The probability that ticket A will drop in price is 0.78 while the probability that ticket B will drop in price is 0.54.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

The probability that ticket A will drop in price is 0.78 while the probability that ticket B will drop in price is 0.54.

Post by answerhappygod »

The Probability That Ticket A Will Drop In Price Is 0 78 While The Probability That Ticket B Will Drop In Price Is 0 54 1
The Probability That Ticket A Will Drop In Price Is 0 78 While The Probability That Ticket B Will Drop In Price Is 0 54 1 (44.36 KiB) Viewed 42 times
The probability that ticket A will drop in price is 0.78 while the probability that ticket B will drop in price is 0.54. The probability of either or both tickets droppingng in price is 0.89. A= ticket A will drop in price B= ticket B will drop in price Report numeric answers to at least 2 decimal places. Do not convert to percent. 1. Draw a completed Venn diagram and upload it here 1. What is the probability that a) ticket A will not drop in price? P(Aˉ) b) only ticket B will drop in price? P(B∩Aˉ) c) at least one ticket will drop in price? P(A∩B) d) both tickets will not drop in price? P(Aˉ∩Bˉ) e) only one ticket will drop in price (not both)? f) no more than one ticket will drop in price? P(Aˉ∪Bˉ) g) ticket A will drop in price given that ticket B dropped in price? P(A∣B) 2. h) Are A and B mutually exclusive? Why?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply