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sergij07 [2.7K]
3 years ago
7

An experiment can result in one of five equally likely simple events, E1, E2, , E5. Events A, B, and C are defined as follows. A

: E2, E4 P(A) = 0.4 B: E1, E3, E4, E5 P(B) = 0.8 C: E2, E3 P(C) = 0.4 Find the probabilities associated with the following events by listing the simple events in each.
Business
1 answer:
rusak2 [61]3 years ago
7 0

Answer:

(1) P(A^C)=0.6

The notation A^C means "the complement of event A".

Therefore, here we want to find P(A^C), which is the probability for event A NOT to occur.

Here we are given that the probability of event A is

P(A)=0.4

The probability of the complement of an event X is given by

P(X^C)=1-P(X)

So in this case,

P(A^C)=1-P(A)=1-0.4=0.6

(2) P(A\cap B)=0.2

Event A is defined as either event E2 or event E4 to occur.

Event B is defined as either one of the following events to occur: E1, E3, E4, E5.

Here we want to find the intersection between the sets of events A and B.

We see that this intersection consists of the events that belong simultaneously to both sets: therefore, only E4.

Therefore,

P(A\cap B)=P(E4)

And since the 5 events are equally likely to occur, the probability of each is 0.2, therefore

P(A\cap B)=P(E4)=0.2

(3) P(B\cap C)=0.2

Event B is defined as either one of the following events to occur: E1, E3, E4, E5.

Event C is defined as either E2 or E3 to occur.

Here we want to find the intersection between the sets of events B and C.

This intersection consists of the events that belong simultaneously to both sets, so, only E3.

Therefore,

P(B\cap C)=P(E3)

And since each event E has probability 0.2 to occur,

P(B\cap C)=P(E3)=0.2

(4) P(A\cup B)=1

Here we want to find the probability of the set consisting of the union of A and B.

We have:

Event A is defined as either event E2 or event E4 to occur.

Event B is defined as either one of the following events to occur: E1, E3, E4, E5.

So the union of the two sets is: E1, E2, E3, E4, E5

But these events represents all the possible events of the experiment. Therefore, their total probability is 1, so

P(A\cup B)=1

(5) P(B|C)=0.5

Here we want to find the conditional probability of B given C: that is, the probability of B to occur, given that C has occurred.

This probability can be calculated as:

P(B|C)=\frac{P(B\cap C)}{P(C)}

Here in this problem, we have:

P(B\cap C)=0.2 (already calculated in part 3)

P(C)=0.4 (given by the problem)

Therefore, we have:

P(B|C)=\frac{P(B\cap C)}{P(C)}=\frac{0.2}{0.4}=0.5

(6) P(A|B)=0.25

Here we want to find the conditional probability of A given B: that is, the probability of A to occur, given that B has occurred.

This probability can be calculated as:

P(A|B)=\frac{P(A\cap B)}{P(B)}

In this part of the problem, we have:

P(A\cap B)=0.2 (already calculated in part 2)

P(B)=0.8 (given by the problem)

And so, we have:

P(A|B)=\frac{P(A\cap B)}{P(B)}=\frac{0.2}{0.8}=0.25

(7) P(A\cup B\cup C)=1

Here we want to find the probability that either A, either B or either C occurs.

Event A is defined as either event E2 or event E4 to occur.

Event B is defined as either one of the following events to occur: E1, E3, E4, E5.

Event C is defined as either E2 or E3 to occur.

We see that the 3 events A, B and C contain all the possible events of the experiment: E1, E2, E3, E4 or E5. Therefore, if any of these 5 events occurs, then either A, B or C has occurred as well.

Therefore, the total probability is 1:

P(A\cup B\cup C)=1

(8) P((A\cap B)^C)=0.8

Here we want to find the probability of the complement of the set

A\cap B

The probability of this set was already calculated in part 2, and it was

P(A\cap B)=0.2

We also said that the probability of the complement of a set X is given by

P(X^C)=1-P(X)

Therefore, the probability of the complement of A\cap B is:

P((A\cap B)^C)=1-P(A\cap B)=1-0.2=0.8

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The correct answer is <u>x + y > 30 8x + 10y ≥ 450.</u>

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<h3><u>What exactly is inequality?</u></h3>

An inequality exists when two or more expressions are not equal and there is a greater than (>), greater than or equal to (≥), less than (<), or less than or equal to (≤) sign between them.

<u>How can Anita figure out how many stuffed bunnies she can sell to achieve her objectives? What system of disparities may she use?</u>

In accordance with the issue,

Each rabbit costs $8.00.

Each puppy costs $10.00.

If there are x stuffed rabbits, then there are also y stuffed puppies. The sum of the money that Anita will make is equal to 8x + 10y.

Anita wants a minimum salary of $450, which is 8 times plus 10 years.

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Since 2017 will serve as the base year, the denominator for all calculations will be the $150,000 in net sales from that year.

2017:                                2018:                                   2019:

= 150,000 / 150,000       = 234,560 / 150,000         = 252,600 / 150,000

= 100%                             = 156.37%                           = 168.40%

2020:                                2021:                                  

= 270,800 / 150,000       = 282,880 / 150,000

= 180.53%                         = 188.59%

The upward trend in this trend's net sales is encouraging.

What is the trend for cost of goods sold?

2017:                                2018:                                   2019:

= 67,000 / 67,000        = 106,440 / 67,000            = 115,280 / 67,000

= 100%                             = 158.87%                           = 172.06%

2020:                                2021:                                

= 122,080 /67,000          = 128,200 / 67,000

= 182.21%                         = 191.34%

This is Unfavorable since the cost of the goods is an expense.

What is the trend for accounts receivable?

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= 9,000 / 9,000              = 15,200/ 9,000                = 16,400 / 9,000

= 100%                             = 168.87%                           = 182.22%

2020:                                2021:                                

= 17,300 / 9,000             = 18,100 / 9,000

= 192.22%                         = 201.11%

More Accounts Receivables are a negative because the business needs cash, so they should be reduced.

What is Trend Analysis?

Technical analysis's trend analysis method makes use of trend data that was recently seen in order to forecast future stock price movements. To predict the long-term direction of market sentiment, trend analysis makes use of previous data, such as price fluctuations and transaction volume.

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