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1. Consulting team, part 2. You are assigned to be part of a team of three analysts of a global management consulting company as described in Exercise 24. What is the probabil- ity that of your other two teammates:

a) Neither has any telecommunications experience?

b) Both have some telecommunications experience?

c) At least one has had extensive telecommunications experience?

2. Auto warranty, again. You used the Multiplication Rule to calculate repair probabilities for your cars in Exercise 23.

a) What must be true about your cars in order to make that approach valid?

b) Do you think this assumption is reasonable? Explain.

3. Final consulting team project. You used the Multiplication Rule to calculate probabilities about the telecommunications experience of your consulting teammates in Exercise 24.

a) What must be true about the groups in order to make that approach valid?

b) Do you think this assumption is reasonable? Explain.

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  • Category:- Statistics and Probability
  • Reference No.:- M91724666

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