A Graphical Method Used to Calculate Joint and Conditional Probabilities

question 17

Multiple Choice

A graphical method used to calculate joint and conditional probabilities is ________.

• A)a tree diagram
• B)a Venn diagram
• C)a histogram
• D)inferential statistics

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Definitions:

Customer Account

An account maintained by a business for each customer to track transactions, balances, and other relevant information.

Supplier's Account

An account kept by a business to record transactions (like purchases and payments) related to a specific supplier.

Purchases Journal

A specialized accounting journal used to record all purchases of merchandise, inventory, and other supplies on credit.

Life Vests

Safety devices designed to keep an individual afloat in water and reduce the risk of drowning.