Question

Asked Oct 23, 2019

If P(E)=0.89, find the odds in favor of E. What are the odds in favor of E?

Step 1

**Odds in favour:**

The odds in favour of the event is given by the ratio of the probability of the event to the probability...

Tagged in

Q: Fill in the blank with an appropriate word, phrase, or symbol.With the quotient rule for exponents...

A: Click to see the answer

Q: USA Today reported that approximately 25% of all state prison inmates released on parole become repe...

A: The probability distribution of X is given below:

Q: Assume that the business makes a profit with probability 0.8 in the first year. For each year therea...

A: The provided information is:Consider p1 and p2 are the profits of the first year, thereafter year.An...

Q: 10 Prove that P(E U FU G) = P(E) P(F) + P(G) - P(E FG) P(EF€G) - P(EFG) - 2P(EFG)

A: Addition Rule of three events:For any three events E, F, and G, the addition rule states that:

Q: 6.50 Binomial needs fixed n For the binomial distribution, the number of trials n is a fixed number....

A: From the given information,For binomial distribution, the number of trials n are always constant or ...

Q: 5.51 Corporate bonds A simple way for a company to raise money to fund its operations is by selling ...

A: According to the provided data, the probabilities of default in each of the next one year periods wh...

Q: The following data represent the flight time (in minutes) of a random sample of seven flights from o...

A: Range:In a data set, the difference between the maximum value and minimum value is called range.Samp...

Q: A financial services committee had 60 members, of which 10 were women. If 9 members are selected at ...

A: a. The probability that 7 men and 2 women are selected is 0.3041 and it is obtained below: From the ...

Q: following Normal distribution with u = 100 and standard deviation o = 15. What is the Probability th...

A: Given DataMean = 12Standard deviation = 3probability that X-value selected at randomly from this dis...