Question

Perform questions of your own choice from the Book of Statistical Techniques in Business and Economics by Lind from exercises of chapter 5 "A Survey of Probability Concepts”. There must be at least one question against each approach of probability (classical, empirical and subjective) and rules for computing probabilities (special and general addition, complement rule, special and general multiplication), so total number o questions to be solved would be 8.​

Answer 1

Answer:

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Explanation: