Addition rule to determine the probability

Assignment Help Applied Statistics
Reference no: EM13768113

A department store manager has decided that dress code is necessary for team coherence. Team members are required to wear wither blue shirts or red shirts. There are 9 men and 7 women in the team. On a particular day, 5 men wore blue shirts and 4 other wore red shirts, whereas 4 women wore blue shirts and 3 others wore red shirt. Apply the Addition Rule to determine the probability of finding men or blue shirts in the team. 

Reference no: EM13768113

Questions Cloud

Firm is considering a new product development : Your firm is considering a new product development. an outlay of $90,000 is required for equipment, and an additional net working capital of $5000 is required. the project is expected to have a 4 year life, and the equipment will be depreciated on a ..
Holding a well-diversified portfolio of assets : Explain why a firm needs to hedge if stockholders are holding a well-diversified portfolio of assets?
What is the total cost at time zero of accepting : Your firm is considering a new product development. an outlay of $90,000 is required for equipment, and an additional net working capital of $5000 is required. the project is expected to have a 4 year life, and the equipment will be depreciated on a ..
Additional taxable income-income taxes and the net income : The R&D of the Advanced Electronics, Inc. (AE) designed a product commissioned by the military, but with applications in commercial markets as well. To manufacture and market the product AE needs to build new manufacturing facilities, and will need a..
Addition rule to determine the probability : A department store manager has decided that dress code is necessary for team coherence. Team members are required to wear wither blue shirts or red shirts. There are 9 men and 7 women in the team. On a particular day, 5 men wore blue shirts and 4 oth..
Write a report on overview of alternatives : Your Justification Report assignment, you built up the following sections: Problem Statement, Overview of Alternatives, Criteria, and Methods.
Default risk premium : A company's 5-year bonds are yielding 9.9% per year. Treasury bonds with the same maturity are yielding 5.15% per year, and the real risk-free rate (r*) is 2.65%. The average inflation premium is 2.1%, and the maturity risk premium is estimated to be..
Expected interest rate : The real risk-free rate is 2.25%. Inflation is expected to be 2.35% this year, 4% next year, and then 2.75% thereafter. The maturity risk premium is estimated to be 0.05(t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Tr..
What is the effect of external cash flows to twr and mwr : What is the effect of external cash flows to TWR and MWR in the following scenarios? Additions to the portfolio prior to a period of weak performance. Withdrawals from the portfolio prior to a period of weak performance

Reviews

Write a Review

 

Applied Statistics Questions & Answers

  Expect the research hypothesis to be significant

The null hypothesis that there is no relationship between the type of music a person listens to and his crime rate (p

  Report the average starting salary for recent graduates

According to a recent newspaper report the average starting salary for recent graduates in Electrical Engineering is at least $62,450.The Placement Director at Supreme State University would like to test the accuracy of the newspaper report. Th..

  The average wonderlic score and graduation rate

Relationship between the average Wonderlic score and graduation rate?

  Construct a scatter plot for two variables

Assignment Objectives:  Construct a scatter plot for two variables, compute a correlation coefficient, and a regression equation.  Use the regression equation to predict a value of the dependent variable.Purpose:  In this week's assignment, we ..

  The ams technical services department has embarked

The AMS technical services department has embarked on a quality improvement effort. Its first project relates to main- taining the target upload speed for its Internet service sub- scribers. Upload speeds are measured on a standard scale

  Find the marginal density of d2

Find the marginal density of D2

  What is the standard deviation

Explain what each of the metrics in the summary statistics means and what are they telling you about this data set? Is it symmetrical, flat, skewed, does it have outliers, and so on

  The manager of a company wants to investigate job

The manager of a company wants to investigate job satisfaction among its employees. One morning after a meeting, she talks to all 25 employees who attend. Does this sampling plan result in a random sample? What type of sample is it? Explain

  Thompson photo works purchased several new highly

thompson photo works purchased several new highly sophisticated processing machines. the production department needed

  Describe the population of interest for the survey

Describe the population of interest for the survey

  Determine what action the firm should pursue

Use decision analysis tools discussed in class to determine what action the firm should pursue in order to minimize expected loss; either manual analysis or software is acceptable. Please also calculate the minimum expected loss.

  The degree of flatness or peakedness of a population

The degree of flatness or peakedness of a population

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd