An oil exploration company currently has two active projects, one in Asia and the other in Europe. Let A be the event that the Asian project is successful and B be the event that the European project is successful. Suppose that A and B are independent events with P(A) = 0.4 and P(B) = 0.7. a. If the Asian project is not successful, what is the probability that the European project is also not successful? Explain your reasoning. b. What is the probability that at least one of the two projects will be successful? c. Given that at least one of the two projects is successful, what is the probability that only the Asian project is successful?
An oil exploration company currently has two active projects, one in Asia and the other in Europe. Let A be the event that the Asian project is successful and B be the event that the European project is successful. Suppose that A and B are independent events with P(A) = 0.4 and P(B) = 0.7. a. If the Asian project is not successful, what is the probability that the European project is also not successful? Explain your reasoning. b. What is the probability that at least one of the two projects will be successful? c. Given that at least one of the two projects is successful, what is the probability that only the Asian project is successful?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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Question
An oil exploration company currently has two active
projects, one in Asia and the other in Europe. Let A
be the
the event that the European project is successful. Suppose
that A and B are independent events with P(A) = 0.4 and
P(B) = 0.7.
a. If the Asian project is not successful, what is the
b. What is the probability that at least one of the two
projects will be successful?
c. Given that at least one of the two projects is successful, what is the probability that only the Asian project
is successful?
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