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4 Basic Probability

This document contains a survey result about car ownership and household income. It found that 80% of households earning over $50,000 own 2 cars, 60% of surveyed households earn over $50,000, and 70% of households own 2 cars. It then asks the probability that a household earns over $50,000 given they own 2 cars. It also contains practice problems on basic probability concepts like mutually exclusive and collectively exhaustive events.

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32 views

4 Basic Probability

This document contains a survey result about car ownership and household income. It found that 80% of households earning over $50,000 own 2 cars, 60% of surveyed households earn over $50,000, and 70% of households own 2 cars. It then asks the probability that a household earns over $50,000 given they own 2 cars. It also contains practice problems on basic probability concepts like mutually exclusive and collectively exhaustive events.

Uploaded by

ldw40070764
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Assignment

8) According to a survey of American households, the


probability that the residents own 2 cars if annual household
income is over $50,000 is 80%. Of the households surveyed,
60% had incomes over $50,000 and 70% had 2 cars. The
probability that annual household income is over $50,000 if
4. Basic Probability the residents of a household own 2 cars is
A) 0.42. B) 0.48.
C) 0.50. D) 0.69.

MULTIPLE CHOICE
1) If two events are mutually exclusive and collectively
exhaustive, what is the probability that both occur? TRUE/FALSE
a) 0. 9) If P(A) = 0.4 and P(B) = 0.6, then A and B must be
b) 0.50. collectively exhaustive.
c) 1.00.
d) Cannot be determined from the information given.

10) If P(A) = 0.4 and P(B) = 0.6, then A and B must be


2) If two events are collectively exhaustive, what is the mutually exclusive.
probability that both occur at the same time?
A) 0
B) 0.50
C) 1.00 11) If P(A or B) = 1.0, then A and B must be collectively
D) Cannot be determined from the information given exhaustive.

3) If two equally likely events A and B are mutually exclusive,


what is the probability that event A 12) If P(A and B) = 0, then A and B must be mutually
occurs? exclusive.
a) 0.
b) 0.50.
c) 1.00.
d) Cannot be determined from the information given. 13) Suppose A and B are mutually exclusive events where
P(A) = 0.4 and P(B) = 0.5. Then P(A and B) = ________.
4) If two equally likely events A and B are mutually exclusive
and collectively exhaustive, what is the probability that event
A occurs?
A) 0
B) 0.50 SHORT ANSWER
C) 1.00 ---------------------------------------------------------------------------
D) Cannot be determined from the information given Scenario 4-6
---------------------------------------------------------------------------
At a Texas college, 60% of the students are from the southern
5) The collection of all possible events is called part of the state, 30% are from the northern part of the state,
a) a simple probability. and the remaining 10% are from out-of-state. All students
b) a sample space. must take and pass an Entry Level Math (ELM) test. 60% of
c) a joint probability. the southerners have passed the ELM, 70% of the northerners
d) the null set. have passed the ELM, and 90% of the out-of-staters have
passed the ELM.
---------------------------------------------------------------------------
6) When using the general multiplication rule, P(A and B) is
equal to 14) Referring to Scenario 4-6, the probability that a randomly
A) P(A|B)P(B). B) P(A)P(B). selected student is not from southern Texas and has not passed
C) P(B)/P(A). D) P(A)/P(B). the ELM is ________.

7) The employees of a company were surveyed on questions


regarding their educational background (college degree or no
college degree) and marital status (single or married). Of the
600 employees, 400 had college degrees, 100 were single, and 15) Referring to Scenario 4-6, the probability that a randomly
60 were single college graduates. The probability that an selected student has passed the ELM is ________.
employee of the company is married and has a college degree
is
A) 0.0667. B) 0.567.
C) 0.667. D) 0.833.

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