Probability calculations
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A small management consulting firm presents both written and oral proposals in an effort to get new consulting contracts. Records indicate that the probability distribution Pxy(x,y) of X = number of oral proposals in a week and Y = number of written proposals in that week is given by the following table:
Y
________________________________
x 0 1 2 3 4
0 .010 .015 .030 .075 .050
1 .020 .030 .045 .060 .040
2 .030 .045 .100 .045 .030
3 .040 .060 .045 .030 .020
4 .050 .075 .030 .015 .010
a. Find the probability that there are two oral proposals and two written proposals in a particular week.
b. Find the probability that there are exactly two oral proposals and two or fewer written proposals in a particular week.
c. Find the probability that there are two or fewer oral proposals and two or fewer written proposals in a particular week.
For many years TV executives used the guideline that 30 percent of the audience were
watching each of the prime-time networks and 10 percent were watching cable stations on
a weekday night. A random sample of 500 viewers in the Tampa-St. Petersburg, Florida,
area last Monday night showed that 165 homes were tuned in to the ABC affiliate, 140 to
the CBS affiliate, 125 to the NBC affiliate, and the remainder were viewing a cable station.
At the .05 significance level, can we conclude that the guideline is still reasonable?
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Solution Summary
This solution gives the step by step method for computing probability from the given data.
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1. A small management consulting firm presents both written and oral proposals in an effort to get new consulting contracts. Records indicate that the probability distribution Pxy (x,y) of X = number of oral proposals in a week and Y = number of written proposals in that week is given by the following table:
Y
________________________________
X 0 1 2 3 4
0 .010 .015 .030 .075 .050
1 .020 .030 .045 .060 .040
2 .030 .045 .100 .045 ...
Purchase this Solution
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