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

question 9

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.
-A state's license plate has 9 positions,each of which has 37 possibilities (26 letters,10 integers,or blank).If the purchaser of a vanity plate wants his first seven positions to be Stanley,in how many ways can his plate appear?

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Definitions:

Official Duty

Responsibilities or tasks that are part of a public official's or an officer's role within their professional capacity.

Enforceable

A characteristic of a contract or legal agreement that makes it legally valid and capable of being executed or enforced in a court of law.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.

Corporations

Legal entities that are separate and distinct from their owners, who are shareholders, and have rights to enter into contracts, own assets, and be liable for debts.