Question: 1. The coming year is expected to be a good one with probability 0.80. Given that it is a go year, you expect that a

 1. The coming year is expected to be a good one

1. The coming year is expected to be a good one with probability 0.80. Given that it is a go year, you expect that a dividend will be declared with probability 0.85. However, if it is not good year, then a dividend will occur with probability 0.10. 1. Find the probability that it is a good year and a dividend is declared. 2. Find the probability that a dividend is issued. 3. Find the conditional probability that it is a good year, given that a dividend is issued

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