BuyFind*arrow_forward*

13th Edition

Anderson

Publisher: CENGAGE L

ISBN: 9781305881884

Chapter 4.4, Problem 31E

Textbook Problem

336 views

Assume that we have two events, *A* and *B*, that are mutually exclusive. Assume further that we know *P*(*A*) = .30 and *P*(*B*) = .40.

- a. What is
*P*(*A*∩*B*)? - b. What is
*P*(*A*∣*B*)? - c. A student in statistics argues that the concepts of mutually exclusive events and independent events are really the same, and that if events are mutually exclusive they must be independent. Do you agree with this statement? Use the probability information in this problem to justify your answer.
- d. What general conclusion would you make about mutually exclusive and independent events given the results of this problem?

**a.**

To determine

Compute the value of

**Calculation:**

The two events *A* and *B* are mutually exclusive with probabilities

*Mutually Exclusive Events:*

Two or more events are said to mutually exclusive if they have no element in common

**b.**

To determine

Compute the value of

**c.**

To determine

Check whether the statement is correct or not. And justify the answer.

**d.**

To determine

Explain what general conclusion you would make about mutually exclusive and independent events given the result of this problem.

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Show all chapter solutions

Ch. 4.1 - An experiment has three steps with three outcomes...Ch. 4.1 - How many ways can three items be selected from a...Ch. 4.1 - How many permutations of three items can be...Ch. 4.1 - Consider the experiment of tossing a coin three...Ch. 4.1 - Suppose an experiment has five equally likely...Ch. 4.1 - An experiment with three outcomes has been...Ch. 4.1 - A decision maker subjectively assigned the...Ch. 4.1 - In the city of Milford, applications for zoning...Ch. 4.1 - Simple random sampling uses a sample of size n...Ch. 4.1 - The following table shows the percentage of...

Ch. 4.1 - The National Occupant Protection Use Survey...Ch. 4.1 - The Powerball lottery is played twice each week in...Ch. 4.1 - A company that manufactures toothpaste is studying...Ch. 4.2 - An experiment has four equally likely outcomes:...Ch. 4.2 - Consider the experiment of selecting a playing...Ch. 4.2 - Consider the experiment of rolling a pair of dice....Ch. 4.2 - Refer to the KPL sample points and sample point...Ch. 4.2 - Fortune magazine publishes an annual list of the...Ch. 4.2 - Do you think global warming will have an impact on...Ch. 4.2 - Junior Achievement USA and the Allstate Foundation...Ch. 4.2 - Data on U.S. work-related fatalities by cause...Ch. 4.3 - Suppose that we have a sample space with five...Ch. 4.3 - Suppose that we have a sample space S = {E1, E2,...Ch. 4.3 - Clarkson University surveyed alumni to learn more...Ch. 4.3 - The Eco Pulse survey from the marketing...Ch. 4.3 - Information about mutual funds provided by...Ch. 4.3 - What NCAA college basketball conferences have the...Ch. 4.3 - A survey of magazine subscribers showed that 45.8%...Ch. 4.3 - High school seniors with strong academic records...Ch. 4.4 - Suppose that we have two events, A and B, with...Ch. 4.4 - Assume that we have two events, A and B, that are...Ch. 4.4 - The automobile industry sold 657,000 vehicles in...Ch. 4.4 - Students taking the Graduate Management Admissions...Ch. 4.4 - The bureau of Transportation Statistics reports...Ch. 4.4 - To better understand how husbands and wives feel...Ch. 4.4 - Jamal Crawford of the National Basketball...Ch. 4.4 - A joint survey by Parade magazine and Yahoo! found...Ch. 4.4 - The Institute for Higher Education Policy, a...Ch. 4.5 - The prior probabilities for events A1 and A2 are...Ch. 4.5 - The prior probabilities for events A1, A2, and A3...Ch. 4.5 - A consulting firm submitted a bid for a large...Ch. 4.5 - A local bank reviewed its credit card policy with...Ch. 4.5 - In August 2012, tropical storm Isaac formed in the...Ch. 4.5 - ParFore created a website to market golf equipment...Ch. 4.5 - The percentage of adult users of the Internet who...Ch. 4 - A survey of adults aged 18 and older conducted by...Ch. 4 - A financial manager made two new investmentsone in...Ch. 4 - Forty-three percent of Americans use social media...Ch. 4 - A study of 31,000 hospital admissions in New York...Ch. 4 - A telephone survey to determine viewer response to...Ch. 4 - The U.S. Census Bureau serves as the leading...Ch. 4 - An MBA new-matriculants survey provided the...Ch. 4 - Refer again to the data from the MBA...Ch. 4 - In February 2012, the Pew Internet American Life...Ch. 4 - A large consumer goods company ran a television...Ch. 4 - Cooper Realty is a small real estate company...Ch. 4 - A company studied the number of lost-time...Ch. 4 - According to the Open Doors Report, 9.5% of all...Ch. 4 - An oil company purchased an option on land in...Ch. 4 - The five most common words appearing in spam...

Find more solutions based on key concepts

Show solutions You were planning to spend Saturday working at your part-time job, but a friend asks you to go skiing. What is ...

Principles of Economics (MindTap Course List)

(Consumer Surplus) If, toward the end of the day, some people become indifferent whether or not they go on anot...

ECON: MICRO4 (New, Engaging Titles from 4LTR Press)

Which contributes more to GDPthe production of an economy car or the production of a luxury car? Why?

Brief Principles of Macroeconomics (MindTap Course List)

Why is productivity important?

Principles of Microeconomics (MindTap Course List)

Let A denote the event that the next request for assistance from a statistical software consultant relates to t...

Probability and Statistics for Engineering and the Sciences

Suppose that in the United States, producing an aircraft takes 10,000 hours of labor and producing a shirt take...

Principles of Macroeconomics (MindTap Course List)

BOND YIELDS Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at its par value of 1,000....

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

PREFERRED STOCK VALUATION Farley Inc. has perpetual preferred stock outstanding that sells for 30 a share and p...

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

Adjusting entry for inventory shrinkage Omega Tire Co.s perpetual inventory records indicate that 3,145,000 of ...

Corporate Financial Accounting

Selected transactions completed by Kornett Company during its first fiscal year ended December 31, 20Y5, were a...

Financial & Managerial Accounting

Case 4-68 Researching and Analysis Using the Annual Report Obtain Microsofts June 30, 2016, 10-K either through...

Cornerstones of Financial Accounting

RESIDUAL DIVIDEND MODEL Walsh Company is considering three independent projects, each of which requires a 4 mil...

Fundamentals of Financial Management (MindTap Course List)

Creating an Outline for an Oral Presentation. One of the hardest parts of preparing an oral presentation is dev...

Essentials of Business Communication (MindTap Course List)

Explain how EDM has been (or could he) used in your AIS class to eliminate all paper flow between the students ...

Accounting Information Systems

What are the three steps of controlling?

Foundations of Business (MindTap Course List)

United Rug Company is a small rug retailer owned and operated by Pat Kirwan. After the accounts have been adjus...

Financial Accounting

Can Management Afford to Look the Other Way?" Harry Rull had been with Shellington Pharmaceuticals for 30 years...

Management, Loose-Leaf Version

PREPARE CHECK AND STUB Based on the following information, prepare a check and stub:

College Accounting, Chapters 1-27

What is the meaning of (A) 1/15, n/60; (B) n/30; (c) n/eom?

Financial And Managerial Accounting

Why do economists oppose policies that restrict trade among nations?

Essentials of Economics (MindTap Course List)

Identify and understand the social factors that affect consumer buying decisions

MKTG 12:STUDENT ED.-TEXT

Describe the four variables of the marketing mix.

Contemporary Marketing

How might a significant reduction in the divorce rate affect the distribution of income?

Exploring Economics

The adjusting entry for accrued fees was omitted at October 31, the end of the current year. Indicate which ite...

Financial Accounting

On a work sheet, where will the amount of the ending merchandise inventory be recorded?

College Accounting (Book Only): A Career Approach

Break-even sales Currently, the unit selling price of a product is 160, the unit variable cost is 120, and the ...

Financial & Managerial Accounting

If an investor owns more than 50% of an investee, how is the investment treated on the investors financial stat...

Accounting (Text Only)

Your organization is planning to implement an ERP system. Some managers in the organization favor the big bang ...

Accounting Information Systems

Operating Loss Baxter Company began operations in 2015 and was profitable through 2018, during which time the t...

Intermediate Accounting: Reporting And Analysis

Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purc...

Managerial Accounting: The Cornerstone of Business Decision-Making

YIELD TO MATURITY AND YIELD TO CALL Kaufman Enterprises has bonds outstanding with a 1,000 face value and 10 ye...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

What is inflation and what causes it?

Principles of Macroeconomics (MindTap Course List)

PREFERRED STOCK, WARRANTS, AND CONVERTIBLES Martha Millon, financial manager of Fish Chips Inc., is facing a d...

Fundamentals of Financial Management (MindTap Course List)

INVENTORY ERRORS Assume that in year 1, the ending merchandise inventory is understated by 40,000. If this is t...

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

What is the relationship between an AIS and an IS?

Pkg Acc Infor Systems MS VISIO CD

Floress Catering purchased equipment that cost 2,500, but it was recorded as 520. Which of the following is cor...

College Accounting (Book Only): A Career Approach

Some economists have argued that, because domestic consumers gain more from free trade than domestic producers ...

Economics (MindTap Course List)

Suppose an investigator finds that the prices charged for drugs at a hospital are higher than the prices charge...

Economics For Today

A change in the labor market can change the equilibrium amount of labor employed, thus leading to a change in R...

Macroeconomics

A firm maximizes its total revenue. Does it automatically maximize its profit too? Why or why not?

Microeconomics

Internal controls All-Around Sound Co. discovered a fraud whereby one of its front office administrative employ...

Corporate Financial Accounting

The main office of a large bank has an annual turnover of 500 office workers. As an employment officer of this ...

PAYROLL ACCT.,2019 ED.(LL)-TEXT

Financial leverage Costco Wholesale Corporation (COST) and Wel-Mart Stroes Inc. (WMT)reported the following dat...

Survey of Accounting (Accounting I)

Refer to Cornerstone Exercise 15.3. Choctaw Company provides the following additional information so that total...

Cornerstones of Cost Management (Cornerstones Series)

Describe the types of information and data that supply management may share with different internal and externa...

Purchasing and Supply Chain Management

The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars) through credit...

Practical Management Science

The following is from an article titled After the Workout, Got Chocolate Milk? that appeared in the Chicago Tri...

Introduction To Statistics And Data Analysis

Describe the homogeneity of variance assumption and explain why it is important for the independent- measures t...

Statistics for The Behavioral Sciences (MindTap Course List)

A population has a mean of 40. a. If 5 points are added to each score, what is the value for the new mean? b....

Essentials of Statistics for The Behavioral Sciences (MindTap Course List)

As the director of the local Boys Club, you have claimed for years that membership in your club reduces juvenil...

Essentials Of Statistics

What elements are required for a single-case research study to qualify as an experiment?

Research Methods for the Behavioral Sciences (MindTap Course List)

Explain the general advantages and disadvantages of between-subjects design compared to within-subjects design.

Research Methods for the Behavioral Sciences (MindTap Course List)

Critical Thinking Suppose you took random samples from three distinct age groups. Through a survey, you determi...

Understanding Basic Statistics

Car Fuel Efficiencies. The U.S. Department of Energys Fuel Economy Guide provides fuel efficiency data for cars...

Essentials Of Statistics For Business & Economics

In Exercises 15 to 18, find the midpoint of the line segment P1P2-. P1=1,0,2 and P2=0,5,9

Elementary Geometry For College Students, 7e

Finding a Limit In Exercises 11-30, find the limit (if it exists). If it does not exist, explain why. limx2+(2x...

Calculus (MindTap Course List)

Warning Circuits The circuits shown in Excursion Exercises 15 and 16 include a switching network, a warning Lig...

Mathematical Excursions (MindTap Course List)

Finding Slope and Concavity In Exercises 9-18, find dy/dx and d2y/dx2, and find the slope and concavity (if pos...

Calculus of a Single Variable

Divide the following fractions and reduce to lowest terms.
22.

Contemporary Mathematics for Business & Consumers

Use the guidelines of this section to sketch the curve. y=sinx+3cosx, 2 x 2

Calculus: Early Transcendentals

Let f(x)=a0+a1x++an1xn1+xn be a monic polynomial of positive degree n with coefficients that are all integers. ...

Elements Of Modern Algebra

Find the values of p for which the series is convergent. 30. n=31nlnn[ln(lnn)]p

Single Variable Calculus

Show that if we want to approximate the sum of the series n=1n1.001 so that the error is less than 5 in the nin...

Multivariable Calculus

For Problems 2738, determine the indicated functional values.Objective 2 If f(x)=1x and g(x)=2x1, find (fg)(2) ...

Intermediate Algebra

Determine whether the given expression is a polynomial. If so, tell whether it is a monomial, a binomial, or a ...

College Algebra (MindTap Course List)

In Exercises 9 to 12, use the Law of Sines or the Law of cosines to find the indicated length of side or angle ...

Elementary Geometry for College Students

Convert the expressions in Exercises 6584 to power form. xx

Finite Mathematics and Applied Calculus (MindTap Course List)

Reminder round all answers to two decimal places unless otherwise indicated. Growth in HeightThe following grap...

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

Graphing a Function Use the graph of f(x) = |x| below to sketch the graph of each function. (a)y=| x |+3(b)y=-|...

Calculus: An Applied Approach (MindTap Course List)

In Exercises 1-8, refer to the following matrices, and perform the indicated operations. Round your answers to ...

Finite Mathematics for the Managerial, Life, and Social Sciences

Representing a Graph by Vector-Valued Function In exercises 55-62 sketch the space curve represented by the int...

Multivariable Calculus

Using Parametric Equations In Exercises 23-34, use a graphing utility to graph the curve represented by the par...

Calculus: Early Transcendental Functions

Solving by Factoring Find all real solutions of the equation by factoring. 50. 2y2 + 7y + 3 = 0

Precalculus: Mathematics for Calculus (Standalone Book)

Prove the third law of logarithms. Hint: Start by showing that both sides of the equation have the same derivat...

Calculus (MindTap Course List)

For each equation below, first identify the amplitude and period and then use this information to sketch one co...

Trigonometry (MindTap Course List)

In Exercises 39-50, sketch the graph of the function with the given rule. Find the domain and range of the func...

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

In Exercises 1-20, construct a truth table for the symbolic expression. (qp)(rp)

Mathematics: A Practical Odyssey

Evaluating a Definite Integral In Exercises 9-34, evaluate the definite integral. Use a graphing utility to ver...

Calculus: Early Transcendental Functions (MindTap Course List)

Change each hexadecimal number to decimal form: 7B

Elementary Technical Mathematics

True or False:
If converges and converges, then converges.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

[Type here]
In Problems 23-26, the inverse of matrixis given. Use the inverse to solve for.
25. Solve
[Type...

Mathematical Applications for the Management, Life, and Social Sciences

Find dimension x. All dimensions are in millimeters

Mathematics For Machine Technology

If F(x) = f(g(x)), where f(2) = 8, f(2) = 4, f(5) = 3, g(5) = 2, and g(5) = 6, find F(5).

Single Variable Calculus: Early Transcendentals

Let S be the surface of the closed cylindrical “half can” and F(x, y, z) = 2xy2i + xz2j + yzk. Write a triple i...

Study Guide for Stewart's Multivariable Calculus, 8th

In 33-39(a) rewrite the statement formally using quantifiers and variables, and (b) write a negation for the st...

Discrete Mathematics With Applications

Convert the expressions in Exercises 8596 radical form. 22/3

Applied Calculus

Solve the inequality in terms of intervals and illustrate the solution set on the real number line. 36. x3 + 3x...

Single Variable Calculus: Early Transcendentals, Volume I

How much time does it take to navel to work? Table 1.36 shows the mean commute time by state for workers at lea...

Introductory Statistics

A mail-order catalog firm designed a factorial experiment to test the effect of the size of a magazine advertis...

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

Solve 12x+711. Then graph the solution set.

College Algebra

For the following exercises, find a.the area of the region, b.the volume of the solid when rotated around the x...

Calculus Volume 2

In Problems 13 and 14, x = 0 is a regular singular point of the given differential equation. Use the general fo...

A First Course in Differential Equations with Modeling Applications (MindTap Course List)