NORTH SOUTH UNIVERSITY

FALL 2014

Assignment: 03

Prepared By
RASHIDUL AMAN
ID- 1430880060
BUS511
Section: 03
Date of Submission
10/14/2014





Ans. to Ques No. 23 (page-159)

P(A) =.40 and P(B|A)= .30
P(AB) = P(A). P (B|A) = .4.3 =.12 (Ans.)

Ans. to Ques No. 25 (page-159)
Percentage of having Checking Account, P(C) = 0.8
Percentage of having Saving Account, P(S) = 0.6
Percentage of having Both Account, P (CS) = 0.5
Probability of either having Checking or Saving Accounting, P(C or S) = P(C) + P(S) - P (CS)
= 0.8 + 0.6 -0.5
= 0.9 (Ans)
Probability of neither Checking or Saving Accounting, P(C or S)
/
= 1- P(C or S)
= 1- 0.9 = 0.1 (Ans.)
Ans. to Ques No. 27 (page-160)

1st Event
2nd Event A
1
A
2
A
3
Total
B
1
2 1 3 6
B
2
1 2 1 4
Total 3 3 4 10


a) P(A
1
) =

= 0.3 (ans)

b) P(B
1
|A
2
) =

= 0.33 (Ans)

c) P (B
2
and A
3
) =P(A
3
). P(B
2
|A
3
) =

= 0.1 (ans)
Ans. to Ques No. 29 (page-160)
Potential For Advancement
Sales Ability Fair, B
1
Good, B
2
Excellent, B
3
Total
Below Average, A
1
16 12 22 50
Average, A
2
45 60 45 150
Above Average, A
3
93 72 135 300
Total 154 144 202 500

a) This table is called Contingency Table
b) Probability a sales person selected at random will have above average sales ability (A
3
) and
Excellent Potential for Achievement (B
3
),
P (A
3
and B
3
) =P(A
3
). P(B
3
|A
3
) =

= 0.27 (ans)
c) Tree Diagram :
Sales
Ability
Conditional Probability Joint
Probability



16/50 B
1
50/500 16/50 = 16/500 = 0.032
50/500 A
1


12/50 B
2
50/500 12/50 = 12/500 = 0.024
22/50 B
3
50/500 22/50 = 22/500 = 0.044




45/150 B
1
150/500 45/150 = 45/500 = 0.09
150/500 A
2


60/150 B
2
150/500 60/150 = 60/500 = 0.12
45/150 B
3
150/500 45/150 = 45/500 = 0.09




93/300 B
1
300/500 93/300 = 93/500= 0.186
300/500 A
3


72/300 B
2
300/500 72/300 = 72/500 = 0.144
135/300 B
3
300/500 135/300 = 135/500 = 0.27
Total 1






Ans. to Ques No. 35 (page-165)
% of Played
Games
% of Winning
games, W
Night, N 70 50
Day, D 30 90

Probability of winning of yesterdays game happened at Night,
P (N|W) =

=0.56 (ans)

Ans. to Ques No. 41 (page-170)
Ans :
10
P
4
= 5040
Ans. to Ques No. 41 (page-170)
Ans :
15
C
10
= 3003