Question details

Simple Probability: Compute these probabilities 2
$ 4.00

 

 

1. Simple Probability:

 

Compute these probabilities:

a. The probability of rolling the number 6 using one die.

b. The probability of rolling the number 6 twice in 2

rolls using only one die.

c. If the probability of seeing a male house finch at a

birdfeeder is .45 and the probability of seeing a

female house finch is .35; what is the probability of

seeing, first a male house finch, then a female house

finch, and finally another male house finch?

d. There are only 2 type of Pokemon: rare and

common.  If the probability of finding a rare

Pokemon at a Pokestop is .05, what is the probability

that the first 8 Pokemon that you find are common,

and then you find one rare Pokemon at a Pokestop

that has a lure attached to it.  Assume that you will

find at least 9 Pokemon in the 30 minutes that the

lure is attached.

 

2. Joint Probability:

 

An apple juice bottling company maintains records

concerning the number of unacceptable bottles of juice

obtained from the filling and capping machines.  Based on

past data, the probability that a bottle came from machine I

and was nonconforming is 0.05 and the probability that a

bottle came from machine II and was nonconforming is

0.075.  These probabilities represent the probability of one

bottle out of the total sample having the specified

characteristics.  Half the bottles are filled on machine I and

the other half are filled on machine II.

 

Compute:

a. If a filled bottle is selected at random, what is the

probability that it is a nonconforming bottle?

 

 

 

b. If a filled bottle is selected at random, what is the

probability that it was filled on machine II?

c. If a filled bottle is selected at random, what is the

probability that it was filled on machine I and is a

conforming bottle?

 

3. Lottery Probability:

 

Suppose that there is a lottery where you select 3

different numbers between 0 and 9.  A digit cannot be

selected twice so you can select 123 but not 112.

 

a. How many different three digit numbers are possible?

b. If you buy one ticket, what is the likelihood you will

win?

c. If you buy 3 tickets, what is the likelihood you will lose?

 

4. Probability using the z test:

 

According to Investment Digest ("Diversification and the

Risk/Reward Relationship", Winter 1994, 1-3), the mean of

the annual return for common stocks from 1926 to 1992

was 15.4%, and the standard deviation of the annual return

was 21.5%.  During the same 67-year time span, the mean

of the annual return for long-term government bonds was

5.5%, and the standard deviation was 7.0%.  The article

claims that the distributions of annual returns for both

common stocks and long-term government bonds are bell-

shaped and approximately symmetric.  Assume that these

distributions are distributed as normal random variables with

the means and standard deviations given previously. 

 

Here is a link to the z table:

http://www.statsoft.com/textbook/sttable.html

 

a. What is the probability that the stock returns are

greater than 0%?

 

 

 

 

b. What is the probability that the stock returns are less

than 20%? 

Category: Education, General
Available solutions
  • Simple Probability: Compute these probabilities
    $4.00

    1. Simple Probability: Compute these probabilities: a. The probability of rolling the number 6 using one die. b. The probability of rolling the number

    Submitted on: 24 Oct, 2016 04:08:22 This tutorial has not been purchased yet .