In order to verify the accuracy of their financial accounts, companies use auditors on a regular basis to verify accounting entries. The company's employees make erroneous entries 5% of the time. Suppose that an auditor randomly checks three entries. a Find the probability distribution for Y, the number of errors detected by the auditor. b Construct a probability histogram for p(y). C Find the probability that the auditor will detect more than one error.

Construct a probability distribution and draw a histogram for the data of the probability distribution. Problem : The probabilities that a costumer of a fast food chain will order  0, 1 or 2 pieces of chicken are 0.30, 0.45 and 0.25, respectively.

Find the probability of the indicated event if ​P(E)=0.30 and ​P(F)=0.45. Find​ P(E or​ F) if​ P(E and ​F)=0.15.

There is a 0.9991 probability that a randomly selected 29​-year-old male lives through the year. A life insurance company charges ​$152 for insuring that the male will live through the year. If the male does not survive the​ year, the policy pays out ​$110,000 as a death benefit. Complete parts​ (a) through​ (c) below.       Question content area bottom Part 1 a. From the perspective of the 29​-year-old ​male, what are the monetary values corresponding to the two events of surviving the year and not​ surviving?   The value corresponding to surviving the year is ​$negative 152−152. The value corresponding to not surviving the year is ​$109,848109,848. ​(Type integers or decimals. Do not​ round.) Part 2 b. If the 29​-year-old male purchases the​ policy, what is his expected​ value?   The expected value is ​$enter your response here. ​(Round to the nearest cent as​ needed.)

Suppose the probability of an IRs audit is 4.2 percent for U.S taxpayers who file form 1040 and who earned 100,000 or more.   what are the odds that such taxpayer will be audited?   what are the odds against such taxpayer being audited?

Find the probability of the indicated event if P(E)= 0.40 and P(F)=0.50. Find P(E or F) if P(E and F) = 0.05. P(E or F) = (Simplify your answer.)

A certain disease has an incidence rate of 0.8%. If the false negative rate is 8% and the false positive rate is 3%, compute the probability that a person who tests positive actually has the disease.

Find the indicated probability. Give your answer as a simplified fraction. The managers of a corporation were surveyed to determine the background that leads to a successful manager. Each manager was rated as being either a good, fair, or poor manager by his/her boss. The manager's educational background was also noted. The data appear below.. What is the probability that this manager has some college background Given that a manager is a good manager? O O O O Manager Rating H.S Degree Good 3 6 9 Totals 18 32 39 8 13 18 Fair Poor Educational Background Some College College Degree Master's or Ph.D. Totals 5 39 12 87 111 24 43 2 69 1228 7 26 55 34 160

Answer part a and b

Find the probability of an event E if the odds for E is equal to the odds against