Question

In: Statistics and Probability

Spin a wheel for $2. You will win $1 twenty-five percent of the time. You will win $3...

Spin a wheel for $2. You will win $1 twenty-five percent of the time. You will win $3 forty-five percent of the time. You will win $5 the rest of the time. Find the expected value.

Find P(A/B) … the probablility of A given B … using the two way table.

A X. Z

B 10 20 30

R 40 50 60

2b. Are A and B independent? Why?

Are A and B mutually exclusive? Why?

You know that 60% of your chips are orange. In bag A, the percentage of orange chips is 57% while in bag B, the percentage is 64%. Let R = The chip is orange. Let A = you got the chip from bag A. Let B = you got the chip from bag B.

Find P ( R/B )

P( A ) = .3. P( B ) - .2. P( A/B ) = .5. Find P ( A or B ).

Find P ( X > 3 ) given the distribution for X.

X P( x )

.4
.3
.2
.1

Expert Solution

orchestra answered 1 year ago

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