Question: The espresso project will do well with probability 0.80. Given that it does well, you believe the herbal tea project is likely to do well

The espresso project will do well with probability 0.80. Given that it does well, you believe the herbal tea project is likely to do well with probability 0.70. However, if the espresso project does not dowell, then the herbal tea project has only a 25% chance of doing well.
a. Complete a probability tree for this situation.
b. Find the probability that the herbal tea project does well.
c. Find the probability that both projects do well.
d. Find the conditional probability that the espresso project does well given that the herbal tea project does well. Compare it to the appropriate unconditional probability and interpret the result.

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a b The probability is 056 005 061 c The probability is 056 d The probability is 05606... View full answer

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