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In Exercises 13–20, express the indicated degree of likelihood as a probability value between 0 and 1.

Luggage Based on a Harris poll, if you randomly select a traveller, there is a 43% chance that his or her luggage is black.

Short Answer

Expert verified

The probability that a randomly selected traveler has black-colored luggage is 0.43.

Step by step solution

01

 Step 1: Given information

For a randomly selected traveler, there is a 43% chance that their luggage is black.

02

Define probability

Probability is the measure computed in the range of 0 to 1 to express the chance of occurrence of an arbitrary event.

It is calculated using the formula

PA=NumberofoutcomesinfavourofATotalnumberofoutcomes

A probability (between 0 and 1) can be computed from the percentage equivalent measure bydividing it by 100.

03

Calculate the probability 

The percentage of travelers with black luggage is 43%.

The probability of event E (traveler having black luggage) is

PE=43100=0.43

Therefore, the probability of choosing a traveler who has black-colored luggage is 0.43.

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Most popular questions from this chapter

Denomination Effect. In Exercises 13–16, use the data in the following table. In an experiment to study the effects of using four quarters or a \(1 bill, college students were given either four quarters or a \)1 bill and they could either keep the money or spend it on gum. The results are summarized in the table (based on data from “The Denomination Effect,” by Priya Raghubir and Joydeep Srivastava, Journal of Consumer Research, Vol. 36).

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