HW # 2 - Business Mathematics I Homework 2 We, the...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Business Mathematics I Homework 2 We, the undersigned, affirm that each of us participated fully and equally in the completion of this assignment and that the work contained herein is original. Furthermore, we acknowledge that sanctions will be imposed jointly if any part of this work is found to violate the Student Code of Conduct, the Code of Academic Integrity, or the policies and procedures established for this course.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
1. ( Exercise 1 in Basic Probability ) ( i ) Use repeated computation in the file Bank Customers.xls to generate a set of six fractions for 50 day periods. ( ii ) Repeat this for six 500 day periods. ( iii ) Repeat this for six 2,000 day periods. ( iv ) What pattern do you see? Solution. omers. bank cust r f days ove fraction o onsistent uch more c ovides a m of days pr er number (iv) The l , . , . , . , . , . (iii) . , . , . , . , . , . (ii) . , . , . , . , . , . (i) . 150 arg 15 15 14 16 15 15 14 15 16 15 15 14 24 18 20 14 12 10 2. ( Exercise 4 in Basic Probability ) A fair die is rolled twice and the number of spots on the upper face is recorded for each roll. We can take all possible pairs of numbers, each of which is between 1 and 6, as our sample space, S . Since the die is fair, we will assume that each of the 36 outcomes is equally likely, and therefore, that they all have the same probability. Find the probability of each of the following events:
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/07/2008 for the course MATH 115a taught by Professor Ekstrom during the Spring '08 term at University of Arizona- Tucson.

Page1 / 5

HW # 2 - Business Mathematics I Homework 2 We, the...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online