w4_Prob_post

w4_Prob_post - (Prob Sheet 1, Q2) (Prob Sheet 2, Q1) A...

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(Prob Sheet 1, Q2)
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(Prob Sheet 2, Q1) A company conducted a survey of its employees to determine their attitude toward a buyout of the company’s stock. Each of the company’s 1040 employees was asked whether they favored the buyout and whether they planned to retire within the next 15 years. The numbers of employees falling in the four buyout-retirement categories are shown in the following table. Suppose an employee is selected at random from the company. (a) What is the probability that the employee favors a buyout? (b) What is the probability that the employee will retire within the next 15 years? (c) What is the probability that the employee favors the buyout given that he or she plans to retire within the next 15 years? (d) Is an employee’s attitude toward the buyout independent of his or her retirement plans?
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(2004, Q3) A Survey was conducted of 1200 people (600 Men and 600 Women) to see what types of movies men and women like to see at the cinema. Each person was asked if they
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This note was uploaded on 01/01/2010 for the course ISOM ISOM111 taught by Professor Anthonychan during the Spring '09 term at HKUST.

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w4_Prob_post - (Prob Sheet 1, Q2) (Prob Sheet 2, Q1) A...

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