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a. find probability that the performance of the world economy will be neutral and that of creative
ideas will be poor
(Neutral and poor)
0.2 0.3
0.2x0.3=0.006
=0.01
b. find probability the performance of Creative Ideas will be poor
(Good and poor) or (neutral and poor) or (poor and poor)
(0.50 0.2)U(0.2 0.3)U(0.3 0.2)
(0.50 x 0.2)+(0.2 x 0.3)+(0.3 x 0.2)
0.1+ 0.06+0.06
=0.22
c. The performance of Creative Ideas was poor. What is the probability that the performance of
the world economy had also been poor
(0.3 0.2)U(0.3 0.3)U(0.3 0.2)
(0.3 x 0.2)+(0.3 x 0.3)+(0.3 x 0.2)
0.06+0.09+0.06
=0.21

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a. find probability that the performance of the world economy will be neutral and that of creative ideas will be poor (Neutral and poor) 0.2 ∩ 0.3 0.2x0.3=0.006 =0.01 b. find probability the performance of Creative Ideas will be poor (Good and poor) or (neutral and poor) or (poor and poor) (0.5 ...
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