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Author Question: Assume you are taking two courses this semester (A and B). The probability that you will pass course ... (Read 87 times)

jeatrice

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on: Jun 24, 2018
Assume you are taking two courses this semester (A and B). The probability that you will pass course A is 0.835, the probability that you will pass both courses is 0.276 . The probability that you will pass at least one of the courses is 0.981.
 a. What is the probability that you will pass course B?
  b. Is the passing of the two courses independent events? Use probability information to justify your answer.
  c. Are the events of passing the courses mutually exclusive? Explain.

Question 2

The overall goal of portfolio models is to create a portfolio that provides the best balance between
 a. short-term and long-term investments.
  b. gains and losses.
  c. risk and return.
  d. liquidity and stability.


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elyse44

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 0.422
b. No, P(AB) = 0.654  P(A)
c. No, the intersection is not zero.

Answer to Question 2

c


jeatrice

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

cam1229

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Reply 3 on: Yesterday
Excellent

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