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Author Question: In a recent survey about appliance ownership, 58.3% of the respondents indicated that they own ... (Read 70 times)

Rafic Kaaki

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on: Mar 25, 2023

In a recent survey about appliance ownership, 58.3% of the respondents indicated that they own Maytag appliances, while 23.9% indicated they own both Maytag and GE appliances and 70.7% said they own at least one of the two appliances.

Define the events as
M = Owning a Maytag appliance
G = Owning a GE appliance

a.What is the probability that a respondent owns a GE appliance?
b.Given that a respondent owns a Maytag appliance, what is the probability that the respondent also owns a GE appliance?
c.Are events "M" and "G" mutually exclusive? Why or why not? Explain, using probabilities.
d.Are the two events "M" and "G" independent? Explain, using probabilities.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by Rafic Kaaki on Mar 25, 2023

latoyia.cook

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Reply #1 on: Mar 25, 2023
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Rafic Kaaki

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Reply 2 on: Mar 25, 2023
Wow, this really help

Jossy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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