PROBABILITY AND EXPECTED VALUE - Fulshear, Texas

Table 2: We recast Table 1 in terms of probability Adding up the first column tells you the probability P(D) that the selected person lives in the dorms: 24/200 + 1/200 = 25/200 = .125. In parallel fashion, the probability of not living in the dorms is .18 + .695 = .875. ................
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