As a company manager for ABC Corporation, there is a 0.40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a raise, or both. The likelihood of getting a promotion and a raise is 0.2. Show all your work and discuss your results. a. If you get a promotion, what is the probability that you will also get a raise? b. What is the probability that you will get a raise? c.   Are getting a raise and being promoted independent events? Explain using probabilities.

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As a company manager for ABC Corporation, there is a 0.40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a raise, or both. The likelihood of getting a promotion and a raise is 0.2. Show all your work and discuss your results.

a.

If you get a promotion, what is the probability that you will also get a raise?

b.

What is the probability that you will get a raise?

c.

 

Are getting a raise and being promoted independent events? Explain using probabilities.

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