A marketing company specializes in providing assessments of prospects for sport shops in strip malls. The prospects are rated as good, fair, or poor. Below is a table representing the number of prospects making profits and not making profits in the first year. Good Fair Poor profit 96 36 4 no profit 24 24 16 If a prospect was randomly selected, what is the probability the prospect would make a profit? Round your answer to two decimal places. ______________ If a prospect was randomly selected, what is the probability the prospect would be rated as good or would not make a profit? Round your answer to two decimal places. ________________ If a prospect was randomly selected, what is the probability the prospect was rated as poor, given the prospect did not make a profit? Round your answer to two decimal places. _____________

A marketing company specializes in providing assessments of prospects for sport shops in strip malls. The prospects are rated as good, fair, or poor. Below is a table representing the number of prospects making profits and not making profits in the first year. Good Fair Poor profit 96 36 4 no profit 24 24 16 If a prospect was randomly selected, what is the probability the prospect would make a profit? Round your answer to two decimal places. __ If a prospect was randomly selected, what is the probability the prospect would be rated as good or would not make a profit? Round your answer to two decimal places. If a prospect was randomly selected, what is the probability the prospect was rated as poor, given the prospect did not make a profit? Round your answer to two decimal places. _

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Giving a test to a group of students, the grades and gender are summarized below. Round your answers to 4 decimal places. Grades and Gender A B с Total Male 45 Female 18 4 25 Total 20 33 17 70 If one student is chosen at random, a. Find the probability that the student got a C: b. Find the probability that the student was male AND got a "C": c. Find the probability that the student was female OR got a "C": d. If one student is chosen at random, find the probability that the student was male GIVEN they got a 'C':