Event 1 The Prior Probabilities of Events A₁,A₂,and A₃ Are P(A₁)= .50,P(A₂)=

question 54

Short Answer

Event 1
The prior probabilities of events A₁,A₂,and A₃ are P(A₁)= .50,P(A₂)= .20 and P(A₃)= .30.The conditional probabilities of event B given A₁,A₂,and A₃ are P(B / A₁)= .40,P(B / A₂)= .50 and P(B / A₃)= .30.
-Ten students from an economics class have formed a study group.Each may or may not attend a study session.Assuming that the members will be making independent decisions on whether or not to attend,how many different possibilities exist for the composition of the study session?

---

Definitions:

Public Relations Campaigns

are strategic communication processes that build mutually beneficial relationships between organizations and their publics.

African Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa.

Trendsetting

The activity or capability of setting new trends or being influential in establishing new directions in fashion, design, culture, or business.

Millennials

A generational cohort following Generation X, typically considered to be born between the early 1980s and late 1990s.