Answer:
a) 0.1769 = 17.69% probability that both professors get their grants funded.
b) 0.7231 = 72.31% probability that at least one of the professors will be funded.
c) 0.4331 = 43.31% probability that Professor Jane is funded but Professor Joe is not.
d) 0.5989 = 59.89% probability that Professor Jane is funded but Professor Joe is not
Step-by-step explanation:
a. What is the probability that both professors get their grants funded?
Jane has a 0.61 probability of being funded.
Joe has a 0.29 probability of being funded.
So
0.1769 = 17.69% probability that both professors get their grants funded.
b. What is the probability that at least one of the professors will be funded?
None:
Jane has a 1 - 0.61 = 0.39 probability of not being funded.
Joe has a 1 - 0.29 = 0.71 probability of not being funded.
0.39*0.71 = 0.2769
At least one:
1 - 0.2769 = 0.7231
0.7231 = 72.31% probability that at least one of the professors will be funded.
c. What is the probability that Professor Jane is funded but Professor Joe is not?
Jane has a 0.61 probability of being funded.
Joe has a 1 - 0.29 = 0.71 probability of not being funded.
0.61*0.71 = 0.4331
0.4331 = 43.31% probability that Professor Jane is funded but Professor Joe is not.
d. Given at least one of the professors is funded, what is the probability that Professor Jane is funded but Professor Joe is not?
0.4331/0.7231 = 0.5989
0.5989 = 59.89% probability that Professor Jane is funded but Professor Joe is not