Question

In: Statistics and Probability

Question 3 (a) Discuss probability, independence and mutual exclusivity, giving examples to illustrate your answer. (6)...

Question 3

(a) Discuss probability, independence and mutual exclusivity, giving examples to illustrate your answer. (6)
(b) i. How many ways are there of choosing a committee of three people from a club of ten? (2)
ii. How many ways are there of selecting from those three people a president, secretary and treasurer? (2)
iii. Illustrate your answer to the second part of the question with a tree diagram. (2)

Question 4
An ice-cream vendor on the beachfront knows from long experience that the average rate of ice-cream sales is 12 per hour. If, with two hours to go at work, she finds herself with only five ice-creams in stock, what are the probabilities that
(a) she runs out before the end of the day; (4)
(b) she sells exactly what she has in stock by the end of the day without any excess demand after she sells the last one; and (3)
(c) she doesn't sell any?

Solutions

Expert Solution

Dear student, please post question one at a time.

a)  Probability is the measure of the likelihood that an event will occur. It is expressed as a number between 1 and 0. An event with a probability of 1 can be considered a certainty.

When two events are said to be independent of each other, what this means is that the probability that one event occurs in no way affects the probability of the other event occurring. An example of two independent events is as follows; say you rolled a die and flipped a coin.

Two events are mutually exclusive or disjoint if they cannot both occur at the same time. A clear example is the set of outcomes of a single coin toss, which can result in either heads or tails, but not both.

b) i) Total number of ways of choosing a committee of three people from a club of 10 to choose three people from 10 is

ii) Total number of ways `there are of selecting from those three people a president, secretary, and treasurer is

iii)

c)


Related Solutions

Giving examples, discuss how dentition varies between orders of mammals. Include in your answer a description...
Giving examples, discuss how dentition varies between orders of mammals. Include in your answer a description of how teeth have become specialised to cope with insectivorous, carnivorous and herbivorous diets (400 words no plagiarism)
Question 3 (10 marks) For your answer to Question 3, consider two examples of decisions that...
Question 3 For your answer to Question 3, consider two examples of decisions that you have made in the past month. You may use examples from different settings such as from your academic studies, from work, from your personal life. Choose examples that allow you to apply both basic/individual and team decision making concepts covered in our course materials. Are there methods of decision making that you find are more common during the current period when our lives are affected...
What is ‘corporate governance’? Provide examples to illustrate your answer.
What is ‘corporate governance’? Provide examples to illustrate your answer.
Discuss the challenges while reviewing customer profitability using the whale Curve. Illustrate your answer with examples...
Discuss the challenges while reviewing customer profitability using the whale Curve. Illustrate your answer with examples
Using examples from published news sources to illustrate your answer, discuss the organisational design challenges in...
Using examples from published news sources to illustrate your answer, discuss the organisational design challenges in keeping employees connected in virtual organisation settings. 200 words minimum 250 max
Compare and contrast generalized, balanced, and negative reciprocity. 2. Illustrate your answer with examples. (Anthropology question)
Compare and contrast generalized, balanced, and negative reciprocity. 2. Illustrate your answer with examples. (Anthropology question)
3. Short answer and definitions: Illustrate with examples and answer any 15 of the following: confounding...
3. Short answer and definitions: Illustrate with examples and answer any 15 of the following: confounding sampling error statistical inference research hypothesis research study status variable central limit theorem confidence interval point estimate standard error of the mean t distribution ? (alpha) ? (beta) directional hypothesis non-directional hypothesis null hypothesis (H0) statistical hypothesis statistically significant two tailed test standard error of the difference test statistic between two means two sample t- test z test chi- square test X2 test of...
Discuss the levels of risk maturity giving examples
Discuss the levels of risk maturity giving examples
This is a 3 part question but one question (A) Discuss the probability of landing on...
This is a 3 part question but one question (A) Discuss the probability of landing on heads if you flipped a coin 10 times? (B) What is the probability the coin will land on heads on each of the 10 coin flips (C) Apply this same binomial experiment to a different real-world situation. Describe a situation involving probability.
Giving appropriate examples, discuss the key capital markets.
Giving appropriate examples, discuss the key capital markets.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT