A deed of trust is a three-party arrangement to secure a loan with real property.
Indicate whether the statement is true or false
Q. 2At a certain university, 70 of the students own cars. However, only 45 of the
residence hall students own cars. Are the events owning a car and living in a residence
hall independent? Explain.
What will be an ideal response?
Q. 3An exit poll during a recent election revealed that 55 of those voting were women and
that 65 of the women voting favored Democratic candidates.
What is the probability
that a randomly chosen participant of the exit poll would be a woman who favored
Democratic candidates?
Q. 4Suppose there is a 35 chance that a risky stock investment will end up in a total loss of
your investment. Because the rewards are so high, you decide to invest in three
independent risky stocks.
What is the probability that all three stocks end up in total
losses?
Q. 5A human gene carries a certain disease from a mother to her child with a probability
rate of 0.40. That is, there is a 40 chance that the child becomes infected with the
disease. Suppose a female carrier of the gene has four children.
Assume that the
infections, or lack thereof, are independent of one another. Find the probability that
none of the children get the disease from their mother.
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