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.
Posted: Thu Jul 14, 2022 4:51 pm
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?