(Answered) The chair of the board of directors says there is a 50

Economics

The chair of the board of directors says, "There is a 50% chance this company will earn a profit, a 30% chance it will break even, and a 20% chance it will lose money next quarter."

a. Use an addition rule to find the probability the company will not lose money next quarter.

b. Use the complement rule to find the probability it will not lose money next quarter.

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Business Economics, Economics

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