demand in year 5 (halfway through the 10-year horizon) when L = 1000 ± 20%, year 1's demand ranges from

  Find the cournot equilibrium firm outputs

Output is homogenous and the demand curve is P = 448 − Q. There are two firms with identical costs given by C = q2 i where qi is the production of firm i. (a) Find the Cournot equilibrium firm outputs. (b) Find the Stackelberg equilibrium firm output..

  Component of an attitude contains the feelings

The _____ component of an attitude contains the feelings or emotions one has about a given object or situation.

  Several units of a homogeneous product as a single package

A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 – .5P, and the marginal cost of production is $100. a. Determine the optimal number of units to put i..

  Islamic revolution resemble other waves of revolution

How does "Islamic revolution" resemble other waves of revolution (Communist peasant rebellions in the 20th century, national revolutions in Europe in the 19th century, democratic revolutions in the 18th and 19th century)? How does it not? What accoun..

  What is ordinary least squares

1. What is Ordinary Least Squares? What is Maximum Likelihood Estimation?

  What is the confidence interval estimate of the population

What is the 95% confidence interval estimate of the population mean flying time for the pilots? The mean number of hours of flying time for pilots at United Airlines is 36 hours per month.

  Several units of homogeneous product as single package

A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 110 - 0.25P, and the marginal cost of production is $160. Determine the optimal number of units to put i..

  Illustrate what is an opportunity cost

Illustrate what is an opportunity cost. Elucidate how does the idea relate to the definition of economics.

  Impact of free trade on domestic job creation policy

International trade has pros and cons. Economists generally support free trade. International trade has played a significant part in promoting economic development and technology transfer among countries.

  Why might college students price elasticity for vacation

Why might college students’ price elasticity for vacation rentals on HHI be 3.0 while active seniors’ price elasticity be 1.0?

  Q the tax reform act of 1986 contains a clause

q. the tax reform act of 1986 contains a clause appropriating tax dollars for any taxpayer incorporated on september 7

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