If the probabilities are, respectively 0.09, 0.15, 0.21, and 0.23 that a personpurchasinganew automobile will choose the color green, white, red or blue. Whatis the probability that a given buyer will purchase a new automobile:(a) that is green or red?(b) that is not white?

a) that is green or red. Or means ADD: Add all the probabilities. (0.09)+(0.51)+(0.21)+(0.23)=0.68…

the probabilities are, respectively 0.09, 0.15, 0.21, and 0.2: rchasinganew automobile will choose the color green, white, re the probability that a given buyer will purchase a new automobi that is green or red? that is not white?

the probabilities are, respectively 0.09, 0.15, 0.21, and 0.2: rchasinganew automobile will choose the color green, white, re the probability that a given buyer will purchase a new automobi that is green or red? that is not white?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If the probabilities are, respectively 0.09, 0.15, 0.21, and 0.23 that a person
purchasinganew automobile will choose the color green, white, red or blue. What
is the probability that a given buyer will purchase a new automobile:
(a) that is green or red?
(b) that is not white?

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