Probability: Calculating Basic Probabilities – #29553


Question: As a company manager for Claimstat Corp., there is a .40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a

raise, or both. The probability of getting a promotion and a raise is 0.25.

a. If you get a promotion, what is the probability you will also get a raise?

b. What is the probability you will get a raise?

c. Are getting a raise and getting a promotion independent events? Explain using probabilities.

d. Are these two events mutually exclusive? Explain using probabilities.

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