THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
James' Surfboard Shop makes surfboards by hand.The number of surfboards that James makes during a week depends on the wave conditions.James has estimated the following probabilities for surfboard production for the next week.
Let A be the event that James produces more than seven surfboards.Let B be the event that James produces exactly six surfboards.
-What is the probability of the intersection of events A and B? Why?
Definitions:
Sample Mean
The arithmetic average of a set of values, calculated by adding them up and dividing by the number of values.
Finite Population Correction
A factor applied in sample calculations to adjust for the size of the population when the population is not infinitely large.
Finite Population
A population set that contains a limited number of elements or observations.
Population Size
The total number of members or elements in a clearly defined set of people, animals, objects, or events being studied.
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