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AMU Independent Events Occurrence of One Do Not Influence Occurrence of Other Questions

American Military University, Business Finance

American Military University, Business Finance

AMU Independent Events Occurrence of One Do Not Influence Occurrence of Other Questions

AMU Independent Events Occurrence of One Do Not Influence Occurrence of Other Questions

Description

Part 1 – Define independent and mutually exclusive events. Can two events be mutually exclusive and independent simultaneously? Support your answer with an example.

Part 2 – A bag contains 25 balls numbered 1 through 25. Suppose an odd number is considered a ‘success’. Two balls are drawn from the bag with replacement. Find the probability of getting

two successes

exactly one success

at least one success

no success

Part 3 – Using the attached data set for our company, what is the probability of selecting each rank (for example, supervisor).

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