Bob, the proprietor of Midland Lumber, believes that the odds in favor of a business deal going through are 9 to 5. What is the (subjective) probability that this deal will not materialize? (Round your answer to three decimal places.) P(not materialize) =

Victoria plays college soccer. She makes a goal 70% of the time she shoots. Victoria is going to attempt two goals in a row in the next game. A = the event Victoria is successful on her first attempt. P(A) = 0.7. B = the event Victoria is successful on her second attempt. P(B) = 0.7. Victoria tends to shoot in streaks. The probability that she makes the second goal given that she made the first goal is 0.8.a. What is the probability that she makes both goals?  b. What is the probability that Victoria makes either the first goal or the second goal?

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An airline sells traveler's insurance for its flights. The airline determined that the probability that someone would need to file a claim is If the insurance costs $380 and the payout is $3,100, what is the expected net value 6100 for the airlime? Round final answer to the nearest penny. Number dollars

Solve the question please

Multiply probabilities? A traffic light at an intersection near Jamal's house is red  30 % of the time, green  10 % of the time, and yellow  60 % of the time. Jamal encounters this light in the morning on his way to work and again in the evening on his way home. Is the probability that the light is red both times equal to  =×0.30.30.09 . Explain why or why not.

c) A manufacturer is considering the production of a new and better mousetrap. She estimates the probability that the new mousetrap is successful is ¾. If it is successful, it would generate profits of $174,000. The development costs of the mousetrap are $121,000. Should the manufacturer proceed with plans for the new mousetrap? Why or why not?

Trevor is interested in purchasing the local hardware/sporting goods store in the small town of Dove Creek, Montana. After examining accounting records for the past several years, he found that the store has been arossina over $850 per day about 55% of the business days it is open. Estimate the probability that the store will aross over $850 for the following. (Round your answers to three decimal places. (a) at least 3 out of 5 business davs (b) at least 6 out of 10 business days (c) fewer than 5 out of 10 business days (d) fewer than 6 out of the next 20 business days (e) more than 17 out of the next 20 business days

Charlie buys a one-year term home insurance policy for $p, that will pay $200,000 in the event of a major catastrophe and $35,000 in the event of a minor catastrophe. Charlie's home has a 0.2% chance of a major catastrophe and a 0.7% of a minor catastrophe during the one year term.  What did the insurance company charge Charlie for this policy if the company expected to break even?

The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The students sold 2374 raffle tickets at $5 per ticket.  Kevin bought thirty-four tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.)What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings? (Round your answer to two decimal places.)$ Is this more or less than the amount Kevin paid for the thirty-four tickets?   How much did Kevin effectively contribute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.)$