Concept explainers
Lauren drinks a variety of soft drinks. Over the past month, she has had
- Given this history, what is the
probability that her next drink will be a diet cola? Lemonade? Root beer? - What definition of probability did you use to answer this question?
(a)
![Check Mark](/static/check-mark.png)
To find the probability that her next drink will be on diet cola, lemonade, root beer respectively, given the history in question.
Answer to Problem 1PE
Explanation of Solution
As we know that the probability of the outcome is the probability of the favorable outcomes divided by the probability of the total outcomes.
It is given in the question that,
The number of cans of Diet Colas are
The number of cans of Lemonade are
The number of Root Beer are
Thus, the total number of outcomes are
Therefore,
P(Diet Colas)
(b)
![Check Mark](/static/check-mark.png)
To define the definition of probability that we use to answer this question.
Explanation of Solution
The probability used in this question is based on the prior results. Therefore, this is the case of Empirical probability.
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Chapter 5 Solutions
Business Analytics, Loose-leaf Edition (3rd Edition)
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- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
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