MAT 142 3.4 Basics of Probability Theory

MAT 142 3.4 Basics of Probability Theory

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1. A jar of M&Ms contains 12 brown candies, 4 yellow candies, 2 blue candies, 5 red candies, 3

green candies and 4 orange candies. You select one at random. Find the probability that you

select one that is:

a. Brown

b. Green or orange

c. Not red

d. Yellow or blue

e. Yellow and blue

1. Shoppers at a local department store were asked to complete a survey of their shopping

experience. The results are shown in the table below:

** Satisfied with Service          Not satisfied with Service** Totals

Made a purchase                  130                                          494 624

Did not make a purchase     715                                          183 898

Totals                                      845                                          677                                          1522

__

a. What is the probability that a shopper selected at random made a purchase?

b. What are the odds that a shopper selected at random was satisfied with the service?

MAT 142

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Excerpt from file: Math Tutorial MAT 142 Problem set Unit: Probability Topic: Basics of Probability Theory Directions: Solve the following problems. Please show your work and explain your reasoning. 1. A jar of M&Ms contains 12 brown candies, 4 yellow candies, 2 blue candies, 5 red candies, 3 green candies and 4

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Excerpt from file: Week4DQ#3DiscOps&ExtraordinaryItems Whyisitimportanttoreportdiscontinuedoperationsorextraordinaryitemsseparately fromincomefromcontinuingoperations?Isthismethodofreportingallowed?What concernsdoesthistypeofreportingcreate?Doestheaverageinvestorunderstandthe

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