SOLUTION: In a large city, 37% of all restaurants accept both master and visa credit cards, and 50% accept master cards and 60% accept visa cards. A tourist visiting the city picks at random

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Question 1168795: In a large city, 37% of all restaurants accept both master and visa credit cards, and 50% accept master cards and 60% accept visa cards. A tourist visiting the city picks at random a restaurant at which to have lunch. Define the following events:
M = {the randomly chosen restaurant accepts master credit cards},
V = {the randomly chosen restaurant accepts visa credit cards}.What is the probability that a given restaurant does not accept master or visa credit cards?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


The sample space consists of four outcomes:

  Both       1/2 * 3/5
  MC only    1/2 * 2/5
  Visa only  1/2 * 3/5
  Neither    1/2 * 2/5

The sum is equal to 1, so the list is exhaustive.

John

My calculator said it, I believe it, that settles it


I > Ø