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]
6- 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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