Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. Shopper Trak is a hidden electric eye designed to count the number of shoppers entering a store. When two shoppers enter the store together one walking in front of the other, the following possibilities apply.  There is a 0.98 probability that the first shopper will be detected and a 0.94 probability that the second shopper will be detected and a 0.93 probability that both of them will be detected by the device.  What is the probability that the device will detect at least one of the two shoppers entering together?

2. A statistics professor has found that the probability is 0.74 that a student gets a B- or above for the final examination.  He also found that the probability of 0.67 that a student gets a B- or above for both the final exam and the course.  If a randomly selected student has already gotten a B- or above for the final exam taken yesterday what is the probability he will get a B- or above for the course when the grade report arrives next week?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9173408

Have any Question?


Related Questions in Statistics and Probability

The average price of a television on a certain web site is

The average price of a television on a certain Web site is ?$760. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$190. Complete parts a through d below. What is the pr ...

Calculate the value of a bond with face value of 1000 a

Calculate the value of a bond with face value of $1,000 , a coupon interest rate of 8 percent paid semiannually; and a maturity of 10 years. Assume the following discount rates: (a) 6 percent; (b) 8 percent; and (c) 10 p ...

Discuss if you think policy makers truly represent the

Discuss if you think policy makers truly represent the citizenry or are they pressured by third party special interest groups that support their campaigns. Should they represent both?

Analysis of variance anovaan investigator compares the

Analysis of variance (ANOVA) An investigator compares the difference in the amount of 20% sucrose solution removed by pollinators between unadulterated solution and solutions with 50, 100, 150, and 200 parts per million ...

1 what is the standard deviation of the sampling

1. What is the standard deviation of the sampling distribution? 2. What is the expected value? 3. What is the probability that the average life in the sample will be between 2,670.56 and 2,809.76 hours? 4. What is the pr ...

There is an 8 2-year bond which we buy now at which point

There is an 8%, 2-year bond, which we buy now at which point the required rates are 6%. If we intend to sell it in 2 years, when the market rates of interest are 2%, what is the market price of the bond then and now? A 1 ...

1 three experiments investigating the relation between need

1. Three experiments investigating the relation between need for cognitive closure and persuasion were performed. Part of the study involved administering a "need for closure scale" to a group of students enrolled in an ...

Calculate cash inflow or outflow from operating activities

Calculate cash inflow or outflow from operating activities given the following information: Net loss - $12,000; depreciation expense $3,000; increase in AR $1,250; decrease in inventory $900; increase in AP $760.

A firm requires an investment of 18000 and will return

A firm requires an investment of $18,000 and will return $26,000 after one year. If the firm borrows $10,000 at 8% what is the return on levered equity?

A car gets involved in an accident 80 of the time if it is

A car gets involved in an accident 80% of the time if it is defective. If it is not defective, the probability reduces to 40%. 30% of all cars are defective. If a car is involved in an accident, what is the probability t ...

  • 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