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Fifty percent of the workers at a factory work a second job, 25% have a spouse who also works, 5% work a second job and have a spouse who also works. Draw a Venn diagram showing the relationships. Let W = works a second job and S = spouse also works.

This is a venn diagram with one set containing students in clubs and another set containing students working  part-time. Both sets share students who are members of clubs and also work part-time.
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A person with type O blood and a negative Rh factor (Rh-) can donate blood to any person with any blood type. Four percent of African Americans have type O blood and a negative RH factor, 5−10% of African Americans have the Rh- factor, and 51% have type O blood.

This is an empty Venn diagram showing two overlapping circles. The left circle is labeled O and the right circle is labeled RH-.

The “O” circle represents the African Americans with type O blood. The “Rh-“ oval represents the African Americans with the Rh- factor.

We will take the average of 5% and 10% and use 7.5% as the percent of African Americans who have the Rh- factor. Let O = African American with Type O blood and R = African American with Rh- factor.

  1. P ( O ) = ___________
  2. P ( R ) = ___________
  3. P ( O AND R ) = ___________
  4. P ( O OR R ) = ____________
  5. In the Venn Diagram, describe the overlapping area using a complete sentence.
  6. In the Venn Diagram, describe the area in the rectangle but outside both the circle and the oval using a complete sentence.

a. 0.51; b. 0.075; c. 0.04; d. 0.545; e. The area represents the African Americans that have type O blood and the Rh- factor. f. The area represents the African Americans that have neither type O blood nor the Rh- factor.

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In a bookstore, the probability that the customer buys a novel is 0.6, and the probability that the customer buys a non-fiction book is 0.4. Suppose that the probability that the customer buys both is 0.2.

  1. Draw a Venn diagram representing the situation.
  2. Find the probability that the customer buys either a novel or anon-fiction book.
  3. In the Venn diagram, describe the overlapping area using a complete sentence.
  4. Suppose that some customers buy only compact disks. Draw an oval in your Venn diagram representing this event.

a. and d. In the following Venn diagram below, the blue oval represent customers buying a novel, the red oval represents customer buying non-fiction, and the yellow oval customer who buy compact disks.

b. P (novel or non-fiction) = P (Blue OR Red) = P (Blue) + P (Red) - P (Blue AND Red) = 0.6 + 0.4 - 0.2 = 0.8.
c. The overlapping area of the blue oval and red oval represents the customers buying both a novel and a nonfiction book.

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References

Data from Clara County Public H.D.

Data from the American Cancer Society.

Data from The Data and Story Library, 1996. Available online at http://lib.stat.cmu.edu/DASL/ (accessed May 2, 2013).

Data from the Federal Highway Administration, part of the United States Department of Transportation.

Data from the United States Census Bureau, part of the United States Department of Commerce.

Data from USA Today.

“Environment.” The World Bank, 2013. Available online at http://data.worldbank.org/topic/environment (accessed May 2, 2013).

“Search for Datasets.” Roper Center: Public Opinion Archives, University of Connecticut., 2013. Available online at http://www.ropercenter.uconn.edu/data_access/data/search_for_datasets.html (accessed May 2, 2013).

Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
can you send the book attached ?
Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
what is macroeconomic
John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
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?
Toofiq Reply
explain standard reason why economic is a science
innocent Reply
factors influencing supply
Petrus Reply
what is economic.
Milan Reply
scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
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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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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