A machine has two parts labelled A and B. The probability that part A works for one year is 0.8 and the probability that part B works for one year is 0.6. The probability that at least one part works for one year is 0.9.
Calculate the probability that part B works for one year, given that part A works for one year.
- 1/2
- 3/5
- 5/8
- 3/4
- 5/6
At a mortgage company, 60% of calls are answered by an attendant. The remaining 40% of callers leave their phone numbers. Of these 40%, 75% receive a return phone call the same day. The remaining 25% receive a return call the next day.
Of those who initially spoke to an attendant, 80% will apply for a mortgage. Of those who received a return call the same day, 60% will apply. Of those who received a return call the next day, 40% will apply.
Calculate the probability that a person initially spoke to an attendant, given that he or she applied for a mortgage.
- 0.06
- 0.26
- 0.48
- 0.60
- 0.69
In one company, 30% of males and 20% of females contribute to a supplemental retirement plan. Furthermore, 45% of the company’s employees are female.
Calculate the probability that a randomly selected employee is female, given that this employee contributes to a supplemental retirement plan.
- 0.09
- 0.23
- 0.35
- 0.45
- 0.55
A company issues auto insurance policies. There are 900 insured individuals. Fifty-four percent of them are male. If a female is randomly selected from the 900, the probability she is over 25 years old is 0.43. There are 395 total insured individuals over 25 years old. A person under 25 years old is randomly selected.
Calculate the probability that the person selected is male.
- 0.47
- 0.53
- 0.54
- 0.55
- 0.56
If [math]P(B^c) = 1/4[/math] and [math]P(A|B) = 1/2[/math], what is [math]P(A \cap B)[/math]?
- 1/8
- 1/4
- 3/8
- 1/2
- 5/8
References
Doyle, Peter G. (2006). "Grinstead and Snell's Introduction to Probability" (PDF). Retrieved June 6, 2024.
A doctor assumes that a patient has one of three diseases [math]d_1[/math], [math]d_2[/math], or [math]d_3[/math]. Before any test, he assumes an equal probability for each disease. He carries out a test that will be positive with probability .8 if the patient has [math]d_1[/math], .6 if he has disease [math]d_2[/math], and .4 if he has disease [math]d_3[/math]. Given that the outcome of the test was positive, what probabilities should the doctor now assign to [math]d_1[/math]?
- 4/9
- 1/2
- 2/3
- 3/5
- 4/5
References
Doyle, Peter G. (2006). "Grinstead and Snell's Introduction to Probability" (PDF). Retrieved June 6, 2024.
In a poker hand, John has a very strong hand and bets 5 dollars. The probability that Mary has a better hand is .04. If Mary had a better hand she would raise with probability .9, but with a poorer hand she would only raise with probability .1. If Mary raises, what is the probability that she has a better hand than John does?
- 0.27
- 0.3
- 0.33
- 0.35
- 0.4
Doyle, Peter G. (2006). "Grinstead and Snell's Introduction to Probability" (PDF). Retrieved June 6, 2024.
A student is applying to Harvard and Dartmouth. He estimates that he has a probability of .5 of being accepted at Dartmouth and .3 of being accepted at Harvard. He further estimates the probability that he will be accepted by both is .2. What is the probability that he is accepted by Dartmouth if he is accepted by Harvard?
- 1/5
- 1/4
- 1/3
- 1/2
- 2/3
References
Doyle, Peter G. (2006). "Grinstead and Snell's Introduction to Probability" (PDF). Retrieved June 6, 2024.
A health study tracked a group of persons for five years. At the beginning of the study, 20% were classified as heavy smokers, 30% as light smokers, and 50% as nonsmokers. Results of the study showed that light smokers were twice as likely as nonsmokers to die during the five-year study, but only half as likely as heavy smokers.
A randomly selected participant from the study died during the five-year period.
Calculate the probability that the participant was a heavy smoker.
- 0.20
- 0.25
- 0.35
- 0.42
- 0.57
An insurance company insures red and green cars. An actuary compiles the following data:
Color of Car | Red | Green |
Number insured | 300 | 700 |
Probability an accident occurs | 0.10 | 0.05 |
Probability that the claim exceeds the deductible, given an accident occurs from this group | 0.9 | 0.8 |
The actuary randomly picks a claim from all claims that exceed the deductible. Calculate the probability that the claim is on a red car.
- 0.300
- 0.462
- 0.491
- 0.667
- 0.692