2. a statistics student plans to use a ti-84 plus calculator on her final exam. from past experience, she estimates that there is 0.92 probability that the calculator will work on any given day. because the final exam is so important, she plans to use redundancy by bringing in two ti-84 plus calculators. what is the probability that she will be able to complete her exam with a working calculator? does she really gain much by bringing in the backup calculator? explain. [6 points]

Step-by-step explanation:

1. Assuming the failure is in the calculator, not the operator, and the failures are independent, the probability of finishing with at least one working calculator is the complement of the probability that both will fail. That is ...

... P(≥1 working) = 1 - P(both fail) = 1 - P(fail)² = 1 - (1 - 0.92)² = 0.9936

2. The odds in favor of finishing an exam starting with only one calculator are 0.92 : 0.08 = 11.5 : 1.

If two calculators are brought to the exam, the odds in favor of at least one working calculator are 0.9936 : 0.0064 = 155.25 : 1.

This odds ratio is 155.25/11.5 = 13.5 times as good as the odds with only one calculator.

My assessment is that there is significant gain from bringing a backup. (Personally, I might investigate why the probability of failure is so high. I have not had such bad luck with calculators, which makes me wonder if operator error is involved.)

answer: 40.95

step-by-step explanation:

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