As a company manager for Claimstat Corporation there is a .40 probability that you will be promoted this year. There is a .72 probability that you will get a promotion or a raise. The probability of getting a promotion and a raise is .25
a. If you get a promotion, what is the probability that you will also get a raise?
b. What is the probability of getting a raise?
c. Are getting a raise and being promoted independent events? Explain using probabilities.
d. Are these two events mutually exclusive? Explain using probabilities.
a. .625
b. .57
c. No, because P(R) ? P(R ? P)
d. No, because P(R ? P) ? 0
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