Question: Option #2: Probability Option 2 Question #1 You have purchased stock in a new company.Based on similar companies, the chance of having a return of

Option #2: Probability Option 2

Question #1

You have purchased stock in a new company.Based on similar companies, the chance of having a return of $2000 based on what you invested is 12% and the chance of losing $1000 is 88%.What are your expected earnings from the stock?

Question #2

Foreign soccer leagues often test their athletes for using illegal performance enhancing drugs.The probability that a student fails chemistry is 0.23.The probability that the student fails chemistry and physics is 0.17.Find the probability that the student fails chemistry given that he or she fails physics.

Question #3

The winning a raffle at work is 1 to 20.What is the probability that you win?

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