Use probability tables where applicable

1) The electric car company Tesla is working to put its new Model X into production. Whether the
Model X goes into production or not will have a significant impact on their profitability. If the Model
X is put into production next year, there’s an 80% chance that Tesla will be profitable. Otherwise, if the
Model X is not put into production next year there’s only a 5% chance that they will be profitable.
Experts estimate that there is a 25% chance that Tesla will be able to put the Model X into production
next year.
a) If Tesla does put the Model X into production next year, what is the chance that they are not
profitable?
b) What is the probability that Tesla will be profitable next year?
c) It turns out that Tesla is profitable next year. What is the probability that they did put the Model X
into production?
2. In Cook County, each day is either sunny or cloudy. If a day is sunny, the following day will be
sunny with probability 0.60. If a day is cloudy, the following day will be cloudy with probability 0.70.
Suppose it is cloudy on Monday.
a) What is the probability that it will be sunny on Wednesday?
b) What is the probability that it will be sunny on both Tuesday and Wednesday?
3. Elizabeth takes the 85 and 280 freeways to get to campus. Each freeway is either moving or
congested. The 280 is congested 30% of the time. If the 280 is congested, there is an 80% chance that
the 85 is also congested. If the 280 is moving, there is a 20% chance that the 85 is congested.
a) Define events that would be useful in analyzing this situation.
b) Write mathematically the probabilities that are provided above.
c) What is the probability that both freeways are congested?
d) It turns out that the 85 is congested. What is the probability that the 280 is also congested?
4. A job fair was held at the Student Union. 25% of the students who attended received job offers. Of
all of the students at the job fair, 40% were from the College of Business. Among these business
students, 50% received job offers.
Let J be the event that a student is offered a job. Let B be the event that the student is from the College
of Business.
a) Are events J and B independent? Why or why not?
b) Are events J and B mutually exclusive? Why or why not?
c) Joe, who is not a business student, attended the job fair. What is the probability that he received
a job offer?
d) Another student, Samantha, received a job offer. What is the probability that she is a Business
student?

Semester Papers
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

error: Content is protected !!