Page 26 - Probability Demystified
P. 26

CHAPTER 1 Basic Concepts                                                    15


                     ANSWERS
                                               36 þ 16 þ 3   55    11
                        1. a. P(40 or older) ¼            ¼      ¼
                                                   100       100   20

                                             18 þ 27   45    9
                           b. P(under 40) ¼         ¼     ¼
                                              100      100   20
                                                      27
                            c. P(between 30 and 39) ¼
                                                      100
                                                        36 þ 16    52   13
                           d. P(under 60 but over 39) ¼         ¼     ¼
                                                          100     100   25

                        2. The total number of outcomes in this sample space is 50.

                                      22    11
                           a. PðAÞ¼      ¼
                                      50    25
                                             7 þ 2   9
                           b. PðBorABÞ¼           ¼
                                              50     50
                                              19   31
                            c. P(not O) ¼ 1     ¼
                                              50   50
                                                                 2 þ 7   9
                           d. P(neither A nor O) ¼ P(AB or B) ¼        ¼
                                                                  50     50

                                             89   1
                        3. P(French fries) ¼    ¼
                                            356   4
                                                                 8 þ 7       15   21   7
                        4. P(neither liberal arts nor history) ¼ 1     ¼ 1     ¼     ¼
                                                                  36         36   36   12


                        5. P(does not get any news from the Internet) ¼ 1   0.74 ¼ 0.26




                                                                Law of Large Numbers


                     We know from classical probability that if a coin is tossed one time, we
                     cannot predict the outcome, but the probability of getting a head is  1 2  and
                                                     1
                     the probability of getting a tail is if everything is fair. But what happens if
                                                     2
                     we toss the coin 100 times? Will we get 50 heads? Common sense tells us that
   21   22   23   24   25   26   27   28   29   30   31