2) The National association of college and university business officers researched the change in university and college endowments from 2007 to 2008.The table below shows the findings of 203 colleges and universities with 2008 endowment levels above 300 million dollar . It indicates how many schools with an endowment level had their endowment increase in value. How many had their endowment decrease by between 0 and 5% and how many had their endowment decrease by more than 5%. Among these 203 colleges and universities, find the probabilities of the events below (see attachment for data).
A The endowment had a positive increase in value
B The endowment was valued at$2 billion or more and lost more than 5%
C The endowment did not decrease by 5% or more
D The endowment had between a 0 and 5% reduction or had a value of $300-499 mil
E The endowment was less than 2 billion and had a positive increase.
3) The table below shows the results from a subset of the 2007 American Community Survey. Find the probability of the given event (see attachment for data).
A Earning 150,000 or more ,given that a household has 3 or more cars
B Having 0-2 cars ,given that a household earns $0-49,999
C Having 3 or more cars ,given that a household earns between $100,000-149,999
D Earning $50,000 - 99,999, given that the household has 0-2 cars
4) A car dealership has 8 red ,9 silver and 5 black cars on the lot . Ten cars are randomly chosen to be displayed in front of the dealership. Find the probability that
A 4 red and the rest are silver
B 5 are red and 5 are black
C 8 are red
Please see attachment
The National association of college and university business officers researched the change in university and college endowments from 2007 to 2008.The table below shows the findings of 203 colleges and universities with 2008 endowment levels above 300 million dollar . It indicates how many schools with an endowment level had their endowment increase in value. How many had their endowment decrease by between 0 and 5% and how many had their endowment decrease by more than 5%. Among these 203 colleges and universities, find the probabilities of the events below
The permutations self study is examined. The endowment of positive increase in values are determined.
Factorials, combinations and permutations.
Calculating factorials, combinations, permutations.
Evaluate the given expressions and express all results using the usual format for writing
numbers (instead of scientific notation).
Factorial Find the number of different ways that the nine players on a baseball team can
line up for the National Anthem by evaluating 9!.
Card Playing Find the number of different possible five-card poker hands by evaluating
52 C 5.
Scheduling Routes A political strategist must visit state capitols, but she has time to
visit only 3 of them. Find the number of different possible routes by evaluating 50 P3.
Trifecta Refer to Exercise 3. Find the number of different possible trifecta bets in a race
with ten horses by evaluating 10 P3.
In Exercise 22, use the data in the accompanying table, which summarizes
challenges by tennis players (based on data reported in USA Today). The
results are from the first U.S. Open that used the Hawk-Eye electronic system
for displaying an instant replay used to determine whether the ball is in
bounds or out of bounds. In each case, assume that one of the challenges is
Was the challenge to
The call successful?
Men 201 288
Women 126 224
Tennis Instant Replay If M denotes the event of selecting a challenge made by a man,
find p (M).
In Exercise 28, refer to the following table summarizing results from a study
of people who refused to answer survey questions (based on data from "I Hear
You Knocking but You Can't Come In," by Fitzgerald and Fuller, Sociological
Methods and Research, Vol. 11, No. 1). In each case, assume that one of the subjects
is randomly selected.
18-21 22-29 30-39 40-49 50-59 60+
Responded 73 255 245 136 138 202
Refused 11 20 33 16 27 49
Survey Refusals A pharmaceutical company is interested in opinions of the elderly, because
they are either receiving Medicare or will receive it soon. What is the probability that
the selected subject is someone 60 and over who responded?
express the indicated degree of likelihood as a probability
value between 0 and 1.
Weather A WeatherBug forecast for the author's home was stated as: "Chance of rain: 80%."
Births When a baby is born, there is approximately a 50-50 chance that the baby is a girl.
Roulette When playing roulette in the Mirage Casino, you have 18 chances out of 38 of
winning if you bet that the outcome is an odd number.
Identifying Probability Values
a. What is the probability of an event that is certain to occur?
b. What is the probability of an impossible event?
c. A sample space consists of 10 separate events that are equally likely. What is the probability
d. On a true/false test, what is the probability of answering a question correctly if you make a random guess?
e. On multiply-choice test with five possible answers for each, what is the probability of answering a question correctly If you make random guess?
Genotypes In Example 4 we noted that a study involved equally likely genotypes represented
as AA, Aa, aA, and aa. If one of these genotypes is randomly selected as in Example 4,
what is the probability that the outcome is AA? Is obtaining AA unusual?
Example 4: Genotypes When studying the affect of heredity on height,
we can express each individual genotype, AA, Aa, aA, and aa, on an index card and
shuffle the four cards and randomly select one of them. What is the probability
that we select a genotype in which the two components are different?