The weather forecaster says that the probability of rain on Saturday is 20% and the probability of rain on Sunday is 30%. a. Can
1 answer:
Answer:
0.44
Step-by-step explanation:
given that the weather forecaster says that the probability of rain on Saturday is 20% and the probability of rain on Sunday is 30%.
It is common sense to know that Saturday and Sunday are independent of the other
Hence Probability that it rains on both days = 0.2*0.3=0.06
Since for independent events joint probability is the product of probabilities
required probability
= probability of rain over the weekend (Saturday or Sunday
= P(Sunday)+P(Saturday) -P(both)
=
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Answer:
D. It will increase by 1%.
Step-by-step explanation:
Given
--- initial rate
--- final rate
Required
The effect on the GDP
To calculate this, we make use of:
This gives:
<em>This implies that the GDP will increase by 1%</em>