Business Statistics-Conditional Probability

Author: Client Uploads

March 17th, 2023

I need help with a Statistics question. All explanations and answers will be used to help me learn.

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on

Get a 15% Discount on this Paper

Order Now

Your initial post should be 75-150 words in length.

Conditional Probability

1. If there are 3 green marbles and 4 red marbles in a bag, and you were asked to draw one without looking, what is the probability of drawing one green marble? Please show work

2. If you don’t put that marble back, what is the probability of drawing another green marble? Please show work

3. Using the above “marbles in the bag” scenario, what is a conditional probability question that you can make from it?

In §4.4 we are introduced to the concept of conditional probability. The notation P(A | B) denotes the probability of event A occurring given that we know event B has occurred.

Now consider the Monty Hall Problem introduced in the following video:

https://m.youtube.com/watch?v=4Lb-6rxZxx0

4. After watching this video, we know that if we are given the option to switch doors that, probabilistically speaking, it is in our best interest to switch. Why is the probability of winning NOT 50/50 when the contestant is given the opportunity to switch?

Please provide original work. No plagiarizing.

Calculate the price

Make an order in advance and get the best price

Type of paper

Academic level

Deadline

Pages (550 words)

$0.00

*Price with a welcome 15% discount applied.

Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.

We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.

step 1

Upload assignment instructions

Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.

step 2

Relax

Once you place an order with our professional do my paper services, all you need to do is relax as our experts work to impress you with amazing quality and timing for your order!

step 3

Review the final draft

As soon as the paper is ready, we’ll send you a copy via email. You'll also be able to download it from your account and request a revision or rate the work as appropriate.

Get personalized services with MyCoursebay

One writer for all your papers

You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments

Same paper from different writers

Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers

Copy of sources used

Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order

What our partners say about us

We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.

Other

NICE

Customer 452813, June 25th, 2022

Other

GOOD

Customer 452813, July 10th, 2022

Social Work and Human Services

Thank You! Great Work!

Customer 452587, September 14th, 2021

Nursing

Thank you for the outstanding work .

Customer 452635, June 5th, 2022

Nursing

Completed early! Awesome job!!!!!

Customer 452453, March 8th, 2023

Nursing

Great writer (Proske). I highly recommend

Customer 452531, July 10th, 2021

Literature

Thank you , this is perfect !

Customer 452795, May 15th, 2022

IT, Web

Did an excellent job with the body of the paper and staying on the topic.

Customer 452885, October 27th, 2022

Psychology

Thanks so very much. The paper is well-researched and adequately referenced. You have been of great help during the pandemic!

Customer 452467, January 31st, 2021

Marketing

Thanks so much for your service and as always. I’ll get back with you soon!

Customer 452909, March 29th, 2024

Human Resources Management (HRM)

Thank you for your service.

Customer 452701, March 6th, 2023

Nursing

Thank you for helping with my assignment.

Customer 452707, July 8th, 2022

OUR GIFT TO YOU

15% OFF your first order

Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.

Claim my 15% OFF Order in Chat