7. A sales manager at a car dealership has determined that selling a Porsche Cayenne and a Range Rover Sport on the same day is not possible. The probability of selling a Porsche Cayenne is 0.6, while the probability of selling a Range Rover Sport 0.01. He will get a $100,000 bonus if he sells any one of these two cars on a given day. What is the probability that he gets the bonus next week Thursday?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
icon
Related questions
Question

J 1

7. A sales manager at a car dealership has determined that selling a Porsche Cayenne and a Range Rover Sport on
the same day is not possible. The probability of selling a Porsche Cayenne is 0.6, while the probability of selling
a Range Rover Sport 0.01. He will get a $100,000 bonus if he sells any one of these two cars on a given day.
What is the probability that he gets the bonus next week Thursday?
Transcribed Image Text:7. A sales manager at a car dealership has determined that selling a Porsche Cayenne and a Range Rover Sport on the same day is not possible. The probability of selling a Porsche Cayenne is 0.6, while the probability of selling a Range Rover Sport 0.01. He will get a $100,000 bonus if he sells any one of these two cars on a given day. What is the probability that he gets the bonus next week Thursday?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL