SOLUTION: the odds against the dispute manager x sitting the wage dispute with the workers are 8:6 and odds in favour of manager ysetting the same dispute is 14:16. 1. what is the chance t

Question 631709: the odds against the dispute manager x sitting the wage dispute with the workers are 8:6 and odds in favour of manager ysetting the same dispute is 14:16.
1. what is the chance that neither setting the dispute if both try independently.
2. what is the probability t6hat dispute is settled
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
the odds against the dispute manager x settling the wage dispute with the workers are 8:6
P(against) = 8/14
P(for) = 6/14
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and odds in favor of manager y settling the same dispute is 14:16.
P(against) = 16/30
P(for) = 14/30
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1. what is the chance that neither settling the dispute if both try independently.
Ans: (8/14)(16/30) = (4/7)(8/15) = 32/105
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2. what is the probability that dispute is settled.
Ans: (6/14)(14/30) = (3/7)(7/15) = 1/5
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Cheers,
Stan H.
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