What is the conditional probability

Assignment Help Basic Statistics
Reference no: EM131423166

Find a conditional probability.

In the setting of the previous exercise, what is the conditional probability that a household is prosperous given that it is educated? Explain why your result shows that events A and B are not independent.

Reference no: EM131423166

Questions Cloud

Discuss the importance of counter-surveillance strategies : Discuss the importance of surveillance and counter-surveillance strategies in a terrorist operation. Compare and contrast the functions. Provide examples and cite organizations using these strategies.
Education and income : Suppose P(A) = 0.138, P(B) = 0.261, and the probability that a household is both prosperous and educated is P(A and B) = 0.082. What is the probability P(A or B) that the household selected is either prosperous or educated?
Describe the five phases of supply management : Explain the dynamics of motives, needs and goals, and how they shape consumer behavior. Describe the five phases of supply management. What metaphors can you propose that describe women’s organizational leadership experience? Explain how consumers or..
Write a comparison of the two agencies : write a comparison of the two agencies' field training programs. What are the significant differences regarding the size of the department and the focus of community oriented policing? What changes, in terms of increasing the size of the departmen..
What is the conditional probability : In the setting of the previous exercise, what is the conditional probability that a household is prosperous given that it is educated? Explain why your result shows that events A and B are not independent.
What types of budget variances do you track and manage : What types of budget variances do you track and manage? What tools do you use to identify and analyze the variance? Do you need to explain the variances and define a way to get back to budget? If so, how often must you do that?
Which type of theatre would you prefer to design for : Choose 2 of the following to answer:If you were an actor, which type of theatre would you prefer to perform on? Why?If you were a director, which type of theatre would you prefer to stage a play on? Why? If you were a set designer, which type of ..
Best fits irobots approach to product development : iRobot was started just over 20 years in an effort to bring robots out of the lab and into the real world. They are most known for the iRobot Roomba vacuum cleaning robot. Which of the basis of product differentiation discussed in your text do you th..
Shows the relation between the events a and b : Suppose P(A) = 0.138, P(B) = 0.261, and the probability that a household is both prosperous and educated is P(A and B) = 0.082. What is the probability P(A or B) that the household selected is either prosperous or educated?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Waiters report for work to minimize total staff required

How many waiters and busboys should report for work at the start of each time period to minimize the total staff required for one day's operation.

  The possibility that nucleus will be disintegrated the end

The number of bombardment necessary to achieve the disintegration of a certain nucleus is assumed to have the distribution above. In one sequence in which b bombardments are available, of these have already failed to disintegrate the nucleus. What..

  A book was published entitled one million random digits in

a book was published entitled one million random digits. in it there are listed one million 1000000 digits each of

  Vistaprint produces monitors and printers for computers

Vistaprint produces monitors and printers for computers. In the past, only some of them were inspected on a sampling basis. However, the new plan is that they all will be inspected before they are released.

  Characteristics of standard normal distribution

Critically illustrate out the characteristics of a standard normal distribution? Can two distributions with the same mean and different standard distributions be considered normal?

  Find probability that fewer patients are chain smokers

Calculate the probability that fewer than half of the patients are chain smokers. b) suppose that 20 patients with lung cancer are admitted to the hospital.

  Suppose x the number of flaws in a roll of polyethylene

suppose x the number of flaws in a roll of polyethylene insulated cable follows a poisson process where ? is 1.1 flaws

  If the digits 0 2 4 6 represent wins and the digits 1 3 5 7

if the digits 0 2 4 6 represent wins and the digits 1 3 5 7 represent lose then the random numbers 4657 1323 0236

  Probability that randomly chosen wine will score this high

In the May 15, 2007, issue of the magazine, the burgudy Domaine des Perdrix received a rating of 89.2 What is the probability that a randomly chosen wine will score this high or higher?

  Let x be a random variable that represents the monthly

let x be a random variable that represents the monthly electric bills in a certain city. data shows that x is

  Defining the rejection region and statistical decision

Define the rejection region. State the statistical decision.

  1 a random sample of size 100 was taken from a population a

1 a random sample of size 100 was taken from a population. a 94 confidence interval to estimate the mean of 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