Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 4 Solution 4.1 (i) The sample space is: S ={, , BBBR BBRB BBRR BRBB BRBR BRRB BRRR RBBB , , RBBR RBRB RBRR

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 6 Solution 6.1 Let the losses due to storm, fire, and theft be denoted X1, X2 and X3 respectively. ({ 23})

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 7 Solution 7.1 (i) Pr (X>3.1 )=1 -F (3.1) =1 -0.9990 =0.0010 (ii) Pr (X<-1.4 ( 1.4) =1 -F (1.4) =1 -0.9192

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 8 Solution 8.1 The required probability is: (XY 3)fXY, (0,1) +f , (0,2) +fXY(0,3) +f , (1,1) +fXY(1,2) +f ,

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 9 Solution 9.1 Let X be the number of demands made each day, and let Y be the number of demands handled. Th

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to review questions Solution 1 Answer: A This topic is covered in Chapter 7. Claim amounts follow a lognormal distribution: ~log N(,s2) .

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 1 Solution 1.1 (i) AB{3, 5,7} n= (ii) {2, 4,6,8,10} B'= . {2, 3, 4, 5,6,7,8,10} AB '. = (iii) {1,2,3,5,7, 9

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 2 Solution 2.1 (i) There are n1 =4 ways to choose the color of the cap, n2 =6 ways to choose the color of t

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 3 Solution 3.1 We require Pr ()Band Pr (AnB). We have: ( ) () () (n) () (AB)Pr (n) Pr A.B =Pr A+Pr B-Pr AB

Probability, Third Edition By David J Carr & Michael A Gauger Published by BPP Professional Education Solutions to practice questions Chapter 5 Solution 5.1 Let X be the number of visits (out of the next 10 visits) that result in a referral. Then X