The probability that automobiles sales will increase next month is 0.50. The probability  that sale of parts will increase  next month is 0.40. The probability that both the industries  will   experience   an  increase  in sales is estimated to be 0.20 i) If the replacement part sales have increased, find the probability that automobiles  sales   will also increase during the month.       ii) find the probability that neither sale have increased during the month?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 26E: Find the probability of each event. Getting 2 red eggs in a single scoop from a bucket containing 5...
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The probability that automobiles sales will increase next month is 0.50. The probability

 that sale of parts will increase  next month is 0.40. The probability that both the industries

 will   experience   an  increase  in sales is estimated to be 0.20

  1. i) If the replacement part sales have increased, find the probability that automobiles

 sales   will also increase during the month. 

     ii) find the probability that neither sale have increased during the month?

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