Question

In: Statistics and Probability

Randy wants to either ride share to work or drive his own car to work, but it is impossible for Randy to ride share and drive his own car in one trip.


Randy wants to either ride share to work or drive his own car to work, but it is impossible for Randy to ride share and drive his own car in one trip. If the probability that Randy ride shares is 0.22, and the probability that Randy drives his own car is 0.42, what is the probability that Randy ride shares or drives his own car to work? 


Provide your answer below

Solutions

Expert Solution


Related Solutions

Suppose your colleague at work uses 1/2 a gallon of gasoline to drive round-trip between his...
Suppose your colleague at work uses 1/2 a gallon of gasoline to drive round-trip between his house and the office each day. How much chemical potential energy is stored in each 1/2 gallon? Use the following conversions to express your answer in Joules: 1 gallon of gasoline = 6.2 lbs 1 kg = 2.2 lbs 1 MJ (MegaJoule) = 106 Joules The specific density of gasoline is 46 MJ/kg. That is, there are 46 MJ stored in every kilogram of...
Luis wants to know how much he will have available to spend on his trip to...
Luis wants to know how much he will have available to spend on his trip to Belize in three years if he deposits $2,700 today at an interest rate of 5​%
Jason Lumberpond likes to drive his solid-gold rocket car back and forth in front of his...
Jason Lumberpond likes to drive his solid-gold rocket car back and forth in front of his house. The loud noise from the rocket engines imposes a loss equal to $L on his neighbors. There are two possible ways to avoid that loss. Jason can install an expensive muffler, or the neighbors can install soundproofing on their houses. The muffler costs $C and the soundproofing costs $E. Suppose that E > L > C. Suppose that the neighbors have a liability...
Henderson is on a business trip in New Jersey. He drove his car from New York...
Henderson is on a business trip in New Jersey. He drove his car from New York to New Jersey and checks into the Hotel Ritz. The Ritz has a guarded underground parking lot. Henderson gives his keys to the parking attendant, but did not tell him that his wife’s expensive ($15,000) fur coat was in the car. The coat was packed in a box in the trunk of the car. When Henderson went to check out the next day, he...
1. David is an experienced restaurant manager who wants to open his own restaurant (at one...
1. David is an experienced restaurant manager who wants to open his own restaurant (at one location only) and be the manager of it. He knows that he needs at least $100,000 to create and operate the business, and he knows that he can only raise $50,000 on his own towards the $100,000 he needs. Name for him all of the types of business organizations that exist (all of them). Tell him which two of those business organizations would likely...
You have a work trip next week and your boss asks you to rent a car....
You have a work trip next week and your boss asks you to rent a car. One choice of a rental car is a Hyundai Elantra which gets 40 miles per gallon. You will be gone for one day. The price of the rental car is $45.49 per day, plus tax (15.3%). When you pick up the car, it has a full tank of gas and you need to return it this way. You will be driving 132 miles each...
Consider an individual who must drive to his place of work. Assume that there are 16...
Consider an individual who must drive to his place of work. Assume that there are 16 available hours in the day, that his wage rate is $20 per hour, and that he has nonlabour income of $100 per day. The commute takes one hour each day and it costs $40 in expenses for the round trip. Using a work-eisure diagram, depict his labour supply choice, including his reservation wage. Analyze the impact of an increase in commuting costs on his...
An electric car enthusiast wants to buy an electric car! He tests two of his favorite...
An electric car enthusiast wants to buy an electric car! He tests two of his favorite brands with an adequate nominal range to see which one is more consistent in terms of mile per charge on a full charge! He tests a sample of 10 cars of brand A and 11 cars of brand B with the following results (mile per charge): A: 371 369 388 375 359 382 370 365 381 376 (s = 8.618, x_bar = 373.600) B:...
As Steve was driving to work, his car was involved in an accident caused by a...
As Steve was driving to work, his car was involved in an accident caused by a speeding driver that ran a stop sign and crashed into her car. Steve has collision insurance on his car with a $500 deductible. The repair costs total $6500 for Steve's car. 1. If Steve files a claim with the insurer, can he also collect payments from the negligent driver's insurer? Explain your answer. 2. Explain the principles of subrogation and indemnity as they apply...
SHOW WORK: You drive your car up a constant slope for 21200 feet. In the process,...
SHOW WORK: You drive your car up a constant slope for 21200 feet. In the process, you gain 1320 feet of vertical elevation. What is the angle of this slope?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT