A loans officer is considering 3 customers (A, B, and C) that could potentially pay off their loans soon. The probabilit
Posted: Sun Jul 10, 2022 10:17 am
A loans officer is considering 3 customers (A, B,and C) that could potentially pay off their loanssoon.The probability that customer A will payoff their loans is 0.3 while thatof B and C are 0.8 and 0.6 respectively.
Assume these events are independent.
Hint: Draw a probability tree/tree diagram.Do not round calculation results.
What is the probability that:
all 3 customers will pay off their loans? (Answer Here)
none of the 3 customers will pay off theirloans? (Answer Here)
not all 3 customers will pay off their loans? (AnswerHere)
only customer C will pay off theirloans? (Answer Here)
onlycustomers A and B willpay off their loans? (Answer Here)
onlycustomer B will not pay offtheir loans? (Answer Here)
at least one customer will pay off theirloans? (Answer Here)
no more than two customers will pay off theirloans? (Answer Here)
only one customer will pay off theirloans? (Answer Here)
customer A will not pay off theirloans given both C and B payoff their loans? (Answer Here)
Assume these events are independent.
Hint: Draw a probability tree/tree diagram.Do not round calculation results.
What is the probability that:
all 3 customers will pay off their loans? (Answer Here)
none of the 3 customers will pay off theirloans? (Answer Here)
not all 3 customers will pay off their loans? (AnswerHere)
only customer C will pay off theirloans? (Answer Here)
onlycustomers A and B willpay off their loans? (Answer Here)
onlycustomer B will not pay offtheir loans? (Answer Here)
at least one customer will pay off theirloans? (Answer Here)
no more than two customers will pay off theirloans? (Answer Here)
only one customer will pay off theirloans? (Answer Here)
customer A will not pay off theirloans given both C and B payoff their loans? (Answer Here)