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Statistics for Decision- Making in Business - Maricopa Community ...

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f. All numerical red cards are removed, a k<strong>in</strong>g is drawn<br />

g. A red k<strong>in</strong>g is removed, a black k<strong>in</strong>g is drawn<br />

2. An auto <strong>in</strong>surance company f<strong>in</strong>ds that there is an 18% chance that a teenager gets <strong>in</strong>to a<br />

car accident between ages 16 and 19. There is a 34% chance that a teenager gets a traffic<br />

ticket dur<strong>in</strong>g this same age range. They f<strong>in</strong>d that the chance of gett<strong>in</strong>g <strong>in</strong>to a car accident<br />

and gett<strong>in</strong>g a traffic ticket (not necessarily because of the accident) is 10%. (Video<br />

Solution)<br />

a. Based on the probabilities provided, are the two events <strong>in</strong>dependent Per<strong>for</strong>m a<br />

calculation to justify your answer.<br />

b. Given that a teenager gets <strong>in</strong>to an accident, what is the probability that he gets a<br />

traffic ticket<br />

c. Why did the probability change <strong>in</strong> this way, as compared to the unconditional<br />

probability of gett<strong>in</strong>g a traffic ticket<br />

d. Given that a teenager gets a traffic ticket, what is the probability that he gets <strong>in</strong>to<br />

an accident<br />

e. Expla<strong>in</strong>, <strong>in</strong> practical terms, what your answer <strong>in</strong> d) means.<br />

3. Let , , and be events <strong>in</strong> a sample space. Do the follow<strong>in</strong>g: a) expla<strong>in</strong> whether or<br />

not the events are <strong>in</strong>dependent or dependent, and b) answer the questions below regard<strong>in</strong>g<br />

these events with the <strong>in</strong><strong>for</strong>mation provided. Assume the first event listed <strong>in</strong> each<br />

probability statement occurs first (e.g. ( ) means occurs first). (Video<br />

Solution)<br />

a. ( )<br />

b. ( )<br />

c. ( )<br />

( )<br />

( )<br />

( )<br />

( )<br />

( )<br />

( )<br />

4. Gregor Mendel was a monk who, <strong>in</strong> 1865, suggested a theory of <strong>in</strong>heritance based on the<br />

science of genetics. He identified heterozygous <strong>in</strong>dividuals <strong>for</strong> flower color that had two<br />

alleles (one r = recessive white color allele and one R = dom<strong>in</strong>ant red color allele). When<br />

these <strong>in</strong>dividuals were mated, ¾ of the offspr<strong>in</strong>g were observed to have red flowers and<br />

¼ had white flowers. The table summarizes this mat<strong>in</strong>g; each parent gives one of its<br />

alleles to <strong>for</strong>m the gene of the offspr<strong>in</strong>g.<br />

Parent 2<br />

Parent 1 r R<br />

r rr rR<br />

R Rr RR<br />

<strong>Statistics</strong> <strong>for</strong> <strong>Decision</strong>-<strong>Mak<strong>in</strong>g</strong> <strong>in</strong> Bus<strong>in</strong>ess © Milos Podmanik Page 117

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