The probability that both locations will have high sales next quarter is (E)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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An automobile dealer owns two dealerships that are located 500 miles apart. Auto sales
at each location are independent of sales at the other. Probabilities of high, normal and
low sales in each region next quarter are as follows:
Sales Level
Location A
Location B
High
.3
.4
Normal
4
.4
Low
.3
.2
The probability that both locations will have high sales next quarter is (E)
O a. 10%
O b. 35%
O c. 12%
O d. 15%
Transcribed Image Text:An automobile dealer owns two dealerships that are located 500 miles apart. Auto sales at each location are independent of sales at the other. Probabilities of high, normal and low sales in each region next quarter are as follows: Sales Level Location A Location B High .3 .4 Normal 4 .4 Low .3 .2 The probability that both locations will have high sales next quarter is (E) O a. 10% O b. 35% O c. 12% O d. 15%
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