User Account

All Pages

What is wrong with the probability assignments

Assignment Help Business Economics
Reference no: EM132151570

Greg made up another question for a small quiz. He assigns the probabilities P(A)= 0.6, P(B)= 0.7, P(A | B) = 0.1 and asks for the probability P(A or B). What is wrong with the probability assignments?

Reference no: EM132151570

Questions Cloud

How can a customer protect against that single point of fail : How can a customer protect against that single point of failure? Provide an analysis on whether this presents a good cost-benefit trade-off.
Reject the null hypothesis and conclude that there : If the analyst wants to control for the probability of a Type 1 Error to be no more than 0.05 (a=0.05), then the analyst would
The difference between the use of intranets vs extranets : Tell us about the coverage differences among PAN, LAN, WAN, and MAN networks.
What is business process reengineering : As technology and information systems become more sophisticated, organizations sought to reengineer their Business processes to become more efficient.
What is wrong with the probability assignments : He assigns the probabilities P(A)= 0.6, P(B)= 0.7, P(A | B) = 0.1 and asks for the probability P(A or B). What is wrong with the probability assignments?
The tcp receiver opens the connection with an isn : The TCP sender opens a connection using the initial sequence number (ISN) of 14137. The TCP receiver opens the connection with an ISN of 18332.
How many ways are there for her to distribute the points : How many ways are there for her to distribute the points if a particulat student, Amanda, gets no more than 10 points?
Define the concept of a schema : Define the concept of a schema, and specify how your specific DBMS implemented the schema.
Implementing a wireless infrastructure for the orlando : You have been tasked with implementing a wireless infrastructure for the Orlando Universal theme park.

Reviews

Write a Review

Business Economics Questions & Answers

  Give an example of a government created monopoly is

give an example of a government created monopoly. is creating this monopoly necessarily bad public policy?explain two

  Marginal revenue exceeds marginal cost

If the firm is producing at a quantity of output where marginal revenue exceeds marginal cost, then,

  Important security considerations

From the second e-Activity, discuss what you believe to be the two (2) most important security considerations related to cloud deployments, and explain the main reasons why you believe such considerations to be the most important.

  Effects on the interest rate of change in money supply

Money Demand. Understand the Baumol-Tobin model Be able to use the Baumol-Tobin model to analyze the effects of changes in the interest rate, the price level, and real income on money demand and to analyze the effects on the interest rate of a change..

  Use the traditional method for surgical operations

You are the manager of the surgery department at a hospital which serves mostly Medicare patients. The hospital performs 1,000 surgical operations per year using the traditional method. Compute the total revenue, the total cost, and the profit at the..

  Suppose a market is in equilibrium

Suppose a market is in equilibrium. Then a change occurs and the equilibrium price decreases while the equilibrium quantity increases. What change occurred in the market to cause these changes to price and quantity?

  The constant elasticity of substitution function

The Constant Elasticity of Substitution function. Determine the returns to scale of this production function. Find σ, the elasticity of substitution. Express K/L as a function of w/r. How does the relationship between K/L and w/r change when  ρ chang..

  Economy annual money velocity in circulation

Assume an economy's annual money velocity in circulation is 10. Please answer the following two questions:

  Using the economics of the firm

Republican presidential candidate Donald Trump is a multi-billionaire who claims that, if elected, he would run the country like a business firm. Using the economics of the firm, explain why this may not be so.

  Space of all possible valid outcomes

Write down the outcome space, i.e., the space of all possible valid outcomes in this lottery.

  Effective interest rate are these terms equivalent

At what effective interest rate are these terms equivalent?

  The delphi method used for forecasting

The Delphi method used for forecasting:

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