Consider the Venn diagram in the next column, whereP(E1) = | StudySoup

Textbook Solutions for Statistics for Business and Economics

Chapter 3 Problem 32E

Question

Consider the Venn diagram in the next column, where

\(\begin{array}{l}
P\left(E_{1}\right)=.10, P\left(E_{2}\right)=.05, P\left(E_{3}\right)=P\left(E_{4}\right)=.2, \\
P\left(E_{5}\right)=.06, P\left(E_{6}\right)=.3, P\left(E_{7}\right)=.06, \text { and } \\
P\left(E_{8}\right)=.03 .
\end{array}\)

Find the following probabilities:

a. \(P\left(A^{c}\right)\)

b. \(P\left(B^{c}\right)\))

c. \(P\left(A^{c} \cap B\right)\)

d. \(P(A \cup B)\)

e. \(P(A \cap B)\)

f. \(P\left(A^{c} \cap B^{c}\right)\)

g. Are events A and B mutually exclusive? Why?

Solution

Step 1 of 7

a)

Since \({A^c}\) is the sum of all the sample points not contained in A. Thus, the probability can be determined as,

\(P\left( {{A^c}} \right) = P\left( {{E_3}} \right) + P\left( {{E_6}} \right) + P\left( {{E_8}} \right)\)

\(P\left( {{A^c}} \right) = 0.2 + 0.3 + 0.03\)

\(P\left( {{A^c}} \right) = 0.53\)

Therefore, the probability is determined as 0.53.

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full solution

Title Statistics for Business and Economics  12 
Author James T. McClave, P. George Benson, Terry T Sincich
ISBN 9780321826237

Consider the Venn diagram in the next column, whereP(E1) =

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