What is the probability that you will get a raise

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As a company manager for ABC Corporation there is a 0.40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a raise, or both. The probability of getting a promotion and a raise is 0.25.

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?

c. Are getting a raise and being promoted to independent events? Explain using probabilities.

d. Are these two events mutually exclusive? Explain using probabilities and discuss your results.

Reference no: EM132857051

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