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Business Statistics (BUS 505) Assignment 6 
Answer to the question no -34 
1 
Let, 
Ai = Frequency of Unit [i = 1, 2, 3….] 
Bj = Purchase of generic products [j = 1, 2, 3….] 
a. P(A1 ) 1B  = P(A1) P(B1) 
= .19 .79 
= .12 
b. ( A1│B3) = 
P A  B 
( 1 3) 
P ( B 
3) 
.19 
= 
.27 
=.7037 
c. ( A1│B3) = P(A1) P(B3) 
.19 = .79 .27 
.19 ≠ .2133 
So, they are not statistical independent. 
d. (B1│A2) = 
P B  A 
( 1 1) 
P ( A 
2) 
= 
07. 
21 . 
=.333 
e. P(B1 ) 2A  =P(B1) P(A1) 
.07 = .19 .21 
.07 ≠ .0399 
So, they are not statistical independent. 
f. P(A1) = P(B1)+P(B2)+P(B3) 
=.12+.48+.19 
=.79 
g. P (B3) = P (A1) +P (A2) 
= .19+.08 
=.27 
h. P (A1B3) =P(A1)+P(B3)- P(A1 B3) 
= .79+.27-.19 
=.87 
FREQUENCY 
OF VISIT 
PURCHASE OF GENERIC PRODUCT 
OFTEN(B1) SOMETIMES(B2) NEVER(B3) 
TOTAL 
Frequent(A1) .12 .48 .19 .79 
Infrequent(A2) .07 .06 .08 .21 
TOTAL .19 .54 .27 1.00
Business Statistics (BUS 505) Assignment 6 
Answer to the question no -36 
2 
Let, 
Ai =Traded Stock [i = 1, 2, 3….] 
Bj =Read Business section [j = 1, 2, 3….] 
a. P (B3) =P (A1) +P (A2) 
=.04+.21 
=.25 
b. P (A1) =.18+.10+.04 
=.32 
c. P (A1│B3) = 
P A  B 
( 1 2) 
P ( B 
2) 
= 
04. 
25. 
=.16 
d. P (B3│A1) = 
P B  A 
( 3 1) 
P ( A 
1) 
= 
04. 
32. 
=.125 
e. Does not read regularly= P ( 1B ) = 1- P (B1) 
=1-.34 
= .66 
P (A1│ 1B ) = 
P A  B 
( 1 1) 
P ( B 
1) 
We Know, P (A1) =P (A1  B1) +P (A1  1B ) 
.32 =.18 + P (A1 1 B ) 
P (A1  1B ) = .32-.18 =.14 
P (A1 1 B ) = 
14. 
66. 
=.212 
Traded 
Stock 
READ BUSSINESS SECTION 
Regular (B1) Occasional(B2) Never (B3) Total 
Yes (A1) .18 .10 .04 .32 
No (A2) .16 .31 .21 .68 
Total .34 .41 .25 1.00
Business Statistics (BUS 505) Assignment 6 
Answer to the question no -37 
PART SUBCONTRACTOR 
A(B1) B(B2) C(B3) Total 
Good(A1) .27 .30 .33 .90 
Defective 
3 
(A2) 
.02 .05 .03 .10 
Total .29 .35 .36 1.00 
Let, Ai=Particular Sensitive part [i = 1, 2, 3….] 
Bj =Subcontractor [j = 1, 2, 3….] 
a. P(A2)= .02+.05+.03 
=.10 
b. P (B2) = .30+.05 
= .35 
c. P (A2│B2) = 
B A P  
) 2 2 ( 
B P 
) 2 ( 
05. 
= 
35. 
=.1428 
d. P(B2│A2)= 
A B P  
) 2 2 ( 
A P 
) 2 ( 
= 
05. 
10. 
=.5 
e. P(A1  B2)=P(A1)P(B1) 
= .90 .29 
.27≠ .261 
So, they are not Statistical independent. 
f. P(A│G)= 
P AG 
( ) 
P ( G 
) 
= 
27 . 
9. 
=.30 
P (B│G) = 
P B G 
( ) 
P ( G 
) 
= 
30. 
9. 
=.33 
P (C│G) = 
P C G 
( ) 
P ( G 
) 
= 
33. 
.9 
=.37 
In terms of quality subcontractor C is most reliable. 
Answer to the question no -38 
Worked 
Problem 
EXPECTED GRADE 
A(B1) B(B2) C(B3) Below C(B4) Total 
YES (A1) .12 .06 .12 .02 .32 
NO (A2) .13 .21 .26 .08 .68 
Total .25 .27 .38 .10 1.00 
Let, Ai = Workers related problem [i = 1, 2, 3….] 
Bj = Expected grade [j = 1, 2, 3….]
Business Statistics (BUS 505) Assignment 6 
4 
a. P (A1) =.12+.06+.12+.02 
= .32 
b. P (B1) =.12+.13=.25 
c. P (B1│A1) = 
A B P  
) 1 1 ( 
A P 
) 1 ( 
= 
12. 
32. 
=.375 
d. P (A1│B1) = 
B A P  
) 1 1 ( 
B P 
) 1 ( 
12. 
= 
25. 
=.48 
e. Let, R Denotes the Event “Students who worked additional hours expected a Grade 
below A” 
 P (R│Y) = 
Y R P  
( ) 
Y P 
( ) 
[P(R) =P(C  Y) +P(X<C Y) 
14. 
= 
32. 
=.12+.02 
=.14 P(R  Y) =.14 
f. P (A1  B1) =P (A1) P (B1) 
.12 = .32 .25 
.12 ≠ .08 
So, they are not statistically independent. 
Answer to the question no -41 
Let, 
A denotes the event “A campus student club member of men who receive the material.” 
B denotes the event “A campus student club member of women who receive the 
material.” 
C denotes the event “A campus student club member of student who joins the club.” 
So, P (A) = .40 P (B) = .60 
P(C  A) = .07 and P(C B) = .09 
a) P(C) = P(C  A) + P(C B) = .07 + .09 = .16 
b) 
P B C 
( ) 
( ) 
( / ) 
P C 
P B C 
 
 = 
09. 
16. 
= .5625
Business Statistics (BUS 505) Assignment 6 
Answer to the question no -42 
A P 
) ( ) P(B/A 2 2 
5 
Let, 
1A denotes the event, “Interest rate in next year will be more than 1% than this year.” 
2A denotes the event, “Interest rate in next year will be more than 1% lower than this 
year.” 
3 A denotes the event, “Interest rates next year within 1% than this year.” 
B denotes the event, “Significant earnings growth in the next year.” 
So, P ( 1A ) = .25 P ( 2A ) = .15 P( 3A ) = 1-[ P ( 1A )+P ( 2A )] = .60  
P (B/ 1A ) = .10 P(B/ 2A ) = .80 P(B/ 3A ) = .50 
a) P ( 1A  B) = P(B/ 1A ) P ( 1A ) = .10  .25 = .025 
b) P(B) = P ( 1A  B) + P( 2A  B) + ( 3A  B) 
= P(B/ 1A ) P ( 1A ) + P(B/ 2 A ) P ( 2 A ) + P(B/ 3 A ) P( 3 A ) 
= .1  .25 + .8  .15 + .5  .60 = .445 
c) P ( 2A /B) = 
B A P  
( ) 2 
B P 
( ) 
= 
B P 
( ) 
= 
12. 
445. 
= .270 
Answer to the question no -43 
Let, 
A denotes the event, “Blue-collar employees modified health care plan.” 
B denotes the event, “Blue-collar employees a proposal to change the work schedule.” 
P (A) = .42 P(B) = .22 and P(B/A) = .34 
a) P (A  B) = P(B/A) P (A) = .34  .42 = .1428 
b) P(A ) B  = P(A) + P(B) - P (A B) 
= .42 + .22 - .1428 = .4972 
c) P(A/B) = 
P A B 
( ) 
P ( B 
) 
= 
.1428 
.22 
= .649

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Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
 

Statistics assignment 6

  • 1. Business Statistics (BUS 505) Assignment 6 Answer to the question no -34 1 Let, Ai = Frequency of Unit [i = 1, 2, 3….] Bj = Purchase of generic products [j = 1, 2, 3….] a. P(A1 ) 1B  = P(A1) P(B1) = .19 .79 = .12 b. ( A1│B3) = P A  B ( 1 3) P ( B 3) .19 = .27 =.7037 c. ( A1│B3) = P(A1) P(B3) .19 = .79 .27 .19 ≠ .2133 So, they are not statistical independent. d. (B1│A2) = P B  A ( 1 1) P ( A 2) = 07. 21 . =.333 e. P(B1 ) 2A  =P(B1) P(A1) .07 = .19 .21 .07 ≠ .0399 So, they are not statistical independent. f. P(A1) = P(B1)+P(B2)+P(B3) =.12+.48+.19 =.79 g. P (B3) = P (A1) +P (A2) = .19+.08 =.27 h. P (A1B3) =P(A1)+P(B3)- P(A1 B3) = .79+.27-.19 =.87 FREQUENCY OF VISIT PURCHASE OF GENERIC PRODUCT OFTEN(B1) SOMETIMES(B2) NEVER(B3) TOTAL Frequent(A1) .12 .48 .19 .79 Infrequent(A2) .07 .06 .08 .21 TOTAL .19 .54 .27 1.00
  • 2. Business Statistics (BUS 505) Assignment 6 Answer to the question no -36 2 Let, Ai =Traded Stock [i = 1, 2, 3….] Bj =Read Business section [j = 1, 2, 3….] a. P (B3) =P (A1) +P (A2) =.04+.21 =.25 b. P (A1) =.18+.10+.04 =.32 c. P (A1│B3) = P A  B ( 1 2) P ( B 2) = 04. 25. =.16 d. P (B3│A1) = P B  A ( 3 1) P ( A 1) = 04. 32. =.125 e. Does not read regularly= P ( 1B ) = 1- P (B1) =1-.34 = .66 P (A1│ 1B ) = P A  B ( 1 1) P ( B 1) We Know, P (A1) =P (A1  B1) +P (A1  1B ) .32 =.18 + P (A1 1 B ) P (A1  1B ) = .32-.18 =.14 P (A1 1 B ) = 14. 66. =.212 Traded Stock READ BUSSINESS SECTION Regular (B1) Occasional(B2) Never (B3) Total Yes (A1) .18 .10 .04 .32 No (A2) .16 .31 .21 .68 Total .34 .41 .25 1.00
  • 3. Business Statistics (BUS 505) Assignment 6 Answer to the question no -37 PART SUBCONTRACTOR A(B1) B(B2) C(B3) Total Good(A1) .27 .30 .33 .90 Defective 3 (A2) .02 .05 .03 .10 Total .29 .35 .36 1.00 Let, Ai=Particular Sensitive part [i = 1, 2, 3….] Bj =Subcontractor [j = 1, 2, 3….] a. P(A2)= .02+.05+.03 =.10 b. P (B2) = .30+.05 = .35 c. P (A2│B2) = B A P  ) 2 2 ( B P ) 2 ( 05. = 35. =.1428 d. P(B2│A2)= A B P  ) 2 2 ( A P ) 2 ( = 05. 10. =.5 e. P(A1  B2)=P(A1)P(B1) = .90 .29 .27≠ .261 So, they are not Statistical independent. f. P(A│G)= P AG ( ) P ( G ) = 27 . 9. =.30 P (B│G) = P B G ( ) P ( G ) = 30. 9. =.33 P (C│G) = P C G ( ) P ( G ) = 33. .9 =.37 In terms of quality subcontractor C is most reliable. Answer to the question no -38 Worked Problem EXPECTED GRADE A(B1) B(B2) C(B3) Below C(B4) Total YES (A1) .12 .06 .12 .02 .32 NO (A2) .13 .21 .26 .08 .68 Total .25 .27 .38 .10 1.00 Let, Ai = Workers related problem [i = 1, 2, 3….] Bj = Expected grade [j = 1, 2, 3….]
  • 4. Business Statistics (BUS 505) Assignment 6 4 a. P (A1) =.12+.06+.12+.02 = .32 b. P (B1) =.12+.13=.25 c. P (B1│A1) = A B P  ) 1 1 ( A P ) 1 ( = 12. 32. =.375 d. P (A1│B1) = B A P  ) 1 1 ( B P ) 1 ( 12. = 25. =.48 e. Let, R Denotes the Event “Students who worked additional hours expected a Grade below A”  P (R│Y) = Y R P  ( ) Y P ( ) [P(R) =P(C  Y) +P(X<C Y) 14. = 32. =.12+.02 =.14 P(R  Y) =.14 f. P (A1  B1) =P (A1) P (B1) .12 = .32 .25 .12 ≠ .08 So, they are not statistically independent. Answer to the question no -41 Let, A denotes the event “A campus student club member of men who receive the material.” B denotes the event “A campus student club member of women who receive the material.” C denotes the event “A campus student club member of student who joins the club.” So, P (A) = .40 P (B) = .60 P(C  A) = .07 and P(C B) = .09 a) P(C) = P(C  A) + P(C B) = .07 + .09 = .16 b) P B C ( ) ( ) ( / ) P C P B C   = 09. 16. = .5625
  • 5. Business Statistics (BUS 505) Assignment 6 Answer to the question no -42 A P ) ( ) P(B/A 2 2 5 Let, 1A denotes the event, “Interest rate in next year will be more than 1% than this year.” 2A denotes the event, “Interest rate in next year will be more than 1% lower than this year.” 3 A denotes the event, “Interest rates next year within 1% than this year.” B denotes the event, “Significant earnings growth in the next year.” So, P ( 1A ) = .25 P ( 2A ) = .15 P( 3A ) = 1-[ P ( 1A )+P ( 2A )] = .60  P (B/ 1A ) = .10 P(B/ 2A ) = .80 P(B/ 3A ) = .50 a) P ( 1A  B) = P(B/ 1A ) P ( 1A ) = .10  .25 = .025 b) P(B) = P ( 1A  B) + P( 2A  B) + ( 3A  B) = P(B/ 1A ) P ( 1A ) + P(B/ 2 A ) P ( 2 A ) + P(B/ 3 A ) P( 3 A ) = .1  .25 + .8  .15 + .5  .60 = .445 c) P ( 2A /B) = B A P  ( ) 2 B P ( ) = B P ( ) = 12. 445. = .270 Answer to the question no -43 Let, A denotes the event, “Blue-collar employees modified health care plan.” B denotes the event, “Blue-collar employees a proposal to change the work schedule.” P (A) = .42 P(B) = .22 and P(B/A) = .34 a) P (A  B) = P(B/A) P (A) = .34  .42 = .1428 b) P(A ) B  = P(A) + P(B) - P (A B) = .42 + .22 - .1428 = .4972 c) P(A/B) = P A B ( ) P ( B ) = .1428 .22 = .649