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?
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
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?
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