Chapter4Q11answer0[1] - × 0.9 = 0.54 b) p (only one...

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Chapter 4 Question 11 0.9 Eadleton up by at least 10% 0.6 0.54 Kingstones up by at least 10% 0.1 Eadleton up by <10% 0.06 0.3 Eadleton up by at least 10% 0.4 0.12 Kingstones up by <10% 0.7 Eadleton up by <10% 0.28 The tree shows that: a) p (Kingstones rises by at least 10% and Eadleton rises by at least 10%) = 0.6
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Unformatted text preview: × 0.9 = 0.54 b) p (only one warehouse increases in value by at least 10%) = p (Kingstones rises by at least 10% and Eadleton rises by less than 10%) + p (Kingstones rises by less than 10% and Eadleton rises by at least 10%) = (0.6 × 0.1) + (0.4 × 0.3) = 0.06 + 0.12 = 0.18...
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This note was uploaded on 03/29/2010 for the course DMVS 324 taught by Professor Muller during the Spring '10 term at Stellenbosch University-South Africa.

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