-
dddanny2006
- Master | Next Rank: 500 Posts
- Posts: 209
- Joined: Thu Jan 12, 2012 12:59 pm
If the probabilities are respectively 0.09,0.15,.21 and 0.23 that a person purchasing a new automobile will choose the color green,white,red or blue,what is the probability that a given buyer will purchase a new automobile that comes in one of those colors.
Answer 0.68---------------Simple method
Method 1
Prob(of buying one of those colours)= 0.09 + (.91*0.15)+(0.91*0.85*0.21)+(0.91*0.85*0.79*0.23)=0.52
But the books says 0.68,why am I wrong?
No problem,Ill do the second method Method 2
Prob(of choosing one of those colours)=1-prob(of not choosing one of those colours)
Prob(of not choosing one of those colours)= 0.91*0.85*0.79*0.77=0.48
There 1-P=0.52
Both Method 1 and 2 support my answer.Why is the answer 0.68.?
Thanks
Dan
Answer 0.68---------------Simple method
Method 1
Prob(of buying one of those colours)= 0.09 + (.91*0.15)+(0.91*0.85*0.21)+(0.91*0.85*0.79*0.23)=0.52
But the books says 0.68,why am I wrong?
No problem,Ill do the second method Method 2
Prob(of choosing one of those colours)=1-prob(of not choosing one of those colours)
Prob(of not choosing one of those colours)= 0.91*0.85*0.79*0.77=0.48
There 1-P=0.52
Both Method 1 and 2 support my answer.Why is the answer 0.68.?
Thanks
Dan
Last edited by dddanny2006 on Sun Nov 24, 2013 4:45 am, edited 1 time in total.












