The probability that truck A will rise in price is 0.56 while the probability that truck B will rise in price is 0.59. T
Posted: Mon Jul 11, 2022 11:44 am
The probability that truck A will rise in price is 0.56 while the probability that truck B will rise in price is 0.59. The probability of both trucks rising in price is 0.44. A = truck A will rise in price B = truck B will rise in price Report numeric answers to 2 decimal places. Do not convert to percent. 1. Use the given information to complete the following probability table. A and B represent the complements of events A and B respectively. B Total A А Total B 2. What is the probability that a) truck A will not rise in price? b) only truck B will rise in price? c) at least one truck will rise in price? d) both trucks will not rise in price? e) only one truck will rise in price (not both)? f) no more than one truck will rise in price? 3. a) Are A and B mutually exclusive? Why? Select an answer 1.00 b) Are A and B independent? Why? Select an answer