Basedonyouranswerinpartcwhatistheprobabilitythatthetwo

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Unformatted text preview: ble? 0.18. 0.19. c. What is the probability that the individual is in the same category for both auto and homeowner’s deductibles? 0.41. d. Based on your answer in part (c), what is the probability that the two categories are different? 0.59. e. What is the probability that the individual has at least one low de‐ductible level? 0.31. f. Using the answer in part (e), what is the probability that neither deductible level is low? 0.69. 1 Problem 3 What is the theoretical probability of the event A = {the drawn card is a king or a club}? 16/52=0.3077. How close are the observed and the theoretical probabilities for the event A? Answer varies. Would the discrepancy between these increase or decrease if the number of hands drawn increases? The discrepancy should decrease. Problem 4 Under these fa...
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This note was uploaded on 01/22/2014 for the course STATISTICS 35 taught by Professor Dinov during the Spring '09 term at UCLA.

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