In the western United States, there are many dry land wheat farms that depend on winter snow and spring rain to produce good crops. About 50% of the years there is enough moisture to produce a good wheat crop, depending on the region. (a) Let r be a random variable that represents the number of good wheat crops in n = 8 years. Suppose the Zimmer farm has reason to believe that at least 4 out of 8 years will be good. However, they need at least 6 good years out of 8 years to survive financially. Compute the probability that the Zimmers will get at least 6 good years out of 8, given what they believe is true; that is, compute P(6 ≤ r | 4 ≤ r). (Round your answer to three decimal places.) (b) Let r be a random variable that represents the number of good wheat crops in n = 10 years. Suppose the Montoya farm has reason to believe that at least 6 out of 10 years will be good. However, they need at least 8 good years out of 10 years to survive financially. Compute the probability that the Montoyas will get at least 8 good years out of 10, given what they believe is true; that is, compute P(8 ≤ r | 6 ≤ r). (Round your answer to three decimal places.)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
In the western United States, there are many dry land wheat farms that depend on winter snow and spring rain to produce good crops. About 50% of the years there is enough moisture to produce a good wheat crop, depending on the region.
(a) Let r be a random variable that represents the number of good wheat crops in n = 8 years. Suppose the Zimmer farm has reason to believe that at least 4 out of 8 years will be good. However, they need at least 6 good years out of 8 years to survive financially. Compute the probability that the Zimmers will get at least 6 good years out of 8, given what they believe is true; that is, compute P(6 ≤ r | 4 ≤ r). (Round your answer to three decimal places.)
(b) Let r be a random variable that represents the number of good wheat crops in n = 10 years. Suppose the Montoya farm has reason to believe that at least 6 out of 10 years will be good. However, they need at least 8 good years out of 10 years to survive financially. Compute the probability that the Montoyas will get at least 8 good years out of 10, given what they believe is true; that is, compute P(8 ≤ r | 6 ≤ r). (Round your answer to three decimal places.)
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