Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. 25% of students are finance majors, 20% are international business majors, an

ID: 3053060 • Letter: 1

Question

1. 25% of students are finance majors, 20% are international business majors, and 3% are double majoring in both. What is the probability that a given student is a finance major, given that they are also an international business major?

2. The number of outcomes in the intersection of sets A and B is always ________ the number of outcomes in A and B independently.

a. greater than

b. greater than or equal to

c. less than

d. less than or equal to

e. equal to

3. Suppose event A represents the outcome of flipping 2 coins and getting one head and one tail, that is, A = {HT}. What is the complement of A?

4. Let event A represent flipping 2 coins and getting one head and one tail, i.e., A={HT}. What is the complement of A?

5. If event A is flipping a coin and getting heads, and B is flipping a coin and getting heads or tails, what is AUB?

Explanation / Answer

1) P(finance major | international business major) = P(finance major and international business major) / P(international business major)

                                                               = 0.03 / 0.2

                                                               = 0.15

2) Option-D) less than or equal to

3) Compliment of A = {HH, TT, TH}

4) Compliment of A = {HH, TT, TH}

5) AUB = {HH, HT}