Consider randomly selecting a student at a certain university, and let A denote the event that the selected individual has a Visa credit card and B be the analogous event for a MasterCard where P(A) = 0.45, P(B) = 0.40, and P(AB) = 0.20. Calculate and interpret each of the following probabilities (a Venn diagram might help). (Round your answers to four decimal places.) (b) P(B' | A) 0.5555 (c) P(AB) 0.5 (d) P(A' | B) 0.4285 X x X (e) Given that the selected individual has at least one card, what is the probability that he or she has a Visa Card? 0.9166 X

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
icon
Related questions
Question
100%
Consider randomly selecting a student at a certain university, and let A denote the event that the selected individual has a Visa credit card and B be
the analogous event for a MasterCard where P(A) = 0.45, P(B) = 0.40, and P(AB) = 0.20. Calculate and interpret each of the following
probabilities (a Venn diagram might help). (Round your answers to four decimal places.)
(b) P(B' | A)
0.5555
(c) P(AB)
0.5
(d) P(A' | B)
0.4285
X
Need Help?
X
(e) Given that the selected individual has at least one card, what is the probability that he or she has a Visa Card?
0.9166
X
Read It
Transcribed Image Text:Consider randomly selecting a student at a certain university, and let A denote the event that the selected individual has a Visa credit card and B be the analogous event for a MasterCard where P(A) = 0.45, P(B) = 0.40, and P(AB) = 0.20. Calculate and interpret each of the following probabilities (a Venn diagram might help). (Round your answers to four decimal places.) (b) P(B' | A) 0.5555 (c) P(AB) 0.5 (d) P(A' | B) 0.4285 X Need Help? X (e) Given that the selected individual has at least one card, what is the probability that he or she has a Visa Card? 0.9166 X Read It
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning