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Question 4.

48

a) Probability (Non-ConIorming Bottle)- 0.015

b) achine 1 (ConIirming Bottle)- 0.49


c) achine 1 or (ConIirming Bottle)- 0.5 0.9851.485-.490.995

d) Probability (achine 1/Non-ConIorming Bottle)- 0.01/0.50.02


e) Probability (achine 1) -0.01/0.015 0.666

f) n Part (d), the probability is taken out Ior Conditional Probability oI Non-
ConIorming i.e. Probability oI (A , B) P (A and B) / P (B)

n Part (e), the probability is taken out Ior Conditional Probability oI achine 1 i.e.
Probability oI (B , A) P (A and B) / P (A)







Machines Conforming Non-Conforming
Total
(Probability
achine 1 0.49 0.01 0.5
achine 2 0.495 0.005 0.5

0.985 0.015 1

DA1A ANALSIS DLCISICN MAkING
Question 4.49







(Total en and Women 500)
a) Probability oI He or She likely to hide a clothing purchase
178/1000 0.178

b) Probability oI He or She likely to hide investments
128/1000 0.128

c) Probability oI ale hiding auto-related products
66/500 0.132

d) Probability oI Female hiding clothing purchases
116/500 0.232

e) Probability oI hiding investment and being a male
76/128 0.59375

I) Here, the type oI things that couples hide is not independent oI the gender oI the
respondent. This can be shown as :

We know that Ior A and B to be statistically independent events

P (A , B) P(A)


$ubmitted To: Dr. Ali Zalzala

$ubmitted By: Apoorv $oni ($MBA 11039)

DATE: 27/10/2011
Likely to hide Men Women Total
Auto related 66 36 102
Cash 126 133 259
Clothes 62 116 178
Electronics 79 56 135
Entertainment 96 76 172
Food 74 94 168
nvestments 76 52 128
Travel 53 39 92