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
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

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages