compaTRee 12:51. Two sets of candidates are competing for the positions on the Board of Directors of acompany. The probabilities that the first and second sets will win are 0-6 and 0-4 respectively. If the first setwins, the probability of introducing a new product is 0-8, and the corresponding probability if the secondset wins is 0:3. What is the probability that the product will be introduced ?cof wiays h ne prehre uind$ orekyill areabiliülielhi cu ..ne " litT TT

Answered: Image /qna-images/answer/590a51d7-20bf-416e-bd7d-beba2bfdc574.jpg

Answered: compwAROe 12 51. Two sets of candidates…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter14: Counting And Probability

Section14.CR: Chapter Review

Problem 8CC

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Dividing a JackpotA game between two players consists of tossing a coin. Player A gets a point if the coin shows heads, and player B gets a point if it shows tails. The first player to get six points wins an 8,000 jackpot. As it happens, the police raid the place when player A has five points and B has three points. After everyone has calmed down, how should the jackpot be divided between the two players? In other words, what is the probability of A winning and that of B winning if the game were to continue? The French Mathematician Pascal and Fermat corresponded about this problem, and both came to the same correct calculations though by very different reasonings. Their friend Roberval disagreed with both of them. He argued that player A has probability 34 of winning, because the game can end in the four ways H, TH, TTH, TTT and in three of these, A wins. Robervals reasoning was wrong. a Continue the game from the point at which it was interrupted, using either a coin or a modeling program. Perform the experiment 80 or more times, and estimate the probability that player A wins. bCalculate the probability that player A wins. Compare with your estimate from part a.
Dividing a Jackpot A game between two pIayers consists of tossing coin. Player A gets a point if the coin shows heads, and player B gets a point if it shows tails. The first player to get six points wins an $8000 jackpot. As it happens, the police raid the place when player A has five points and B has three points. After everyone has calmed down, how should the jackpot be divided between the two players? In other words, what is the probability of A winning (and that of B winning) if the game were to continue? The French mathematicians Pascal and Fermat corresponded about this problem, and both came to the same correct conclusion (though by very different reasoning's). Their friend Roberval disagreed with both of them. He argued that player A has probability of Winning, because the game can end in the four ways H, TH, TTH, TTT, and in three of these, A wins. Roberval’s reasoning was wrong. Continue the game from the point at which it was interrupted, using either a coin or a modeling program. Perform this experiment 80 or more times, and estimate the probability that player A wins. Calculate the probability that player A wins. Compare with your estimate from part (a).

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