This preview shows page 1. Sign up to view the full content.
Unformatted text preview: P(A B) = ᴗ P(A) + P(B)  P(A B) = 0.40 + 0.60  0.10 = 0.90 ᴖ Since P(B) = P(A c B) + P(A B) = 0.50 + 0.10 = 0.60 ᴖ ᴖ c) B c means a randomly selected customer does not buy from outlet II . P(B c ) = 1 – P(B) = 1 – 0.6 = 0.40 d) A B means ᴖ a randomly selected potential customer buys from both I and II. P(A B) ᴖ = 0.10 e) A B ᴗ c means a randomly selected potential customer buys either from I or does not buy from II P(A B ᴗ c ) = P(A) + P(B c ) – P(A B ᴖ c ) = 0.40 + 0.40 – 0.30 = 0.50 f) Not(A B) means ᴖ a randomly selected potential customer does not buy from both outlet I and outlet II. P[Not(A B)] = ᴖ 1 – P(A B) = 1 – 0.10 = 0.90 ᴖ g) Not(A B) means ᴗ a randomly selected potential customer does not buy from outlet I only or from outlet II only, nor from outlet I and II. P[Not(A B)] = ᴗ 1 – P(A B) = 1 – 0.90 = 0.10 ᴗ...
View
Full
Document
This note was uploaded on 04/04/2012 for the course STA 3032 taught by Professor Kyung during the Fall '08 term at University of Florida.
 Fall '08
 Kyung
 Statistics

Click to edit the document details