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Dima020 [189]
3 years ago
15

The odds of an event happening are 7/3. What is the probability that the event does NOT happen?​

Mathematics
1 answer:
SVETLANKA909090 [29]3 years ago
6 0

Answer:

So in your example, the odds are 7:3. In English, that means that if we had a horse race and we held 10 races with the same horses, our favored horse would finish first 7 times and lose the remaining three. But treated as a probability? If we look at it that way, we have 10 possible outcomes and the event of interest (the horse winning) happens 70% of the time. Conversely, the probability of the event not happening (the horse losing) is 30%.

Step-by-step explanation:

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A food truck operator has traditionally sold 75 bowls of noodle soup each day. He moves to a new location and after a week sees
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Answer: <u><em>There is a 3.1% chance of obtaining a sample with a mean of 85 or higher assuming that the true mean sales at the new location is still equal to or less than 75 bowls a day.</em></u>

Given:

Food Truck

Old location:

Sold =  75 bowls of noodle soup

New location:

Sold =  85 bowls of noodle soup

p-value = 0.031

<em></em>

<em>Interpretation:</em>

<em>Under the given circumstances and options, we state that there is a 3.1% chance of obtaining a sample that has a mean of 85 i.e. P(X=85) or in similar cases higher where we assume that the true mean sales at the new location is still equal to or less than 75 i.e. [P(X=75) ≤ P(X=85)] bowls a day.</em>

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b

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