What conclusion would you draw about the relationship

Assignment Help Finance Basics
Reference no: EM13576594

Given below are the results of a survey of 100 cars:



Condition of brakes

Condition of tires

Faulty

Not faulty

Total

Faulty

25

5

30

Not faulty

$15

$55

70

Total

$40

$60

100

(a) Assuming that the survey is representative of all the cars on the road, what is the probability that a car selected at random will have:

(i) Faulty brakes;

(ii) Faulty tires;

(iii) Either faulty brakes or faulty tires;

(iv) Faulty brakes given that it has faulty tires;

(v) Faulty tires given that it has faulty brakes?

(b) What conclusion would you draw about the relationship between the events 'faulty tires" and 'faulty brakes"?

Reference no: EM13576594

Questions Cloud

Do these data indicate that the mean satisfaction rating : question over a period of years a toothpaste has received a mean rating of 5.9 on a 7-pointscalefor overall customer
The managers of a food company are interested in : the managers of a food company are interested in determining the effect on their sales of a competitors television
Assume that the weight loss for the first month of a diet : assume that the weight loss for the first month of a diet program varies between 6 pounds and 12 pounds and is spread
Forecast the mean number of unoccupied seats per flight to : questionnew horizons airlines wants to forecast the mean number of unoccupied seats per flight to germany next
What conclusion would you draw about the relationship : given below are the results of a survey of 100 carscondition of brakescondition of tiresfaultynot
Total current assets are worth 237513 at book value and : total current assets are worth 237513 at book value and 191299 at market value. in addition plant and equipment has a
The following table shows an estimated probability : the following table shows an estimated probability distribution for the sales of a new product in its first weeknumber
Discuss the reasons why corporations invest in securities : discuss the reasons why corporations invest in securities. discuss how the market would be affected if they stopped
During the year royal repaid existing debt of 223785 and : during the year royal repaid existing debt of 223785 and raised additional debt capital of 642062. it also repurchased

Reviews

Write a Review

Finance Basics Questions & Answers

  One of the major complaints regarding foreign exchange

one of the major complaints regarding foreign exchange rates and flexible exchange rates is that the exchange rates are

  Are us ethical standards applicable worldwide explain your

1. what are the international and regional institutions that comprise the global monetary and financial system? what

  Which one should be chosen based on the npv

What is the NPV for the two systems? (Enter negative amounts using negative sign, e.g. -45.25. Round answers to 2 decimal places, e.g. 15.25.)

  You are considering the purchase of an apartment complex

you are considering the purchase of an apartment complex. the following assumptions are mademiddot the purchase price

  Which segment of the secondary stock market

Which segment of the secondary stock market (listed exchanges or NASDAQ) is larger in terms of the number of issues? Which is larger in terms of the value of the issues traded?

  Personal financial planning

John inherited $2 million in an IRA, which comprised of the entire estate from his father. He promptly withdrew the funds. The appropriate marginal tax rate was 28%.

  Recapitalization tapley inc currently has total capital

recapitalization tapley inc. currently has total capital equal to 5 million has zero debt is in the 40

  At the end of the life of the project the equipment can be

a project requires an invesment of 40000 dollars. the project will project revenews of 4000 dollars at the end of the

  Calculating present values of cash flows

You can purchase property today for $3.3 million and sell it in 5 years for $4.3 million. (You earn no rental income on the property.)

  On june 30 2008 thorpe companys total current assets were

on june 30 2008 thorpe companys total current assets were 250000 and its total current liabilities were 125000. on july

  How much total interest is earned for a deposit

The discount rate of a fund is 4% convertible quarterly. If the total amount of interest earned for a deposit of $X is $500 during a four year period, how much total interest is earned for a deposit $X during a fifteen year period?

  How internal controls played a major role in the company

Use the library or other online resources for information about Enron filed for banktruptcy in 2001. Write a brief summary (3-5 paragraphs) of how internal controls played a major role in the company's downfall.

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