SOLUTION: The president of a bank is attempting to arrange a meeting with the three vice presidents for a Friday weekly meeting. He believes that each of these three busy individuals, indepe

Algebra ->  Probability-and-statistics -> SOLUTION: The president of a bank is attempting to arrange a meeting with the three vice presidents for a Friday weekly meeting. He believes that each of these three busy individuals, indepe      Log On


   



Question 754958: The president of a bank is attempting to arrange a meeting with the three vice presidents for a Friday weekly meeting. He believes that each of these three busy individuals, independently of the others, has about 40% chance of being able to attend the meeting. What is the probability that none of the three vice presidents can attend the meeting? Place your answer, rounded to 3 decimal places, in the blank. For example, 0.123 would be a legitimate entry.
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


If the probability that one of the executives can attend is 40%, then the probability that they cannot attend is 60%. Three independent events, each with a probability of 0.6. You can do your own arithmetic.

John

Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
The Out Campaign: Scarlet Letter of Atheism