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L15.2082 - Statistics for Business and Economics (2024/2025)

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If events A and B are mutually exclusive, then:

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In a scientific laboratory, 85% of the experiments are related to biology, while the remaining 15% are related to chemistry. Suppose that the probability of a laboratory assistant accurately documenting the experiment does not depend on the experiment's type. However, whenever an experiment is documented, the laboratory assistants correctly record the experiment's field in 80% of the cases and mistakenly label it as a different field in 20% of the cases.

What is the probability that a lab assistant labels an experiment as a biology experiment?

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A marketing manager calculates the percentage of survey respondents who prefer Product A over Product B.

This is a:
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A random experiment gave rise to the two-way contingency table shown. 

  

Events L and R are:

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