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Annual Review You Are Up for Your Annual Job Performance

Question 46

Essay

Annual review You are up for your annual job performance review. You estimate there's a
30% chance you'll get a promotion, a 40% chance of a raise, and a 20% chance of getting
both a raise and a promotion.
a. Find the probability that you get a raise or promotion.
b. Are the raise and the promotion independent events? Explain.

Correct Answer:

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