When assigning probabilities of two simple events, can we assume that each event is always equally likely to occur and, thus assign .5 to each event? Could you provide an example in your explanation?

Solution Preview

1. How probabilities might be assigned in an experiment?

We will see by example, how probabilities might be assigned to two simple events and how different probabilities may be assigned to each event.

Experiment:

If we use the term customer to refer to a person who purchases one of the two types of PCs, the experiment can be defined as the entrance of a customer and the observation of which type of PC is purchased. There are two simple events in the sample space corresponding to this experiment. (1) I: ...

Solution Summary

This solution explains how to assign probabilities of two simple events through illustrative examples.

... The sum of the probabilities of these three simple events is 0.78. ... is awarded in simple events 1 and 3. The probability that either simple event 1 or 3 ...

Simple Probability, Sample Spaces, Events. ... List sample space: {BBB,BBG,BGG,GGG} Event the children are grils: {GGG} Event the couple has one or more boy ...

... (a) EXTRA CREDIT-Using the probabilities you calculated ... Use probability theory to answer the following questions ... the setting of the question) of a simple event. ...

... The probability that a shutdown occurs is the sum of the three probabilities highlighted in ... There is only one simple event where there is both a hardware ...

... 6 If two events are independent, then the probability that they both occur is found by multiplying the probabilities of each individual event occurring. ...

... example doctors sometimes assign subjective probabilities to life ... forecasting is another example of subjective probability. ... A and B are two simple events of a ...

... A simple event is the event of a SINGLE outcome ... Using a Pie Chart to Find Probabilities Use the pie chart below ... grades less than C: 7+3=10 The probability: 10/(5 ...

... These probabilities represent the probability of one bottle out of the total ... a. Give an example of a simple event. b. Give an example of a joint event. ...