This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The probability of an economic decline in the year 2008 is 0.23 . There is a probability of 0.64 ... (Read 50 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
on: Jun 24, 2018
The probability of an economic decline in the year 2008 is 0.23 . There is a probability of 0.64 that we will elect a republican president in the year 2008 . If we elect a republican president, there is a 0.35 probability of an economic decline. Let D represent the event of an economic decline, and R represent the event of election of a Republican president.
 a. Are R and D independent events?
  b. What is the probability of a Republican president and economic decline in the year 2008?
  c. If we experience an economic decline in the year 2008, what is the probability that there will a Republican president?
  d. What is the probability of economic decline or a Republican president in the year 2008? Hint: You want to find P(D  R).

Question 2

A requirement that two 0-1 variables both be either in or out of a solution together is a
 a. k out of n alternatives constraint
  b. conditional constraint
 c. mutually exclusive constraint
 d. corequisite constraint


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. No, because P(D)  P(D  R)
b. 0.224
c. 0.9739
d. 0.646

Answer to Question 2

d


jrubin

  • Member
  • Posts: 552
Reply 2 on: Jun 24, 2018
Gracias!

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Population Density versus Economic Growth Population Density versus Economic Growth
economic question economic question
economic question economic question
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library