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AnnZ [28]
3 years ago
15

Suppose that a box contains one fair coin (Heads and Tails are equally likely) and one coin with Heads on each side. Suppose fur

ther that someone else selects one of the two coins at random, tosses it three times, and gets the outcome {Heads, Heads, Heads}. In this problem, you will answer the following question in several parts: What is the probability that the chosen coin was the fair coin
Mathematics
1 answer:
stealth61 [152]3 years ago
4 0

Using conditional probability, it is found that there is a 0.1 = 10% probability that the chosen coin was the fair coin.

Conditional Probability

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

In which

  • P(B|A) is the probability of event B happening, given that A happened.
  • P(A \cap B) is the probability of both A and B happening.
  • P(A) is the probability of A happening.

In this problem:

  • Event A: Three heads.
  • Event B: Fair coin.

The probability associated with 3 heads are:

  • 0.5^3 = 0.125 out of 0.5(fair coin).
  • 1 out of 0.5(biased).

Hence:

P(A) = 0.125 + 0.5 = 0.625

The probability of 3 heads and the fair coin is:

P(A \cap B) = 0.5(0.125) = 0.0625

Then, the conditional probability is:

P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.0625}{0.625} = 0.1

0.1 = 10% probability that the chosen coin was the fair coin.

A similar problem is given at brainly.com/question/14398287

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Many people feel that the drying of pavement marking paint is much too slow. You spend several days looking for the fastest dryi
slavikrds [6]

Answer:

21

Step-by-step explanation:

Using<em> Simple Random Sampling</em>, we can estimate the sample size by the formula

\bf n=\frac{Z^2S^2}{e^2}

where  

n = sample size

Z = the z-score corresponding to the confidence level 99.5%

S = the assumed standard deviation = 3 seconds

e = margin of error = 2 seconds

<em>It is worth noticing that the higher the confidence level, the larger the sample should be. </em>

The z-score corresponding to a confidence level of 99.5% can be obtained either with a table or the computer and equals

Z = 3.023

Replacing the values in our formula

\bf n=\frac{(3.023)^23^2}{2^2}=20.5616\approx 21

So the size of the sample should be at least 21.

7 0
3 years ago
Credit sales are collected as follows:65 percent in the month of the sale.25 percent in the month after the sale.10 percent in t
Vitek1552 [10]

Answer:

Step-by-step explanation:

a) November sales = (Total Uncollected Sales - Uncollected Sales from December) / Collection rate after two months

= ($121,100 - $87,300) / 0.20

November sales = $169, 000.00

b) December sales = Uncollected sales from December / Collection rate of the previous month sales,

Therefore: December sales = $87,300 / 0.45 = $194,000

December sales = $194,000.00

c) Each month's collection for the company are:

Collections for ech month = 0.20(Sales from 2 months ago) + 0.25(Last month's sales) + 0.55 (Current sales)

January collections = 0.20($169000.00) + 0.25($194,000.00) + 0.55($132,000)

January collections = $154,900.00

February collections = 0.20($194,000.00) + 0.25($132,000) + 0.55($149,000)

February collections = $153,750.00

March collections = 0.20($132,000) + 0.25($149,000) + 0.55($164,000)

March collections = $153,850.00

4 0
3 years ago
7. The startup cost for a boutique is $15,000, and each floral arrangement costs $17 for the boutique to make. If each arrangeme
Snowcat [4.5K]

Answer:

1875 arrangements

Step-by-step explanation:

Break-Even is the point when costs are equal to profit.

The cost is 15,000

We need to cover this up with the profit we get from sales.

Each arrangement is 17 (cost) and is sold for 25, so the profit from each arrangement is:

25 - 17 = 8

So, with each arrangement sale, we make profit of $8. How many of these we need to sell in order to break even (in order to make 15,000)??

We simply divide this amount (15,000) by the profit we make from each arrangement ($8), so that would be:

Number of Arrangements Needed to Break-Even = 15,000/8 = 1875

After 1875 arrangements, the boutique breaks even.

5 0
3 years ago
Guys please help me I don’t understand and my test is due at 12 I only have 40min HELP GREATLY APPRECIATED!!!
ICE Princess25 [194]

Answer:

{9} Slope: -1

Y-intercept = 0

Step-by-step explanation:

Slope-----

Recall slope-intercept form

y=mx+b, with slope m and a y-intercept of b. With this in mind, we can rewrite our equation as y=−x+0

We see that our slope, or coefficient on x, is −1.

Y-intercept-----

We can rewrite this equation as:y=1x+0

The slope-intercept form of a linear equation is: y=mx+b

Where m is the slope and b is the y-intercept value.

For this equation:y=1x+0

Therefore:

The slope is m=1

The y-intercept is b=0 or (0,0)

Hope this helps!

3 0
3 years ago
Considering the graph of a line with a negative slope, which of the following could be true? Check all that apply
Mandarinka [93]

Answer:

Step-by-step explanation:

The following statements are true:

B. As the absolute value of the negative slope gets smaller, the

graph of the line gets less steep.

E. The line goes down from left to right.

4 0
3 years ago
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