Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

It is estimated that 3% of the athletes competing in a large tournament are users of an illegal drug to enhance performance. The test for this drug is 90% accurate. What is the probability that an athlete who tests positive is actually a user?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9113284

Have any Question?


Related Questions in Statistics and Probability

Letnbspxnbsp age in years of a rural quebec woman at the

Let  x  = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of  x  was approximately  σ 2  = 5.1. Suppose a recent study of age at first marriage for a rand ...

In a survey of 3439 adults 1418 say they have started

In a survey of 3439 adults, 1418 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.

Leibniz sells you an annuity that pays 1500 every month

Leibniz sells you an annuity that pays $1,500 every month from the end of September 2018 to the end of August 2022 with annual interest rate 7% compounded monthly. (round off all answers to two decimal places) (a) What i ...

There are twenty stores for a grocery chain in the

There are twenty stores for a grocery chain in the Mid-Atlantic region. The regional executive wants to visit five of the twenty stores. She asks her assistant to choose five stores and arrange the visit schedule. (Pleas ...

Three airlines serve a small town in ohio airline a has 49

Three airlines serve a small town in Ohio. Airline A has 49% of all scheduled flights, airline B has 27% and airline C has the remaining 24%. Their on-time rates are 83%, 62%, and 39%, respectively. A flight just left on ...

What are the minimum first quartile median third quartile

What are the minimum, first quartile, median, third quartile, maximum, interquartile range, and range of the data set below? Make a box-and- whisker plot. 25, 25, 30, 35, 45, 45, 50, 55, 60, 60

Introduction to statistics assignment - inferential

Introduction to Statistics Assignment - Inferential Statistics Analysis and Writeup Purpose: The purpose of this assignment is to develop and carry out an inferential statistics analysis plan and write up the findings. T ...

Suppose that a b and c are events in a sample space s such

Suppose that A, B and C are events in a sample space S, such that: A and B are equally likely; C is four times as likely as B; B and C are independent; if either B or C occurs, then A cannot occur; at least one of A, B o ...

4m industries has 30 million shares outstanding trading at

4M Industries has 30 million shares outstanding trading at $20 per share. 4M also has $150 million in outstanding debt. Suppose firm's equity cost of capital is 12%, its debt cost of capital is 5%, and the corporate tax ...

On average the parts from a supplier have a mean of 975

On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 12.2 inches. Find the probability that a randomly selected part from this supplier will have a value between 85.3 and 109.7 inc ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As