Compute the probabilities of randomly selecting a mother

Assignment Help Business Economics
Reference no: EM132116612

Consider the following table and answer the following

(A) For each class, compute the probabilities of randomly selecting a mother in that class, given she has had twins.

Age of Mother

15-19

20-24

25-29

30-34

35-39

40-44

Number of Twin Births

5

82

124

127

19

1

Rel Freq

__

__

__

__

__

__

(B) what can you infer about age and likelihood of having twins?

(C) When a set of twins is born, what is the probability that the mother is in her twenties?

(D) When a set of twins is born, what is the probability that the mother is at least 20 years old?

Reference no: EM132116612

Questions Cloud

Dwindling amount of prime residential building land : Build Big Company is in stiff competition for the dwindling amount of prime residential building land available near a fast-growing urban area.
Percentage of underweight children number of countries : What is the best estimate for the mean percentage of underweight children? (Round your answer to two decimal places.)
Identify and research a theorist or major contributor : Identify and research a theorist or major contributor to strategic management or strategic planning in that ten-year period.
Matter has been further complicated by fact that employees : The matter has been further complicated by the fact that the employees of the two managers have taken sides and joined the fray.
Compute the probabilities of randomly selecting a mother : For each class, compute the probabilities of randomly selecting a mother in that class, given she has had twins.
Describe the typical project management documentation : Assignment this week is to describe the typical project management documentation and deliverables that are produced in each project phase.
What is the price elasticity of demand : You manage The Saco Atlantic Truffle Company which makes a chocolate - caramel truffle for sale to gift shops from Cape Cod to Mount Desert Island.
Trader joe competitive advantage : What is/are the key resource(s)/capability(ies) that give(s) Trader Joe’s a competitive advantage?
Identical except for color : There are eleven balls in an urn. They are identical except for color. Five are red, five are blue, and one is yellow. You are to draw a ball from the urn

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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