Probability of getting a promotion and raise

Reference no: EM1392986

Consider that you are a line manager in your current Corporation. There is a 0.50 probability that you will be promoted this year. There is a 0.65 probability that you will get a promotion or a raise. The probability of getting a promotion and a raise is 0.35. (Use letter P to denote promotion and letter R to denote raise.)

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

b) What is the probability that you will get a raise?

Please show all the steps in your calculations.

Reference no: EM1392986

Questions Cloud

Express force that the wall exerts on the left end of beam : A 1210-N uniform beam is attached to a vertical wall at one end and is supported by a cable at the other end.

Is it beneficial to give young children with computers : After reading information under heading Statuses, explain and provide the example of each of the following as each applies to you and your life.

Define the average force exerted by the wall on ball : A 280-g block on a 52 cm long string swings in a circle on a horizontal, frictionless table at 95 rpm. What is the speed of the block.

Calculate the expected inventory turnover for next year : Calculate the expected inventory turnover for next year. Calculate the expected weeks of supply. GR plans on increasing next years sales by 10 percent while maintaining its same average inventory in dollars of $500,000.

Probability of getting a promotion and raise : Consider that you are a line manager in your current Corporation. There is a 0.50 probability that you will be promoted this year. There is a 0.65 probability that you will get a promotion or a raise. The probability of getting a promotion and a r..

What is the work done on the jet by catapult : In being launched from rest it moves through a distance of 87.00 m and has a kinetic energy of 4.5*10^7 J at lift-off. What is the work done on the jet by catapult.

Describe why each drug could be fatal to a cell : Two examples of chemotherapeutic drugs (drugs used to treat cancer) and their cellular actions are listed below. Describe why each drug could be fatal to a cell.

Calculate average inventory level : the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $60. Calculate the following:

Characteristics of a hereditary material : Discuss two essential characteristics of a hereditary material. Briefly explain how these characteristics are demonstrated by DNA.

User Account

All Pages