subject
Business, 17.09.2019 18:20 brainy51

Aconsumer organization estimates that over a 1-year period 17% of cars will need to be repaired only once, 7% will need repairs exactly twice, and 4% will require three or more repairs. suppose someone wanted to find certain probabilities regarding the number of repairs needed for the two cars they own. they use the multiplication rule to calculate these probabilities. complete parts a) and b) below.
(a) what must be true about their cars in order to make that approach valid?
(a) repair needs for the two cars must be independent.
(b) the probability of repair needs for each car must be between 0 and 1 inclusive and the two probabilities must sum ta 1.
(c) the consumer organization must have sampled all of the cars in the car owners country when calcul ng the given percentages
(d) repair needs for the two cars must be disjoint.
(b) ls that assumption reasonable? explain. choose the correct answer below.
(a) no, because the sum of the probabilities of repair needs for each car may exceed 1.
(b) no, because the awner of the cars may treat both cars similarly
(c) no, because it is generally impossible to sample an entire population.
(d) yes, because reputable consumer organizations follow proper sampling techniques.
(e) yes, because both cars needing repairs represents a probability of 1.
(f) yas, because selecting one car guarantees that selecting the other car cannot happen.
(g) no, because repairing one car does not mean the other car will not need repairs
(h) yes, because there are probably a sufficiently large number of cars in the car owners country that randomly selecting two cars can be considered two independent events.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:10
Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $71,300. in determining her taxable self-employment income for the oasdi tax, how much of her net self-employment earnings must fess count? a. $74,500 b. $71,300 c. $53,900 d. $127,200 e. none of the above.
Answers: 3
question
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
question
Business, 22.06.2019 18:00
If you would like to ask a question you will have to spend some points
Answers: 1
You know the right answer?
Aconsumer organization estimates that over a 1-year period 17% of cars will need to be repaired only...
Questions
question
Spanish, 08.12.2021 20:40