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Math Help - showing that two events are dependent/independent

  1. #1
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    showing that two events are dependent/independent

    If we have a table for two types of company which have either high or low risk sock given thus:


    COMPANY TYPE LOW RISK HIGH RISK

    Internet services .....6 ...............9
    Financial Service .....20 ..............5


    and we want to see if the company type is dependent or independent of the level of risk how do we do this?

    I know if P(A intersect B) = P(A) times P(B) then we know the events are independent, and if those two expressions are not equal then we know they are dependent

    how do I set up events A and B in this case?
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    Re: showing that two events are dependent/independent

    You should use the chi square test for independence.see attached.
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    Re: showing that two events are dependent/independent

    You should use the chi square test for independence.see attached.
    Attached Files Attached Files
    Last edited by hedi; November 16th 2012 at 08:54 AM.
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    Re: showing that two events are dependent/independent

    Quote Originally Posted by kingsolomonsgrave View Post
    If we have a table for two types of company which have either high or low risk sock given thus:
    COMPANY TYPE LOW RISK HIGH RISK
    Internet services .....6 ...............9
    Financial Service .....20 ..............5
    and we want to see if the company type is dependent or independent of the level of risk how do we do this?
    I think that you are meant to simply look at the table.
    There are forty stocks. Pick one at random.
    Let I be the event the stock comes from Internet services.
    Let L be the event the stock comes is low risk.

    Now find \mathcal{P}(I),~\mathcal{P}(L),~\&~,\mathcal{P}(I \cap L).
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    Re: showing that two events are dependent/independent

    No,you need to use the chi square test for independence as explained in the attached text or elsewhere.
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