getting a sum of 1?
This is impossible so P(1) = 0
getting a sum of 5?
getting a sum of 12?
Are living below the poverty line and speaking a foreign language at home disjoint?
Yes
Draw a Venn diagram summarizing the variables and their associated probabilities.
## (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 Matrix
## Foreign Language English Total
## Below Poverty 4.2 10.4 14.6
## Above Poverty 16.5 68.9 85.4
## Total 20.7 79.3 100.0
What percent of Americans live below the poverty line and only speak English at home?
10.4%
What percent of Americans live below the poverty line or speak a foreign language at home?
31.1% (14.6% live below poverty line + 20.7% speak foreign language - 4.2% both)
What percent of Americans live above the poverty line and only speak English at home?
68.9%
Is the event that someone lives below the poverty line independent of the event that the person speaks a foreign language at home?
Yes
Frequency Matrix
## Hardcover Paperback Total
## Fiction 13 59 72
## Nonfiction 15 8 23
## Total 28 67 95
Find the probability of drawing a hardcover book first then a paperback fiction book second when drawing without replacement.
28/95 * 59/94 = 18.5%
Determine the probability of drawing a fiction book first and then a hardcover book second, when drawing without replacement.
72/95 * 27/94 = 21.8%
Calculate the probability of the scenario in part (b), except this time complete the calculations under the scenario where the first book is placed back on the bookcase before randomly drawing the second book.
72/95 * 28/95 = 22.3%
The final answers to parts (b) and (c) are very similar. Explain why this is the case.
Because they are very similar situations, you’re just adjusting adding 1 to the numerator and denomenator of one of the factors.
Probability Model
## No Bags 1 Bag 2 Bags
## x 0.00 25.00 60.00
## P(X) 0.54 0.34 0.12
## x*P(X=x) 0.00 8.50 7.20
## x-mu -15.70 9.30 44.30
## (x-mu)^2 246.46 86.49 1962.49
## (x-mu)^2*P(X(X=x)) 133.10 29.41 235.50
Standard Deviation = square root of $235.50 = $19.95
About how much revenue should the airline expect for a flight of 120 passengers?
$1,884
With what standard deviation? Note any assumptions you make and if you think they are justified.
Assuming that 54% / 34% / 12% equate to 54 of 100, 34 of 100, 12 of 100 you should just be able to multiply the SD for 100 passangers by 1.2 in order to get the SD for the larger data set.