An experiment consists of asking 3 women at random if they wash their dishes with brand X detergent. List the elements of S corresponding to event E that at least 2 of the women use brand X
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An experiment consists of asking 3 women at random if they wash their dishes with brand X detergent.
List the elements of S corresponding to event E that at least 2 of the women use brand X
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- Consider the experiment of a toss of two coins. A: observes one head.B: observes two heads. Find P(A) and P(B). Group of answer choices P(A) = 0.1 and P(B) = 0.2 P(A) = 0.25 and P(B) = 0.25 P(A) = 0.5 and P(B) = 0.25 P(A) = 0.25 and P(B) = 0.5 P(A) = 0.5 and P(B) = 0.5question has more than one true answerADVERSE SELECTIONSomet Health Insurance Company wants to sell a health insurance product for $700 permonth. There is no requirement for healthy people to have insurance coverage. Thecompany conducts a survey to see how different populations respond to the proposed cost.People with no illnesses and disabilities, generally the young and healthy, respond that theydo not spend $700 on healthcare in an entire year, and most feel they would not waste somuch money on premiums when the chance of needing surgery or expensive healthcaretreatments is so small. However, older, sicker people think that $700 per month is a greatdeal, as most of them spend far in excess of this amount on healthcare. It seems like agreat deal for them. What will happen to the costs of the health insurance if only the older, sicker peopleenroll?
- An experiment can result in any of the outcomes 1, 2, or 3.(a) If there are two different wagers, withr1(1) = 1, r1(2) = 8, r1(3) = −10r2(1) = 2, r2(2) = 12, r2(3) = −16.Is an arbitrage possible? Do not just answer a yes or no. Show your working.In 2009 a survey found these airline preferences for people in Southeast Asia when choosing to fly to China: 40%, Thai Airlines; 41%, Singapore Airlines; and 19%, Cathay Pacific. In 2011 this survey was repeated, and from a sample of 1,000 responders, 365 chose Thai, 540 chose Singapore, and 95 selected Cathay Pacific. Can you conclude that the consumers still have the same purchase patterns?The following questions all go together.
- In the United States of America the top 50% of households have about ________ per cent of all wealth in the United States Group of answer choices a. 99 b. 50 c. 20 d. 35An experiment consists of four outcomes with P(E1) = 0.2, P(E2) = 0.3, and P(E3) = 0.4. The probability of outcome E4 is Group of answer choices 0.900. 0.500. 0.024. 0.100.Previous answer was absolutely incorru