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    Argosy University/ Phoniex University/
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Category > Management Posted 25 Mar 2018 My Price 7.00

joint probability table

Referring to the joint probability table prepared in Problem 5.50, indicate the following probabilities: (a) P(I),

Problem 5.50

Table 5.5 is a contingency table which presents a classification of 150 sampled companies according to four industry groups and according to whether return on equity is above or below the average return in this sample of 150 firms. Prepare the joint probability table based on these sample data.

Table 5.5 Contingency Table for Return on Equity According to Industry Group

 

Return on equity

 

Industry

Above

Below

 

category

average (A)

average (B)

Total

I

2

40

60

II

10

10

20

III

20

10

30

IV

25

15

40

Total

75

75

150

Answers

(5)
Status NEW Posted 25 Mar 2018 06:03 AM My Price 7.00

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