What is the probability that a person total charges are $100

Assignment Help Basic Statistics
Reference no: EM13953555

1. Use the table to find the probabilities that a person's total charges during the period are the following:

What is the probability that a person total charges are $1000 or more?___________ (type an integer or decimal group or 2 decimal places as needed)

Chart shows probability of a person accumulating specific amounts of credit card charges over a 12 month period.
Charges Probability
Under $100 .35
100-499 .18
500-999 .11
1000-1999 .13
2000-2999 .06
3000-4999 .05
5000-9999 .11
10,000 or more .01

What is the probability that a person's total charges are less than 1,000.

20. A survey of 100 people about their music experience gave the following information:
34 brought blues music
22 were seniors who brought blues music
31 were seniors
Find the following probability.
The probability that a person is a senior who brought non blues music is ______________
The probability that a person buys blues music or is a senior is________________

2. Suppose a single die is rolled. Find the probability that it is an odd number, given that it is a 1.
The probability is ____________________

192 colleges with endowment levels above $300M
Value Positive Increase Decrease bet 0and 5% Decrease more than 5% Total
300-499 17 25 15 57
500-999 23 26 10 59
1-1.999B 24 16 6 46
2B or more 20 5 5 30
Total 84 72 36 192

Among the 192 colleges and universities, find the probability that the endowment had more than a 5% reduction or had a value of $300 to $499M

3. If two cards are drawn without replacement from an ordinary deck, find the probability of a jack of diamonds and a 6 if any suit is being drawn.

The probability of a jack of diamonds and a 6 of any suit being drawn is __________

4. Determine whether the events E and F are independent or dependent.

(a) E: A Person attaining a position as a professor
F: The same person attaining a position as a professor.

a. E and F are independent becsue attaining a PhD as a professor has no effect on probability of a person attaining a PhD.

b. E and F are dependent because attaining a position as a professor has no effect on the probability of a person attaining a PhD.

c. E and F are independent because attaining a PhD has no effect on the probability of a person attaining a position as a professor.
D. E and F are dependent because attaining a PhD can affect the probability of a person attaining a position as a professor.
E: A randomly selected person planting tulip bulbs in October
F: Another randomly selected person planting bulbs in april
A. E cannot affect F because person planting tulip bulbs in Oct could never occur, so the events are neither dependent nor independent.
B. E can affect the probability of F because the people were randomly selected, so the events are dependent
C. E can affect the probability of F, even if the 2 people are randomly selected, so the events are dependent
D. E cannot affect F and vice versa, because the people were randomly selected so the events are independent

5. The motor vehicle department has found that the probability a person passing the test for driver's license is 0.74. The probability an individual who fails on the first test will pass on second try is 0.8. Find the probability that an individual fails both first and second test.
P (fails both first and second test)=_______(type integer or decimal. Round to nearest hundredth.)

6. Probability that the first record of a singing group will be a hit is 0.24. If their first record is a hit, so are all their subsequent records. If their first record is not a hit, the probability of their second and all subsequent ones being hits is 0.12. If the first two records are not hits, the probability that the third is a hit is 0.06. Find probability that a group has exactly two hits in their first three records.
P (exactly two hits in first three records )=______________(simplify your answers. Type an integer or an decimal. Round to 6 places.

Reference no: EM13953555

Questions Cloud

The number of doctors in a hospital : How many circles of Cheerios in a cereal box represents what kind of distribution?
What is the history of ethics in research : What is the history of ethics in research? TimeLine investigation. Examine ethics in research by reading an article in depth to develop a deeper understanding of the issues surrounding ethics in research.
What kind of figure is gilgamesh : FROM The Epic of Gilgamesh - What kind of figure is Gilgamesh? What become of his quest in this epic, and why? What roles do the gods play in the story
What minimum thickness should be deposited on the lens : A narrow vertical single slit (in air) is illuminated by IR from a He-Ne laser at 1152.2 nm, and it is found that the center of the first dard band lies at an angle of 4.2 deg off the central axis. Determine the width of the slit.
What is the probability that a person total charges are $100 : What is the probability that a person total charges are $1000 or more?___________ (type an integer or decimal group or 2 decimal places as needed)
What fraction of the incident unpolarized light emerges : A narrow beam of natural light shines onto a flat sheet of polystyrene (np = 1.59) 1.00 cm thick, and it is found that the reflected beam is linearly polarized. At what angle will the transmitted beam leave the sheet on its bottom side?
How far above central axis first zeros of irradiance : Two vertical narrow slits seperated by 0.20 mm are illuminated perpendicularly by 500-nm. A fringe pattern appears on a screen 2.00 m away. How far (in mm) above and below the central axis are the first zeros of irradiance?
How a corporate entity should communicate with the public : The memo needs to be both an example of proper business communication, and provide recommendations on how a corporate entity should communicate with the public (recommendation).
What is the probability for each of the outcomes : Change this to the average probability of tossing heads by putting the average number of heads in a fraction over the number of coins you used in your tosses.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing probability values using discrete distribution

What is the probability that a particular driver had exactly two speeding violations?

  Calculation of percentile rank

Misery loves company. It is time for the PE (professional engineer's exam). The results of the national test were normally distributed around the mean score of 70.

  At a 05 level of significance does the data from the survey

in 1997 frequent flyer magazine reported that 71 of frequent fliers surveyed complained that they had difficulty

  Importance of null hypothesis and business value

What is the importance of the null hypothesis? Why has it been the backbone of mainstream hypothesis testing for decades? What are its limitations?

  Which of the following methods could lead to stronger

which of the following methods could lead to stronger evidence for the outcome of a nonparametric test?a. ensure that

  At the 001 level of significance test the claim that the

question the expense of moving the storage yard for the consolidated package delivery service cpds is justified only

  A university dean is interested in determining the

a university dean is interested in determining the proportion of students who receive some sort of financial aid.

  Determine the estimated proportion from the sample

On May 23, 2013, Gallup reported that of the 1,005 people surveyed, 76% of U.S. workers believe that they will continue working past retirement age. The confidence level for this study was reported at 95% with a 3% margin of error. a. Determine th..

  An electronics store sells an average of 60 entertainment

an electronics store sells an average of 60 entertainment systems per month at an average of 800 more than the cost

  Stratum weights for proportional allocation

A financial analyst is interested in estimating the average amount of a foreign loan by U.S. banks. Construct the Stratum weights for proportional allocation

  The final score of games of a certain spot were compared

the final score of games of a certain spot were compared against the final point spreads established by oddsmakers. the

  Explain claims that result is not surprising

When the results are collected, two of the students discover that their condence intervals dont even overlap. A student in the course who is also taking Stat 311 claims that this result is not surprising. Do you agree?

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