You are given the following information on Events A, B, C, and D.
a.Compute P(D).
b.Compute P(A B).
c.Compute P(AC).
d.Compute the probability of the complement of C.
e.Are A and B mutually exclusive? Explain your answer.
f. Are A and B independent? Explain your answer.
g. Are A and C mutually exclusive? Explain your answer.
h. Are A and C independent? Explain your answer.
Definitions:
Continuous Model
An analytical or simulation model that operates over a continuum of time or space, without discrete breaks or steps.
Mass Customization
A production approach where goods and services are customized to meet individual customer's needs with near mass production efficiency.
iTunes
A media player, media library, and mobile device management application developed by Apple Inc., used for purchasing, organizing, and playing digital music and videos.
Product Focus
A strategic emphasis on developing and enhancing products to meet customer needs and achieve competitive advantage.
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