Search Results: 'conditional probability'

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69 results for "conditional probability"
Prior, Conditional and Posterior Probability By Homework Help Classof1
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"A consulting firm submitted a bid for a large research project. The firm’s management initially felt they had a 50/50 chance of getting the project. However, the agency to which the bid... More > was submitted subsequently requested additional information on the bid. Past experience indicates that for 75% of the successful bids than 40 % of the unsuccessful bids the agency requested additional information. a. What is the prior probability of the bid being successful (that is , prior to the request for additional information)? b. What is the conditional probability of a request for additional information given that the bid will ultimately be successful. c. Compute the posterior probability that the bid will be successful given a request for additional information. "< Less
Calculation of Conditional Probabilities of an Event By Homework Help Classof1
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"a) What is the probability that the machine is in adjustment? b) The first unit produced after the calibration effort to be found to be defective. What is the probability that machine is in... More > adjustment? "< Less
Conditional and Compound Probabilities By Homework Help Classof1
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"The table below gives the distribution of blood types by gender in a group of 1000 individuals. Answers for parts a through f can be stated as fractions, such as 5/7, or as decimals) A person... More > is selected at random from the group. Find the required probability. Show work for each part."< Less
Addition and Complementary Law of Probability By Homework Help Classof1
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"A survey of adults found the following: 65% of the adults drink coffee. 35% drink tea. 80% drink coffee or tea (or both). If we choose a surveyed adult at random, find the required... More > probability. Show some work for each part. A diagram can be helpful. "< Less
Elementary Concepts of Probability & Statistics By Roes Budiman, Deborah Gaffney
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This book provides a concise exposition of probability and statistics concepts for undergraduate engineering students. It is achieved by presenting the concepts as coherent stories stitched together... More > by appropriate mathematics without unnecessary formality. There are exercise problems at the end of each chapter. It starts with notions of probability: statistical independence, conditional probability, Venn diagram, Bayes' theorem, and then continues to discrete and continuous probability distributions: binomial, negative binomial, Poisson, beta, normal, gamma, Weibull. They are followed by confidence intervals and hypothesis tests. Central limit theorem and chi-square distribution function are derived in details. The last chapter covers parameter estimators. This textbook offers a fresh alternative to more bulky undergraduate-level textbooks that strive to be complete vessels of information: too many formulas, examples, figures, and exercise problems.< Less
Elementary Concepts of Probability & Statistics By Roes Budiman, Deborah Gaffney
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This book provides a concise exposition of probability and statistics concepts for undergraduate engineering students. It is achieved by presenting the concepts as coherent stories stitched together... More > by appropriate mathematics without unnecessary formality. There are exercise problems at the end of each chapter. It starts with notions of probability: statistical independence, conditional probability, Venn diagram, Bayes' theorem, and then continues to discrete and continuous probability distributions: binomial, negative binomial, Poisson, beta, normal, gamma, Weibull. They are followed by confidence intervals and hypothesis tests. Central limit theorem and chi-square distribution function are derived in details. The last chapter covers parameter estimators. This textbook offers a fresh alternative to more bulky undergraduate-level textbooks that strive to be complete vessels of information: too many formulas, examples, figures, and exercise problems.< Less
Calculation of Probabilities Using Binomial Distribution By Homework Help Classof1
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According to Best buy, 2/3 citizens have iPods. In a randomly selected group of 3 iPod owners, what is the probability that all 3 would have iPods from best buy? Or at least one would have iPod from... More > best buy?< Less
MATHEMATICS: GCSE Additional Paper 2: Statistics and Probability By Rosaline O'Toole
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This book (36 pages) contains the level of Statistics and Probability required for GCSE Additional Mathematics Paper 2 (years 11/12) and GCE Advanced Subsidiary Statistics 1 (year 13). It contains a... More > wealth of worked examples, including past paper questions from CCEA and Edexcel examining boards.< Less
Estimation of Standard Deviation of Returns from a Probability Distribution By Homework Help Classof1
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An analyst believes that economic conditions during the next year will be either Strong, Normal, or Weak, and she thinks that the Corrigan Company's returns will have the following probability... More > distribution. What's the standard deviation of Corrigan's returns as estimated by this analyst?< Less
Forecasting Zero: U.S. Nuclear History and the Low Probability of Disarmament [Enlarged Edition] By Strategic Studies Institute, Jonathan Pearl, U.S. Army War College
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This monograph examines the strategic importance of Egypt for the United States by exploring Egypt's role in the Arab-Israeli peace process, its geographical role (providing air and naval access) for... More > U.S. military assets heading to the Persian Gulf, and joint training programs. With so much at stake in the Middle East, the idea of "losing" Egypt as a strategic ally would be a significant setback for the United States. The Egyptian revolution of early 2011 was welcomed by U.S. officials because the protestors wanted democratic government which conformed to U.S. ideals, and the institution that would shepherd the transition, the Egyptian military, had close ties with the United States. To bolster the U.S.-Egyptian relationship and help keep Egypt on the democratic path, the monograph recommends that U.S. military aid should not be cut, economic aid should be increased, and U.S. administration officials should not oppose congressional conditions tying aid...< Less