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Statistics for Decision-Making

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Please assist to state the basic rules of probability and apply these rules to events of interest.

Also assist with the set up a contingency table for categorical variables and solve for the probability of simple, joint and conditional events.

Identify and explain the different uses of the basic graph types.

See the attached files.

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Solution Summary

The solution provides step by step method for the calculation of answers to a mix of statistics problems. Formula for the calculation and Interpretations of the results are also included.