Question

In: Statistics and Probability

Assume we have a small jar full of 140 perfectly shaped jelly beans. Fifty of the...

  1. Assume we have a small jar full of 140 perfectly shaped jelly beans. Fifty of the jelly beans are red, 45 of the jelly beans are green, and 35 of the jelly beans are purple and 20 are black. If you randomly select one jelly bean, then …

  1. What is the probability the jelly bean is red?
  2. What is the probability the jelly bean is black?
  3. What is the probability the jelly bean is green?
  4. What is the probability the jelly bean is purple?
  5. What is the probability you do not select a red jelly bean?
  6. What is the probability the jelly bean is red or green?
  7. What is the probability you do not select a red or green jelly bean?
  8. Assume you pick a red jelly bean. Rather than put the jelly bean back in the jar, you eat it! You then randomly select another jelly bean from the jar.
  1. What’s the probability that the jelly bean you select this time is red?
  2. What’s the probability that the jelly bean you select this time is green?

  1. What’s the probability that this jelly bean is not green?

Solutions

Expert Solution

Fifty of the jelly beans are red, 45 of the jelly beans are green, and 35 of the jelly beans are purple and 20 are black.

a. What is the probability the jelly bean is red?

P[ red jelly bean ] = number of red jelly beans / total number of jelly beans

P[ red jelly bean ] = 50/140

P[ red jelly bean ] = 5/14

b. What is the probability the jelly bean is black?

P[ black jelly bean ] = number of black jelly beans / total number of jelly beans

P[ black jelly bean ] = 20/140

P[ black jelly bean ] = 1/7

c.What is the probability the jelly bean is green?

P[ green jelly bean ] = number of green jelly beans / total number of jelly beans

P[ green jelly bean ] = 45/140

P[ green jelly bean ] = 9/28

d. What is the probability the jelly bean is purple?

P[ purple jelly bean ] = number of purple jelly beans / total number of jelly beans

P[ purple jelly bean ] = 35/140

P[ purple​​​​​​​​​​​​​​ jelly bean ] = 1/4

e. What is the probability you do not select a red jelly bean?

P[ not red jelly bean ] = 1 - P[ red jelly bean ]

P[ not red jelly bean ] = 1 - 5/14

P[ not red jelly bean ] = 9/14

f. What is the probability the jelly bean is red or green?

P[ jelly bean is red or green ] = P[ red jelly bean ] + P[ green jelly bean ]

P[ jelly bean is red or green ] = 5/14 + 9/28

P[ jelly bean is red or green ] = 19/28

g. What is the probability you do not select a red or green jelly bean?

P[ not select a red or green jelly bean ] = 1 - P[ jelly bean is red or green ]

P[ not select a red or green jelly bean ] = 1 - 19/28

P[ not select a red or green jelly bean ] = 9/28

h. Assume you pick a red jelly bean. Rather than put the jelly bean back in the jar, you eat it! You then randomly select another jelly bean from the jar.

49 of the jelly beans are red, 45 of the jelly beans are green, and 35 of the jelly beans are purple and 20 are black.

Total = 139

i) What’s the probability that the jelly bean you select this time is red?

P[ red jelly bean ] = number of red jelly beans / total number of jelly beans

P[ red jelly bean ] = 49/139

ii) What’s the probability that the jelly bean you select this time is green?

P[ green jelly bean ] = number of green jelly beans / total number of jelly beans

P[ green jelly bean ] = 45/139

iii) What’s the probability that this jelly bean is not green?

P[ jelly bean is not green ] = 1 - P[ green jelly bean ]

P[ jelly bean is not green ] = 1 - 45/139

P[ jelly bean is not green ] = 94/139


Related Solutions

Suppose that a jar contains 8 green jelly beans and 10 blue jelly beans. Answer the...
Suppose that a jar contains 8 green jelly beans and 10 blue jelly beans. Answer the following questions. Round your answers to four decimal places. (a) How many ways can you randomly pick out four beans from the jar? (b) What is the probability that you randomly pick out four beans and exactly two of them are green jelly beans? (c) What is the probability that you pick up a green jelly bean (without putting it back into the jar),...
As we ride the glucose molecule into the small intestine we see a curious rod shaped...
As we ride the glucose molecule into the small intestine we see a curious rod shaped organism. Upon further inspection we notice that it has an outer membrane with lipopolysaccharide. We barely have time to contemplate what this means before we feel the pull of transport. We ride past the cell wall (outer membrane and peptidoglycan) and are pulled through a transporter and into the cytoplasmic membrane of the cell. We ride through the transporter’s hydrophilic center, down the concentration...
Imagine a small open economy with perfectly flexible wages and prices(i.e. classical economy always at full...
Imagine a small open economy with perfectly flexible wages and prices(i.e. classical economy always at full employment) and perfect capital mobility. Say government expenditure, private consumption and taxes are constant but investment demand fluctuates wildy. Do Investment and the real exchange rate co-vary positively or (when one high the other is also high) negatively (one high the other is low)? explain in detail
Question 1. We assume that a firm is in a perfectly competitive industry. The relations between...
Question 1. We assume that a firm is in a perfectly competitive industry. The relations between the firm’s total cost (T C), marginal cost (MC) and quantity produced (Q) are given by: T C=$1,000,000+$20Q+$0.0001Q2 MC= ∂T C ∂Q =$20+$0.0002Q Total cost includes a normal profit. (1). What are the levels of optimal output and profit if price is equal to $60 each? (5 points) (2). If the total fixed cost is $1,000,000, check that the firm’s marginal cost is greater...
The world in which we live today would have been considered “Science Fiction” just fifty to...
The world in which we live today would have been considered “Science Fiction” just fifty to sixty years ago. Write an expository essay* discussing the difficulties a TIME TRAVELER from 1950 might have adapting to the world as we know it today. Discuss how our lives differ from the traveler’s world. Choose a few modern technologies that our traveler would not understand, as well as technology from his/her time that has not changed all that much. In your paper, discuss...
Assume that in a small open economy with full employment, consumption depends only on disposable income.
The Open Economy ModelAssume that in a small open economy with full employment, consumption depends only on disposable income. National saving is 300, investment is given by I = 400 – 20r, where r is the real interest rate in percent, and the world interest rate is 10 percent.If government spending rises by 100, does investment change? What is the level of investment after the change?Does the trade balance change if G rises by 100? If it changes, does it...
28. SAT Scores the average national SAT score is 1019. If we assume a bell-shaped distribution...
28. SAT Scores the average national SAT score is 1019. If we assume a bell-shaped distribution and a standard deviation equal to 110, what percentage of scores will you expect to fall above 1129? Above 799? Source: New York Times Almanac. 28th Question Solution: 16%; 97.5% For above 1129: 16% For above 799: 97.5% Why? please someone send me from where 16% and 97.5% came from?
Assume that the height of male adults in some country have a normal (bell shaped) distribution...
Assume that the height of male adults in some country have a normal (bell shaped) distribution with mean 70 inches and SD 2 inches. The 3rd quartile of the height is _____________ . In part 1, the percentage of male adults with heights between 67 and 71 inches is____________. If the p-value for testing the claim that the average life time of the light bulbs produced by some factory is more than 1000 hours was 0.0043. This means ______________________________. An...
Assume that in a small open economy where full employment always prevails, national saving is 250....
Assume that in a small open economy where full employment always prevails, national saving is 250. a. If domestic investment is given by I = 650 – 22 r, where r is the real interest rate, what would the equilibrium "r" be if the economy were closed?    b. If the economy is open and the world interest rate is 11 percent, what will investment be?    c. Using your answer from part b., what is the current account surplus/deficit ?...
In a sample, we have n=140 and p=0.80. Using the normal distribution to find 99% confidence...
In a sample, we have n=140 and p=0.80. Using the normal distribution to find 99% confidence interval for the population proportion p. Round all answers to 3 decimal places. What is the standard error? What is the margin of error? Construct a 99% confidence interval for the population proportion p.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT