In: Math
| According to the National Automobile Dealers Assoc., 75% of U.S. car dealers' profits comes from | ||||||||||
| repairs and parts sold. However, many of the dealerships' service departments aren't open evenings | ||||||||||
| or weekends. The percentage of dealerships opened during the evenings and weekends are as | ||||||||||
| follows: | ||||||||||
| Time Dealerships are Open | Percentage of Dealerships | |||||||||
| Weekends but not evenings | 37.5 | |||||||||
| Evenings but not weekends | 13.2 | |||||||||
| Both evenings and weekends | 11.3 | |||||||||
| a. Are the listed times mutually exclusive? | ||||||||||
| b. What is the probability that a car dealership selected at random is not open in the | ||||||||||
| evenings or on the weekends? | ||||||||||
| c. Suppose two car dealerships, say, Dealership A and Dealership B, are each selected at | ||||||||||
| random from car dealerships in the United States. What is the probability that both are open | ||||||||||
| in the evenings but not on the weekends, or that both are open on the weekends but not in | ||||||||||
| the evenings? | ||||||||||
| d. For the two dealerships in part c, what is the probability that Dealership A is open in the | ||||||||||
| evenings but not on the weekends, and Dealership B is open on the weekends but not in the | ||||||||||
| evenings? | ||||||||||
| e. For the two dealerships in part c, what is the probability that one of them is open in the | ||||||||||
| evenings but not on the weekends, and that the other is open on the weekends but not in the | ||||||||||
| evenings? | ||||||||||