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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: Duker who wrote (4049)6/28/1999 3:12:00 PM
From: Hopkins  Read Replies (1) | Respond to of 6439
 
Here is a fun math question for you guys and gals, while we wait.

Given:

"Trial transcripts cover 40,000 pages and the plaintiffs alone entered 1,200 documents into evidence. The 12-page verdict form requires a separate ruling for each of the nine defendants on eight of the 10 questions.

Some of those eight are further broken down so that jurors must decide whether the acts in question, such as breach of warranty, were committed before or after certain dates, such as the date in 1969 when the United States began requiring health warning labels on cigarette packages.

The six jurors must reach a unanimous decision on each part of each question."

Find:

The probability that at least one defendant co. is found guilty.

Assume:

For each question prob(Guilty)=.5 & prob(Not Guilty)=.5 (ie. the juries flip a coin on each question for each company)

HOPKINS