A bank has the following data on the gender and marital status of 200 customers.
Male
Female
Single20
30
Married100
50
?
a.What is the probability of finding a single female customer?b.What is the probability of finding a married male customer?c.If a customer is female, what is the probability that she is single?d.What percentage of customers is male?e.If a customer is male, what is the probability that he is married?f.Are gender and marital status mutually exclusive?g.Is marital status independent of gender? Explain using probabilities.
What will be an ideal response?
?
a. | 0.15 |
b. | 0.5 |
c. | 0.375 |
d. | 60% |
e. | 0.833 |
f. | No, the intersection is not zero. |
g. | They are not independent because P(male) = 0.6 P(male?single) = 0.4 |
You might also like to view...
A trial balance that balances provides proof that all transactions were correctly journalized and posted to the ledger
a. True b. False Indicate whether the statement is true or false
Which of the following best describes the use of focus groups in market research?
A) These are research techniques in which researchers immerse themselves into consumers' lives to understand them better. B) These are research instruments to gather data (generally quantitative) over a large population of potential customers. C) These are research techniques used to watch people's actual behaviors in the context of their natural environment. D) These are research techniques used to gather opinions of carefully chosen individuals about a topic.
Which of the following is not a goal of U.S. labor law?
A. To balance efficiency, equity, and voice. B. To strike a balance between property rights and labor rights. C. To create a peaceful means for settling labor and employer disputes. D. To ensure that property and individual rights are given precedence over labor's rights.
Corporations are allowed a deduction for charitable contributions, limited to 10 percent of taxable income before the deduction.
Answer the following statement true (T) or false (F)