Consider each of the following events, and determine how the probability is
1. a gambler determines he will have a 1/26 chance pf drawing a queen
2. a doctor reassures a patient that he is 95% sure of his diagnoses that all the patient has is a cold
3. A researcher survey a group of 50,000 college students and finds that close to 19,000 of them are business majors of some sort. She concludes that 38% of college students are business majors

Question

Consider each of the following events, and determine how the probability is 
1. a gambler determines he will have a 1/26 chance pf drawing a queen
2. a doctor reassures a patient that he is 95% sure of his diagnoses that all the patient has is a cold
3. A researcher survey a group of 50,000 college students and finds that close to 19,000 of them are business majors of some sort. She concludes that 38% of college students are business majors

tkhunny · Answer

...is used?  ...is calculated?  ...is misunderstood?