please explain the multiplication rule as it applies to the Rules of Probability in at least 400 words
In: Advanced Math
Let X be distributed as a geometric with a probability of success of 0.10. Find the probability it takes 10 or more trials to get the first success.
In: Statistics and Probability
In a normal disruption, what is the probability that a data value will fall above the data value associated with a z-score of 0.15?
In: Statistics and Probability
If the interference value is 1, then what is the probability of recombination between genes A and B if there is a recombination between genes B and C, where the gene order is A-B-C, the recombination fraction between A and B is 0.05, and recombination fraction between B and C is 0.15?
A. 0
B. 0.20
C. 1
D. 0.15
E. 0.05
In: Biology
Suppose that the probability that a passenger will miss a flight is 0.0928. Airlines do not like flights with empty seats, but it is also not desirable to have overbooked flights because passengers must be "bumped" from the flight. Suppose that an airplane has a seating capacity of 54 passengers. (a) If 56 tickets are sold, what is the probability that 55 or 56 passengers show up for the flight resulting in an overbooked flight? (b) Suppose that 60 tickets are sold. What is the probability that a passenger will have to be "bumped"? (c) For a plane with seating capacity of 59 passengers, how many tickets may be sold to keep the probability of a passenger being "bumped" below 5%?
In: Statistics and Probability
In: Statistics and Probability
Derive conditional expectation from joint probability density function.
In: Statistics and Probability
a) A pair of fair dice is thrown. What is the probability of rolling a value between 8 and 11, inclusive? (Write your answer as a decimal rounded to 3 decimal places.)
b) What is the probability of drawing a black face card when a single card is randomly drawn from a standard deck of 52 cards? (Write your answer as a decimal rounded to 3 decimal places.)
In: Statistics and Probability
Suppose that there are two identical and independent projects, each with a probability of 0.03 of a loss of $8m and a probability of 0.97 of a loss of $2m. Calculate the 96% VaR and expected shortfall for each project considered separately and the two projects combined. Comment on the quality of subadditivity for VaR and expected shortfall based on your results
In: Finance
to find a probability of values in a tail of the normal distribution using a standard normal table
In: Statistics and Probability