4. In a certain game of chance, your chances of winning are 0.2. If you play the game five times and outcomes are independent, the probability that you win at least once is
5. A set of data is found to have a sample standard deviation of 25. Suppose 9 were added to each of the numbers in the data. The standard deviation of the resulting data
6. A consumer group surveyed the prices for a certain item in five different stores, and reported the average price as $15. We visited four of the five stores, and found the prices to be $10,$15, $15, and $25. Assuming that the consumer group is correct, what is the price of the item at the store that we did not visit?
7. Suppose that A and B are two independent events with P(A) = 0.2 and P(B) = 0.4. P(A or B) is:
8. Let the random variable X represent the profit made on a randomly selected day by a certain store. Assume X is normal with a mean of $360 and standard deviation $40.15. The value of P(X > $400) is?
9. An event A will occur with probability 0.4. An event B will occur with probability 0.6. The probability that both A and B will occur is 0.24. We may conclude
1 answer
However, here is a start.
If the events are independent, the probability of both/all events occurring is determined by multiplying the probabilities of the individual events.
Either-or probabilities are found by adding the individual probabilities.