edwim12
09-07-2005, 01:54 PM
Question 1. A major shoe store is selling brands A,B and C. Probabilities that Brand A,Brand B, or Brand C will not be big sellers are: 0.30,0.40,and 0.50 respectively Brands are from 3 independent companies. Calculate the probability that:
a. none of the brand will be big sellers.
b) exactly two brands will be big sellers
c) exactly one brand will be a big seller
d) all three brands will be big sellers.
The formulas I used in the solutions are:
a) P(none of the brand will be big sellers) = P(not A and not B and not C)
b) P(exactly two brands will be big sellers) = P( A and B) + P( A and not C)
P(B and not C) + P(A and C)
c) P( exactly one brand will be a big seller) = 1- part b
d) P(all three brands will be big sellers)= P (A and B and C), however if I take the complement of part a, it is not the same answer.
Thanks in advance. Edwim12
a. none of the brand will be big sellers.
b) exactly two brands will be big sellers
c) exactly one brand will be a big seller
d) all three brands will be big sellers.
The formulas I used in the solutions are:
a) P(none of the brand will be big sellers) = P(not A and not B and not C)
b) P(exactly two brands will be big sellers) = P( A and B) + P( A and not C)
P(B and not C) + P(A and C)
c) P( exactly one brand will be a big seller) = 1- part b
d) P(all three brands will be big sellers)= P (A and B and C), however if I take the complement of part a, it is not the same answer.
Thanks in advance. Edwim12