Tell whether or not each of the following statements assumes independence among events. a. There is...

Tell whether or not each of the following statements assumes independence among events.

a. There is no such thing as a hot hand. Regardless of which basketball player scored the last goal, it is likely to score the next.
b. When there was one student who scored above average, it was found that there was a higher probability that there were students in the same class who scored above average.
c. We have many mortgage-backed securities and the probability that one securities will default is very safe because the other securities do not rely on the probability of default occurring.

Expert Solution

Rahul Sunny answered 9 months ago

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