This module introduces the contingency table as a way of determining conditional probabilities.
A
contingency table provides a way of portraying data that can facilitate calculating probabilities. The table helps in determining conditional probabilities quite easily. The table displays sample values in relation to two different variables that may be dependent or contingent on one another. Later on, we will use contingency tables again, but in another manner.
Contingincy tables provide a way of portraying data that can facilitate calculating probabilities.
Suppose a study of speeding violations and drivers who use car phones produced the following fictional data:
Speeding violation
in the last year
No speeding violation
in the last year
Total
Car phone user
25
280
305
Not a car phone user
45
405
450
Total
70
685
755
The total number of people in the sample is 755. The row totals are 305 and 450. The column totals are 70 and 685. Notice that
and
.
Calculate the following probabilities using the table
Find the probability that a person is male given that the person prefers hiking near lakes and streams. Let
= being male and let
= prefers hiking near lakes and streams.
What word tells you this is a conditional?
Fill in the blanks and calculate the probability:
.
Is the sample space for this problem all 100 hikers? If not, what is it?
The word 'given' tells you that this is a conditional.
Muddy Mouse lives in a cage with 3 doors. If Muddy goes out the first door, the probability that he gets caught by Alissa the cat is
and the probability he is not caught is
. If he goes out the second door, the probability he gets caught by Alissa is
and the probability he is not caught is
. The probability that Alissa catches Muddy coming out of the third door is
and the probability she does not catch Muddy is
. It is equally likely that Muddy will choose any of the three doors so the probability of choosing each door is
.
Door choice
Caught or Not
Door One
Door Two
Door Three
Total
Caught
____
Not Caught
____
Total
____
____
____
1
The first entry
is
.
The entry
is
.
Verify the remaining entries.
Complete the probability contingency table. Calculate the entries for the totals. Verify that the lower-right corner entry is 1.
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from
Qd 120 3P
to
Qd 90 3P
and the supply function has shifted from
QS
20 2P
to
QS
10 2P .
a) Find the effect of this change on price and quantity.
b) Which of the changes in demand and supply is higher?
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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