Wing Foot is a shoe franchise commonly found in shopping centers across the United States. Wing Foot knows that its stor

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Wing Foot is a shoe franchise commonly found in shopping centers
across the United States. Wing Foot knows that its stores will not
show a profit unless they gross over $940,000 per year.
Let A be the event that a new Wing Foot store
grosses over $940,000 its first year. Let B be
the event that a store grosses over $940,000 its second year. Wing
Foot has an administrative policy of closing a new store if it does
not show a profit in either of the first two years. Assume that the
accounting office at Wing Foot provided the following information:
61% of all Wing Foot stores show a profit the
first year; 72% of all Wing Foot store show a
profit the second year (this includes stores that did not show a
profit the first year); however, 87% of Wing Foot stores that
showed a profit the first year also showed a profit the second
year. Compute if , ,
and . Round your
answer to the nearest hundredth.
a. 0.44
b.0.76
c.0.80
d.0.46
e.0.87