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Fish contaminated by a plant鈥檚 toxic discharge. Refer tothe U.S. Army Corps of Engineers鈥 study on the DDT contamination of fish in the Tennessee River (Alabama), Example 1.5 (p. 38). Part of the investigation focused on how far upstream the contaminated fish have migrated. (A fish is considered to be contaminated if its measured DDT concentration is greater than 5.0 parts per million.)

  1. Considering only the contaminated fish captured from the Tennessee River, the data reveal thatof the fish are found between 275 and 300 miles upstream,are found 305 to 325 miles upstream, andare found 330 to 350 miles upstream. Use these percentages to determine the probabilities, P(275-300), P(305-325), and P(330-350).
  2. Given that a contaminated fish is found a certain distance upstream, the probability that it is a channel catfish (CC) is determined from the data asPCC|275-300=.775,PCC|305-325=.77,andPCC|330-350=.86. If a contaminated channel catfish is captured from the Tennessee River, what is the probability that it was captured 275鈥300 miles upstream?

Short Answer

Expert verified

The probability that it was captured 275鈥300 miles upstream is 0.5162.

Step by step solution

01

Important formula

The Baye鈥檚 formula is

PBiA=P(BiA)P(A)=P(Bi)PABiP(B1)PAB1+P(B2)PAB2+...+P(Bk)PABk

02

Determine the probabilities 

Now,

P275-300=52%=0.52

P305-325=39=0.39

P330-350=9%=0.09

03

The probability that it was captured 275–300 miles upstream.

Apply the Baye鈥檚 rule

P275-300|CC=0.7750.520.7750.52+0.770.39+0.860.09=0.4030.7807=0.5162=51.62%

Therefore, the probability is 0.5162.

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Chance of an Avon sale.The probability that an Avon salesperson sells beauty products to a prospective customer on the first visit to the customer is .4. If the salesperson fails to make the sale on the first visit, the probability that the sale will be made on the second visit is .65. The salesperson never visits a prospective customer more than twice. What is the probability that the salesperson will make a sale to a particular customer?

Is a product 鈥済reen鈥?A 鈥済reen鈥 product (e.g., a productbuilt from recycled materials) is one that has minimal impact on the environment and human health. How do consumers determine if a product is 鈥済reen鈥? The 2011

ImagePower Green Brands Survey asked this question of more than 9,000 international consumers. The results are shown in the following table.

Reason for saying a product is green

Percentage of consumers

Certification mark on label

45

Packaging

15

Reading information about the product

12

Advertisement

6

Brand we site

4

Other

18

Total

100

a.What method is an international consumer most likely to use to identify a green product?

b.Find the probability that an international consumer identifies a green product by a certification mark on the product label or by the product packaging.

c.Find the probability that an international consumer identifies a green product by reading about the product or from information at the brand鈥檚 Web site.

d.Find the probability that an international consumer does not use advertisements to identify a green product.

Which of the following pairs of events are mutually exclusive? Justify your response.

  1. {The next customer entering a retail store is older than 30 years.}, {The next customer entering the same retail store is younger than 20 years.}
  2. {The next customer entering a retail store is younger than 20 years.}, {The next customer entering the same retail store will spend more than \(900 in purchases.}
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Stock market participation and IQ.Refer to The Journal of Finance(December 2011) study of whether the decisionto invest in the stock market is dependent on IQ, Exercise3.46 (p. 182). The summary table giving the number ofthe 158,044 Finnish citizens in each IQ score/investment category is reproduced below. Again, suppose one of the citizens is selected at random.

IQ Score

Invest in Market

No Investment

Totals

1

2

3

4

5

6

7

8

9

893

1,340

2,009

5,358

8,484

10,270

6,698

5,135

4,464

4,659

9,409

9,993

19,682

24,640

21,673

11,260

7,010

5,067

5,552

10,749

12,002

25,040

33,124

31,943

17,958

12,145

9,531

Totals

44,651

113,393

158,044

Source:Based on M. Grinblatt, M. Keloharju, and J. Linnainaa, 鈥淚Q and Stock Market Participation,鈥 The Journal of Finance, Vol. 66, No. 6, December 2011 (data from Table 1 and Figure 1).

a.Given that the Finnish citizen has an IQ score of 6 or higher, what is the probability that he/she invests in the stock market?

b.Given that the Finnish citizen has an IQ score of 5 or lower, what is the probability that he/she invests in the stock market?

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For two events, A and B, P(A)= .4, P(B)= .2 , and P(AB) = .1:

a. Find P (A/B).

b. Find P(B/A).

c. Are A and B independent events?

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