Back to 9.2 Problems on Independent Classes of Random Variables

9.2 Exercise 17

Avg difficulty 2.5

Margaret considers five purchases in the amounts 5, 17, 21, 8, 15 dollars with respective probabilities 0.37, 0.22, 0.38, 0.81, 0.63. Anne contemplates six purchases in the amounts 8, 15, 12, 18, 15, 12 dollars. with respective probabilities 0.77, 0.52, 0.23, 0.41, 0.83, 0.58. Assume that all eleven possible purchases form an independent class.

  1. What is the probability Anne spends at least twice as much as Margaret?
  2. What is the probability Anne spends at least $30 more than Margaret?

Pfeiffer, Applied Probability, 9.2 Problems on Independent Classes of Random Variables, exercise 17

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Adapted from Applied Probability © 2009 Paul E. Pfeiffer. Licensed under CC BY 3.0. Source: Applied Probability. Imported at revision d7a0420.