Example 3-49. A manager has two assistants and he bases his decision on informationsupplied independently by each one of them. The probability that he makes a mistake in histhinking is 0-005. The probability that an assistant gives wrong information is 0-3. Assumingthat the mistakes made by the manager are independent of the information given by theassistants, find the probability that he reaches a wrong decision.

Answered: Image /qna-images/answer/bb0bd2cb-71d8-46dc-ab40-78efb6baa0fc.jpg

Answered: Example 3.49. A manager has two…

Elementary Linear Algebra (MindTap Course List)

8th Edition

ISBN:9781305658004

Author:Ron Larson

Publisher:Ron Larson

Chapter2: Matrices

Section2.5: Markov Chain

Problem 15E: Smokers and Non smokers In a population of 10,000, there are 5000 non-smokers, 2500 smokers of one...

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Consumer Preference In a population of 100,000 consumers, there are 20,000 users of Brand A, 30,000 users of Brand B, and 50,000 who use neither brand. During any month, a Brand A user has a 20 probability of switching to Brand B and a 5 of not using either brand. A Brand B user has a 15 probability of switching to Brand A and a 10 probability of not using either brand. A nonuser has a 10 probability of purchasing Brand A and a 15 probability of purchasing Brand B. How many people will be in each group a in 1 month, b in 2 months, and c in 18 months?
Smokers and Non smokers In a population of 10,000, there are 5000 non-smokers, 2500 smokers of one pack or less per day. During any month, there is a 5 probability that a nonsmoker will begin smoking a pack or less per day, and a 2 probability that a nonsmoker will begin smoking more than a pack per day. For smokers who smoke a pack or less per day, there is a 10 probability of quitting and a 10 probability of increasing to more than a pack per day. For smokers who smoke more than a pack per day, there is a 5 probability of quitting and a 10 probability of dropping to a pack or less per day. How many people will be in each group a in 1 month, b in 2 months, and c in 1 year?
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.

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