is the probability that both outcomes are heads? Explain. Ans. P(H) = 1/2 Probability of 2 heads = 1/2 x 1/2 = 1/4 Q.2 Suppose that 25% of the population in a given area is exposed to a television commercial on Ford automobiles‚ and 34% is exposed to Ford’s radio advertisements. Also‚ it is known that 10 % of the population is exposed to both means of advertising. If a person is randomly chose out of the entire population on this area‚ what is the probability that he
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support recreation and tourism all over the world. At a fundamental level‚ marine life helps determine the very nature of our planet. Marine organisms contribute significantly to the oxygen cycle‚ and are involved in the regulation of the Earth’s climate. Shorelines are in part shaped and protected by marine life‚ and some marine organisms even help create new land. Many species are economically important to humans‚ including Nylon Shells (Phapia undulata). It is also becoming understood that the well-being of marine
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The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where chairman Ramalinga Raju confessed that the company’s accounts had been falsified. The Global corporate community was shocked and scandalised when the chairman of Satyam‚ Ramalinga Raju resigned on 7 January 2009 and confessed that he had manipulated the accounts by US$1.47-Billion. Contents [hide] 1 Role of Auditors 2 Aftermath 3 New CEO and special advisors 4 Acquisition by Mahindra Group
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EPGDIB 2014-16 Business statistics class exercise 1 Business application problems of probability Q1)Arthur Anderson enterprise group /National small business united ‚Washington conducted a national survey of small business owners to determine the challenges for growth for their businesses. The top challenge selected by 46% of the small business owners was the economy. A close second was finding qualified workers (37%) .Suppose 15% of the small
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uniformly distributed over (0‚ 10)‚ calculate the probability that a. X < 3 (Ans: 3/10) b. X > 6 (Ans: 4/10) c. 3 < X < 8. (Ans: 5/10) 2. Buses arrive at a specified stop at 15-minute intervals starting at 7 AM. That is‚ they arrive at 7‚ 7:15‚ 7:30‚ 7:45‚ and so on. If a passenger arrives at the stop at a time that is uniformly distributed between 7 and 7:30‚ find the probability that he waits d. Less than 5 minutes for a
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KINDS OF DEFECTIVE CONTRACTS 1. Recessible Contracts 2. Voidable Contracts 3. Unenforceable Contracts 4. Void or Inexistent Contracts Rescissible (Article 1380-1389) Voidable (Article 1390-1402) Unenforceable (Article 1403-1408) Void ( Article 1409 -1422) ALL essential requisites of a contract exist. All the essential requisites of a contract exist All essential requisites exist but unenforceable due All or some of the essential requisites to non-compliance with statutory requirements
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the use of statistics and the study of probability. He gives us historical background on the development of probability studies tied to games of chance; basic ideas of probability that are part of our mental arsenal and can be used in all kinds of unexpected situations; implications on statistics. First of all‚ he talks about that probabilities take their place in every part of our life‚ how can we put statistics in our life‚ how can we calculate the probability‚ which is born in the study of games
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6.4 Dependent and Independent Events McGraw-Hill Ryerson Mathematics of Data Management‚ pp. 327–335 1. Classify each of the following pairs of events as either dependent or independent. First Event Second Event a) having blue eyes having a special musical talent b) graduating high school gaining entrance into college c) giving birth to a male child giving birth to a second male child d) passing a police cruiser while speeding obtaining a speeding ticket e) drawing an ace from
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PROBABILITY and MENDELIAN GENETICS LAB Hypothesis: If we toss the coin(s) for many times‚ then we will have more chances to reach the prediction that we expect based on the principle of probability. Results: As for part 1: probability of the occurrence of a single event‚ the deviation of heads and tails of 20 tosses is zero‚ which means that the possibility of heads and tails is ten to ten‚ which means equally chances. The deviation of heads and tails of 30 tosses is 4‚ which means that the
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BBA (Fall - 2014) Business Statistics Theory of Probability Ahmad Jalil Ansari Business Head Enterprise Solution Division Random Process In a random process we know that what outcomes or events could happen; but we do not know which particular outcome or event will happen. For example tossing of coin‚ rolling of dice‚ roulette wheel‚ changes in valuation in shares‚ demand of particular product etc. Probability It is the numeric value representing the chance‚ likelihood‚ or possibility
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