A stockbroker believes that under present economic conditions, a customer will invest in tax-free bonds (A) with a probability of 0.6 and in mutual funds (B) with a probability of 0.3. The probability that he will invest in both tax free and mutual funds is 0.15. At this time, find the probability that the customer will invest in neither of the two investments. А) 0.35 в) 0.10 0.25 D) 0.20

Q: the probability that Bob eats a banana at lunch is  41%.  Also, suppose that the probability that…

A: According to the sum, the probability that Bob eats a banana at lunch is  41%.  Also, suppose that…

Q: A coach recruits for a college team a star player who is currently a high school senior. In order to…

A: Given: The probability of not getting adequate high school grades is, P(A)=0.02 Then the probability…

Q: 2. Hashir is going to graduate from an industrial engineering department in a university by the end…

A: given P(A)= probability of getting an offer from company A= 0.8 P(B)= probability of getting an…

Q: Of the articles published in a high-indexed journal, 29% are in the field of biomaterials, 48% in…

A: Given, 29% are in the field of biomaterials = 0.29 48% in tissue engineering = 0.48 23% in…

Q: A building contractor buys 90​% of his cement from supplier A and 10​% from supplier B. A total of…

A: Given that a building contractor buys 90​% of his cement from supplier A and 10​% from supplier B. A…

Q: A person applies for a certain job, and the probability that he or she is qualified is 0.285. The…

A:

Q: The probability that a US industry is located in Shanghai, China is 0.65, the probability that it is…

A: We have given that  P( Shanghai china) = P( A) = 0.65 P( Beijing china) = P( B ) = 0.32 P( Shanghai…

Q: From past experience, a stockbroker believes that under present economic conditions a customer will…

A: In the given question, concept of probability is applied. Probability By dividing the favorable…

Q: A piece of equipment will function only when the three components A, B and C  are working. The…

A: Given:  A piece of equipment will function only when the three components A, B and C are working.…

Q: At From past experience, a stockbroker believes that under present economic conditions a customer…

A: a) The union probability for any two events A and B is defined as P(A ∪ B) = P(A)  + P(B) – P(A ∩…

Q: A building contractor buys 90​% of his cement from supplier A and 10​% from supplier B. A total of…

A: Solution: Let X be the event that contractor buys cement from supplier A and Y be the event that…

Q: Assume that the chances of a patient suffering from high blood pressure is 60%. It is also assumed…

A: 6. Let A, E1, and, E2 respectively denote the events that a person suffers from high blood pressure,…

Q: Assume that the store stocks 30 percent brand A, 50 percent brand B, and the rest are brand X.…

A: According to the given information:The store stocks 30% brand A in which 15%  does not provide the…

Q: Suppose a newly opened fast food restaurant invested a lot in marketing and have finally attracted a…

A: Poisson distribution is a discrete probability distribution. Poisson distribution describes the…

Q: Suppose that Art can decide to go to work by one of three modes of transportation, car, bus, or…

A: Probability of an event is computed by taking the ratio of number of favourable outcomes to total…

Q: The probability that we return to the university is 65% P(E1)=0.65, the the probability that the…

A: From the given information, The probability that we return to the university is 65%. That is,…

Q: The Philippine National Red Cross says that about 11% of the Philippine population has Type B blood.…

A:

Q: The probability that a person stopping at a gas station will ask to have his tires checked is 0.12,…

A: Given data isThe probability that a person stopping at a gas station will ask to have his tires…

Q: Suppose that Art can decide to go to work by one of three modes of transportation, car, bus, or…

A: P(Late | Car) = 0.6 P(Late | Bus) = 0.2 P(Late | Train) = 0.02   Boss wishes to estimate the…

Q: A store only sells two types of products: type A and type B. If a customer only buys product A, the…

A:

Q: An automobile is being filled with petrol. The probability that oil is also need to be changed is…

A: If a certain condition is imposed on happening of an event, then the probability of happening of…

Q: A new device has been developed that has two electrical circuits that work in parallel and two…

A: Given, P(circuit fails) = 0.12 P(Memory chip fails) = 0.08

Q: Assume that the store stocks 40 percent brand A, 40 percent brand B, and the rest are brand X.…

A: Brand X is (100-40-40)=20% P(A)=0.40 , P(B)= 0.40 , P(X)= 0.20 Let, C= event that the number of…

Q: A place kicker in pro football has a 77% probability of making a field goal over 40 yards, and each…

A: Given: A place kicker in pro football has a 77% probability of making a field goal over 40 yards.…

Q: Assume that the store stocks 30 percent brand A, 50 percent brand B, and the rest are brand X.…

A: Let A be the event of choosing stock A  , B be the event of choosing stock B ,  X be the event of…

Q: The probability of a machine producing a defective part, in one day, is of 0.1. Think in two…

A: Negative Binomial Distribution: If we have a sequence of trials each having two outcomes, say…

Q: find the probability that a potential client will invest in neither cryptocurrency nor life…

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Q: Suppose that Art can decide to go to work by one of three modes of transportation, car, bus, or…

A:

Q: A study determined that 18% of a population use a certain brand of laundry detergent. what is the…

A: It is given that, A study shows that 18% of a population use a certain brand of laundry detergent…

Q: There is a 0.45 probability that the Morgan company (a paper manufacturer) will send a sales rep. to…

A: Let 'X' be the event represents that the Morgan company will send a sales representative. And, 'X'…

Q: The probability of Mark getting an offer from company A is 0.7, and the probability that he gets an…

A: here define Event  A= Mark getting an offer from Company A  B = Mark getting an offer from Company B…

Q: The manager at the local auto shop has found that the probability that a car brought into the shop…

A: The probability that a car brought into the shop requires an oil change is 0.63. The probability…

Q: 6. Machines A and B produce 40% and 60%, respectively of the production of a component intended for…

A: Given information P(A) = 0.40, P(B) = 0.60 Let D denotes defective component

Q: The route used by a certain motorist in commuting to work contains two intersections with traffic…

A: Given : Probability that he must stop at first signal =0.35 Analogous probability of second signal…

Q: Suppose that the probability that Bob eats an apple at lunch is 32%.  Also, suppose that the…

A: The probability that Bob eats an apple at lunch is 32%. The probability that Bob eats a pear at…

Q: The probability that an integrated circuit chip will have defective etching (E) is 0.12, the…

A:

Q: A jet fighter consists of two engines. The probability that the second engine functions in a…

A: A is the event that shows the first engine functions in a satisfactory manner during its design…

Q: For a particular machine, the probability that it will break down within a week is 0.009. The…

A: As per honor code, we are entitled to solve only three sub parts at a time, so I am providing the…

Q: At a Noodle & Company Restaurant the probability that a customer orders a nonalcoholic beverage is…

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Q: The probability that an integrated circuit chip will have defective etching (E) is 0.11, the…

A:

Q: The manager at the local auto shop has found that the probability that a car brought into the shop…

A: Let A represents oil requirement, B represents Brake repair. So  Given that, P(A)= 0.64 P(B)= 0.36…

Q: A local jam production company is confident that 60% of the population will like its new grapefruit…

A: From the provided information, A local jam production company is confident that 60% of the…

Q: What is the probability that the stock from Company A will increase while the stock from Company B…

A: here given , An investor is monitoring stocks from Company A and Company B, which each either…

Q: A web security firm requires all job applicants to submit to drug testing. If the applicant has used…

A: 1.

Q: Jenny is an elementary school student and her father Jack works near her school. Every day, Jack…

A: Let A and B denote A: Jenny is late for school B: Jack is late for work We know,…

Q: Assume that the chances of a patient suffering from high blood pressure is 60%. It is also assumed…

A: Probability The term probability is defined as the chance of occurrence of an event. The probability…

Q: Suppose that Art can decide to go to work by one of three modes of transportation, car, bus, or…

A: Suppose that Art can decide to go to work with one of three modes of transportation, car, bus, or…

Q: If 3 % of the electric bulbs manufactures by a company are defective, find the probability that in a…

A: Here n=100. Hence, By using Poisson distribution, Px,μ=e-μ μxx! μ=3%  =3100  =0.03

Q: A paint-store chain produces and sells latex and semigloss paint. Based on long-range sales, the…

A: Given Data: P(latex)=0.75 P(latex and rollers)=0.60*0.75=0.45 P(rollers)=0.75*0.6+0.25*0.3=0.525