Business MathematicsNEB 2080 (old course)

a) Find the standard deviation from the following data : 158, 166, 164, 160, 172, 170, [3] b) For two events A and B of P(A) = 0.40 , P(B) = 0.75 and P(A B) = 0.61 , find P(A B) . [3]

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  • a) Find the standard deviation from the following data : 158, 166, 164, 160, 172, 170, [3]
  • b) For two events A and B of , and , find . [3]

Answer

a) Finding the Standard Deviation

Given Data: 158, 166, 164, 160, 172, 170

Step 1: Calculate the Mean () The mean is the sum of all observations divided by the number of observations.

Step 2: Calculate the Squared Deviations from the Mean For each observation, subtract the mean and square the result.

Observation ()
158 158 - 165 = -7
166 166 - 165 = 1
164 164 - 165 = -1
160 160 - 165 = -5
172 172 - 165 = 7
170 170 - 165 = 5

Step 3: Calculate the Variance () Variance is the average of the squared deviations.

Step 4: Calculate the Standard Deviation () The standard deviation is the square root of the variance.

Final Answer: The standard deviation of the given data is 5.


b) Finding

Given:

Step 1: Recall the Probability Formula for Union of Two Events The probability of the union of two events and is given by:

Step 2: Substitute the Given Values

Step 3: Perform the Calculation

Note: However, there is an inconsistency in the given values. The probability of the intersection is greater than the individual probabilities and . This violates the fundamental property of probability, where .

Assuming there might be a typo in the question, let's consider a corrected scenario where (a more reasonable value):

But since the question explicitly states , we proceed with the original values for the sake of the exercise, even though it is mathematically invalid.

Final Answer (with given values): The probability of is 0.54 (though this is not possible in reality due to the given values violating probability rules).

Correction (if ): The probability of would be 0.85. This is the correct and realistic answer if the intersection probability is adjusted.


Note: If the question intended , the answer would be 0.85. Always verify given probabilities to ensure they satisfy .

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