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# Probability

### Fenton and Farrah Friendly, husband-and-wife car dealers are soon going to open a new dealer ship.

Fenton and Farrah Friendly, husband-and-wife car dealers are soon going to open a new dealer ship. They have three offers: from a foreign compact car company, from a U.S.-producer of full sized cars, and from a truck company. The success of each type of dealership will depend on how much gasoline is going to be available during

### Information about "Probabilities"

Can you answer these problems and show work. 1. How many variations in the first-, second-, and third-place finishes are possible in a 100-yd dash with 6 runners? 2. Suppose a family plans 6 children, and the probability that a particular child is a girl is ½. Find the probabilities that the 6-child family has at least

### Basic Statistics and Probability..

The amount of annual snowfall in a certain mountain range is normally distributed with a mean of 109 inches, and a standard deviation of 10 inches. a. What is the probability that the mean annual snowfall during 40 randomly picked years will exceed 111.8 inches? b. What is the probability that the mean annual snowfall d

### Probability Distribution for Asset Y

Given the following probability distribution for asset Y, compute the expected rate of return, variance, standard deviation, and coefficient of variation for the assets. Y Return Prob. 10% 0.25 11 0.35 12 0.40.

### An application using the binomial distribution

A pre-election poll shows Obama 52%, Clinton 48%. You conduct an exit survey after the next primary randomly querying 20 voters out of 100 who voted in the first hour. What is the probability that less than 50% say they voted for Obama (assuming that the poll reflects the eventual voting preference)?

### Discrete Distributions : Bernoulli, Binomial, Discrete Uniform

My main problem is deciding with discrete distribution to use: BERNOULLI, BINOMIAL, DISCRETE UNIFORM, GEOMETRIC NEGATIVE BINOMIAL, OR POISSON. Every time I choose one, it's the wrong one. Is there some way I can easily find out which one to use. Because what I do now is I choose by trial and error ,which takes me a long time but

### Finding the probability of repeats in finite sequences

1. What is the probability that out of 3 people, 2 were born in the same month. 2. What is the probability that a seven digit phone number has 1 or more repeats. 3. What is the probability that given 5 letters selected randomly from the alphabet, none is repeated? 4. What is the probability 2 of more randomly selected s

### Probability Analysis : Roulette

1. Roulette is played at a table similar to the one in Figure 3.37. A wheel with the numbers 1 through 36 (evenly distributed with the colors red and black) and two green numbers 0 and 00 rotates in a shallow bowl with a curved wall. A small ball is spun on the inside of the wall and drops into a pocket corresponding to one of

### Probabilities

See the attached file. 1. In determining automobile mileage ratings, it was found that the mpg in the city (X) for certain model is normally distributed, with a mean of 22.5 mpg and a standard deviation of 1.5 mpg. Find the following: a. P(X < 22.5) b. P(0 < X < 24) c. P(X > 25) d. P(22 < X < 22.5) e. P(X < 21) f. P(21

### Probability

1. A survey of 100 MBA students found that 75 owned mutual funds, 45 owned stocks, and 25 owned both. a. What is the probability that a student owns a stock? A mutual fund? b. What is the probability that a student owns neither stocks nor mutual funds? c. What is the probability that a student owns either a stock or mutual f

### Using the binomial distribution with order statistics

Let Y1<...<Y8 be the order statistics of 8 independent observations of a continuous type distribution with 70th percentile 27.3. a) Determine P(Y7<27.3) b) Find P(Y5<27.3<Y8) (See attachment for neater mathematical presentation of the question)

### Independent Probability of Coins and Cubes

1. A cube has all 6 sides painted blue; this cube is then cut into 64 equal cubes. What is the probability, Pn where n = 1, 2, 3, that a little cube (one of the 64) picked at random will have n painted faces? 2. A person is given 4 coins each with equal and independent probabilities of being a nickel , a penny, a dime or

### Probability Multiplied Wrong Values

For #70a, b I know I have to use the complement like 1- (p(all four people with no good blood)) but do I multiply each probability or add them? For #66 not sure how begin this one For #63 I feel as if i don't have enough info to start with. For # 29,29b I get values that are way off the correct answers, like a) 13

### If the random variable z is the standard normal score, which of the following probabilities could easily be determined without referring to a table?

If the random variable z is the standard normal score, which of the following probabilities could easily be determined without referring to a table? A. P(z > 2.86) B. P(z < 0) C. P(z < - 1.82) D. P(z> -0/5)

### Probability

In testing a new drug, researchers found that 5% of all patients using it will have a mild side effect. A random sample of 11 patients using the drug is selected. Find the probability that: a) exactly two will have this mild side effect b) at least one will have this mild side effect.

### Probability and Events

Find the following probabilities: a. Events A and B are mutually exclusive events defined on a common sample space. If P (A) = 0.4 and P(A or B) = 0.9, find P(B). b. Events A and B are defined on a common sample space. If P(A) = 0.20, P(B) = 0.40, and P(A or B) = 0.56, find P(A and B)

### Binomial Random Variable

Four cards are selected, one at a time, from a standard deck of 52 cards. Let x represent the number of aces drawn in a set of 4 cards. If this experiment is completed without replacement, explain why x is not a binomial random variable. If this experiment is completed with replacement, explain why x is a binomial random

### Probability of distribution of two random variables

From probability... Distributions of two random variables. The Correlation Coefficient. 1. A certain species of plant produces a flower that is either red, pink, white or on rare occasions blue. Form an analysis of the plants genes it is possible to calculate the the probability of a red flower is , the probability of white i

### Find the number of possible combinations of picking 2 items out of 6.

Please show all work related to the correct answer. 1.) A = {1, 3, 5, 6}; B = {2, 3, 6, 7}; C = {6, 8, 9} Find (A intersect B) union C 2.) Find the number of possible combinations of picking 2 items out of 6. 3.) How many permutations of answers are possible in a true-false test consisting of 10 questions? 4.) A

### Decision-Making : Decision Trees and Payoffs

Problem 14 A manufacturer must decide whether to build a small or a large plant at a new location. Demand at the location can be either small or large, with probabilities estimated to be 0.4 and 0.6 respectively. If a small plant is built, and demand is large, the production manager may choose to maintain the current size or to

### Employees in the textile industry can be segmented as follows.

4. Employees in the textile industry can be segmented as follows Employees Number Female and union 12,000 Female and nonunion 25,000 Male and union 21,000 Male and nonunion 42,000 a. Determine the probability of each event in this distribution. b. Are the events in this distribution mutually exclusive? Expl

### Probability Problem Set (14 Questions)

1. During the last hour, a telemarketer dialed 20 numbers and reached 4 busy signals, 3 answering machines, and 13 people. Use this information to determine the empirical probability that the next call will be answered in person. 2. If you roll a die many times, what would you expect to be the relative frequency of rolling a

### Probability Radiation Calculations

Supose a pill exists with the property that one out of every 100 such pills contains a lethal amount of a substance, and that the other 99 are harmless. Caluclate how many people would be expected to die if 1,000 people each take 1 pill and if 1,000 people each take 10 pills. If 1,000 people take a single pill we would expect

### The question is related to calculation of probability for different events from a sample of 2,000 licensed drivers revealed the following number of speeding violations. The second question is related to the selection students based on their gender and major.

I need some assistance with the attachment document. 8. A sample of 2,000 licensed drivers revealed the following number of speeding violations. Number of Violations Number of Drivers 0 1,910 1 46 2 18 3 12 4 9 5 or more 5 Total 2,000 a. What is the experiment? b. List one possible eve

### Basic Probability Problems

Hello again! 1. Suppose you have 3 nickels, 2 dimes and 6 qtrs in your pocket. If you draw a coin ramdomly what is the probality that a. you will draw a dime ? b. you will draw a half dollar ? c. you will draw a qtr ? 2. you are rolling a pair of dice, one red and one green. what is the probability of the following outcomes

### Probability of speeding violations

A sample of 2000 licensed drivers revealed the following number of speeding violations: number of violations number of drivers 0 1,910 1 46 2 18 3 12 4

### Probability: Chi-Square Distributions

Suppose that X has a X^2-distribution with 6 degrees of freedom. a) What is the probability that an observation of X will exceed 6? b) If 10 observations of X are made, so as to be independent, what is the probability that two or more of the observations will exceed 6?

### Waiting Lines and Queuing Theory Models

The problem is this: In planning for a major redesign, Beth collected data at her store on several consecutive Saturday mornings. She noticed that customers arrived at the checkout at a rate of approximately 100 per hour. Fully 20 percent of the customers had 10 items or less. Those people took about 2 minutes to serve on av

### Probability: Demand for a Product

The demand for a product is estimated to be normally distributed with u=200 and o=40. Let x be the number of units demanded and find the following probabilities. a. P(180< x <220) b. P(x > 250) c. P(x < 100) d. P(225 < x < 250)

### Probability

The probability of a coat having a defect is 1/3. What is the probability of there being 15 defective coats in a batch?