[Step-by-Step] A corporation takes delivery of some new machinery that must be installed and checked before it comes available. The corporation is sure that
Question:
A corporation takes delivery of some new machinery that must be installed and checked before it comes available. The corporation is sure that it will take no more than 7 days for this installation and check to take place. Let A be the event " I t wi ll be more than 4 days before the machinery becomes available " and B the event " It wi ll be less than 6 days before the machinery becomes available "
- Are A and B mutually exclusive?
- Are A and B collectively exhaustive?
- If P(A)=0.5 and P(B)=0.7 calculate P(AB)
- (Optional) If it is given that the new machinery came available in less than 6 days what is the probability that it took more than 4 days?
Deliverable: Word Document 