<< Chapter < Page Chapter >> Page >

You have a fair, well-shuffled deck of 52 cards. It consists of four suits. The suits are clubs, diamonds, hearts, and spades. There are 13 cards in each suit consisting of 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, J (jack), Q (queen), and K (king) of that suit. S = spades, H = Hearts, D = Diamonds, C = Clubs.

  1. Suppose you pick four cards, but do not put any cards back into the deck. Your cards are QS , 1 D , 1 C , QD .
  2. Suppose you pick four cards and put each card back before you pick the next card. Your cards are KH , 7 D , 6 D , KH .

Which of a. or b. did you sample with replacement and which did you sample without replacement?

a. Without replacement; b. With replacement

Got questions? Get instant answers now!
Got questions? Get instant answers now!

Try it

You have a fair, well-shuffled deck of 52 cards. It consists of four suits. The suits are clubs, diamonds, hearts, and spades. There are 13 cards in each suit consisting of 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, J (jack), Q (queen), and K (king) of that suit. S = spades, H = Hearts, D = Diamonds, C = Clubs. Suppose that you sample four cards without replacement. Which of the following outcomes are possible? Answer the same question for sampling with replacement.

  1. QS , 1 D , 1 C , QD
  2. KH , 7 D , 6 D , KH
  3. QS , 7 D , 6 D , KS

without replacement: 1. Possible; 2. Impossible, 3. Possible

with replacement: 1. Possible; 2. Possible, 3. Possible

Got questions? Get instant answers now!

Mutually exclusive events

A and B are mutually exclusive events if they cannot occur at the same time. This means that A and B do not share any outcomes and P ( A AND B ) = 0.

For example, suppose the sample space S = {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}. Let A = {1, 2, 3, 4, 5}, B = {4, 5, 6, 7, 8}, and C = {7, 9}. A AND B = {4, 5}. P ( A AND B ) = 2 10 and is not equal to zero. Therefore, A and B are not mutually exclusive. A and C do not have any numbers in common so P ( A AND C ) = 0. Therefore, A and C are mutually exclusive.

If it is not known whether A and B are mutually exclusive, assume they are not until you can show otherwise . The following examples illustrate these definitions and terms.

Flip two fair coins. (This is an experiment.)

The sample space is { HH , HT , TH , TT } where T = tails and H = heads. The outcomes are HH , HT , TH , and TT . The outcomes HT and TH are different. The HT means that the first coin showed heads and the second coin showed tails. The TH means that the first coin showed tails and the second coin showed heads.

  • Let A = the event of getting at most one tail . (At most one tail means zero or one tail.) Then A can be written as { HH , HT , TH }. The outcome HH shows zero tails. HT and TH each show one tail.
  • Let B = the event of getting all tails. B can be written as { TT }. B is the complement of A , so B = A′ . Also, P ( A ) + P ( B ) = P ( A ) + P ( A′ ) = 1.
  • The probabilities for A and for B are P ( A ) = 3 4 and P ( B ) = 1 4 .
  • Let C = the event of getting all heads. C = { HH }. Since B = { TT }, P ( B AND C ) = 0. B and C are mutually exclusive. ( B and C have no members in common because you cannot have all tails and all heads at the same time.)
  • Let D = event of getting more than one tail. D = { TT }. P ( D ) = 1 4
  • Let E = event of getting a head on the first roll. (This implies you can get either a head or tail on the second roll.) E = { HT , HH }. P ( E ) = 2 4
  • Find the probability of getting at least one (one or two) tail in two flips. Let F = event of getting at least one tail in two flips. F = { HT , TH , TT }. P ( F ) = 3 4
Got questions? Get instant answers now!

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
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Introductory statistics' conversation and receive update notifications?

Ask