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(d) It is bimodal. (3) What is the set of all simple events of an experiment called (a) a population (b) a distribution (e) a sample space (d) a random sample (4) For two events A and B. suppose: A 03 0.4 Then PiAU B) is equal to A0.1 0.2 (5) Suppose PA).4. P B) 0.3, and P(AnB) o.12. Which one of the following statements correctly defines the relationship hetween events A and B (a) Events A and B are independent, but not mutually exclusive (b) Events A and B are mutually exclusive, but not independent. (c) Events A and B are neither mutuelly exclusive nor independent. (d) Events A and B are both mutually exclusive and independent (6) Suppose P(A)0.s0, P(B)0.60 and P(AUB)0.90. Then what is the value of P(A B)? (7) From experience, a shipping company knows that the cost of delivering a small packnge within 24 hours is $14.80. The company charges $15.50 for shipment but guarantees to refund the charge if delivery is not made within 24 hours. If the company fails to deliver only 2% of its packages within the 24-hour period, what is the expected gain per package?
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