| INSTRUCTIONS | |
| The paper has to have a title, introduction and reference page. The paper should be no more than 1000 words and no less than 750 words.
The title and reference pages do not count toward the word count. The paper needs to have three (3) academic references which are cited in the paper. In an APA formatted Word document complete the following: 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
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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Requirements: 750-1000
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Please share three examples of how you might use probability estimation in a professional business setting. Your examples should be different from any examples shared by your classmates so far (good incentive to post early in the week)!
Requirements: 250-350 and will send 2 student posts asap
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Post and 2 responses
- Explain how the concepts of probability theory can give rise to puzzle and paradox
- Explain why we cannot trust our intuition with probability and yet 99% of the decisions we make in no technical environments are made with the benefits of human experience and intuition.
Requirements: 250-300 and will send student posts asap
Please send all in separate documents as these are THREE SEPARATE ASSIGNMENTS for the same class. I will extend the time and send the 2 students to respond to once they are posted. Thank you.
Requirements: See above
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Formatting
Title Page
Citation
Outline
