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Create 2 sets. Set A will be the list of the 5 items you personally need to buy the most (essential items). Set B will be the list of 5 items that you want to buy the most ( fun stuff). List the items in set A and B and also list or state the items in the union and in the intersection of set A nad B
Assume that the prices of the items in set A are 20,40,60,70 80. Assume the prices if set B are 90,120,30,60,40
What will the total cost of set A be if it contains one unit of each item? What will the total cost of the union set be if it contains one unit of each item? what will be the total cost of the intersection?
What will the total cost of the union and intersection be if you consider two sets of A's and three sets of B's?
Assume that 10% of the population is left-handed. If three people are chosen at random, what is the probability that at least one will be left-handed?
Use decision tree diagram to solve the problem.
Evaluate the type of conic from the given equation - Indicate which type of conic each of the following represents.
Compute the p value for the test
Examples of Probability and Statistics in Real Life, Can you think of situations in the business world or other real life situations where you would need to calculate or estimate probabilities?
The probability that both defective lights will be found. A box contains two defective Christmas tree lights that have been inadvertently mixed with eight non-defective lights. If the lights are selected one at a time without replacement and teste..
Determine the linear correlation coefficient using x = HP and y = MPG. Perform the hypothesis test of rho to determine whether horsepower and gasoline mileage are negatively correlated at the one percent level of significance? [For the critical value..
Let G = UT (n,F) be the set of the upper triangular n x n matrices with entries in a field F with p elements and 1's on the diagonal. The operation in G is matrix multiplication.
Describe how to calculate the odds against an event happening when you know the probability of the event occuring. Use a numerical example to illustrate your explanation.
Find the nearest distance using cosine rule - To the nearest KM, how far is the airplane from the airport?
M ake a 95 percent confidence interval for the true proportion of checking account customers who also have savings accounts.
Test using the traditional approach with α = 0.05
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