roll a pair of fair dice:
(a) P(sum = 1) = 0
(b) P(sum = 5) = \(\frac{4}{36}\) = \(\frac{1}{9}\)
(c) P(sum = 12) = \(\frac{1}{36}\)
P(A) = P(below poverty line) = 14.6%
P(B) = P(speak foreign language at home) = 20.7%
P(A\(\bigcap\)B) = P(both) = 4.2%
library(VennDiagram)
## Loading required package: grid
## Loading required package: futile.logger
grid.newpage()
draw.pairwise.venn(14.6,20.7,4.2,category = c("Poverty","Foreign"),lty = rep("blank",2),fill = c("light blue","light green"))
## (polygon[GRID.polygon.1], polygon[GRID.polygon.2], polygon[GRID.polygon.3], polygon[GRID.polygon.4], text[GRID.text.5], text[GRID.text.6], text[GRID.text.7], text[GRID.text.8], text[GRID.text.9])
probability model
fee <- c(0,25,35)
P <- c(0.54,0.34,0.12)
revenue <- fee*P
var(revenue)
## [1] 18.06333
sd(revenue)
## [1] 4.250098