Essays Tagged: "Conditional probability"

OUTLINE of Chapter 4 text - Elementary Statistics: A Brief Version (A. Bluman 3rd Ed., 2003)

the addition rules.Find the probability of compound events using the multiplication rules.Find the conditional probability of an event.Determine the number of outcomes of a sequence of events using a ... two events are independent, the probability of both occurring is:Multiplication Rules (cont'd.)The conditional probability of an event B in relationship to an event A is the probability that event B ...

(5 pages) 79 0 4.3 Jan/2006

Subjects: Science Essays > Mathematics

Applied Statistics in Business and Economics Quiz 2 With Instructor Notes

lity of event A occurring given event B has occurred is an example ofA) a marginal probability.B) a conditional probability.C) a joint probability.D) the intersection of two probabilities.Answer: B4. ... 4000D) 300/500Answer: AP ( Call is long distance ) = = 0.37516. If a call is sampled at random, the conditional probability that the call is not "5+" minutes long given that it is a long distance call ...

(7 pages) 90 0 5.0 Aug/2009

Subjects: Science Essays > Mathematics

Decision Theory

(X=0/ p=0.35) = (2/0) x (0.35)^0 x (0.65)^2 = 0.4225 X = 0 State Prior probability Conditional probability of sample outcome given state Intersection of state and sample outco ... P (X=1/ p=0.35) = (2/1) x (0.35)^1 x (0.65)^1 = 0.455 X = 1 State Prior probability Conditional probability of sample outcome given state Intersection of state and sample outco ...

(3 pages) 13 0 0.0 Aug/2001

Subjects: Businesss Research Papers