Are events a and b mutually exclusive what is the

Assignment Help Finance Basics
Reference no: EM13576614

Let A be an event that a person's primary method of transportation to and from work is an automobile and B be an event that a person's primary method of transportation to and from work is a bus. Suppose that in a large city P(A) = 0.45 and P(B) = 0.35.

a. Are events A and B mutually exclusive? What is the probability that a person uses an automobile or a bus in going to and from work?

b. Find the probability that a person's primary method of transportation is some means other than a bus.

Reference no: EM13576614

Questions Cloud

Compute the correlation coefficient determine the equation : anna sheehan is the manager of the spend wise supermarket chain. she would like to be able to predict paperback book
They select every 20th person from the list until a sample : a polling company obtains an alphabetical list of names of voters in a precinct. they select every 20th person from
When market researchers inc performs the study for this : market researchers inc. has been hired to perform a study to determine if the market for a new product will be good or
Military radar and missile detection systems are designed : military radar and missile detection systems are designed to warn a country of enemy attacks. a reliability question
Are events a and b mutually exclusive what is the : let a be an event that a persons primary method of transportation to and from work is an automobile and b be an event
One evening after a meeting she talks to all 30 female : the personnel manager at a company wants to investigate job satisfaction among the female employees. one evening after
What is the probability that the life of the component is : interest centers around the life of an electronic component. suppose it is known that the probability that the
The lifetime hours of an electronic device is a random : the lifetime hours of an electronic device is a random variable with the exponential probability density functionfx
A study of the attendance at the university of alabamas : a study of the attendance at the university of alabamas basketball games revealed that the distribution of attendance

Reviews

Write a Review

Finance Basics Questions & Answers

  What is your maximum potential financial loss

When purchasing an option, what is your maximum potential financial loss?

  Analyze the most significant driver in an efficient market

efficient markets please respond to the followinganalyze the most significant driver in an efficient market and whether

  What is the present value of a perpetuity

What is the present value of a perpetuity of $100 given a discount rate of 5%?

  What is the yield-to-maturity of these bonds

The bonds will have a par value of $1,000, a 10-year maturity, and a coupon interest rate of 9%, paid semiannually. Current market conditions are such that the bonds will be sold to net $937.79. What is the yield-to-maturity of these bonds?

  What nominal annual interest rate is built into monthly plan

The first plan requires a $4,000 immediate up-front payment. The second plan requires you to make monthly payments of $137.41, payable at the end of each month for 3 years. What nominal annual interest rate is built into the monthly payment plan?

  How many shares of stock will be outstanding after the split

The Peace River Corporation has 62,000 shares of stock outstanding at a market price of $48 a share. The company has just announced a 3-for-2 stock split. How many shares of stock will be outstanding after the split?

  A treasury note with a maturity of four years carries a

a treasury note with a maturity of four years carries a nominal rate of interest of 10 percent. in contrast an

  What are the primary strengths and weaknesses of the

what are the primary strengths and weaknesses of the payback approach in capital

  Determine value of the call option

The price of stock will be either $60 or $80 at the end of year. Call options are available with 1 year to expiration. T-bills currently yield 5%.

  Explains components and process of creating annual report

You have been promoted to a member of the management team in Fullhealth's financial department. You have emplyed a new staff member who is to assist you in preparing materials for the next Board of Directors meeting in which the annual financial repo..

  Which set of projects should be accepted

Assume that each of these projects is just as risky as the firm's existing assets and that the firm may accept all the projects or only some of them. Which set of projects should be accepted? Explain.

  Read the article cognitive effects of risperidone in

read the article cognitive effects of risperidone in children with autism and irritable behavior and identify the

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